Global Malt Diastases Market Outlook (2024 – 2030)

The assessment reveals that the Global Malt Diastases Market achieved an estimated value of USD 21.84 Billion in 2023 and is anticipated to reach USD 40.44 Billion by 2030, experiencing a robust Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period of 2024-2030.

Market Dynamics

The expanding demand for beer and similar alcoholic beverages is a driving force behind the growth of the broader malt market, which includes the sector for malt diastases. Malt diastases, found in malted grains such as barley and wheat, play a pivotal role in converting starches into fermentable sugars during the brewing process. This transformation enables yeast to produce alcohol. The global malt diastases market is expected to witness steady expansion in the forthcoming years, spurred by the increasing demand for beer and alcoholic beverages, alongside the burgeoning popularity of craft beer and microbreweries. Furthermore, the utilization of malt diastases in the production of various food items like bread, crackers, and cereals contributes to the rising demand for these enzymes.

Key Drivers of the Global Malt Diastases Market

The surge in applications of Malt Diastases within the Food and Beverage Industry and Brewing Processes serves as a catalyst for the market's growth:

Malt diastases are increasingly preferred as a natural alternative to synthetic enzymes in the food and beverage sector. These enzymes facilitate the conversion of complex carbohydrates into simple sugars, enhancing the flavor and texture of various food products. The demand for malt diastases is expected to rise, driven by the escalating preference for natural and organic food items.

The global rise in the popularity of craft beer and microbreweries is a significant factor in the malt diastases market. These enzymes are vital in converting starch into fermentable sugars during the brewing process, thus aligning with the demand surge in the craft beer industry.

The market for malt diastases is also buoyed by technological advancements and the increasing demand for gluten-free products:

With the prevalence of digestive disorders such as celiac disease, the demand for gluten-free malt diastase products has surged. This has led to the production of gluten-free beer and other food items, driving consumer interest. Technological progress in enzyme engineering and fermentation has resulted in the development of improved malt diastases, enhancing their performance and functionality across multiple industries.

Challenges in the Global Malt Diastases Market

The market faces challenges such as fluctuating prices of raw materials like malted grains, influenced by factors such as changing weather patterns and global demand. Compliance with stringent regulations imposed by regulatory bodies such as the FDA and the European Food Safety Authority poses additional challenges for producers. Moreover, the competitive nature of the malt diastases market, characterized by price wars and narrow profit margins, adds complexity to the industry landscape.

Opportunities in the Global Malt Diastases Market

Manufacturers of malt diastases have a significant opportunity to position their products as natural substitutes for synthetic enzymes, capitalizing on the growing consumer preference for natural and organic food items. This trend is expected to drive demand within the food and beverage industries. Emerging economies like China, India, and Brazil present lucrative opportunities due to rapid economic growth, increased disposable income, and evolving consumer preferences. Additionally, advancements in fermentation and enzyme engineering hold the promise of developing superior malt diastases with enhanced performance and utility.

Impact of COVID-19 on the Global Malt Diastases Market

The COVID-19 pandemic has resulted in disruptions to supply chains, leading to increased costs and shortages of raw materials for manufacturers. Reduced production capacities have been observed, particularly in areas heavily impacted by the virus. Changes in consumer demand, including a heightened need for specific food and pharmaceutical products, have increased the demand for malt diastases. This shift in demand dynamics has been a notable effect of the pandemic on the market.

Recent Developments in the Global Malt Diastases Market

Recent advancements in the market include:

• In March 2022, Novozymes introduced Acrylaway Max, a new brewing enzyme designed to reduce acrylamide levels in beer, catering to the production of both traditional and low-alcohol beers.
• January 2021 saw the launch of Brewers Compass by DSM, a brewing enzyme aimed at enhancing the consistency and quality of beer, suitable for both craft and commercial brewing applications.
• Biocatalysts introduced Brewers Clarex 2.0 in August 2022, a new enzyme utilized in beer production to improve clarity and stability of the final product, catering to market demands for enhanced beer quality.

Global Malt Diastases Market Segmentation:

Global Malt Diastases Market Segmentation: By Type

• Alpha-amylase
• Beta-amylase
• Glucoamylase
• Protease
• Xylanase
• Others

An enzyme referred to as alpha-amylase transforms starch into smaller sugars, finding applications in the brewing and food sectors to enhance flavor and facilitate fermentation.

Beta-amylase, another enzyme, converts complex carbohydrates into simple sugars, commonly used in the brewing industry to increase beer yield and quality. Glucoamylase, an enzyme, transforms complex carbohydrates into glucose, frequently utilized in ethanol production and other fermented products. Protease enzyme breaks down proteins into smaller peptides and amino acids, often employed in the food industry to enhance the flavor and texture of dairy and meat products.

Global Malt Diastases Market Segmentation: By Application

• Brewing
• Food and beverage
• Animal feed
• Pharmaceuticals
• Others

The primary application sector for malt diastases remains the brewing industry, where they are utilized to break down complex carbohydrates into simple sugars for yeast fermentation. Malt diastases accelerate the fermentation process in brewing, enhancing beer flavor and aroma. In the food and beverage industry, the use of malt diastases improves many products due to their impact on texture, flavor, and nutritional value. These enzymes find applications in the production of dairy products, bread, confectionery, and various other foods. Additionally, malt diastases play a role in creating gluten-free products, catering to the increasing demand from consumers with gluten intolerance. The inclusion of malt diastases in animal feed aids in digestion and nutritional absorption.

Global Malt Diastases Market Segmentation: By End-User

• Large Scale Industries
• Small and Medium Enterprises
• Individual Consumers
• Others

Large-scale industries such as breweries and food processing firms constitute the primary users of malt diastases. These enterprises require substantial quantities of malt diastases to meet production demands and achieve economies of scale. Small and medium-sized enterprises (SMEs) also utilize malt diastases in their production processes, albeit in lesser quantities compared to larger enterprises. Individual consumers, especially those purchasing home brewing kits and food additives, represent a notable end-user segment for malt diastases. The increasing trend of home brewing and DIY food production drives the demand for malt diastases among individual consumers.

Global Malt Diastases Market Segmentation: By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

The North American market for malt diastases is experiencing growth due to the rising demand for beer and other alcoholic beverages, as well as the increasing use of malt diastases in the food and beverage sector. The United States stands as the largest market for malt diastases in North America, driven by the robust wine and beer industries and the popularity of gluten-free foods. In Europe, Germany leads the market for malt diastases. The Asia Pacific market for malt diastases is growing, fueled by a rising population and increasing disposable income in the region.

Global Malt Diastases Market Key Players:

1. Novozymes A/S
2. DuPont de Nemours, Inc.
3. Koninklijke DSM N.V.
4. Associated British Foods plc
5. Briess Malt & Ingredients Co.
6. Halcyon Proteins Pty Ltd
7. Kerry Group plc
8. Lallemand Inc.
9. Merck KGaA
10. Soufflet Group