Glucoamylase Market Growth, Size, Share, Trends, and Forecast 2032

According to the report published by Zion Market Research, the global Glucoamylase Market size was valued at USD 823.1 Million in 2023 and is predicted to reach USD 357.50 Million by the end of 2032. The market is expected to grow with a CAGR of 5.84% during the forecast period. The report analyzes the global Glucoamylase Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Glucoamylase Market industry.

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Global Glucoamylase Market: Overview

Glucoamylase helps in decomposing starch into glucose. This is done by shredding the glucose units. When the producer strain of Aspergillus niger undergoes submerged fermentation glucoamylase is generated. Generally, the glucoamylase is stored in a closed container where it remains dry and cool; it is stored in such a place so that it sustains the optimum activity of enzymes. In the applications such as starch saccharification, brewing, and in distilling industry glucoamylase is a widely used industrial enzyme. Glucoamylase can be derived from several sources such as animals, plants, and microorganisms. The main stream generation of glucoamylase is obtained by the process of liquid fermentation. Further, for the production of glucoamylase solid state fermentation method is also being tried.

 Global Glucoamylase Market: Segmentation

The market for glucoamylase is globally fragmented into product, source, and application.

On the basis of product, the market is bifurcated into solid state fermentation and liquid state fermentation.

Based on the source, the global market is segregated into animals, plants, and microorganisms.

Depending on the various applications of the glucoamylase, the market is divided into starch sugar, white spirit, alcohol, beer, and others.

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Global Glucoamylase Market: Growth Factors

The key factor that is driving the global glucoamylase market is the increasing demand of the glucoamylase owing to the health benefits that is provided. Glucoamylase helps in breaking down the starches into glucose so that they are absorbable and usable. The health benefits that are provided by the glucoamylase includes aid for issues related to the digestion and gastrointestinal, aid in bowel syndrome which is very irritating, helps in fast recovery of the digestive organs, and reduces the chances of food allergies. Researches and studies have made observations that when glucoamylase is used with the combination of other enzymes it results in low responses of autoimmunity and influences the immune system in a good way.

Glucoamylase Market : Report Scope

Global Glucoamylase Market: Regional Analysis

Geographical segmentation of the global glucoamylase market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. The region that dominates the glucoamylase market is North America. This region accounts to hold the largest share in global market and is anticipated that it will retain its dominance in the coming years. The country that has the largest market for the glucoamylase is the US. The region that is expected to report for the next largest market share in the global glucoamylase market is Europe. Increasing concerns about health and the growing consciousness about physical appearances has increased the demand for cosmetics which in turn has increased the demand for specialty enzymes in the recent years. The introduction of new drugs which can be used in the replacement therapy for enzymes is also a factor that increases the demand for glucoamylase.

Global Glucoamylase Market: Competitive Players

The key market players that are involved in the glucoamylase market include:

• Genencor
• DSM
• Verenium
• VTR
• YSSH
• Challenge Group
• Sunson
• Novozymes
• Amano Enzyme
• AB Enzyme
• Shandong Longda
• SunHY
• Jiangyin BSDZYME 
• Jinyuan.

The Global Glucoamylase Market is segmented as follows:

By Product 

• solid state fermentation
• liquid state fermentation

By Source 

• animals
• plants
• microorganisms 

By Application 

• starch sugar
• white spirit
• alcohol
• beer 
• others 

Glucoamylase Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.