The Collaborative International Dictionary of English v.0.48:

Zymolysis \Zy*mol"y*sis\, n. [NL. See Zyme, and Lysis.]
   (Physiol. Chem.)
   The action of enzymes, such as digestion or fermentation;
   also, the changes produced by such action. -- Zy`mo*lyt"ic,
   a.
   [Webster 1913 Suppl. +PJC]

WordNet (r) 3.0 (2006):

zymolysis
    n 1: a process in which an agent causes an organic substance to
         break down into simpler substances; especially, the
         anaerobic breakdown of sugar into alcohol [syn: zymosis,
         zymolysis, fermentation, fermenting, ferment]