Lactase Enzyme Market: Business Opportunities, Current Trends, Market Challenges in 2028
The global Lactase Enzyme size is expected to reach USD 357.1 Million in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing number of lactose-intolerant cases around the world, growing concerns regarding digestive issues due to the consumption of dairy products, and shifting consumer preference towards lactose-free dairy products. Increasing demand for lactase, which reduces lactose content in dairy products, is driving market revenue growth currently.
Health-conscious consumers are
demanding more affordable and nutritious dairy solutions to support healthier
lifestyles without compromising on taste and texture, which is resulting in
increasing utilization of lactase enzymes in dairy products. Increasing
consumption of high-quality, clean-tasting, sugar-reduced and lactose-free
dairy products is another key factor driving demand for lactase enzymes in food
& beverage industries. Increasing demand for lactase supplements among
consumers diagnosed with lactose intolerance is contributing to growing demand
for lactase enzymes.
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The report also discusses the key
players involved in the market such as HANSEN HOLDINGS A/S, Kerry
Group, Koninklijke DSM N.V., Novozymes, Merck KGaA, DuPont, Amano Enzyme,
Advanced Enzyme Technologies, Mitushi Biopharma, and Rajvi Enterprise as
well as new entrants in the market. It focuses on the recent mergers &
acquisitions, joint ventures, collaborations, partnerships, licensing agreements,
brand promotions, and product launches, among others. The report also provides
details about the company overview, business expansion plans, product
portfolio, manufacturing and production capacity, global market position,
financial status, and consumer base.
Key insights presented in the report:
Market revenue shares by major business
players, by type, by application, and market scope of global Lactase Enzyme
market
Sales revenue by key players and new entrants
Competitive analysis of key players, including
aspects such as company overview, product or services specification, vendors,
and buyers
Recent mergers, acquisitions, product
launches, recent investments, and joint ventures
Regional analysis to provide insight into
recent trends and opportunities
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Emergen Research
has segmented the global Lactase Enzyme market on the basis of form, source,
application, and region:
Form Outlook
(Revenue, USD Million; 2018–2028)
Liquid
Dry
Source Outlook
(Revenue, USD Million; 2018–2028)
Yeast
Fungi
Bacteria
Application
Outlook (Revenue, USD Million; 2018–2028)
Food &
beverage (Cheese, milk, ice-cream, yoghurt)
Dietary
supplements
Pharmaceutical
products
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Report Highlights:
The report conducts a comparative assessment
of the leading market players participating in the global Lactase Enzyme
Market.
The report marks the notable developments that
have recently taken place in the Lactase Enzyme Market industry
It details on the strategic initiatives
undertaken by the market competitors for business expansion.
It closely examines the micro- and
macro-economic growth indicators, as well as the essential elements of the Lactase
Enzyme Market value chain.
The repot further jots down the major growth
prospects for the emerging market players in the leading regions of the market.
Regional Analysis:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest
of Latin America)
Europe (U.K., Italy, Germany, France, Rest of
EU)
Asia Pacific (India, Japan, China, South
Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E.,
South Africa, Rest of MEA)
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