The global lactase market 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 competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Lactase market.
Key Players operating in the industry are:
HANSEN HOLDINGS A/S, Kerry Group, Koninklijke DSM N.V., Novozymes, Merck KGaA, DuPont, Amano Enzyme, Advanced Enzyme Technologies, Mitushi Biopharma, and Rajvi Enterprise.
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Lactase 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 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
Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
The report further analyses the key factors that influence the growth of the top players of the market and their market share and global position. The report also covers market share, production value, gross margin analysis, import and export ratio, consumption and production patterns, SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis. Furthermore, detailed regional segmentation is offered to understand the operations of the key market players, market segments, and overall market scenario.
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