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Dairy Enzymes Market Growth Prospect, Future Trend, Comprehensive Analysis and Forecasts 2020 to 2027

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Sam K
Dairy Enzymes Market  Growth Prospect, Future Trend, Comprehensive Analysis and Forecasts 2020 to 2027

The global dairy enzymes market size is expected to reach USD 1,029.8 million by 2027 according to a new study by Polaris Market Research. The report “Dairy Enzymes Market Share, Size, Trends, Industry Analysis Report, By Product Class (Carbohydrases, Proteases, Polymerases & Nucleases, Lipases, Phytases and Other enzymes); By Source (Plant, Animal & Microorganism); By Application (Milk, Cheese, Ice Cream & Desserts, Yogurt, Whey, Infant Formula and Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Dairy enzymes refer to the enzymes that are added to milk for production of various dairy products such as cheese, yoghurt and other milk products. Dairy enzyme has several key functions including, acts as coagulants that are being deployed to make cheese as well as bioprotective enzymes that are used to improve safety and shelf life of dairy products.

Request for sample copy of this report @ https://www.polarismarketresearch.com/industry-analysis/dairy-enzymes-market/request-for-sample

Some of the key factors driving the market growth include, rising consumption of dairy products, increasing demand for lactose-free and low-lactose based dairy products and several environmental benefits related to enzymes. According to news published in economic times in May 2020, the consumption of dairy products has increased in India during the COVID-19 lockdown period driven by rising preference for highly nutritious and healthy vegetarian food. The Gujarat Cooperative Milk Marketing Federation (GCMMF) has reported approximately 20% to 25% higher sales of dairy products such as cheese, ghee and butter in April 2020 which is higher as compared to their average sales registered every month.

According to the International Farm Comparison Network (IFCN) April 2020 report, the dairy sector worldwide is expected to continue to flourish and presently serving more than 7 billion consumers. By 2040, the milk demand and supply would not remain in balance and thus, leading to a slight deficit in availability of milk to consumers, amounting to nearly 12 million tons. The deficit in availability of milk is expected to support the global milk price which is expected to increase while triggering further production of milk that would outbalance demand.

Market participants such as CHR. Hansen, Dow, DSM, Kerry Group, Novozymes, Advanced Enzymes Technologies, Amano Enzyme, Connell Bros., Biocatalysts, SternEnzym, Enmex, and Fytozimus Biotech are some of the key players operating in the global market.

Request for Discount on This Report @ https://www.polarismarketresearch.com/industry-analysis/dairy-enzymes-market/request-for-discount-pricing

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

Contact us

Polaris Market Research

Phone: 1-646-568-9980

Email: [email protected]

Web: www.polarismarketresearch.com

 


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