The Dairy Enzymes Market is expected to grow at a compound annual growth rate (CAGR) of 7.2% from its estimated value of USD 659.12 million in 2023 to USD 1,234.83 million by 2033.
The demand for dairy products free of lactose has increased significantly due to the rising prevalence of lactose intolerance among consumers. New lactase enzymes that can break down lactose and make it easier for individuals to digest have been developed as a result, opening the door for the dairy enzyme market to expand.
In the upcoming years, it is anticipated that the market will be constrained by respiratory problems associated with dairy product allergies. Lactase is known to have negative effects on people with diabetes because it breaks down into simple sugars, which can raise blood glucose levels. Additionally, an allergic reaction to lactase exposure may occur, which is expected to hinder the demand for dairy enzymes throughout the projected period.
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The market is expected to record a volume of consumption of 12,305 tons in 2023 and is projected to reach a volume of 24,558 by 2033, with a compound annual growth rate (CAGR) of 8.0% from 2023 to 2033.
The industry that produces and distributes the enzymes needed to process dairy products like milk, cheese, yogurt, and ice cream is known as the dairy enzymes industry. These enzymes help to make dairy products easier to produce, better-tasting, and longer-lasting on the shelf.
Dairy Enzymes Market Segmental Analysis
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
By Type
Lactase
Chymosin
Microbial rennet
Lipase
Others
By Source
Plant
Animal
Microorganism
By Application
Cheese
Yogurt
Milk
Whey
Ice Cream & Desserts
Infant Formula
Others
Dairy Enzymes Market Competitive Outlook
CHR Hansen, Dowdupont, DSM, Kerry Group, Novozymes, Advanced Enzymes Technologies, Amano Enzyme, Connell Bros, Biocatalysts, SternEnzym, Lallemand Inc, Lesaffre et Compagnie, Jiangsu Boli Bioproducts Co., Ltd, Sacco S.r.l., Bioseutica B.V, Others
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Frequently Asked Questions
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Our Top-Rated Trending Articles:
The latest market study published by FMI on the dairy enzyme market provides readers with a global industry analysis for historical data between 2015 and 2019 & forecast statistics for 2020-2030.
With exhaustive research on the historical, and current growth parameters of the dairy enzymes market, the prospects of the market are complied with precision.Market TaxonomyThe global dairy enzyme market is segmented in detail to cover all aspects of the market, through comprehensive market intelligence to readers.SourceAnimal and MicroorganismPlantTypeChymosinMicrobial RennetLactaseLipaseOthersApplicationMilkCheeseIce Cream & DessertsYogurtWheyInfant FormulaOthersDistribution ChannelE-CommerceSpecialty RetailersSupermarket/HypermarketOthersRegionNorth AmericaLatin AmericaEuropeSouth AsiaEast AsiaOceaniaMiddle East & AfricaDownload Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-12775Report ChaptersChapter 01 – Executive SummaryThe market study begins with the executive summary of the dairy enzyme market, which includes a summary of important findings and statistics of the industry.
It also covers information on dominant segments in the global dairy enzyme market, along with key facts about the sector.
It also provides a graphical representation of the segments on the basis of market size and growth rate.Chapter 02 – Market OverviewReaders can find in-depth taxonomy and definition of the dairy enzyme market in this section, which aids in the comprehension of basic information on dairy enzymes used in the market.
This chapter also highlights key market dynamics of the dairy enzyme market, which covers drivers, restraints, opportunities, and trends.
This section also includes value chain analysis.
"Trending News:Dairy Enzymes Market Report is Booming Globally by Top Leading Players"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 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.
Various dairy enzymes such as lipases, proteases, catalase, and lactase have a variety of dairy applications.
Several kinds of proteases are being deployed to accelerate the ripening of cheese and for the alteration of milk proteins in order to minimize the allergenic characteristics of cow milk-based products primarily developed for infants.
GET SAMPLE PDF : 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.
