Dairy Enzymes Market Size, Share, Competitive Landscape, Trend Analysis, By Type, By Application 2024-2033
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 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.
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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.
Dairy Enzymes Market Segmental Analysis
Country Scope
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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1.
Which application is estimated to acquire a
major share in the dairy enzymes market?
2.
What is the volume of dairy enzymes market?
3.
What
is the market size and growth projection for each of the market segments and
sub-segments across Countries & Regions?
4.
What
is the Merger & Acquisition, New Product Launch, Recent Development within
each of the Markets?
5.
Which are the top countries in South America
Middle East and Africa for dairy enzymes market?
6.
Which are the top 3 companies in the dairy
enzymes market?
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