Lactase Market Analysis Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 2027

Comments · 43 Views

Lactase Market Analysis Research Report by Source (Yeast, Fungi, Bacteria), By Application (Milk, Yogurt, Ice Cream, Cheese, Dietary Supplements, Others) and By Region – Forecast to 2027

Growth Opportunities in the Market

RD on the various sources of lactase extraction: Yeast is the major source of lactase extraction, and the majority of the manufacturers offer yeast-derived lactase. However, there is continuous research development regarding other sources of lactase enzymes such as bacteria and fungi. Increasing evidences prove that plant-based lactase offers digestive health as much as animal-based lactase enzymes. Thus, increasing investment in RD activities on the various sources of lactase enzyme creates an opportunistic market for the manufacturers to grow and expand.

Rising demand for lactose-free dairy products among the population: With the increasing number of people suffering from lactose-intolerance, the market for lactose-free dairy products is growing tremendously. This is creating great opportunities for the lactase enzyme manufacturers. There is increasing consumption of lactose-free yogurt and ice-cream. Yogurt is a popular dairy product with various health benefits, and the demand for the same is rising across the globe. This is expected to increase the application of lactase in yogurts at a significant rate during the review period.

Market Forecast

Global Lactase Market Analysis size is expected to be valued at USD 321.9 Million by 2027 at a CAGR of 6.7% between 2020 and 2027. The global Lactase Market Analysis has witnessed high growth in recent years with an increasing lactose-intolerant population. Lactose intolerance means the inability to digest a milk sugar component known as lactose, which causes several gastrointestinal symptoms such as flatulence, bloating, cramps, and diarrhea in some individuals. This results from a shortage of lactase enzymes, which break down lactose into simpler forms, glucose and galactose. Thus, dairy products manufacturers include lactase in the product, which predigests the sugar into glucose and galactose, making it easier for the consumers to digest. Rising awareness of lactose-free products leading to increased production of the products will result in increased growth of the Lactase Market Analysis in the coming years. Also, a rising inclination towards supplements among the lactose-intolerant population boosts the growth of the Lactase Market Analysis. Thus, the lactase suppliers are highly investing in product launches. For instance, in March 2020, Novozymes launched Saphera Fiber, a new lactase enzyme, to increase the content of fibers while also reducing sugar in fermented and non-fermented dairy products.

Access Report Details @ https://www.marketresearchfuture.com/reports/lactase-market-10401

Key Players

  • Hansen Holding A/S (Denmark)
  • Kerry Inc. (Ireland)
  • Koninklijke DSM N.V. (Netherlands)
  • Novozymes (Denmark)
  • Merck KGaA (Sigma-Aldrich) (Germany)
  • DuPont (US)
  • Senson (Finland)
  • Amano Enzyme Inc. (Japan)
  • Advanced Enzyme Technologies (India)
  • Enmex (Mexico)
  • Nature BioScience Pvt. Ltd (India)
  • Aumgene Biosciences (India)
  • Creative Enzymes (US)
  • Biolaxi Corporation (India)
  • Novact Corporation (US)

Table Of Contents

  1. EXECUTIVE SUMMARY
  2. MARKET INTRODUCTION

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Research Objectives

2.2.2. Assumptions Limitations

2.3. Market Structure

  1. MARKET RESEARCH METHODOLOGY

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

  1. MARKET LANDSCAPE

4.1. Supply Chain Analysis

4.1.1. Raw Material Suppliers

4.1.2. Manufacturers/Producers

4.1.3. Distributors/Retailers/Wholesalers/E-Commerce

4.1.4. Sources

4.2. Porter’s Five Forces Analysis

4.2.1. Threat Of New Entrants

4.2.2. Bargaining Power Of Buyers

4.2.3. Bargaining Power Of Suppliers

4.2.4. Threat Of Substitutes

4.2.5. Rivalry

Continue….

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited), 

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Comments
DO YOU KNOW YOU CAN EARN POINTS TO GET DISCOUNTS AND MONEY VALUES BY JOINING US AT WHITESPACE?