According to a research survey conducted by ChemView Consulting, in 2022, the Global Lactase Market was worth US$ 731.9 Mn and is expected to grow at a CAGR of 3.8% over the forecast period. The market is expected to hit US$ 986.4 Mn by 2030 end.

The marketplace withinside the U.S. is projected to showcase excessive boom resulting from developing customer call for for dairy-unfastened merchandise, that is propelled through the growing occurrence of meals intolerance and allergies. In addition, heavy investments through fundamental companies, along with DuPont Nutrition & Health and Amano Enzyme USA Co., Ltd., to introduce new lactase enzymes for the improvement of cream spreads, milk-primarily based totally ice creams, and different lactose-unfastened merchandise are envisioned to spur the marketplace boom withinside the country. As in step with the thing posted through Intermountain Healthcare in 2017, over 65% of the human populace suffers from lactase deficiency, a circumstance that happens evidently withinside the intestinal tract of adults and children. People which have lactase deficiency are not able to take in lactose gift withinside the milk and be afflicted by diarrhea, bloating, or flatulence. This issue is possibly to bring about a upward thrust withinside the intake of lactase-primarily based totally dietary supplements to keep away from gastrointestinal problems. Lactase converts the sugar discovered in dairy merchandise to easily digestible sugars, along with galactose and glucose. Therefore, growing customer recognition approximately ordinary fitness and wellbeing is projected to spur the intake of lactase-primarily based totally milk and milk merchandise, thereby boosting the marketplace boom. However, growing call for for plant-primarily based totally dairy merchandise, along with soy, almond, and coconut milk, is possibly to restrict the boom of the lactase marketplace over the following few years. Moreover, resulting from the absence of ldl cholesterol and lactose in merchandise, along with nut butter, nut cream & cheese, and vegan yogurt, the call for for those merchandise at the side of the growing vegan populace is projected to witness enormous boom.

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A list of some of the critical suppliers present in the market are:

  • Hansen Holding A/S
  • Kerry Inc.
  • Koninklijke DSM N.V.
  • Novozymes
  • Merck KGaA (Sigma-Aldrich)
  • DuPont
  • Senson
  • Amano Enzyme Inc.
  • Advanced Enzyme Technologies
  • Enmex (Mexico)
  • Antozyme Biotech Pvt. Ltd.
  • Nature BioScience Pvt. L.T.D.
  • Aumgene Biosciences
  • Creative Enzymes
  • Biolaxi Corporation
  • Novact Corporation
  • Enzyme Bioscience
  • Infinita Biotech Private Limited
  • Rajvi Enterprise
  • Mitushi BioPharma

Market Segments Covered in Report

By Source:

  • Fungi
  • Yeast
  • Bacteria

By Type:

  • Fungal
  • Neutral

By Form:

  • Dry
  • Liquid

By Application:

  • Food & beverage
  • Milk
  • Cheese
  • Yogurt
  • Ice-cream
  • Others
  • Pharmaceutical products & dietary supplements

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Global Lactase Market 2022-2030: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

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