The report is updated with the impact of the COVID-19 pandemic on the Lactase market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Lactase market has been positive or negative.
The global lactase market size is expected to reach USD 357.1 Million in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing number of lactose-intolerant cases around the world, growing concerns regarding digestive issues due to the consumption of dairy products, and shifting consumer preference towards lactose-free dairy products. Increasing demand for lactase, which reduces lactose content in dairy products, is driving market revenue growth currently. Health-conscious consumers are demanding more affordable and nutritious dairy solutions to support healthier lifestyles without compromising on taste and texture, which is resulting in increasing utilization of lactase enzymes in dairy products. Increasing consumption of high-quality, clean-tasting, sugar-reduced and lactose-free dairy products is another key factor driving demand for lactase enzymes in food & beverage industries. Increasing demand for lactase supplements among consumers diagnosed with lactose intolerance is contributing to growing demand for lactase enzymes.
Emergen Research has recently published a detailed report on the global Lactase market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Lactase market through verified and validated data curated to offer accurate insights.
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The report further divides the Lactase market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Lactase market.
Lactase Market Segmentation:
Form Outlook (Revenue, USD Million; 2018–2028)
Liquid
Dry
Source Outlook (Revenue, USD Million; 2018–2028)
Yeast
Fungi
Bacteria
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The report also studies the key companies of the Lactase market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Lactase market include:
CHR. HANSEN HOLDINGS A/S, Kerry Group, Koninklijke DSM N.V., Novozymes, Merck KGaA, DuPont, Amano Enzyme, Advanced Enzyme Technologies, Mitushi Biopharma and Rajvi Enterprise
The Global Lactase Report is a panoramic study of the overall Lactase market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Lactase market. The report provides a detailed analysis of the key factors of the Lactase market that are expected to have a positive impact on the growth of the Lactase industry.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.
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