Lactase Market Scope
The changing lifestyles across the globe have been severely affecting the food habits and health of people. The number of lactose-intolerant people in several regions across the globe is also increasing. This can also be attributed to the growing geriatric population across the globe. According to a few studies, there are 10-20% of people are lactose intolerant in the US alone. Some ethnicities harbor this problem in higher percentages. Lactose supplements are prescribed for said individuals, or lactose is added to the dairy product to break down lactose before consumption. Due to these disorders, there is the avoidance of the intake of dairy products. In the long term, the avoidance of said products can lead to problems like osteoporosis.
The market study is being classified by Type (Neutral Lactase and Acid Lactase), by Application (Food & beverage [Milk, Cheese, Yogurt, Ice-cream, Others] and Pharmaceutical products & dietary supplements) and major geographies with country level break-up.
Research Analyst at AMA predicts that Asian Vendors will contribute to the maximum growth of Global Lactase market throughout the predicted period.
Chr. Hansen Holding A/S (Denmark), Kerry Inc. (Ireland), Koninklijke DSM N.V. (Netherlands), Novozymes (Denmark), Merck KGaA (Sigma-Aldrich) (Germany), DuPont (United States), Senson (Finland), Amano Enzyme Inc. (Japan), Advanced Enzyme Technologies (India) and Enmex (Mexico) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Antozyme Biotech Pvt. Ltd. (India), Nature BioScience Pvt. L.T.D. (India), Aumgene Biosciences (India), Creative Enzymes (United States), Biolaxi Corporation (India), Novact Corporation (United States), Enzyme Bioscience (India), Infinita Biotech Private Limited (India), Rajvi Enterprise (India) and Mitushi BioPharma (India).
AdvanceMarketAnalytics has segmented the market of Global Lactase market by Type, Application and Region.
On the basis of geography, the market of Lactase has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
- Rising cases of lactose intolerance and growing demand from lactose-free dairy product manufacturers
- Rising innovations and new product developments in the application market to drive the demand for lactase enzyme
- Increase demand for lactase from direct consumers for preparing lactose-free products
- Research & development and new sources of lactase extraction
- Shifting preferences toward dairy-free alternatives
- High processing cost and lack of technical expertise for lactase extraction
Key Target AudienceGovernment and research organizations, Raw material suppliers, End users and Others
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