Lactase Market Worth to Outgrow by USD 282.03 MN By 2027
Posted On May 06, 2021
According to the research report by Value Market Research, the Global Lactase Market is likely to grow to USD 282.03 MN by 2027 with a CAGR of 7.5% during the year 2021-2027. The increased prevalence of lactase deficiency in adults worldwide and changing lifestyle practices are the main stimulating factors for the lactase market. Lactase playing a significant role in treating genetic abnormality will enhance the demand for this enzyme in the medical sector. Lactase supplements safe for use in children as young as four years of age will expand market growth. Commercially produced lactase used to process milk, making it suitable for people with lactose intolerance and used in the biological research community to study microorganisms will boost the market growth. The lack of awareness and lack of FDA approval for this enzyme will hurt market growth.
Lactase is an enzyme required by humans for the complete digestion of dairy products, especially the disaccharide lactose present in them. Lactase is available as a food supplement or is added to milk to produce "lactose-free" milk products. Generally, people who are deficient in lactase experience the symptoms of lactose intolerance, i.e., difficulty in consuming milk-based products. These supplements help prevent bloating, diarrhea, and gas due to lactose intolerance. Lactase is produced commercially from yeasts and molds.
"Global Lactase Market Report By Source (Fungi, Yeast, Bacteria), By Form (Powder, Liquid), By (Food & Beverages (Milk, Cheese, Yogurt, Others), Dietary Supplements, Pharmaceuticals) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" is an elaborate report providing market data on the basis of segments and geography.
On the basis of Source the market is segmented into Fungi, Yeast, Bacteria. By Form the lactase market is categorised as Powder, Liquid. By Application the lactase market is categorised as [Food & Beverages (Milk, Cheese, Yogurt, Others), Dietary Supplements, Pharmaceuticals. By geography the report is bifurcated into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Lactase is the dominating region. The data tables in this section depict the market estimate by market segment.
The Report Segments Global Lactase Market -
- Food & Beverages
- Dietary Supplements
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
Mitushi Biopharma, Infinita Biotech Pvt. Ltd., DuPont, Novact Corp., Creative Enzymes, ENMEX, Amano Enzyme Inc., Merck KGaA, DSM, Novozymes, Rajvi Enterprise, Aumgene Biosciences, Antozyme Biotech Pvt. Ltd., Biolaxi Corp., Nature BioScience Pvt. Ltd., Advanced Enzyme Technologies, Senson, Novozymes, DSM, Kerry Inc., and Chr. Hansen Holding A/S.
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