Global Lactase Market Report By Source (Fungi, Yeast, Bacteria), By Form (Powder, Liquid), By Application (Food & Beverages (Milk, Cheese, Yogurt, Others), Dietary Supplements, Pharmaceuticals) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214215
February 2021
Report Formats:
Global Lactase Market Overview
The key driver impacting the lactase market is the growing demand for lactose-free dairy products with rising lactose-intolerance cases globally. For instance, According to the NIH, in adults, lactose intolerance shows up most frequently in East Asian heritage people, affecting 70 to 100% of the population. Also, as per Encyclopaedia Britannica, the condition affects around 75 to 90% of native Americans, Asians, black people, Mediterranean, and Jewish people. About 5% of northern and central Europeans have lactose intolerance. Moreover, the increasing innovation and new product development in the application areas are estimated to be an important factor that positively impacts market growth. Whereas with regards to volume,the market was calculated XX Metric Tons in 2020 and foreseen to grow with a CAGR of XX% during 2021-2027.
According to Value Market Research, the global lactase market size was valued at around USD 170 million in 2020 and is anticipated to rise at a CAGR of about 7.5% during the forecast period of 2021 to 2027.

The growing application of lactase enzymes continues to witness widespread adoption across various application areas ranging from food & beverages to pharmaceuticals, thus estimated to augment lactase demand in the forecast period. however, the high processing cost and rising demand for plant-based dairy products, such as soy, almond, and coconut milk, may hamper the global lactase market in the long run. also, the shifting preferences toward dairy-free alternatives negatively impact market growth. the current industry trends, such as growing demand for lactase from direct consumers for preparing lactose-free products and increasing research & development and new sources of lactase extraction, are expected to provide market players with several market opportunities.

The lactase market is vast, with many local and global players. the key leaders follow various strategies to increase their market position, such as contracts, mergers, extended product portfolio, acquisitions, expansions, and product advancement to enhance their market share globally. The major company profiles included in the report are 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.

Global Lactase Market Share

In this research report, the lactase market is segmented by Source, form, application, and region.

Analysis by Source:
By Source, the report is categorized into fungi, yeast, and bacteria. Yeast type dominates the type segment with over 44% share in 2020. Yeast-based lactase is majorly used in manufacturing various food & beverage and dietary supplement products as yeast is recognized under Generally Recognized as Safe (GRAS) chemical or substance by the U.S. Food and Drug Administration (FDA). Moreover, the rising availability of lactose-free products, such as milk powder, ice-cream, and spreads & butter, contributes to the high demand for yeast as a source in the forecast period.

Analysis by Form:
By form, the report is categorized into liquid and powder. Powder lactase dominates the form segment with over 60% share in 2020. The lactase powder refers to a non-toxic biological enzyme, and it fulfills the Joint FAO/WHO Expert Committee on Food Additives (JECFA) and Food Chemical Codex (FCC) specifications for food-grade substances. Moreover, a considerable population consuming a typical western diet undergoes digestive problems, thus making indigestion of food one of the critical health concerns contributing to the high demand for powder from lactase enzyme in the forecast period.

Analysis by Application:
 By application, the report is categorized into food & beverages, dietary supplements, and pharmaceuticals. The food & beverages segment dominates the application segment with over 60% share in 2020. It is due to the mounting awareness regarding health and increasing incidences of lactase non-persistence. Moreover, the rising consumption of high-quality foods delivering natural flavor and taste drives the market demand from the food and beverage industry  in the forecast period. 

Analysis by Region:
 In the regional outlook of the global lactase market, the Europe region dominates with a 45% market share during the forecast period.  The increasing demand for dairy enzymes is high in Europe due to the presence of a developed food & beverage processing industry, and technological advances in manufacturing are the critical factors driving regional growth. Moreover, favorable outlook towards health & nutrition, presence of key manufacturers, such as DSM and Chr. Hansen Holding A/S, athe and the rising health consciousness among the residents of the region contributes to the development of the lactase market in Europe.

Market Segmentation covered in the Report:
By Source
  • Fungi
  • Yeast
  • Bacteria
By Form
  • Powder
  • Liquid
By Application
  • Food & Beverages
    • Milk
    • Cheese
    • Yogurt
    • Others
  • Dietary Supplements
  • Pharmaceuticals
By Region
  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . LACTASE – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Source
           3.7.2 By Form
           3.7.3 By Application
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL LACTASE MARKET ANALYSIS BY SOURCE
       6.1 Overview by Source
       6.2 Historical and Forecast Data
       6.3 Analysis by Source
       6.4 Fungi Market by Regions
       6.6 Yeast Market by Regions
       6.5 Bacteria Market by Regions
 
7 . GLOBAL LACTASE MARKET ANALYSIS BY FORM
       7.1 Overview by Form
       7.2 Historical and Forecast Data
       7.3 Analysis by Form
       7.4 Powder Market by Regions
       7.5 Liquid Market by Regions
 
8 . GLOBAL LACTASE MARKET ANALYSIS BY APPLICATION
       8.1 Overview by Application
       8.2 Historical and Forecast Data
       8.3 Analysis by Application
       8.4 Food & Beverages Market by Regions
       8.5 Dietary Supplements Market by Regions
       8.6 Pharmaceuticals Market by Regions
 
9 . GLOBAL LACTASE MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE LACTASE COMPANIES
       10.1. Lactase Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF LACTASE INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Mitushi Biopharma
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Infinita Biotech Pvt. Ltd.
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. DuPont
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Novact Corp.
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Creative Enzymes
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. ENMEX
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Amano Enzyme Inc.
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Merck KGaA
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. DSM
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Novozymes
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. Rajvi Enterprise
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
       11.14. Aumgene Biosciences
           11.14.1. Company Overview
           11.14.2. Financials
           11.14.3. Products
           11.14.4. Recent Developments
       11.15. Antozyme Biotech Pvt. Ltd.
           11.15.1. Company Overview
           11.15.2. Financials
           11.15.3. Products
           11.15.4. Recent Developments
       11.16. Biolaxi Corp.
           11.16.1. Company Overview
           11.16.2. Financials
           11.16.3. Products
           11.16.4. Recent Developments
       11.17. Nature BioScience Pvt. Ltd.
           11.17.1. Company Overview
           11.17.2. Financials
           11.17.3. Products
           11.17.4. Recent Developments
       11.18. Advanced Enzyme Technologies
           11.18.1. Company Overview
           11.18.2. Financials
           11.18.3. Products
           11.18.4. Recent Developments
       11.19. Senson
           11.19.1. Company Overview
           11.19.2. Financials
           11.19.3. Products
           11.19.4. Recent Developments
       11.20. Novozymes
           11.20.1. Company Overview
           11.20.2. Financials
           11.20.3. Products
           11.20.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Source (Kilo Ton and USD MN)
  •  Fungi Market by Geography (Kilo Ton and USD MN)
  •  Yeast Market by Geography (Kilo Ton and USD MN)
  •  Bacteria Market by Geography (Kilo Ton and USD MN)
  •  Analysis Market by Form (Kilo Ton and USD MN)
  •  Powder Market by Geography (Kilo Ton and USD MN)
  •  Liquid Market by Geography (Kilo Ton and USD MN)
  •  Analysis by Application (Kilo Ton and USD MN)
  •  Food & Beverages Market by Geography (Kilo Ton and USD MN)
  •  Dietary Supplements Market by Geography (Kilo Ton and USD MN)
  •  Pharmaceuticals Market by Geography (Kilo Ton and USD MN)
  •  Global Lactase Market by Geography (Kilo Ton and USD MN)
  •  North America Market Analysis (Kilo Ton and USD MN)
  •  United State Market Analysis (Kilo Ton and USD MN)
  •  Canada Market Analysis (Kilo Ton and USD MN)
  •  Mexico Market Analysis (Kilo Ton and USD MN)
  •  Europe Market Analysis (Kilo Ton and USD MN)
  •  Europe Market Estimate by Country (Kilo Ton and USD MN)
  •  United Kingdom Market Analysis (Kilo Ton and USD MN)
  •  France Market Analysis (Kilo Ton and USD MN)
  •  Germany Market Analysis (Kilo Ton and USD MN)
  •  Italy Market Analysis (Kilo Ton and USD MN)
  •  Russia Market Analysis (Kilo Ton and USD MN)
  •  Spain Market Analysis (Kilo Ton and USD MN)
  •  Rest of Europe Market Analysis (Kilo Ton and USD MN)
  •  Asia Pacific Market Analysis (Kilo Ton and USD MN)
  •  China Market Analysis (Kilo Ton and USD MN)
  •  Japan Market Analysis (Kilo Ton and USD MN)
  •  India Market Analysis (Kilo Ton and USD MN)
  •  South Korea Market Analysis (Kilo Ton and USD MN)
  •  Australia Market Analysis (Kilo Ton and USD MN)
  •  Rest of Asia Pacific Market Analysis (Kilo Ton and USD MN)
  •  Latin America Market Analysis (Kilo Ton and USD MN)
  •  Brazil Market Analysis (Kilo Ton and USD MN)
  •  Argentina Market Analysis (Kilo Ton and USD MN)
  •  Peru Market Analysis (Kilo Ton and USD MN)
  •  Chile Market Analysis (Kilo Ton and USD MN)
  •  Rest of Latin America Market Analysis (Kilo Ton and USD MN)
  •  Middle East & Africa Market Analysis (Kilo Ton and USD MN)
  •  Saudi Arabia Market Analysis (Kilo Ton and USD MN)
  •  UAE Market Analysis (Kilo Ton and USD MN)
  •  Israel Market Analysis (Kilo Ton and USD MN)
  •  South Africa Market Analysis (Kilo Ton and USD MN)
  •  Rest of Middle East and Africa Market Analysis (Kilo Ton and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Lactase Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Lactase Market Size, by Region (Kilo Ton and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Source
  •  Market Attractiveness Analysis by Form
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Source (Kilo Ton and USD MN)
  •  Fungi Market by Geography (Kilo Ton and USD MN)
  •  Yeast Market by Geography (Kilo Ton and USD MN)
  •  Bacteria Market by Geography (Kilo Ton and USD MN)
  •  Global Market Analysis by Form (Kilo Ton and USD MN)
  •  Powder Market by Geography (Kilo Ton and USD MN)
  •  Liquid Market by Geography (Kilo Ton and USD MN)
  •  Global Market Analysis by Application (Kilo Ton and USD MN)
  •  Food & Beverages Market by Geography (Kilo Ton and USD MN)
  •  Dietary Supplements Market by Geography (Kilo Ton and USD MN)
  •  Pharmaceuticals Market by Geography (Kilo Ton and USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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