The report offers detailed coverage of Dairy Enzymes industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Dairy Enzymes by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The cheese segment is estimated to account for the largest share of the global dairy enzymes market in 2019. Various microbes such as Aspergillus oryzae, Irpex, and Rhizomucor pusillus are extensively used for rennet production during the cheese making process. Most cheese producers expedite the curdling process with rennet, lactic acid, or plant-based enzymes from wild artichokes, fig leaves, safflowers, or melons. Other than plants and microbes, enzymes are also extracted from young ruminants.
Based on type, the microbial rennet segment is projected to grow at the highest CAGR from 2019 to 2022. Microbial rennet is considered vegetarian-friendly as the enzyme produced by the microorganism is not derived from animals. Moreover, microbial rennet is less expensive than animal rennet. These are the major factors driving the growth of the microbial rennet segment, worldwide.
The global Dairy Enzymes market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 7.6% between 2020 and 2025.
The report forecast global Dairy Enzymes market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Dairy Enzymes market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
CHR. Hansen
Dowdupont
DSM
Kerry Group
Novozymes
Advanced Enzymes Technologies
Amano Enzyme
Connell Bros.
Biocatalysts
SternEnzym
Enmex
Fytozimus Biotech
By the product type, the market is primarily split into
Lactase
Chymosin
Microbial rennet
Lipase
Others (proteases and catalases)
By the end users/application, this report covers the following segments
Milk
Cheese
Ice cream & desserts
Yogurt
Whey
Infant formula
Others (butter and edible cream products)
At the same time, we classify Dairy Enzymes according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Dairy Enzymes market for the forecast period 2020 - 2025?
• What are the driving forces in the Dairy Enzymes market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Dairy Enzymes industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?