Lactase Enzyme Market
Lactase Enzyme Market By Product Type (Fungal Lactase Enzymes, Neutral Lactase Enzymes), By Form (Liquid, Dry), By End Use (Dietary Supplements, Food & Beverages, Pharmaceuticals), And Region- Global Market Insights 2023 to 2033
Analysis of Lactase Enzyme Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Lactase Enzyme Market Outlook (2023 to 2033)
The global lactase enzyme market is estimated to exhibit expansion at 4% CAGR from 2023 to 2033. Worldwide sales of lactase enzymes are projected to increase from a market valuation of US$ 742 million in 2023 and reach US$ 1.1 billion by the end of 2033.
The incidence of lactose intolerance has increased exponentially in recent years and this is anticipated to be the primary factor augmenting lactase enzyme consumption over the coming years. The aforementioned factor has also resulted in the high demand for lactose enzyme supplements in the form of lactase capsules, lactase tablets, and lactose intolerance pills.
Changing consumer food preferences, increasing consumer awareness for nutrition, rising geriatric population, high demand for easy-digestible foods, and increasing demand for lactose-free products are other factors that are forecasted to augment lactase enzyme demand over the decade. Rising number of people opting for vegan, plant-based, and cruelty-free products is expected to create highly lucrative new opportunities for established as well as new companies in the global marketplace over the next ten years.
Consumption of lactase enzymes in the Asia Pacific region is anticipated to witness a bright outlook throughout the forecast period and this can be ascribed to the growing availability of lactose-free products, increasing awareness of lactose intolerance, rising focus on health, and growing aging population. China, India, and Japan are forecasted to be the prime markets in this region through 2033.
Nearly 85% of the population in China is estimated to be lactose intolerant and this makes it a highly opportune market for lactase enzyme suppliers and vendors. High demand for lactose-free products is projected to boost lactase enzyme sales at 4.4% CAGR from 2023 to 2033 in China. Europe and North America are also expected to provide highly attractive growth opportunities in the future owing to the rising demand for vegan and plant-based food products,
Demand for lactase enzymes in the food and beverages industry accounted for 46% of the global market share in 2022 and is estimated to maintain a dominant stance across the forecast period till 2033. Increasing focus on food and beverage manufacturers to provide plant-based and vegan food alternatives is expected to be a significant trend influencing the market development in the future.
Fungal lactase enzymes are projected to witness massive demand over the next ten years owing to their proven efficacy in reducing bloating, flatulence, and other digestive issues. Sales of fungal lactase enzymes accounted for a major 78% share of the global market in 2022.
A detailed segmental and regional analysis has been discussed in this revised lactase enzyme industry survey by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
| Report Attributes | Details |
|---|---|
| Lactase Enzyme Market Size (2023) | US$ 742 Million |
| Projected Market Value (2033F) | US$ 1.1 Billion |
| Global Market Growth Rate (2023 to 2033) | 4% CAGR |
| Food and Beverages Segment Market Share (2022) | ~45% |
| Canada Market Growth Rate (2023 to 2033) | 4.8% CAGR |
| Fungal Lactase Enzymes Segment Market Share (2022) | 78% |
| Liquid Lactase Enzymes Segment Market Growth Rate (2023 to 2033) | 3.8% CAGR |
| Key Companies Profiled | Symrise AG; DSM Chemicals; Chr. Hansen Holding A/S; Biolaxi Corp.; Novact Corp.; Advanced Enzyme Technologies Limited; DuPont de Nemours and Company; Merck KGaA (Sigma-Aldrich); Natural Factors Nutritional Products Ltd.; Mitushi Biopharma; Novozymes A/S; Sternenzyme; Infinita Biotech Pvt. Ltd.; Calza Clemente; Senson; Nature BioScience Pvt. Ltd.; Aumgene Biosciences |
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How Can New Lactase Enzyme Companies Make a Mark in This Space?
“Lactase Enzyme Manufacturing Start-ups Should Focus on Product Innovation”
New entrants in the market are expected to explore the application scope of lactase enzymes by using them in different products and creating products that are uncommon in the global landscape.
- Painterland Sisters, a start-up provider of organic yogurt is using organic lactase enzymes that help in breaking down lactose for even dairy-sensitive people. The skyr yogurt is an Icelandic-style yogurt free of lactose and high in protein and probiotics.
- In August 2022, Kiwi Biosciences, a biotech start-up announced the launch of its new patent-pending enzyme supplement FODZYME. The formula for this supplement consists of lactase enzymes, fructan hydrolase, and galacto-oligosaccharides to process problematic FODMAPs, which are foods that are hard to digest for some people.
Incoming market players are expected to target the increasing demand for lactose-free products from the vegan population to create a space for themselves in the marketplace. New companies could also benefit from rising awareness of lactose intolerance and supportive government initiatives to promote better eating.
Country-wise Insights
Is Investing in the United States a Smart Move for Lactase Enzyme Suppliers?
“Rising Awareness about Lactose Intolerance to Open Up New Avenues”
The United States has been witnessing a notable increase in the incidence of lactose intolerance and this is predicted to be a prominent factor influencing lactase enzyme demand in the country. Changing dietary preferences, a growing vegan population, high demand for plant-based products, and rising obesity among people are other aspects that are anticipated to shape lactase enzyme consumption in the country going forward.
- As per the statistics listed on ProCon.org, 36% of people living in the United States were affected by lactose intolerance and this Fact.MR study estimates that this number will increase by the end of 2033.
Lactase pills and lactase enzyme supplements are prominent products that are slated to witness a hike in sales potential over the coming years. In 2022, sales of lactase enzymes in the U.S. accounted for a whopping 89% share of the North American market and are projected to rise at a 3.5% CAGR over the next ten years.
Why Will Japan Account for High Lactase Enzyme Supplement Sales?
“Growing Senescent Population to Promulgate Lactase Enzyme Demand”
The aging population in Japan is anticipated to continue growing at a notable pace over the coming years as well and this is a key factor that is expected to shape the demand outlook for lactase enzymes in the country through 2033. Around 30% of the Japanese population is estimated to be above the age of 65 and they tend to veer toward the consumption of healthy and easy-to-digest foods, which in turn is slated to drive demand for lactase enzyme supplements.
Other factors such as the adoption of sustainable lifestyles, growing consumption of organic foods, and increasing availability of lactose-free products are anticipated to guide lactase enzyme sales in the country over the next ten years. The market in Japan is estimated to progress at around 6% CAGR through 2033 and currently accounts for nearly 5.5% share in the Asia Pacific region.
What Attracts Lactase Enzyme Manufacturers to Germany?
“Leaps in Innovation of Lactase Enzyme Production”
Increasing investments in research and development to expand the application scope of lactase enzymes is a prime factor that is creating lucrative business scope for lactase enzyme suppliers in Germany. Lactase enzyme manufacturers in the country are developing new products that have minimal side effects on the health of an individual and have a better nutritional profile than the currently available lactase enzyme supplements.
Rising lactose intolerance among the population, increasing senescent population, the growing availability of lactose-free products, changing dietary preferences, and rising adoption of vegan and plant-based diets are other factors that are expected to influence demand for lactase enzymes in Germany throughout the forecast period.
In 2022, Germany accounted for nearly 16% of all lactase enzyme sales in the European region, and the market is slated to exhibit evolution at 2.3% CAGR from 2023 to 2033.
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Category-wise Insights
Which Form of Lactase Enzyme is Largely Preferred?
“Liquid Lactase Enzymes to Witness Higher Demand”
Based on form, the market for lactase enzyme is segmented into dry and liquid. Rising awareness about the benefits of liquid lactase enzyme consumption is anticipated to be a prime factor driving demand outlook over the coming years. Sales of liquid lactase enzymes are forecasted to increase at 3.8% CAGR throughout the forecast period.
Liquid lactase enzymes can be used for adults as well as kids and this makes it a favorite choice among lactose-free product manufacturers. Growing demand for different types of plant-based and vegan products is also anticipated to favor lactase enzyme shipments through 2033.
Competitive Landscape
Lactase enzyme companies are investing in the expansion of their research and development scope to increase the scope of application as many manufacturers are incorporating lactase enzymes in their product portfolio.
- In June 2022, Provilac, a milk delivery firm in India announced the launch of its lactose-free cow milk offering. The company aims to expand its offerings and increase its market share in India by 10 to 20 percent over the coming years.
- In August 2021, Good Culture, a cultured foods brand based in the United States announced the launch of its new line of lactose-free products. The product range includes lactose-free cottage cheese and lactose-free sour cream containing lactase enzymes.
- In March 2020, Novozymes, a leading name in the global lactase enzyme industry landscape announced the launch of Saphera Fiber. The newly launched product was a lactase enzyme capable of reducing sugar content in dairy products while increasing fiber.
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Competitive landscape highlights only certain players
Complete list available upon request
Key Segments Covered in Lactase Enzyme Industry Research
-
By Product Type:
- Fungal Lactase Enzymes
- Neutral Lactase Enzymes
-
By Form:
- Dry
- Liquid
-
By End Use:
- Food & Beverages
- Dietary Supplements
- Pharmaceuticals
-
By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Policy Developments and Regulatory Scenario
- 5. Value Chain Analysis
- 6. Global Market - Pricing Analysis
- 7. Global Market Analysis and Forecast, 2018 to 2033
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
- 8.1. Fungal
- 8.2. Neutral
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Application
- 9.1. Dietary Supplements
- 9.2. Food & Beverage
- 9.2.1. Dairy Products
- 9.2.2. Infant Formula
- 9.3. Pharmaceutical
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
- 10.1. Liquid
- 10.2. Dry
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. Asia Pacific
- 11.5. Middle East and Africa
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Amano Enzyme Inc.
- 18.2. Symrise AG
- 18.3. Chr. Hansen Holding A/S
- 18.4. Advanced Enzyme Technologies Limited
- 18.5. DuPont de Nemours and Company
- 18.6. DSM Chemicals
- 18.7. Novozymes A/S
- 18.8. Merck KGaA (Sigma-Aldrich)
- 18.9. Sternenzyme
- 18.10. Calza Clemente
- 18.11. Senson
- 18.12. Nature BioScience Pvt. Ltd.
- 18.13. Biolaxi Corp.
- 18.14. Novact Corp
- 18.15. Aumgene Biosciences
- 18.16. Infinita Biotech Pvt. Ltd.
- 18.17. Mitushi Biopharma
- 18.18. Specialty Enzymes & Biotechnologies
- 19. Assumptions and Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) and Forecast by Region, 2018 to 2022
Table 2: Global Market Value (US$ Mn) and Forecast by Region, 2023 to 2033
Table 3: Global Market Volume (Kg) and Forecast by Region, 2018 to 2022
Table 4: Global Market Volume (Kg) and Forecast by Region, 2023 to 2033
Table 5: Global Market Value (US$ Mn) and Forecast by Product Type, 2018 to 2022
Table 6: Global Market Value (US$ Mn) and Forecast by Product Type, 2023 to 2033
Table 7: Global Market Volume (Kg) and Forecast by Product Type, 2018 to 2022
Table 8: Global Market Volume (Kg) and Forecast by Product Type, 2023 to 2033
Table 9: Global Market Value (US$ Mn) and Forecast by Form, 2018 to 2022
Table 10: Global Market Value (US$ Mn) and Forecast by Form, 2023 to 2033
Table 11: Global Market Volume (Kg) and Forecast by Form, 2018 to 2022
Table 12: Global Market Volume (Kg) and Forecast by Form ,2023 to 2033
Table 13: Global Market Value (US$ Mn) and Forecast by End Use Application, 2018 to 2022
Table 14: Global Market Value (US$ Mn) and Forecast by End Use Application,2023 to 2033
Table 15: Global Market Volume (Kg) and Forecast by End Use Application, 2018 to 2022
Table 16: Global Market Volume (Kg) and Forecast by End Use Application,2023 to 2033
Table 17: North America Market Value (US$ Mn) and Forecast by Country, 2018 to 2022
Table 18: North America Market Value (US$ Mn) and Forecast by Country,2023 to 2033
Table 19: North America Market Volume (Kg) and Forecast by Country, 2018 to 2022
Table 20: North America Market Volume (Kg) and Forecast by Country,2023 to 2033
Table 21: North America Market Value (US$ Mn) and Forecast by Product Type, 2018 to 2022
Table 22: North America Market Value (US$ Mn) and Forecast by Product Type ,2023 to 2033
Table 23: North America Market Volume (Kg) and Forecast by Product Type, 2018 to 2022
Table 24: North America Market Value (US$ Mn) and Forecast by Form, 2018 to 2022
Table 25: North America Market Value (US$ Mn) and Forecast by Form ,2023 to 2033
Table 26: North America Market Volume (Kg) and Forecast by Form, 2018 to 2022
Table 27: North America Market Volume (Kg) and Forecast by Form ,2023 to 2033
Table 28: North America Market Value (US$ Mn) and Forecast by End Use Application, 2018 to 2022
Table 29: North America Market Value (US$ Mn) and Forecast by End Use Application,2023 to 2033
Table 30: North America Market Volume (Kg) and Forecast by End Use Application, 2018 to 2022
Table 31: North America Market Volume (Kg) and Forecast by End Use Application,2023 to 2033
Table 32: Latin America Market Value (US$ Mn) and Forecast by Country, 2018 to 2022
Table 33: Latin America Market Value (US$ Mn) and Forecast by Country,2023 to 2033
Table 34: Latin America Market Volume (Kg) and Forecast by Country, 2018 to 2022
Table 35: Latin America Market Volume (Kg) and Forecast by Country,2023 to 2033
Table 36: Latin America Market Value (US$ Mn) and Forecast by Product Type, 2018 to 2022
Table 37: Latin America Market Value (US$ Mn) and Forecast by Product Type ,2023 to 2033
Table 38: Latin America Market Volume (Kg) and Forecast by Product Type, 2018 to 2022
Table 39: Latin America Market Value (US$ Mn) and Forecast by Form, 2018 to 2022
Table 40: Latin America Market Value (US$ Mn) and Forecast by Form ,2023 to 2033
Table 41: Latin America Market Volume (Kg) and Forecast by Form, 2018 to 2022
Table 42: Latin America Market Volume (Kg) and Forecast by Form ,2023 to 2033
Table 43: Latin America Market Value (US$ Mn) and Forecast by End Use Application, 2018 to 2022
Table 44: Latin America Market Value (US$ Mn) and Forecast by End Use Application,2023 to 2033
Table 45: Latin America Market Volume (Kg) and Forecast by End Use Application, 2018 to 2022
Table 46: Latin America Market Volume (Kg) and Forecast by End Use Application,2023 to 2033
Table 47: Europe Market Value (US$ Mn) and Forecast by Country, 2018 to 2022
Table 48: Europe Market Value (US$ Mn) and Forecast by Country,2023 to 2033
Table 49: Europe Market Volume (Kg) and Forecast by Country, 2018 to 2022
Table 50: Europe Market Volume (Kg) and Forecast by Country,2023 to 2033
Table 51: Europe Market Value (US$ Mn) and Forecast by Product Type, 2018 to 2022
Table 52: Europe Market Value (US$ Mn) and Forecast by Product Type ,2023 to 2033
Table 53: Europe Market Volume (Kg) and Forecast by Product Type, 2018 to 2022
Table 54: Europe Market Value (US$ Mn) and Forecast by Form, 2018 to 2022
Table 55: Europe Market Value (US$ Mn) and Forecast by Form ,2023 to 2033
Table 56: Europe Market Volume (Kg) and Forecast by Form, 2018 to 2022
Table 57: Europe Market Volume (Kg) and Forecast by Form ,2023 to 2033
Table 58: Europe Market Value (US$ Mn) and Forecast by End Use Application, 2018 to 2022
Table 59: Europe Market Value (US$ Mn) and Forecast by End Use Application,2023 to 2033
Table 60: Europe Market Volume (Kg) and Forecast by End Use Application, 2018 to 2022
Table 61: Europe Market Volume (Kg) and Forecast by End Use Application,2023 to 2033
Table 62: Asia Pacific Market Value (Us$ Mn) And Forecast By Country, 2018 to 2022
Table 63: Asia Pacific Market Value (Us$ Mn) And Forecast By Country,2023 to 2033
Table 64: Asia Pacific Market Volume (Kg) And Forecast By Country, 2018 to 2022
Table 65: Asia Pacific Market Volume (Kg) And Forecast By Country,2023 to 2033
Table 66: Asia Pacific Market Value (Us$ Mn) And Forecast By Product Type, 2018 to 2022
Table 67: Asia Pacific Market Value (Us$ Mn) And Forecast By Product Type ,2023 to 2033
Table 68: Asia Pacific Market Volume (Kg) And Forecast By Product Type, 2018 to 2022
Table 69: Asia Pacific Market Value (Us$ Mn) And Forecast By Form, 2018 to 2022
Table 70: Asia Pacific Market Value (Us$ Mn) And Forecast By Form ,2023 to 2033
Table 71: Asia Pacific Market Volume (Kg) And Forecast By Form, 2018 to 2022
Table 72: Asia Pacific Market Volume (Kg) And Forecast By Form ,2023 to 2033
Table 73: Asia Pacific Market Value (Us$ Mn) And Forecast By End Use Application, 2018 to 2022
Table 74: Asia Pacific Market Value (Us$ Mn) And Forecast By End Use Application,2023 to 2033
Table 75: Asia Pacific Market Volume (Kg) And Forecast By End Use Application, 2018 to 2022
Table 76: Asia Pacific Market Volume (Kg) and Forecast by End Use Application,2023 to 2033
Table 77: MEA Market Value (US$ Mn) and Forecast by Country, 2018 to 2022
Table 78: MEA Market Value (US$ Mn) and Forecast by Country,2023 to 2033
Table 79: MEA Market Volume (Kg) and Forecast by Country, 2018 to 2022
Table 80: MEA Market Volume (Kg) and Forecast by Country,2023 to 2033
Table 81: MEA Market Value (US$ Mn) and Forecast by Product Type, 2018 to 2022
Table 82: MEA Market Value (US$ Mn) and Forecast by Product Type ,2023 to 2033
Table 83: MEA Market Volume (Kg) and Forecast by Product Type, 2018 to 2022
Table 84: MEA Market Value (US$ Mn) and Forecast by Form, 2018 to 2022
Table 85: MEA Market Value (US$ Mn) and Forecast by Form ,2023 to 2033
Table 86: MEA Market Volume (Kg) and Forecast by Form, 2018 to 2022
Table 87: MEA Market Volume (Kg) and Forecast by Form ,2023 to 2033
Table 88: MEA Market Value (US$ Mn) and Forecast by End Use Application, 2018 to 2022
Table 89: MEA Market Value (US$ Mn) and Forecast by End Use Application,2023 to 2033
Table 90: MEA Market Volume (Kg) and Forecast by End Use Application, 2018 to 2022
Table 91: MEA Market Volume (Kg) and Forecast by End Use Application,2023 to 2033
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List Of Figures
Figure 1: Global Market Value Share (%) and BPS Analysis by Region, 2018 & 2023 & 2033
Figure 2: Global Market Y-o-Y Analysis by Region, 2023 to 2033
Figure 3: Global Market Attractiveness, by Region, 2023 to 2033
Figure 4: Global Market Value Share (%) and BPS Analysis by Product Type, 2018 & 2023 & 2033
Figure 5: Global Market Y-o-Y Analysis by Product Type, 2023 to 2033
Figure 6: Global Market Attractiveness, by Product Type, 2023 to 2033
Figure 7: Global Market Value Share (%) and BPS Analysis by End Use Application, 2018 & 2023 & 2033
Figure 8: Global Market Y-o-Y Analysis by End Use Application, 2023 to 2033
Figure 9: Global Market Attractiveness, by End Use Application, 2023 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Form, 2018 & 2023 & 2033
Figure 11: Global Market Y-o-Y Analysis by Form, 2023 to 2033
Figure 12: Global Market Attractiveness, by Form, 2023 to 2033
Figure 13: North America Market Value Share (%) and BPS Analysis by Country, 2018 & 2023 & 2033
Figure 14: North America Market Y-o-Y Analysis by Country, 2023 to 2033
Figure 15: North America Market Attractiveness, by Country, 2023 to 2033
Figure 16: North America Market Value Share (%) and BPS Analysis by Product Type, 2018 & 2023 & 2033
Figure 17: North America Market Y-o-Y Analysis by Product Type, 2023 to 2033
Figure 18: North America Market Attractiveness, by Product Type, 2023 to 2033
Figure 19: North America Market Value Share (%) and BPS Analysis by End Use Application, 2018 & 2023 & 2033
Figure 20: North America Market Y-o-Y Analysis by End Use Application, 2023 to 2033
Figure 21: North America Market Attractiveness, by End Use Application, 2023 to 2033
Figure 22: North America Market Value Share (%) and BPS Analysis by Form, 2018 & 2023 & 2033
Figure 23: North America Market Y-o-Y Analysis by Form, 2023 to 2033
Figure 24: North America Market Attractiveness, by Form, 2023 to 2033
Figure 25: Latin America Market Value Share (%) and BPS Analysis by Country, 2018 & 2023 & 2033
Figure 26: Latin America Market Y-o-Y Analysis by Country, 2023 to 2033
Figure 27: Latin America Market Attractiveness, by Country, 2023 to 2033
Figure 28: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2018 & 2023 & 2033
Figure 29: Latin America Market Y-o-Y Analysis by Product Type, 2023 to 2033
Figure 30: Latin America Market Attractiveness, by Product Type, 2023 to 2033
Figure 31: Latin America Market Value Share (%) and BPS Analysis by End Use Application, 2018 & 2023 & 2033
Figure 32: Latin America Market Y-o-Y Analysis by End Use Application, 2023 to 2033
Figure 33: Latin America Market Attractiveness, by End Use Application, 2023 to 2033
Figure 34: Latin America Market Value Share (%) and BPS Analysis by Form, 2018 & 2023 & 2033
Figure 35: Latin America Market Y-o-Y Analysis by Form, 2023 to 2033
Figure 36: Latin America Market Attractiveness, by Form, 2023 to 2033
Figure 37: Europe Market Value Share (%) and BPS Analysis by Country, 2018 & 2023 & 2033
Figure 38: Europe Market Y-o-Y Analysis by Country, 2023 to 2033
Figure 39: Europe Market Attractiveness, by Country, 2023 to 2033
Figure 40: Europe Market Value Share (%) and BPS Analysis by Product Type, 2018 & 2023 & 2033
Figure 41: Europe Market Y-o-Y Analysis by Product Type, 2023 to 2033
Figure 42: Europe Market Attractiveness, by Product Type, 2023 to 2033
Figure 43: Europe Market Value Share (%) and BPS Analysis by End Use Application, 2018 & 2023 & 2033
Figure 44: Europe Market Y-o-Y Analysis by End Use Application, 2023 to 2033
Figure 45: Europe Market Attractiveness, by End Use Application, 2023 to 2033
Figure 46: Europe Market Value Share (%) and BPS Analysis by Form, 2018 & 2023 & 2033
Figure 47: Europe Market Y-o-Y Analysis by Form, 2023 to 2033
Figure 48: Europe Market Attractiveness, by Form, 2023 to 2033
Figure 49: Asia Pacific Market Y-O-Y Analysis By Country, 2023 To 2033
Figure 50: Asia Pacific Market Attractiveness, By Country, 2023 To 2033
Figure 51: Asia Pacific Market Value Share (%) And Bps Analysis By Product Type, 2018 & 2023 & 2033
Figure 52: Asia Pacific Market Y-O-Y Analysis By Product Type, 2023 To 2033
Figure 53: Asia Pacific Market Attractiveness, By Product Type, 2023 To 2033
Figure 54: Asia Pacific Market Value Share (%) And Bps Analysis By End Use Application, 2018 & 2023 & 2033
Figure 55: Asia Pacific Market Y-O-Y Analysis By End Use Application, 2023 To 2033
Figure 56: Asia Pacific Market Attractiveness, By End Use Application, 2023 To 2033
Figure 57: Asia Pacific Market Value Share (%) And Bps Analysis By Form, 2018 & 2023 & 2033
Figure 58: Asia Pacific Market Y-O-Y Analysis By Form, 2023 To 2033
Figure 59: Asia Pacific Market Attractiveness, by Form, 2023 to 2033
Figure 60: MEA Market Value Share (%) and BPS Analysis by Country, 2018 & 2023 & 2033
Figure 61: MEA Market Y-o-Y Analysis by Country, 2023 to 2033
Figure 62: MEA Market Attractiveness, by Country, 2023 to 2033
Figure 63: MEA Market Value Share (%) and BPS Analysis by Product Type, 2018 & 2023 & 2033
Figure 64: MEA Market Y-o-Y Analysis by Product Type, 2023 to 2033
Figure 65: MEA Market Attractiveness, by Product Type, 2023 to 2033
Figure 66: MEA Market Value Share (%) and BPS Analysis by End Use Application, 2018 & 2023 & 2033
Figure 67: MEA Market Y-o-Y Analysis by End Use Application, 2023 to 2033
Figure 68: MEA Market Attractiveness, by End Use Application, 2023 to 2033
Figure 69: MEA Market Value Share (%) and BPS Analysis by Form, 2018 & 2023 & 2033
Figure 70: MEA Market Y-o-Y Analysis by Form, 2023 to 2033
Figure 71: MEA Market Attractiveness, by Form, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the market for lactase enzymes currently worth?
The global lactase enzyme market accounts for a valuation of US$ 742 million.
How did the sales of lactase enzymes fare in the last four years?
Worldwide consumption of lactase enzymes increased at 2.7% CAGR from 2018 to 2022.
At what rate will the lactase enzyme market grow?
Lactase enzyme demand is projected to evolve at 4% CAGR and account for US$ 1.1 billion by 2033-end.
What are the key regions in the global lactase enzyme market?
Asia Pacific, North America, and Europe are slated to be prominent markets in the global landscape.
Who are prime lactase enzyme manufacturers?
DSM Chemicals, Chr. Hansen Holding A/S, Biolaxi Corp., and Novact Corp. are major lactase enzyme manufacturing companies.
Lactase Enzyme Market