The Global Dairy Enzymes Market size was USD 669.5 Million in 2021 and is expected to register a revenue CAGR of 7.3% over the forecast period, according to the latest report by Reports and Data. Rising dairy product consumption such as cheese, milk, yogurt, and others is the key factor driving market revenue growth. In dairy food applications, many enzymes are utilized, such as protease to lower the allergenic potential of products manufactured from cow's milk and lipase to improve the flavor of cheese. As proteolysis is restricted, caseins, which are acid-soluble and flavorless, can be added to beverages and acidic foods. For neonates who have a milk allergy, casein hydrolysates are recommended for producing foods with milk proteins. Lipolysis has a considerable impact on Swiss cheese's flavor.
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The primary reason driving market revenue growth is the rising demand for enzymes because of their diverse range from coagulants to bio-protective enzymes to boost shelf life components of dairy products. Dairy enzymes are used to break down cheese, yogurt, milk, and milk products. Catalase, lipases, proteases, lactase, esterase, and lactase are just a few of the enzymes utilized in food and dairy products. Rennet, also known as rennin, is a pepsin and chymosin mixture generated from microbial and animal sources that are used as the primary stage in the cheese-making process to induce milk to curdle. In order to reduce the allergic reactions caused by cow milk products in infant food, different types of proteases are utilized to change milk protein and speed up the aging of cheese.
Some cheeses, including Gouda, undergo a curd washing stage during manufacture to lower their lactose content. Such cheeses have a relatively low lactose content even before they ripen. Many other cheeses, however, simply see a reduction in lactose concentration as a result of the lactic acid bacteria's activity during the ripening process. Hard cheeses that have ripened, including parmesan, cheddar, or Swiss cheeses, have very little lactose in them.
Some of the Leading Market Players Are Listed Below:
- Hansen Holding A/S,
- DuPont de Nemours, Inc.,
- DSM,
- Kerry Group plc,
- Novozymes A/S,
- Advanced Enzymes Technologies,
- Amano Enzyme Inc.
- Others
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Market Segmentation:
By Type Outlook
- Lactase
- Chymosin
- Microbial Rennet
- Lipase
- Others
By Application Outlook
- Milk
- Cheese
- Ice-cream dessert
- Others
By Source Outlook
- Plant
- Animal Microorganism
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Dairy Enzymes market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Dairy Enzymes market.
The global Dairy Enzymes market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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