The global lactase market size is expected to reach USD 357.1 Million in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing number of lactose-intolerant cases around the world, growing concerns regarding digestive issues due to the consumption of dairy products, and shifting consumer preference towards lactose-free dairy products. Increasing demand for lactase, which reduces lactose content in dairy products, is driving market revenue growth currently.
Key players in the market include HANSEN HOLDINGS A/S, Kerry Group, Koninklijke DSM N.V., Novozymes, Merck KGaA, DuPont, Amano Enzyme, Advanced Enzyme Technologies, Mitushi Biopharma, and Rajvi Enterprise.
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The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration.
Emergen Research has segmented the global lactase market on the basis of form, source, application, and region:
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Lactase Market Segmentation by Regions:
Objectives of the Report:
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Lactase Market Segmentation & Impact Analysis
4.1. Lactase Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising demand for lactose-free dairy products
4.2.2.2. Increasing number of lactose-intolerance among the growing population
4.2.2.3. Increasing R&D activities for new product development
4.2.3. Market restraints analysis
4.2.3.1. High processing cost
4.2.3.2. Rising demand for dairy-free alternatives
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Lactase Market By Form Insights & Trends, Revenue (USD Million)
5.1. Form Dynamics & Market Share, 2021-2028
5.1.1. Liquid
5.1.2. Dry
Chapter 6. Lactase Market By Source Insights & Trends Revenue (USD Million)
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