Press release
Dairy Enzymes Market by Type (Lactase, Chymosin, Microbial Rennet, Lipase) by Applications (Milk, Cheese, Ice Cream & Desserts, Yogurt, Whey, Infant Formula) – Business Overview, Analysis and Industry Forecast 2017-2023
Dairy Enzymes Market
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CHR. Hansen (Denmark), Royal DSM N.V. (U.S), DSM (Netherlands) are the key players in this market.
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Drivers:
Increasing Consumption of Dairy Products
Restraints:
Dairy Allergies
Opportunities:
Emerging Applications of Dairy By-Products
Challenges:
Safety and Regulatory Aspects of Enzyme Use
The Global Dairy Enzymes Market is divided as By Type, Application, Source and Region.
On the basis of Type, the global dairy enzymes market is divided as Lactase, Chymosin, Microbial Rennet, Lipase and others in which the microbial rennet segment accounts for the highest segment. Microbial rennet is less expensive than animal rennet.
The Application segment is divided as Milk, Cheese, Ice cream & Desserts, Yogurt, Whey, Infant Formula and others in which the cheese segment accounts the highest market share. 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.
The Source segment is divided as plant and animal and microorganism. The animal & microorganism segment is estimated to account for a larger share of the global dairy enzymes market in 2017. They are the most popular source of dairy enzymes preferred by manufacturers due to the extraction process. Also, comprehensive research on microorganisms is easier to perform and more cost-effective as compared to plant-sourced dairy enzymes.
The microbial rennet segment accounts for the largest market share and is expected to grow at a moderate CAGR of XXX% in the coming years.
Key Benefits for Stakeholders
Raw material suppliers
Dairy enzyme manufacturers/suppliers, importers, and exporters
Intermediary suppliers
Consumers/End-user industries
By Type
Lactase
Chymosin
Microbial Rennet
Lipase
Others
By Application
Milk
Cheese
Ice Cream & Desserts
Yogurt
Whey
Infant Formula
Others
Source
Plant
Animal & Microorganism
By Region
North America
Europe
Asia-Pacific
RoW
SGS
Key Market Players
CHR. Hansen
Dowdupont
DSM
Kerry Group
Novozymes
Advanced Enzymes Technologies
Amano Enzyme
Connell Bros.
Biocatalysts
SternEnzym
(A brief overview of 10 companies is also provided)
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Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.
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