Dairy Enzymes Market Outlook to 2027 | CHR Hansen Holding A/S, DSM Food Specialties B.V., Anchor, Amano Enzyme, Campina, Biocon Limited, Novozymes A/S and Genencor International, Inc.

Polaris Market Research has announced the addition of the "Dairy Enzymes Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Dairy Enzymes Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report provides in depth study of " Dairy Enzymes Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Dairy Enzymes Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.

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The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

The key players covered in this study
• Danisco A/S
• Beyond Meat
• Fonterra Co-op Group Ltd
• CHR Hansen Holding A/S
• DSM Food Specialties B.V.
• Anchor
• Amano Enzyme Inc.
• Campina
• Biocon Limited
• Novozymes A/S
• Genencor International, Inc.

the global dairy enzymes market is anticipated to reach $1,029.8 Million By 2027 and is expected to grow at a CAGR of 7.25% from 2020-2027 Dairy enzymes refer to the enzymes that are added to milk for production of various dairy products such as cheese, yoghurt and other milk products. Dairy enzyme has several key functions including, acts as coagulants that are being deployed to make cheese as well as bioprotective enzymes that are used to improve safety and shelf life of dairy products.

Polaris Market Research has segmented the dairy enzymes market report on the basis of product class, source, application, and region

Dairy Enzymes Product Class Outlook (Revenue – USD Million, 2016 – 2027)
• Carbohydrases
• Proteases
• Polymerases & Nucleases
• Lipases
• Phytases
• Other enzymes

Dairy Enzymes Source Outlook (Revenue – USD Million, 2016 – 2027)
• Plant
• Animal & Microorganism

Dairy Enzymes Application Outlook (Revenue – USD Million, 2016 – 2027)
• Milk
• Cheese
• Ice Cream & Desserts
• Yogurt
• Whey
• Infant Formula
• Others

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Some of the key factors driving the market growth include, rising consumption of dairy products, increasing demand for lactose-free and low-lactose based dairy products and several environmental benefits related to enzymes. According to news published in economic times in May 2020, the consumption of dairy products has increased in India during the COVID-19 lockdown period driven by rising preference for highly nutritious and healthy vegetarian food. The Gujarat Cooperative Milk Marketing Federation (GCMMF) has reported approximately 20% to 25% higher sales of dairy products such as cheese, ghee and butter in April 2020 which is higher as compared to their average sales registered every month.

According to the International Farm Comparison Network (IFCN) April 2020 report, the dairy sector worldwide is expected to continue to flourish and presently serving more than 7 billion consumers. By 2040, the milk demand and supply would not remain in balance and thus, leading to a slight deficit in availability of milk to consumers, amounting to nearly 12 million tons. The deficit in availability of milk is expected to support the global milk price which is expected to increase while triggering further production of milk that would outbalance demand.

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