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Ongoing Study Traces the Expansion of Dairy Enzyme Market during 2020 | Straits Research
Dairy Enzyme Market
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The Major Players Covered in this Report: DSM N.V. (Netherlands), Chr. Hansen Holding A/S (Denmark), Biocatalysts Limited (U.K.), Danisco A/S (U.S.), Novozymes A/S (Denmark), Kerry Group PLC. (Republic of Ireland), Advanced Enzyme Technologies Limited (India), Amano Enzyme Inc. (Japan), Connell Bros. Co. LLC (U.S), SternEnzym GmbH and Company KG (Germany)., & more....
By Type, Rennet, Lactases, Catalases, Lipases, Proteinases, Peptidases
By Source, Plant, Animal and Microorganism
By Application, Milk, Yogurt, Cheese, Whey, Ice Cream, and Dessert, Infant formula, Others
Years that have been considered for the study of this report are as follows:
History Year: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2020 to 2026
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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Dairy Enzyme in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Dairy Enzyme market during the forecast period 2020-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia.
Full Report Link @ https://straitsresearch.com/report/dairy-enzyme-market/global/
Increasing Consumption of Dairy and Related Products, Milk and dairy products diversify the diet as they are nutrient-dense and provide high-quality protein and micronutrients in an easily absorbable form. Increasing demand for dairy products is majorly driven by the growing population, rising health consciousness, and increasing per capita income along with evolving living standards. According to the Food and Agriculture Organization (FAO), the human population will increase from approximately 7 billion in 2011 to 9.5 billion in 2050. The growth in population size and wealth will increase the demand for dairy products by at least 50%. As income and population increase, the diets have become more globalized. Thus, more dairy products are expected to be consumed in developing countries. On the other hand, in developed countries, the per-capita consumption of milk solids is estimated to reach 21.4 kg by 2026 from 20.2 kg in 2014, according to FAO, which in turn will stimulate the growth of the dairy enzyme market.
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