Booming Demand for Dairy Enzyme Market to Grow Tremendous CAGR of 2029 | Profiling Top Key Players like DSM N.V. (Netherlands), Chr. Hansen Holding A/S (Denmark), Biocatalysts Limited (U.K.), etc

Dairy Enzyme Market Snapshot:

Enzymes are proteins with highly selective catalysts responsible for improving the quality of food along with nutrition. The dairy industry demands many enzymes that are imperative for the production of cheeses, yogurt, and other products, while some enzymes are used in a more specialized manner to enhance texture and flavor. The most important enzymes involved in the dairy industry include lipases, lactoperoxidase, proteases, transglutaminase, lactase, esterases, catalase, lysozyme, and aminopeptidase, among others.

The enzymes of the dairy industry may be coagulants that help in the formation of cheese, or bio-protective, which improve the safety and shelf life of various dairy products. The two key applications of enzyme technology in the dairy industry are the hydrolysis of lactose and the use of rennet in milk coagulation, while others include the production of enzyme-modified cheeses by the addition of individual or multiple proteinases and lipases among others.

Dairy enzymes register significant demand from various industry participants, including dairy product manufacturers such as cheese, butter, yogurt, ice-cream, whey and milk protein concentrates, and infant formula, among others. Apart from these, manufacturers of condensed milk, evaporated milk, skimmed milk, milk powder, and cream producers are among the other end-use consumers of dairy enzymes. According to a research report from the Austrian Federal Environment Agency, about 158 enzymes were used in the food industry, 64 enzymes in technical application, and 57 enzymes in feedstuff, of which 24 enzymes are used in 3 industrial sectors.

Obtain Brochure For Latest Technology Advancements @ 
https://straitsresearch.com/report/dairy-enzyme-market/request-sample

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.

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 dairy enzyme market.

Demand for Lactose-Free Food Products, Food intolerance has become a primary concern for the health and wellbeing of consumers. The prevalence of high lactose intolerance amongst the population, particularly in America and a part of some European countries, is another aspect that drives the growth of the dairy enzyme market. Improving global economics, easy digestibility, and improved bioavailability of lactose-free food have consolidated the demand for lactose-free dairy products, which is projected to have a positive outlook for the dairy enzyme market over the forecast period 2019-2026. The U.S. is the largest market for lactose-free food, accounting for approximately 29% of the global sales in 2015.

Environmental Benefits Associated with Enzymes, Another advantage of dairy enzymes is the positive impact on the environment by reducing nutrients released in feces, which may harm the environment and thereby allowing better use of natural resources. For instance, proteases can substantially lower the amount of non-protein nitrogen supplement in diets of animals, thereafter reducing the excretion of urea into the environment. The developed regions have adopted several new enzyme technologies in industry application at a high pace, as their companies invested in enzyme-related technologies to address environmental issues, and increase productivity and product value.

Market Penetration, The global dairy enzyme market is highly competitive, has small profit margins, and is technologically intensive. The world enzyme demand is satisfied by about 12 major producers and 400 minor suppliers. Near about 75% of the total enzymes are produced by 3 top enzyme companies, i.e., Denmark-based Novozymes, US-based DuPont (through the May 2011 acquisition of Denmark-based Danisco) and Switzerland-based Roche.
According to estimates, developing countries will consume 67% of fresh dairy products, most of which are consumed in Asia. The per capita consumption of dairy products in emerging nations is anticipated to rise by an average of 0.7% p.a. for whole milk powder, 1.2% p.a. for skimmed milk powder, 0.8% p.a. for cheese, 1.3% p.a. for butter, and 1.8% p.a. for fresh dairy products. India exported 94,000 tonnes of dairy products in 2018, which was valued at approximately USD 290 million, among which butter and other dairy fats make up the majority of exports, accounting for 65% in volume terms.

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

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 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Dairy Enzyme and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Dairy Enzyme. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

View this report with a detailed description and TOC @ https://straitsresearch.com/report/dairy-enzyme-market/toc

COVID-19 Impact Analysis:
- The COVID-19 pandemic had a significant impact on the on trade segment and Industry.
- Manufacturers are comprehending strategies to revive from the current situation by means of reshaping their sales channels as well as product innovation.
- The duration of the virus outbreak remains a key factor in assessing the overall impact of the pandemic. However, the global Railway Suspension System industry is expected to stabilize after 2019.
- The liquor industry was not impacted severely due to the pandemic.

Browse Full Report @ 
https://straitsresearch.com/report/dairy-enzyme-market/

Key Dairy Enzyme Market Trends:
- The report identifies, determines, and forecasts the Global Dairy Enzyme Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Dairy Enzyme Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Dairy Enzyme Market.

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/dairy-enzyme-market/global/

Even if your business is a multinational venture or a single storefront, we believe innovation is the key to progress, in both what you build and how you promote your products and brands.

So let's put our minds together. We'll make your vision a reality and help you grow.

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs.

This release was published on openPR.