Dairy Enzyme Market 2019-2026 Precise Outlook- 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.

The application of enzymes in the dairy industry is still in its introductory/growth phase as the technology is constantly evolving. The dairy industry has flourished in the last few decades in most of the countries of the world since the demand for milk and milk products has steadily risen over the period. While developed regions of North America and Europe and a significant number of Asian countries adopted enzyme technology in the dairy industry quite a while back, emerging nations of the Middle East and Africa are in the process of introducing it. Advancement in microbial dairy enzymes is taking shape while demand for new value-added dairy products increases worldwide pertaining to progression in the field of biotechnology.

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.

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.
The global dairy enzyme market is majorly segmented into six regions, including North America, Europe, Asia-Pacific, Middle East, and Africa. Developed regions, including North America and Europe, have been dominant in regard to the consumption of dairy enzymes owing to the presence of developed food processing industries and the early adoption of cutting-edge technology. The North American dairy market has a prominent consumer base with positive growth prospects due to the presence of a well-established dairy industry.

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The Major Prominent 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

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.

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Key Questions Answered in The Report:
What will the Dairy Enzyme market growth rate?
What are the key factors driving the global Dairy Enzyme market?
Who are the key manufacturers in the Dairy Enzyme market space?
What are the market opportunities, market risk, and market overview of the Dairy Enzyme market?
What are sales, revenue, and price analysis of top manufacturers of the Dairy Enzyme market?
Who are the distributors, traders, and dealers of the Dairy Enzyme market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Dairy Enzyme Industry?
What are sales, revenue, and price analysis by regions of Dairy Enzyme industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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.

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