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Analysis of Key Market Segments Influencing the Bio-Lactase Enzyme Market
Bio-Lactase Enzyme Market
Projected Market Size and Growth of the Bio-Lactase Enzyme Market
The bio-lactase enzyme market is anticipated to reach a valuation of $1.89 billion by 2030, showing a steady compound annual growth rate (CAGR) of 8.4%. This positive trajectory is largely fueled by rising consumption of lactose-free products, expanded clinical and pediatric nutritional uses, a growing market for functional dairy alternatives, and the broader implementation of enzymatic processes. Additionally, enhanced investments in enzyme innovation contribute significantly to this market's growth. Key trends during this period include increased utilization in lactose-free dairy goods, higher demand for digestive health supplements, expanded use in infant formula manufacturing, advancements in enzyme-based dairy processing, and a stronger focus on improving enzyme stability and effectiveness.
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Leading Companies Driving the Bio-Lactase Enzyme Market
Several prominent players dominate the bio-lactase enzyme landscape, including BASF SE, Merck KGaA, DSM-Firmenich AG, DuPont Nutrition & Health, Kerry Group plc, Novozymes A/S, Oenon Holdings Inc., Amano Enzyme Inc., Sisco Research Laboratories Pvt. Ltd., Advanced Enzyme Technologies Ltd., Nature BioScience Pvt. Ltd., SternEnzym GmbH & Co. KG, Enzyme Development Corporation, Infinita Biotech Pvt. Ltd., Creative Enzymes, Mitushi Biopharma, Calza Clemente S.r.l., Antozyme Biotech Pvt. Ltd., Biolaxi Corporation, and Amano Enzyme Europe.
In a major development in January 2024, Denmark-based Novozymes A/S merged with Chr. Hansen, another bio-lactase enzyme manufacturer, forming Novonesis. This newly established global biosolutions leader brings together a workforce of 10,000 professionals and expertise spanning over 30 industries, positioned to help companies worldwide meet their business goals while reinforcing environmental sustainability.
Key Factors Fueling the Growth of the Bio-Lactase Enzyme Market
Innovative product development is at the forefront of growth in this field. Companies are focusing on creating fast-acting lactase enzymes that initiate their digestive function immediately upon consumption, providing relief from symptoms like bloating, gas, and diarrhea. These enzymes are designed to work effectively when taken just before or along with the first bite of lactose-containing foods.
For example, in May 2023, DSM-Firmenich, a Swiss bioscience firm, introduced Maxilact Next-a pioneering lactase enzyme tailored for the dairy sector. This enzyme is known as the fastest pure lactase available commercially, improving the efficiency of lactose-free dairy production by accelerating lactose breakdown, reducing processing times, and maintaining product quality. Maxilact Next also supports clean-label product formulations by lowering the need for additives, underscoring DSM-Firmenich's dedication to bio-based enzymatic innovation for food and beverage applications.
View the full bio-lactase enzyme market report:
https://www.thebusinessresearchcompany.com/report/bio-lactase-enzyme-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
How the Bio-Lactase Enzyme Market Is Organized by Type and Application
This report categorizes the bio-lactase enzyme market into several segments:
1) Product Type: Liquid Bio-Lactase, Powder Bio-Lactase, Capsule and Tablets
2) Source: Microbial, Fungal, Yeast, Other Sources
3) Distribution Channel: Online Stores, Supermarkets and Hypermarkets, Specialty Stores, Other Channels
4) Application: Food and Beverage, Pharmaceuticals, Dietary Supplements, Animal Feed, Other Uses
5) End User: Infant Formula, Dairy Processing, Clinical Nutrition, Other End Users
Breaking down further, liquid bio-lactase is subdivided into food grade liquid, pharmaceutical grade liquid, infant formula liquid, dietary supplement* liquid, and beverage additive liquid. Powder bio-lactase includes food grade powder, pharmaceutical grade powder, feed grade powder, dietary supplement* powder, and instant mix powder. Capsules and tablets are segmented into chewable tablets, enteric coated tablets, hard gelatin capsules, soft gelatin capsules, and delayed release capsules.
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