The report “Dairy Enzymes Market” (By Type (Lactase, Chymosin, Microbial rennet, Lipase, and Others (proteases and catalases))-By Source (Plant, and Animal & microorganism)-By Application (Cheese, Ice cream & desserts, Yogurt, Whey, Infant formula, and others (butter and edible cream products)) –by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)) – is estimated to grow at a CAGR of 7.45%.
Proteases are enzymes added to milk during the cheese production process to hydrolyze casein, particularly casein kappa, which stabilizes the formation of micelles to prevent coagulation. Rennet and rennin are general terms for any enzyme used to condense milk. The Dairy Enzymes Market is driven by factors such as increasing consumption of dairy products like cheese, yogurt, and others, growing demand for low-lactose and lactose-free dairy products, Changing lifestyles and food consumption, environmental benefits associated with enzymes, increased demand for processed and ready-to-use food products. These driving forces would significantly propel the market growth over the forecast period. Innovations in R & D in food processing and intensive product use in emerging markets are expected to positively stimulate the Dairy Enzymes Market.
The microbial rennet segment is expected to grow at the highest CAGR during the forecast period
In terms of type, the microbial rennet segment is expected to grow at the highest CAGR during the forecast period. Microbial rennet is a coagulant considered to be a vegetarian because this enzyme produced by the microorganisms does not come from animals.
The animal & microorganism segment is expected to account for a larger share of the global dairy enzymes market in 2017
In terms of source, the animal & microorganism segment is anticipated to account for a larger share of the global dairy enzymes market in 2017. They are the most popular source of dairy enzymes preferred by manufacturers due to the process of extraction; also, comprehensive research on animals & microorganisms is easier to perform and more cost-effective as compared to plant-sourced dairy enzymes.
The North America region is anticipated to lead the Dairy Enzymes Market
In terms of region, the North America region is anticipated to lead the Dairy Enzymes Market. Factors such as the presence of major players in the United States, strong awareness of dietary and dietary supplements, and significant demand for dairy enzymes from the feed industry will drive Dairy Enzymes Market growth in North America.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as DowDuPont, Amano Enzyme, Novozymes, Biocatalysts, Cargill, BENEO, and Kerry Group and SternEnzym.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Dairy Enzymes market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Dairy Enzymes market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Dairy Enzymes market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Dairy Enzymes market”
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