Lactase Market Analysis, Volume, Sales, Status, Growth and Opportunities 2023-2028

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According to the latest report by IMARC Group, titled “Lactase Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on lactase industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global lactase market is expected to exhibit a growth rate (CAGR) of 6.1% during 2023-2028.

Lactase, also called lactase-phlorizin hydrolase, is a metalloenzyme that hydrolyzes lactose into easily digestible sugars, such as galactose and glucose. Lactase enzymes are produced naturally in the small intestine of humans and other mammals, although they can also be manufactured artificially. Therefore, it is primarily utilized in the food and beverages industry to make dairy products lactose-free by reducing or eliminating the lactose content.

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Market Trends:

The market is primarily driven by the growing incidences of gastrointestinal disorders due to lactose intolerance among the masses. In addition to this, the rising health-consciousness among the masses resulting in an increased demand for lactose-free dairy products is also providing an impetus to the market. Moreover, continual product innovations, along with the growing portfolio of customized products for the lactose-intolerant individuals, are propelling the market creating a positive outlook for the market. Some of the other factors contributing to the market growth include rapid urbanization, the inflating disposable incomes of the masses and extensive research and development (R&D) activities conducted by key players.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Advanced Enzyme Technologies
  • Antozyme Biotech Pvt Ltd
  • Biolaxi Corporation
  • Hansen Holding A/S
  • Creative Enzymes
  • DuPont de Nemours Inc.
  • Kerry Inc.
  • Koninklijke DSM N.V.
  • Merck KGaA
  • Novozymes A/S
  • Polttimo Oy

Lactase Market Segmentation:

Our report has categorized the market based on region, source, form and application.

Breakup by Source:

  • Fungi
  • Yeast
  • Bacteria

Breakup by Form:

  • Powder
  • Liquid

Breakup by Application:

  • Food and Beverages
    • Milk
    • Cheese
    • Yogurt
    • Others
  • Dietary Supplements
  • Pharmaceuticals

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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