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The lactase enzyme market is estimated to decrease by USD 201.7 million, at a CAGR of 5.57% between 2023 and 2028. Market expansion is contingent upon several key factors, including the escalating consumer emphasis on enzyme-based foods, indicative of a burgeoning interest in healthier and more sustainable dietary choices. Concurrently, growing collaborations within the industry enhance the availability of lactose-free products, catering to the needs of lactose-intolerant consumers and expanding market reach. Furthermore, increased technological advancements in enzyme production drive innovation and efficiency, enabling manufacturers to develop a wider range of enzyme-based products with enhanced properties and functionalities. These factors collectively contribute to a dynamic market landscape, where the convergence of consumer trends, industry partnerships, and technological progress propels the growth and diversification of the enzyme food market. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2022.
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The market is experiencing dynamic growth, fueled by the rising demand for dairy alternatives and plant-based products among the lactose-intolerant consumer base. With a shift towards health-focused diets such as the flexitarian and vegan lifestyle, consumers are seeking lactase enzyme supplements derived from various sources including animal-derived lactase, fungal lactase, and plant-derived lactase. These enzymes play a crucial role in lactose hydrolysis, breaking down the natural disaccharide found in milk products into easily digestible components, addressing digestive issues like flatulence and gastrointestinal problems associated with lactose intolerance. Pharmaceutical manufacturers and small and medium-sized enterprises are investing in liquid and dry lactase formulations, catering to diverse food and beverages applications, from organic yogurt to skyr yogurt, while also addressing calorie concerns and hypercholesterolemia. As health awareness grows, the lactase enzyme market is poised to expand further, providing essential nutritional support for a health-focused, aging population embracing vegan and plant-based food options. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The rising consumer focus on enzyme-based foods is notably driving the market growth. Consumers' focus on eating these foods has increased as a result of growing health and wellness consciousness because these foods boost the diet with beneficial nutrients and facilitate better digestion. Sales of these products are being driven by increased consumer awareness of food safety, rising demand for health products, and expanding supply of lactose-intolerant product alternatives in the food and beverage industry.
Further, such breaks down the lactose sugar into glucose and galactose. Food enzyme producers have potential because of the increased demand for lactose-free dairy products such as yogurt, cheese, milk, and milk powders on a global scale. 90% of consumers in China are lactose intolerant. Thus, during the projection period, more lactose-free dairy products being available is anticipated to have a favorable impact on consumer demand.
Rising awareness about lactose-free products is the major trend in the market. The need to raise awareness of lactose intolerance, which is sometimes mistaken for other illnesses, has led to an increase in the number of educational programs about the condition. To raise awareness that people with lactose intolerance do not have to completely shun dairy products, February is observed each year as Lactose Intolerance Awareness Month. Programs that raise awareness about lactose intolerance encourage consumers to use lactose-free goods to get the vital nutrients that milk, cheese, and yogurt give.
Additionally, these awareness campaigns instruct lactose-intolerant people on the proper ways to consume dairy products. The demand of consumers for naturally occurring foods and beverages with enzyme bases will increase as lactose intolerance becomes more widely recognized as a medical condition. Therefore, dairy producers are encouraged to increase the use of lactase to boost the production of lactose-free products, which will fuel the growth of the market during the forecast period.
Varying prices of enzymes are the major challenge impeding market growth. The enzyme market is characterized by the existence of a sizable number of small companies that struggle to afford and utilize the technological improvements necessary to maintain the quality of their products. By patenting their products, large companies like Kerry Group plc, Koninklijke DSM NV, and Novozymes AS can secure discoveries and fund their R&D. Smaller sellers, however, must pay for this procedure.
As a result, the price of this is rising for the dairy sector, which raises the cost of goods that don't contain lactose. In regions with substantial discretionary income, this element has little impact on the market. However, it has an impact on the purchasing behavior of lactose-free goods in price-sensitive emerging countries with low disposable incomes, which are turning into the most important markets. Therefore, primary consumers in developing regions often refrain from using enzymes or primarily use medium-to low-quality products. Thus, fluctuations in the prices of enzymes may hamper the growth of the market during the forecast period.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market forecast report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Oenon Holdings Inc. - The company offers products to enhance taste, extend shelf life and improve the texture, appearance, and nutritional profile of products.
The market forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth of the food and beverage segment will be significant during the forecast period due to the several benefits provided by lactase to dairy products. Lactase is commercially used to prepare lactose-free products, especially lactose-free milk. Lactose-free milk differs from regular milk in terms of taste, ease of digestion, and shelf life. These benefits of lactose-free milk encourage end-users to produce a variety of dairy products from lactose-free milk.
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The food and beverage segment was valued at USD 243.6 million in 2018. Lactase increases the probiotic content in milk, adds natural sweetness, and improves the creaminess of products. Thus, lactase is used to manufacture yogurt, fresh cream, cheese, and ice creams. This trend will continue to drive the demand in the food and beverage industry as key companies are launching lactose-free dairy products to gain a competitive advantage and easily capture the attention of consumers.
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APAC is estimated to contribute 33% to the growth of the global market during the forecast period. Another region offering significant growth opportunities to companies is North America. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in North America constitutes the largest market share due to the increased consumption of dairy, the wide prevalence of lactose intolerance, and the well-developed food and beverage industry in North America. More than 60% of the North American population is lactose intolerant. These factors, changing lifestyles, and increasing disposable income support the demand in this region. The US has the highest share in the market.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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The market offers lactase supplements in pill form, catering to individuals with lactose intolerance. These supplements help alleviate symptoms such as bloating, gas buildup, and discomfort associated with consuming dairy products. Lactase supplements are especially beneficial for individuals with conditions like osteoporosis and irritable bowel syndrome, who may experience worsened symptoms due to dairy consumption. In the healthcare industry, companies like Mitushi BioPharma play a crucial role in producing these supplements from plants, catering to the growing demand in the healthcare sector. For those with food allergies or who cannot tolerate dairy, products like Lactaid provide a viable alternative to traditional dairy products, improving overall digestive health and quality of life.
Further, the market is witnessing significant growth driven by the increasing demand for dairy-free products and milk alternatives among the lactase-deficient population. With a focus on health and wellness, consumers are turning to enzyme technology to address lactose intolerance and related digestive issues. Lactase supplements such as lactase capsules, lactase tablets, and lactose intolerance pills are becoming popular choices for those seeking easy-digestible foods and vegan, plant-based, or cruelty-free products. These innovations cater not only to individuals with primary lactose intolerance but also to those with specific dietary preferences. As the market expands, lactase enzyme products are increasingly integrated into various food and beverage products, including ice cream, pharmaceuticals, and infant nutrition, providing consumers with accessible and convenient solutions to support their health goals while enjoying a diverse range of lactose-free options.
Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.57% |
Market Growth 2024-2028 |
USD 201.7 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
5.17 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
APAC at 33% |
Key countries |
US, Germany, China, UK, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Advanced Enzyme Technologies Ltd., Amano Enzyme Inc., Antozyme Biotech Pvt. Ltd., Aumgene Biosciences, Berg Schmidt GmbH and Co. KG, Biolaxi Corp., Calza Clemente s.r.l., Chr Hansen Holding AS, Creative Enzymes, DuPont de Nemours Inc., Enzyme Bioscience Pvt. Ltd., Infinita Biotech Pvt. Ltd., Kerry Group Plc, Koninklijke DSM NV, Merck KGaA, MITUSHI BIO PHARMA, Novact Corp., Novozymes AS, Oenon Holdings Inc., and RAJVI ENTERPRISE |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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