Lactase Market , delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this burgeoning sector. Reader will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.
MarketInsightsReports has announced the addition of the “Global Lactase Market Research Report 2020”. That report focuses on global major leading players with information such as company profiles, product picture and specification.
The Global Lactase market report follows SWOT (Strengths, Weaknesses, Opportunities, and Threats) Analysis with expected of 4.7% CAGR values during forecast period.
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Key Players:
DSM, Advanced Enzymes, Novozymes, Chr. Hansen Holding, Amano Enzyme, DowDuPont, Specialty Enzymes & Biotechnologies, Enzyme Development, Enzyme Solutions, SternEnzym, Zhongnuo BioTech, Kono Chem, Meihua BioTech, Enze Bio, request free sample for complete list of companies.
The leading players of industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.
Summary
Lactase (_-Galactosidase) is an enzyme capable of hydrolyzing lactose into glucose and galactose. Lactase is commonly used to catalyze the hydrolysis of lactose in the food industry for making lactose reduced/free products e.g. milk, yogurt, cream and ice cream. With 70% of the world’s population unable to tolerate lactose, it’s hardly surprising that the trend towards healthier food has brought a growing demand for lactose-free dairy products.
The technical barriers of lactase are relatively not high, resulting in numerous manufacturing enterprises. In the market, there are some relatively large enterprises, such as DSM, Novozymes, DuPont, Chr. Hansen Holding, Amano Enzyme, Enzyme Development, SternEnzym, and Specialty Enzymes & Biotechnologies. These companies mainly concentrate in Europe. Europe is the largest producer, more than 60% of total production in 2016. However, China enterprises have rather small production because of technology and equipment, especially in neutral lactase market. Every year, China import amount of neutral lactase to meet the needs of local dairy products companies. According to this study, over the next five years the Lactase market will register a 4.7% CAGR in terms of revenue, the global market size will reach $ 1067.8 million by 2025, from $ 889.6 million in 2019.
Lactase Market Segmentation by types, Applications and regions:
Market Segment by Type covers:
Neutral Lactase
Acid Lactase
Others
Market Segmented by Applications:
Food Industry
Pharmaceutical Industry
Others
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Market Segment by Regions:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.
Frequently Asked Questions about “Lactase market” :
- What will the Lactase market size/ forecast be in 2026?
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- Who are the key players/top companies in the Lactase market?
- What are the key market trends (Strength Weaknesses Opportunities Threats Analysis) driving the global Lactase market?
- What are the challenges to growth and the new opportunities in the Lactase market?
- Which is the highest growing region or country for the Lactase market?
- Which is the top growing segment/application/end-user industry?
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