Dairy Enzymes Market Overview Highlighting Major Drivers, Demand, Growth and Demand Report 2027

The global dairy enzymes market would reach value of USD 999.8 Million by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing prevalence of lactose intolerance among people. Moreover, increasing utilization of hydrocolloids by dairy-manufacturing companies to enhance the texture of dairy products is expected to drive the market for dairy enzymes during the forecast period. Furthermore, growing preference of obese people for low-fat and healthy food is also contributing to the demand for dairy enzymes.

The impact of the COVID-19 pandemic has been observed across all the sectors in all the industries. The economic landscape has been dynamically altered owing to the crisis, and a change in the demands and trends has also been observed. The report studies the impact of COVID-19 on the market and analyses the key changes in the trends and growth patterns. It also provides an estimation of the current and future impact of COVID-19 on the overall growth of the industry.

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Key Highlights of Report

· In December 2020, DuPont Nutrition & Biosciences announced the launch of Versilk in North America. The new product is the latest in the company’s range of enzymes. Its use helps beverages and yogurt attain optimal taste and texture.

· North America accounted for the largest share of the global dairy enzymes market in 2019. Increasing demand among health-conscious people for innovative dairy products that are sugar-free, lactose-free, and enriched in prebiotic fiber is driving the market for dairy enzymes in the region.

· Key market participants include DuPont, Kerry Group, Chr Hansen Holding A/S, DSM, Advanced Enzymes Technologies, Connell Bros., Novozymes A/S, Biocatalysts Ltd, Amano Enzyme, and SternEnzym

Dairy Enzymes Market Segmentation:

Emergen Research has segmented the global dairy enzymes market in terms of application, type, and region:

· Application Outlook (Revenue, USD Million; 2017–2027)

o Cheese

o Milk

o Yoghurt

o Infant Formula

o Ice Cream & Desserts

o Others

· Type Outlook (Revenue, USD Million; 2017–2027)

o Chymosin

o Lipase

o Lactase

o Microbial Rennet

o Others (Catalases and Proteases)

Key Geographical Segments:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of the Global Dairy Enzymes Market Report:

· Comprehensive analysis of the changing competitive landscape

· Assists in decision making processes for the businesses along with detailed strategic planning methodologies

· The report offers an 8-year forecast estimation and assessment of the Global Dairy Enzymes Market

· Helps in understanding the key product segments and their estimated growth rate

· In-depth analysis of market drivers, restraints, trends, and opportunities

· Comprehensive regional analysis of the Global Dairy Enzymes Market

· Extensive profiling of the key stakeholders of the business sphere

· Detailed analysis of the factors influencing the growth of the Global Dairy Enzymes Market

Table of Content Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Dairy Enzymes Market Segmentation & Impact Analysis 4.1. Dairy Enzymes Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Rising consumption of dairy products 4.2.2.2. Increasing requirement of significant nutritional valuable dairy products 4.2.2.3. Growing preference towards low-fat and healthy foods among obese population 4.2.3. Market restraints analysis 4.2.3.1. Chances of allergic reactions on exposure to lactase 4.2.3.2. Respiratory issues linked with dairy allergies 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

CONTINUED…!

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