Monday, 14 October 2019

Massive Growth of Lactase Enzyme Market By Top Key Players: Novozymes, DuPont, DSM and among others

Fact.MR recently published a market research report, which forecasts that the Lactase Enzyme Market will envisage a healthy 4.4% volume CAGR during the period 2018-2028. The report projects the global demand for lactase enzymes for food & beverage applications to grow twice higher than that for its applications in dietary supplements through 2028.

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In addition, the report opines that the rise in demand for lactose-free food products, which also complies with shifting consumer preference for calorie- and sugar-reduced foods, will continue to prevail as a key growth influencer for the lactase enzyme market.

According to the statistics published by the U.S. National Library of Medicine, more than 65% of the global population develops lactose intolerance after infancy. High awareness about this health condition, coupled with growing trend of eating healthier in developed countries in North America and Europe is boosting demand for lactose-free foods, thereby favoring adoption of lactase enzyme. Meanwhile, over 90% of the East Asian adult population is highly prone to developing lactose intolerance, which represents high growth potential for lactase enzyme market in Asia-Pacific excluding Japan (APEJ).

The market study provides a comprehensive data on each stakeholder in the lactase enzyme market, including Chr. Hansen Holding A/S, Advanced Enzyme Technologies Limited, DuPont de Nemours and Company, DSM Chemicals, Novozymes A/S, Merck KGaA (Sigma-Aldrich), Sternenzym, Amano Enzyme Inc., Calza Clemente, Senson, and Specialty Enzymes & Biotechnologies. The report provides readers with all-encompassing data on each manufacturer’s revenue shares, winning strategies, and latest information on mergers and acquisitions in the lactase enzyme market.

View Full Report@:- https://www.factmr.com/report/666/lactase-enzyme-market

“Rising applications of lactase enzymes in the dairy industry are attracting new entrants in the lactase enzyme market, thereby intensifying the market’s competitive environment. Meanwhile, established stakeholders in the lactase enzyme market are developing high-quality lactase enzymes with better stability to attract a large customer base and maintain a competitive edge over others. By manufacturing lactase enzymes that enable smooth and quick transition into lactose-free dairy manufacturing processes, market players in the lactase enzyme market are aiming to gain a stronger position in the dairy industry. Using high-quality lactase enzymes can help dairy manufacturers to mitigate needs for investing in additional dairy processing equipment. Thereby, leading manufacturers in the lactase enzyme market are adopting advanced production technologies to deliver lactase enzymes with improved stability and high-performance characteristics,” says a lead analyst at Fact.MR.

Demand for lactase enzyme drops is likely to remain much higher than that for lactase enzyme powder in the upcoming years. The Fact.MR report projects that the global sales of lactase enzymes in liquid form will be twice higher than those of its powder counterpart by the end of 2028. Liquid lactase enzymes, when used in manufacturing lactose-free food products, dissolve completely and leave less residual lactose, retaining the taste and texture of the food product, which is influencing salient strategies of stakeholders in the lactase enzyme market. Leading market players such as Novozymes, DuPont, and DSM, are marketing their liquid base lactase enzymes in various industrial sectors, especially in the F&B industry, to gain an edge in the lactase enzyme market in the coming future.

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