The Global Lactase Market size is expected to reach $355.2 Million by 2028, rising at a market growth of 6.5% CAGR during the forecast period.
The milk sugar lactose, also present in other dairy products, is broken down into the simple sugar’s glucose and galactose by the enzyme lactase. The need for lactase is anticipated to rise globally due to factors including expanding lactose-free demand and rising product research & developments in various fields of application like pharmaceutical, nutritional supplements, and baby nutrition. As a member of the galactosidase enzyme family, lactase hydrolyzes the disaccharide lactose into its component monomers of glucose and galactose.
The brush border layer of the developed enterocytes bordering the small intestine's villi is where lactase is primarily found. On chromosome 2, the LCT gene in humans encodes lactase. The ability of the lactase enzyme to continue functioning as an adult and break down lactose in milk is known as lactase persistence. After weaning, the enzyme's activity is significantly decreased in most mammals.
However, lactase persistence has lately developed in some human societies as an adaptation to the ingestion of dairy products and nonhuman milk after infancy. Irish people, in particular, have unusually high levels of lactase persistence. On the other hand, most people on the planet have varied degrees of lactose intolerance and are lactase non-persistent. Lack of the lactase enzyme in the small intestines, which breaks down lactose into glucose and galactose, is the cause of lactose intolerance.
Primary, secondary, congenital, and developmental are the four main categories of lactose intolerance. Primary lactose intolerance develops as people age because their lactase levels decrease. For the most part, the small intestinal damage is considered the main cause of secondary lactose intolerance. An infection, inflammatory bowel disease, celiac disease, or other illnesses may be accountable for such damage.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group PLC, Koninklijke DSM N.V., DuPont de Nemours, Inc., Novozymes A/S (Novo Holdings A/S), Chr. Hansen Holding A/S, Advanced Enzyme Technologies Limited, Oenon Holdings, Inc., Mitushi Biopharma, Natural Factors, and Amano Enzyme, Inc.
The milk sugar lactose, also present in other dairy products, is broken down into the simple sugar’s glucose and galactose by the enzyme lactase. The need for lactase is anticipated to rise globally due to factors including expanding lactose-free demand and rising product research & developments in various fields of application like pharmaceutical, nutritional supplements, and baby nutrition. As a member of the galactosidase enzyme family, lactase hydrolyzes the disaccharide lactose into its component monomers of glucose and galactose.
The brush border layer of the developed enterocytes bordering the small intestine's villi is where lactase is primarily found. On chromosome 2, the LCT gene in humans encodes lactase. The ability of the lactase enzyme to continue functioning as an adult and break down lactose in milk is known as lactase persistence. After weaning, the enzyme's activity is significantly decreased in most mammals.
However, lactase persistence has lately developed in some human societies as an adaptation to the ingestion of dairy products and nonhuman milk after infancy. Irish people, in particular, have unusually high levels of lactase persistence. On the other hand, most people on the planet have varied degrees of lactose intolerance and are lactase non-persistent. Lack of the lactase enzyme in the small intestines, which breaks down lactose into glucose and galactose, is the cause of lactose intolerance.
Primary, secondary, congenital, and developmental are the four main categories of lactose intolerance. Primary lactose intolerance develops as people age because their lactase levels decrease. For the most part, the small intestinal damage is considered the main cause of secondary lactose intolerance. An infection, inflammatory bowel disease, celiac disease, or other illnesses may be accountable for such damage.
COVID-19 Impact Analysis
The COVID-19 outbreak has affected the supply chain due to the lockdown in many nations. Additionally, the outbreak decreased demand for chemical intermediates because of the unpredictability of the world economy and financial markets. Therefore, the constraints brought on by the COVID-19 pandemic have negatively impacted the lactase market, especially by the lockdowns and the closure of industrial facilities. Due to post-pandemic client preference changes, business requirements have transitioned to stock organization and liquidation techniques, with consumption at a stop.Market Growth Factors
Increasing lactose intolerance in children and adults
Primary lactose intolerance is a transient condition that develops in early infants before the small intestine is fully formed. Adults who experience secondary intolerance typically have gastrointestinal problems in the small intestine. In addition, conditions like Crohn's disease or gastroenteritis can cause secondary lactose intolerance. According to the National Center for Biotechnology Information (NCBI), most of the world's population is susceptible to lactase insufficiency. As a result, the development of lactose-free milk and dairy products has increased, aiding those lactose intolerant in avoiding gastrointestinal issues.Increased investigation and development to identify fresh sources for lactase extraction and enzyme use
The lactase enzyme is obtained from a variety of sources. To extract the enzyme, novel sources, including bacteria and fungi, are sought after by contemporary research and development. Additionally, the nutritional content of feed and food items is increased by applying enzymes. Enzymes also limit chemical waste, water use, and by-product production, posing minimal threats to people and the environment. Given that the food and beverage sector must go through several production processes, lactase enzymes derived from fungal sources have an acidic pH and are stable.Market Restraining Factor
Increasing popularity of vegan diets and dairy-free alternatives
Due to its minimal fat and sugar content, plant-based milks are also a well-liked replacement for those who consume little to no fat. Experts suggest using almond milk as a workable replacement of milk for children and anyone with milk sensitivities or intolerances. However, as more individuals adopt a vegan lifestyle, plant-based foods are becoming more popular with consumers who previously preferred dairy products. Additionally, many doctors recommend plant-based diets for patients with cardiac problems, including those who also have diabetes, high blood pressure, and other illnesses. This factor can limit market expansion during the anticipated period.Source Outlook
Based on source, the lactase market is categorized into yeast, fungi, and bacteria. The bacteria segment procured a considerable growth rate in the lactase market in 2021. Three important bacteria, Bifidobacterium longum, Lactobacillus acidophilus, and Enterococcus faecalis, are the origins of the lactase gene. These have increased enzymatic activity while producing lactose-free products and are non-pathogenic. Since they are not pathogens, lactase enzyme derived from bacteria finds use in human nutrition and for therapeutic purposes. The growing use bacteria sourced lactase is responsible for the growth of the segment.Form Outlook
On the basis of form, the lactase market is divided into liquid and dry. The liquid segment acquired the largest revenue share in the lactase market in 2021. Since liquid lactase quickens biological and chemical processes, it is perfect for food and beverages. In addition, the lactase enzyme is diluted because it is in a liquid form and can potentially be used at lower dilutions, depending on the application. The availability of lactase liquid drops that enable people to consume dairy rather immediately is the main benefit of this form, and as such is accountable for the segment’s expansion.Application Outlook
Based on application, the lactase market is segmented into food & beverages and pharmaceutical products & dietary supplements. The food and beverages segment witnessed the maximum revenue share in the lactase market in 2021. Some individuals are unable to manufacture the lactase enzyme in the small intestines. People with lactase deficiencies cannot digest the natural disaccharide available in milk and milk products without it. When lactase is added to milk, the naturally occurring lactose in the milk is hydrolyzed, leaving it mildly sweet yet digestible. This characteristic of the enzyme broadens its use in the food and beverage sector and thus boosts the segment’s growth.Regional Outlook
On the basis of region, the lactase market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment recorded the maximum revenue share in the lactase market in 2021. The region's large population of lactose intolerant people presents a growth potential for the North American lactase market. The American Academy of Pediatrics (AAP) advises against encouraging persons who have lactose intolerance to consume milk or any other dairy product because these foods give the body essential nutrients like calcium. In order to meet the increasing demand for lactose-free products in North America opens up a rich possibility for marketing various lactose-free products.Lactase Market Competition Analysis
The major strategies followed by the market participants are Product Launches and Acquisitions. Based on the Analysis presented in the Cardinal matrix; DuPont de Nemours, Inc. is the forerunner in the Lactase Market. Companies such as Koninklijke DSM N.V., Kerry Group PLC, Novozymes A/S are some of the key innovators in Lactase Market.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group PLC, Koninklijke DSM N.V., DuPont de Nemours, Inc., Novozymes A/S (Novo Holdings A/S), Chr. Hansen Holding A/S, Advanced Enzyme Technologies Limited, Oenon Holdings, Inc., Mitushi Biopharma, Natural Factors, and Amano Enzyme, Inc.
Recent Strategies Deployed in Lactase Market
Partnerships, Collaborations and Agreements:
- Feb-2021: Kerry and Pharma Foods International Co. Ltd. (PFI), a functional food ingredient development and sales company signed a partnership that would develop, apply and sell global joint health ingredient technology for functional foods & beverages and dietary supplements to offer it to Kerry's global customers
Product Launches and Expansions:
- Nov-2020: Royal DSM unveiled its new Maxilact® Super lactase enzyme. With this launch, Royal DSM would aim to develop DSM's offering of Maxilact lactases which would allow dairy manufacturers to build clean tasting lactose-free and sugar-reduced dairy
- Nov-2020: Chr. Hansen announced the launch of next-generation Premium cultures YoFlex® Premium and nu-trish® that would produce a healthy high-textured yogurt, reducing the requirement for added ingredients
- Oct-2020: Novozymes and Firmenich, a privately owned perfume and taste company unveiled their mutually developed natural sugar reduction solution TasteGEM SWL, a sugar reduction solution, with Saphera lactase, a lactase enzyme. Combining both TasteGEM SWL with Saphera lactase, this technology would reduce sugar by up to 50% present in yogurt and other dairy products without the usage of sweeteners
Acquisitions and Mergers:
- Feb-2022: Kerry completed the acquisition of two biotechnology companies, C-LEcta, a biotechnology innovation company, and Enmex which is an enzyme manufacturer. This acquisition would enhance the company's fermentation and enzyme capabilities
- Oct-2021: Royal DSM, completed the acquisition of First Choice Ingredients, a leading supplier of dairy-based savory flavorings. With this acquisition, DSM would strengthen the growth of First Choice Ingredients by delivering their products outside the US to serve the worldwide customer base. Moreover, DSM would integrate First Choice Ingredients' solutions into DSM's offering to deal with taste, texture, and health for Food & Beverage customers
- Nov-2020: Kerry completed the acquisition of Canadian company Bio-K Plus International, a probiotic company with a range of clinically supported probiotic beverage and supplement applications. This acquisition would broaden Kerry's current suite of probiotics
- Jun-2020: Novozymes completed the acquisition of PrecisionBiotics Group Limited, a healthcare company. This acquisition would focus on human health to make growth in Novozymes' business
Geographical Expansions:
- May-2022: Kerry Group expanded its geographical footprint by opening an advanced taste manufacturing facility in Africa. Based in KwaZulu-Natal, South Africa, this facility would provide aid in producing sustainable nutrition solutions to meet the demands of consumers across the African continent
- Jan-2022: Kerry Group expanded its business to Jeddah, Saudi Arabia, the company's largest plant in the Middle East, North Africa, and Turkey region. This plant would be utilized in the production of sustainable food ingredients to distribute them all over the Middle East
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverages
- Milk
- Yogurt
- Cheese
- Ice cream
- Others
- Pharmaceutical Products & Dietary Supplements
By Source
- Yeast
- Fungi
- Bacteria
By Form
- Liquid
- Dry
By Geography
North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Kerry Group PLC
- Koninklijke DSM N.V
- DuPont de Nemours, Inc
- Novozymes A/S (Novo Holdings A/S)
- Chr. Hansen Holding A/S
- Advanced Enzyme Technologies Limited
- Oenon Holdings, Inc
- Mitushi Biopharma
- Natural Factors
- Amano Enzyme, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Lactase Market, by Application
1.4.2 Global Lactase Market, by Source
1.4.3 Global Lactase Market, by Form
1.4.4 Global Lactase Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Approvals and Trials
3.2.5 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Global Lactase Market by Application
4.1 Global Food & Beverages Market by Region
4.2 Global Lactase Market by Food & Beverages Type
4.2.1 Global Milk Market by Region
4.2.2 Global Yogurt Market by Region
4.2.3 Global Cheese Market by Region
4.2.4 Global Ice cream Market by Region
4.2.5 Global Others Market by Region
4.3 Global Pharmaceutical Products & Dietary Supplements Market by Region
Chapter 5. Global Lactase Market by Source
5.1 Global Yeast Market by Region
5.2 Global Fungi Market by Region
5.3 Global Bacteria Market by Region
Chapter 6. Global Lactase Market by Form
6.1 Global Liquid Market by Region
6.2 Global Dry Market by Region
Chapter 7. Global Lactase Market by Region
7.1 North America Lactase Market
7.1.1 North America Lactase Market by Application
7.1.1.1 North America Food & Beverages Market by Country
7.1.1.2 North America Lactase Market by Food & Beverages Type
7.1.1.2.1 North America Milk Market by Country
7.1.1.2.2 North America Yogurt Market by Country
7.1.1.2.3 North America Cheese Market by Country
7.1.1.2.4 North America Ice cream Market by Country
7.1.1.2.5 North America Others Market by Country
7.1.1.3 North America Pharmaceutical Products & Dietary Supplements Market by Country
7.1.2 North America Lactase Market by Source
7.1.2.1 North America Yeast Market by Country
7.1.2.2 North America Fungi Market by Country
7.1.2.3 North America Bacteria Market by Country
7.1.3 North America Lactase Market by Form
7.1.3.1 North America Liquid Market by Country
7.1.3.2 North America Dry Market by Country
7.1.4 North America Lactase Market by Country
7.1.4.1 US Lactase Market
7.1.4.1.1 US Lactase Market by Application
7.1.4.1.1.1 US Lactase Market by Food & Beverages Type
7.1.4.1.2 US Lactase Market by Source
7.1.4.1.3 US Lactase Market by Form
7.1.4.2 Canada Lactase Market
7.1.4.2.1 Canada Lactase Market by Application
7.1.4.2.1.1 Canada Lactase Market by Food & Beverages Type
7.1.4.2.2 Canada Lactase Market by Source
7.1.4.2.3 Canada Lactase Market by Form
7.1.4.3 Mexico Lactase Market
7.1.4.3.1 Mexico Lactase Market by Application
7.1.4.3.1.1 Mexico Lactase Market by Food & Beverages Type
7.1.4.3.2 Mexico Lactase Market by Source
7.1.4.3.3 Mexico Lactase Market by Form
7.1.4.4 Rest of North America Lactase Market
7.1.4.4.1 Rest of North America Lactase Market by Application
7.1.4.4.1.1 Rest of North America Lactase Market by Food & Beverages Type
7.1.4.4.2 Rest of North America Lactase Market by Source
7.1.4.4.3 Rest of North America Lactase Market by Form
7.2 Europe Lactase Market
7.2.1 Europe Lactase Market by Application
7.2.1.1 Europe Food & Beverages Market by Country
7.2.1.2 Europe Lactase Market by Food & Beverages Type
7.2.1.2.1 Europe Milk Market by Country
7.2.1.2.2 Europe Yogurt Market by Country
7.2.1.2.3 Europe Cheese Market by Country
7.2.1.2.4 Europe Ice cream Market by Country
7.2.1.2.5 Europe Others Market by Country
7.2.1.3 Europe Pharmaceutical Products & Dietary Supplements Market by Country
7.2.2 Europe Lactase Market by Source
7.2.2.1 Europe Yeast Market by Country
7.2.2.2 Europe Fungi Market by Country
7.2.2.3 Europe Bacteria Market by Country
7.2.3 Europe Lactase Market by Form
7.2.3.1 Europe Liquid Market by Country
7.2.3.2 Europe Dry Market by Country
7.2.4 Europe Lactase Market by Country
7.2.4.1 Germany Lactase Market
7.2.4.1.1 Germany Lactase Market by Application
7.2.4.1.1.1 Germany Lactase Market by Food & Beverages Type
7.2.4.1.2 Germany Lactase Market by Source
7.2.4.1.3 Germany Lactase Market by Form
7.2.4.2 UK Lactase Market
7.2.4.2.1 UK Lactase Market by Application
7.2.4.2.1.1 UK Lactase Market by Food & Beverages Type
7.2.4.2.2 UK Lactase Market by Source
7.2.4.2.3 UK Lactase Market by Form
7.2.4.3 France Lactase Market
7.2.4.3.1 France Lactase Market by Application
7.2.4.3.1.1 France Lactase Market by Food & Beverages Type
7.2.4.3.2 France Lactase Market by Source
7.2.4.3.3 France Lactase Market by Form
7.2.4.4 Russia Lactase Market
7.2.4.4.1 Russia Lactase Market by Application
7.2.4.4.1.1 Russia Lactase Market by Food & Beverages Type
7.2.4.4.2 Russia Lactase Market by Source
7.2.4.4.3 Russia Lactase Market by Form
7.2.4.5 Spain Lactase Market
7.2.4.5.1 Spain Lactase Market by Application
7.2.4.5.1.1 Spain Lactase Market by Food & Beverages Type
7.2.4.5.2 Spain Lactase Market by Source
7.2.4.5.3 Spain Lactase Market by Form
7.2.4.6 Italy Lactase Market
7.2.4.6.1 Italy Lactase Market by Application
7.2.4.6.1.1 Italy Lactase Market by Food & Beverages Type
7.2.4.6.2 Italy Lactase Market by Source
7.2.4.6.3 Italy Lactase Market by Form
7.2.4.7 Rest of Europe Lactase Market
7.2.4.7.1 Rest of Europe Lactase Market by Application
7.2.4.7.1.1 Rest of Europe Lactase Market by Food & Beverages Type
7.2.4.7.2 Rest of Europe Lactase Market by Source
7.2.4.7.3 Rest of Europe Lactase Market by Form
7.3 Asia Pacific Lactase Market
7.3.1 Asia Pacific Lactase Market by Application
7.3.1.1 Asia Pacific Food & Beverages Market by Country
7.3.1.2 Asia Pacific Lactase Market by Food & Beverages Type
7.3.1.2.1 Asia Pacific Milk Market by Country
7.3.1.2.2 Asia Pacific Yogurt Market by Country
7.3.1.2.3 Asia Pacific Cheese Market by Country
7.3.1.2.4 Asia Pacific Ice cream Market by Country
7.3.1.2.5 Asia Pacific Others Market by Country
7.3.1.3 Asia Pacific Pharmaceutical Products & Dietary Supplements Market by Country
7.3.2 Asia Pacific Lactase Market by Source
7.3.2.1 Asia Pacific Yeast Market by Country
7.3.2.2 Asia Pacific Fungi Market by Country
7.3.2.3 Asia Pacific Bacteria Market by Country
7.3.3 Asia Pacific Lactase Market by Form
7.3.3.1 Asia Pacific Liquid Market by Country
7.3.3.2 Asia Pacific Dry Market by Country
7.3.4 Asia Pacific Lactase Market by Country
7.3.4.1 China Lactase Market
7.3.4.1.1 China Lactase Market by Application
7.3.4.1.1.1 China Lactase Market by Food & Beverages Type
7.3.4.1.2 China Lactase Market by Source
7.3.4.1.3 China Lactase Market by Form
7.3.4.2 Japan Lactase Market
7.3.4.2.1 Japan Lactase Market by Application
7.3.4.2.1.1 Japan Lactase Market by Food & Beverages Type
7.3.4.2.2 Japan Lactase Market by Source
7.3.4.2.3 Japan Lactase Market by Form
7.3.4.3 India Lactase Market
7.3.4.3.1 India Lactase Market by Application
7.3.4.3.1.1 India Lactase Market by Food & Beverages Type
7.3.4.3.2 India Lactase Market by Source
7.3.4.3.3 India Lactase Market by Form
7.3.4.4 South Korea Lactase Market
7.3.4.4.1 South Korea Lactase Market by Application
7.3.4.4.1.1 South Korea Lactase Market by Food & Beverages Type
7.3.4.4.2 South Korea Lactase Market by Source
7.3.4.4.3 South Korea Lactase Market by Form
7.3.4.5 Singapore Lactase Market
7.3.4.5.1 Singapore Lactase Market by Application
7.3.4.5.1.1 Singapore Lactase Market by Food & Beverages Type
7.3.4.5.2 Singapore Lactase Market by Source
7.3.4.5.3 Singapore Lactase Market by Form
7.3.4.6 Malaysia Lactase Market
7.3.4.6.1 Malaysia Lactase Market by Application
7.3.4.6.1.1 Malaysia Lactase Market by Food & Beverages Type
7.3.4.6.2 Malaysia Lactase Market by Source
7.3.4.6.3 Malaysia Lactase Market by Form
7.3.4.7 Rest of Asia Pacific Lactase Market
7.3.4.7.1 Rest of Asia Pacific Lactase Market by Application
7.3.4.7.1.1 Rest of Asia Pacific Lactase Market by Food & Beverages Type
7.3.4.7.2 Rest of Asia Pacific Lactase Market by Source
7.3.4.7.3 Rest of Asia Pacific Lactase Market by Form
7.4 LAMEA Lactase Market
7.4.1 LAMEA Lactase Market by Application
7.4.1.1 LAMEA Food & Beverages Market by Country
7.4.1.2 LAMEA Lactase Market by Food & Beverages Type
7.4.1.2.1 LAMEA Milk Market by Country
7.4.1.2.2 LAMEA Yogurt Market by Country
7.4.1.2.3 LAMEA Cheese Market by Country
7.4.1.2.4 LAMEA Ice cream Market by Country
7.4.1.2.5 LAMEA Others Market by Country
7.4.1.3 LAMEA Pharmaceutical Products & Dietary Supplements Market by Country
7.4.2 LAMEA Lactase Market by Source
7.4.2.1 LAMEA Yeast Market by Country
7.4.2.2 LAMEA Fungi Market by Country
7.4.2.3 LAMEA Bacteria Market by Country
7.4.3 LAMEA Lactase Market by Form
7.4.3.1 LAMEA Liquid Market by Country
7.4.3.2 LAMEA Dry Market by Country
7.4.4 LAMEA Lactase Market by Country
7.4.4.1 Brazil Lactase Market
7.4.4.1.1 Brazil Lactase Market by Application
7.4.4.1.1.1 Brazil Lactase Market by Food & Beverages Type
7.4.4.1.2 Brazil Lactase Market by Source
7.4.4.1.3 Brazil Lactase Market by Form
7.4.4.2 Argentina Lactase Market
7.4.4.2.1 Argentina Lactase Market by Application
7.4.4.2.1.1 Argentina Lactase Market by Food & Beverages Type
7.4.4.2.2 Argentina Lactase Market by Source
7.4.4.2.3 Argentina Lactase Market by Form
7.4.4.3 UAE Lactase Market
7.4.4.3.1 UAE Lactase Market by Application
7.4.4.3.1.1 UAE Lactase Market by Food & Beverages Type
7.4.4.3.2 UAE Lactase Market by Source
7.4.4.3.3 UAE Lactase Market by Form
7.4.4.4 Saudi Arabia Lactase Market
7.4.4.4.1 Saudi Arabia Lactase Market by Application
7.4.4.4.1.1 Saudi Arabia Lactase Market by Food & Beverages Type
7.4.4.4.2 Saudi Arabia Lactase Market by Source
7.4.4.4.3 Saudi Arabia Lactase Market by Form
7.4.4.5 South Africa Lactase Market
7.4.4.5.1 South Africa Lactase Market by Application
7.4.4.5.1.1 South Africa Lactase Market by Food & Beverages Type
7.4.4.5.2 South Africa Lactase Market by Source
7.4.4.5.3 South Africa Lactase Market by Form
7.4.4.6 Nigeria Lactase Market
7.4.4.6.1 Nigeria Lactase Market by Application
7.4.4.6.1.1 Nigeria Lactase Market by Food & Beverages Type
7.4.4.6.2 Nigeria Lactase Market by Source
7.4.4.6.3 Nigeria Lactase Market by Form
7.4.4.7 Rest of LAMEA Lactase Market
7.4.4.7.1 Rest of LAMEA Lactase Market by Application
7.4.4.7.1.1 Rest of LAMEA Lactase Market by Food & Beverages Type
7.4.4.7.2 Rest of LAMEA Lactase Market by Source
7.4.4.7.3 Rest of LAMEA Lactase Market by Form
Chapter 8. Company Profiles
8.1 Kerry Group PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.5.3 Geographical Expansions:
8.2 Koninklijke DSM N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.3 DuPont de Nemours, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Approvals and Trials:
8.4 Novozymes A/S (Novo Holdings A/S)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisitions and Mergers:
8.4.5.2 Product Launches and Product Expansions:
8.5 Chr. Hansen Holding A/S
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segment & Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 Advanced Enzyme Technologies Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Research & Development Expenses
8.7 Oenon Holdings, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.8 Mitushi Biopharma
8.8.1 Company Overview
8.9 Natural Factors
8.9.1 Company Overview
8.10. Amano Enzyme, Inc.
8.10.1 Company Overview
Companies Mentioned
- Kerry Group PLC
- Koninklijke DSM N.V.
- DuPont de Nemours, Inc.
- Novozymes A/S (Novo Holdings A/S)
- Chr. Hansen Holding A/S
- Advanced Enzyme Technologies Limited
- Oenon Holdings, Inc.
- Mitushi Biopharma
- Natural Factors
- Amano Enzyme, Inc.
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 238 |
| Published | January 2023 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 230.2 Million |
| Forecasted Market Value ( USD | $ 355.2 Million |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
