The global market for Rennet was valued at US$727 Million in 2024 and is projected to reach US$897.7 Million by 2030, growing at a CAGR of 3.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The rennet market has evolved significantly over the years, driven by both technological advancements and changing consumer preferences. Traditionally, animal-derived rennet from the stomachs of unweaned calves was the primary source for cheese production. However, ethical concerns and cost factors have led to the exploration and adoption of alternative rennet sources. Microbial rennet, produced by fermenting specific bacteria or fungi, has become a popular alternative due to its cost-effectiveness and suitability for vegetarian diets. Furthermore, genetically engineered rennet, where chymosin genes are inserted into microbes, offers a consistent and reliable enzyme source, meeting the large-scale demands of modern cheese production. Plant-based rennet, derived from sources such as thistles or fig leaves, provides another option, particularly for artisanal and specialty cheeses, though its variable enzyme activity can affect consistency and flavor.
The growth in the rennet market is driven by several factors. Increasing consumer demand for vegetarian and vegan food products has spurred the development and adoption of microbial and plant-based rennet. Advances in biotechnology have enabled the efficient production of genetically engineered rennet, ensuring a stable supply that meets the needs of large-scale cheese manufacturers. Additionally, the growing cheese consumption globally, driven by the rising popularity of western diets and culinary practices in emerging markets, has boosted the demand for all types of rennet. Environmental and ethical considerations are also playing a significant role, with consumers and producers alike seeking sustainable and humane alternatives to traditional animal rennet. The expansion of specialty and artisanal cheese markets further drives the demand for diverse rennet sources, as cheesemakers experiment with different types to achieve unique textures and flavors.
Rennet- Key Trends and Drivers
Rennet is a complex set of enzymes produced in the stomachs of ruminant mammals, such as calves, lambs, and goats. It is primarily used in the cheese-making process to coagulate milk, causing it to separate into solids (curds) and liquid (whey). This enzymatic action is crucial for the production of a wide variety of cheeses, impacting the texture, flavor, and overall quality of the final product. Rennet can be sourced from animal, microbial, and plant origins, each with distinct characteristics and applications in the dairy industry.The rennet market has evolved significantly over the years, driven by both technological advancements and changing consumer preferences. Traditionally, animal-derived rennet from the stomachs of unweaned calves was the primary source for cheese production. However, ethical concerns and cost factors have led to the exploration and adoption of alternative rennet sources. Microbial rennet, produced by fermenting specific bacteria or fungi, has become a popular alternative due to its cost-effectiveness and suitability for vegetarian diets. Furthermore, genetically engineered rennet, where chymosin genes are inserted into microbes, offers a consistent and reliable enzyme source, meeting the large-scale demands of modern cheese production. Plant-based rennet, derived from sources such as thistles or fig leaves, provides another option, particularly for artisanal and specialty cheeses, though its variable enzyme activity can affect consistency and flavor.
The growth in the rennet market is driven by several factors. Increasing consumer demand for vegetarian and vegan food products has spurred the development and adoption of microbial and plant-based rennet. Advances in biotechnology have enabled the efficient production of genetically engineered rennet, ensuring a stable supply that meets the needs of large-scale cheese manufacturers. Additionally, the growing cheese consumption globally, driven by the rising popularity of western diets and culinary practices in emerging markets, has boosted the demand for all types of rennet. Environmental and ethical considerations are also playing a significant role, with consumers and producers alike seeking sustainable and humane alternatives to traditional animal rennet. The expansion of specialty and artisanal cheese markets further drives the demand for diverse rennet sources, as cheesemakers experiment with different types to achieve unique textures and flavors.
Report Scope
The report analyzes the Rennet market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Type (Animal-Derived Rennet, Microbial Rennet, FPC-Fermentation Produced Chymosin Rennet, Vegetable Rennet); Form (Liquid Form, Powder Form, Paste Form); Application (Cheese Application, Dessert Application, Yogurt Application, Other Applications).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Animal-Derived Rennet segment, which is expected to reach US$362.2 Million by 2030 with a CAGR of a 3.9%. The Microbial Rennet segment is also set to grow at 2.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $196.1 Million in 2024, and China, forecasted to grow at an impressive 6.9% CAGR to reach $188 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AFFCO Holdings Limited, Armor Proteines, Bhole Baba Milk Food Industries Ltd., Calza Clemente s.r.l, Chr. Hansen Holding A/S and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Rennet Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Rennet Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Rennet Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 74 major companies featured in this Rennet market report include:
- AFFCO Holdings Limited
- Armor Proteines
- Bhole Baba Milk Food Industries Ltd.
- Calza Clemente s.r.l
- Chr. Hansen Holding A/S
- Clarion Casein Ltd.
- Fonterra Co-Operative Group Limited
- Hebei Yoko Biotech Co. Ltd.
- Koninklijke DSM NV
- Mayasan A.S.
- Maysa Gida
- Punature Food Ingredient Co. Ltd.
- RENCO New Zealand
- Sacco srl
- Walcovit, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AFFCO Holdings Limited
- Armor Proteines
- Bhole Baba Milk Food Industries Ltd.
- Calza Clemente s.r.l
- Chr. Hansen Holding A/S
- Clarion Casein Ltd.
- Fonterra Co-Operative Group Limited
- Hebei Yoko Biotech Co. Ltd.
- Koninklijke DSM NV
- Mayasan A.S.
- Maysa Gida
- Punature Food Ingredient Co. Ltd.
- RENCO New Zealand
- Sacco srl
- Walcovit, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 413 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 727 Million |
| Forecasted Market Value ( USD | $ 897.7 Million |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
