Study papers on Dairy Enzymes market and regional forecast. Dairy Enzymes market players are Chr. Hansen (Denmark), Dow DuPont (US), DSM (Netherlands), Novozymes (Denmark), KerryGroup (Ireland), Advanced Enzymes (India), Amano Enzyme (Japan), Connell Bros. (US), Biocatalysts (UK), SternEnzym (Germany), Enmex (Mexico), Fytozimus Biotech (Canada)
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Download Brochure of Dairy Enzymes Market spread across 119 pages, Profiling 12 Companies and Supported with 67 Tables and 34 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1338268
Dairy enzymes market is estimated at USD 519.4 million in 2017, and projected to grow at a CAGR of 7.18%, to reach USD 734.6 million by 2022.The market is driven by factors such as the increasing consumption of dairy products such as cheese, yogurt, and others, growing demand for low-lactose and lactose-free dairy products, and environmental benefits associated with enzymes. However, dairy allergies copulated with restricted operational conditions are among the major restricting factors for the dairy industry and, in turn, for the dairy enzymes market.
- Raw material suppliers
- Dairy enzyme manufacturers/suppliers, importers, and exporters
- Intermediary suppliers
- Consumers/End-user industries
Factors such as the increasing demand for processed dairy products coupled with rising awareness about low lactose and lactose-free dairy products among consumers will drive the dairy enzymes market in the region.
The global dairy enzymes market is segmented region-wise, with a detailed analysis of each region by studying the key markets.
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These regions include North America, Europe, Asia Pacific, and the Rest of the World (RoW).
Based on type, the microbial rennet segment is projected to grow at the highest CAGR during the forecast period. Microbial rennet is a coagulating agent and considered vegetarian-friendly as the enzyme produced by the microorganism is not derived from animals.
The cheese segment accounted for the largest share of the global dairy enzymes market in 2016 and is also projected to grow at the highest rate during the forecast period. Various microbes such as Aspergillus oryzae, Irpex, and Rhizomucor pusillus are extensively used for rennet production during the cheese making process.
Most cheese producers expedite the curdling process with rennet, lactic acid, or plant-based enzymes from wild artichokes, fig leaves, safflowers, or melons. Other than plants and microbes, enzymes are also extracted from young ruminants.
2 Market Ranking
3 Key Market Strategies
4 Competitive Scenario
4.1 Expansions & Investments
4.2 New Product Launches
4.3 Mergers & Acquisitions
4.4 Agreements, Partnerships, Collaborations, and Joint Ventures
Report at www.rnrmarketresearch.com/contacts/?rname=1338268
The report segments the dairy enzymes market based on type, source, application, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the dairy enzymes market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
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