Lactase Market Size, Share, Industry Overview, Trends, Growth Drivers, Top Companies, and Regional Analysis

Lactase Market Size, Share, Industry Overview, Trends, Growth Drivers, Top Companies, and Regional Analysis
MarketsandMarkets™
Lactase Market by Source (Yeast, Fungi, and Bacteria), Form (Liquid and Dry), Application (Food & Beverages and Pharmaceutical products & Dietary Supplements), Region (North America, Europe, Asia Pacific, South America and RoW) – Global Forecast to 2027

The global lactase market size is projected to reach USD 336 million by 2027, at a CAGR of 6.3%, in terms of value, between 2022 and 2027. It is estimated to be valued at USD 247 million in 2022. Lactose is a type of sugar found in milk and other dairy products, lactase is an enzyme that helps in breaking down the milk sugar lactose into simple sugars, namely glucose and galactose. Factors, such as increasing demand for lactose-free and rising product development & innovations in other application areas like pharmaceutical, dietary supplements, and infant nutrition are expected to boost the demand for lactase on a global level. Key players in the market are introducing new food products like lactose-free cream, ice cream, and milk alternatives to address the growing lactase-deficient population.

 Lactase Market

Lactase Market Trends

The lactase market has been witnessing several notable trends in recent years, driven by changing consumer preferences, dietary habits, and technological advancements. Here are some key trends:

Increasing Demand for Lactose-Free Products: With growing awareness about lactose intolerance and dairy allergies, there has been a significant increase in the demand for lactose-free dairy products. Lactase enzymes are crucial in the production of these products, driving the growth of the lactase market.

Rising Health Consciousness: Consumers are becoming more health-conscious and are seeking healthier alternatives to traditional dairy products. Lactase enables the production of lactose-free and low-lactose dairy products, which are perceived as healthier options, driving market growth.

Expansion of the Food and Beverage Industry: The food and beverage industry continues to expand globally, with a focus on product innovation and catering to diverse consumer preferences. Lactase enzymes are used in various food and beverage applications to enhance taste, texture, and shelf-life, driving market demand.

Technological Advancements: Advancements in enzyme engineering and biotechnology have led to the development of more efficient and cost-effective lactase enzymes. These advancements have contributed to the expansion of the lactase market, enabling manufacturers to produce lactose-free products at a larger scale and lower cost.

Growing Vegan and Plant-Based Trends: The increasing popularity of vegan and plant-based diets has created a demand for dairy alternatives. Lactase enzymes are used in the production of plant-based dairy products, such as almond milk and soy milk, to improve their taste and texture, driving market growth.

Lactase Market Drivers: Growing lactose intolerance in infants and adults

The development of primary lactose intolerance is temporary and found in premature infants before their small intestine is fully developed. Secondary intolerance is seen in adults when they have a digestive issue in the small intestine. Secondary lactose intolerance is triggered by conditions such as Crohn’s disease or gastroenteritis. According to the National Center for Biotechnology Information (NCBI), nearly 65% of the global population is prone to lactase deficiency. Thus, this has led to an increase in the production of lactose-free dairy products, which helps the lactose-intolerant population to avoid gastrointestinal problems.

Lactase Market Opportunities: Enhanced research and development to find new sources of lactase extraction and enzyme application

There are different sources from which the lactase enzyme is extracted. However, recent research and development are mainly focused on finding newer alternatives like bacteria and fungi as a source to extract the enzyme. Enzymes are also used to improve the nutritional value of food and feed products. In addition, enzymes reduce water consumption and chemical waste and decrease by-product generation, posing negligible risks to humans and the ecosystem. Lactase enzymes obtained from fungal sources have acidic pH and are stable which may have wide application in the food and beverages industry, as it has to undergo different production processes.

By source, the bacteria segment is projected to grow at the highest CAGR in terms of value, in the lactase market during the forecast period.

According to the source, the bacteria segment is projected to experience the highest compound annual growth rate (CAGR) in terms of value during the forecast period in the lactase market. The lactase gene from bacterial sources is derived from three primary bacteria: Lactobacillus acidophilus, Bifidobacterium longum, and Enterococcus faecalis. These bacteria are non-pathogenic and exhibit higher enzymatic activity in the production of lactose-free products. Due to their non-pathogenic nature, lactase enzymes sourced from these bacteria are used in human nutrition and medicinal applications.

By application, the food & beverages segment is estimated to occupy the largest market share in terms of value

The food and beverages sector is expected to hold the largest share of the lactase market. Lactase is an enzyme that some individuals cannot produce in their small intestines, making them unable to digest lactose, the natural disaccharide found in milk. By adding lactase to milk, the lactose is hydrolyzed, making the milk slightly sweeter but easier to digest. This characteristic of lactase significantly enhances its use in the food and beverages industry.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125332780

Asia Pacific is projected to grow with the highest CAGR in the lactase market during the forecast period

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period and occupies a significant share in the global lactase market. The increasing awareness regarding lactose intolerance in both adults and infants is gaining momentum in the region. Additionally, the demand for lactose-reduced infant formula and lactose-free products for adult nutrition is significantly catering to the growth of the lactase market in the region. Asia Pacific is also witnessing significant expansion in terms of production by key players operating in the market. The regional manufacturers are currently focusing on new product developments and strategic deals such as partnerships, collaborations, and expansions to create more awareness among consumers and cater to the growing demand.

Top Lactase Companies

CHR. Hansen Holdings A/S (Denmark) 

Kerry Group plc. (Ireland)

Koninklijke DSM N.V. (the Netherlands)

Novozymes A/S (Denmark)

Merck KGaA (Denmark)

IFF (US)

Amano Enzyme Inc. (Japan)

Advanced Enzyme Technologies (India)

Novact Corporation (US)

Browse Related Reports:

Dairy Ingredients Market

Food Enzymes Market

About MarketsandMarkets™

MarketsandMarketsTM has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/lactase-market-125332780.html