Vancouver, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) -- The global lactase market size is projected to reach USD 357.1 Million in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing research and development activities for introduction of more advanced lactase enzymes for the development of milk-based ice creams, cream spreads, and other lactose-free products. The food industry is increasingly utilizing lactase enzymes to catalyze lactose hydrolysis for producing probiotic yogurt, lactose-free milk, ice creams, and other delicacies, which is driving growth of the lactase market. Increasing investments by major companies such as DSM, Amani Enzyme, and DuPont for development of new lactase enzymes is projected to boost growth of the global lactase market during the forecast period.

Claim Your FREE Sample Copy with Table of content@ https://www.emergenresearch.com/request-sample/627

Rising demand for dairy-free alternatives due to food allergies and intolerances is expected to restrain growth of the lactase market to a certain extent during the forecast period. High processing costs involved in lactase extraction is another key factor that is expected to hamper demand for lactase enzymes during the forecast period.

Some Key Highlights From the Report

• Key players in the market include CHR. HANSEN HOLDINGS A/S, Kerry Group, Koninklijke DSM N.V., Novozymes, Merck KGaA, DuPont, Amano Enzyme, Advanced Enzyme Technologies, Mitushi Biopharma, and Rajvi Enterprise.
• In March 2020, Novozymes launched a new lactase enzyme named Saphera Fiber to increase the content of fibers in dairy products, while also reducing sugar in fermented and non-fermented dairy products. The new lactase is expected to help dairies bring new innovation to the market, as it enables development of products with nutritional claims.
• Dry segment accounted for a significant revenue share in the lactase market in 2020. Increasing number of lactose-intolerant cases around the world, coupled with growing concerns regarding digestive issues, is driving demand for powder-based lactase as it is a non-toxic biological enzyme.
• Bacteria-based lactase segment accounted for a significant revenue share in the lactase market in 2020. Increasing research and development activities regarding lactase extraction through other sources such as bacteria is expected to drive revenue growth of the bacteria segment.
• Food & beverage segment revenue is expected to expand at a rapid CAGR during the forecast period. Increasing demand for lactose-free products among health-conscious consumers due to food allergies and intolerance of dairy products is boosting demand for lactase enzymes among dairy manufacturers.
• Revenue from the lactase market in the Asia Pacific is expected to expand at a rapid rate during the forecast period. Advancements in food & beverage industries in various countries such as India, China, and Vietnam is expected to open up more lucrative opportunities for lactose-free dairy product manufacturers.

Check Our Prices@ https://www.emergenresearch.com/select-license/627
Emergen Research has segmented the global lactase market on the basis of form, source, application, and region:

• Form Outlook (Revenue, USD Million; 2018–2028)
  • Liquid
  • Dry
• Source Outlook (Revenue, USD Million; 2018–2028)
  • Yeast
  • Fungi
  • Bacteria      
• Application Outlook (Revenue, USD Million; 2018–2028)
  • Food & beverage (Cheese, milk, ice-cream, yoghurt)
  • Dietary supplements
  • Pharmaceutical products    

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends:   https://www.emergenresearch.com/industry-report/lactase-market

• Regional Outlook (Revenue, USD Million; 2018–2028)
  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Italy
    5. Spain
    6. BENELUX
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Rest of MEA

Take a Look at our Related Reports:

Topical Drug Delivery Market By Product Form (Semi-Solid, Solid Formulations, Transdermal Products, and Liquid Formulations), By Route (Dermal, Ophthalmic, Nasal, Others), By End-Use (Hospitals, Home Healthcare, Clinics, Diagnostic Centers, Burn Center), and By Regions

Medical Smart Textiles Market By Technology (Textile Sensors, Wearable Technology), By Application (Surgery, Bio-Monitoring, Therapy, and Wellness), By End-use (Hospitals and Clinics, Medical Academic and Research Center), and By Region

Operating Room Management Solutions Market By Solution Type (Data management and communication solutions, Operating room supply management solutions, Anesthesia information management solutions, Operating room scheduling solutions, Performance management solutions), By Mode of Deployment (Ob-premises, Cloud-based), By End-Use (Hospitals, Ambulatory surgical centers), and By Region

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkedIn | Twitter | Blogs

Read Full Press Release@ https://www.emergenresearch.com/press-release/global-lactase-market