The ubiquity of lactose intolerance around the world and the subsequent health issues are considered to be the prime dynamics for the growth of the Neutral Lactase Market. On the back of the prevailing corporate world entangled with hectic schedules, the changing lifestyles across the globe have been severely affecting the food habits and health conditions of the millennial population across the world. Moreover, there is a decline in the immunity strength of people across the world. Consequently, a new wave of disorders surfaced where people have become allergic or incapable of digesting certain foods. One of the most common disorders in lactose intolerance, the inability to digest lactose, a sugar substance generally found in milk and other milk products. According to the National Center for Biotechnology Information (NCBI), the global prevalence of lactose intolerance was estimated to be around 70%.
The disorder is caused due to the deficiency of the lactase or beta-galactosidase enzyme. This enzyme is present in the small intestine and helps in digesting lactose by breaking it into glucose and galactose, which are directly dissolved in the bloodstream. Thus the deficiency of lactase enzyme leads to the indigestion of dairy products. This further leads to digestive symptoms such as abdominal pain, bloating, excess flatulence, diarrhea, and nausea after consuming foods or drinks containing lactose. To counter this problem, lactase was made available to the consumers as a food supplement by various dairy producers. Initially, all these products use acid lactase in a formulation that makes enzyme activity available in the stomach, which is destroyed within 15 to 45 min by gastric juice and consequently made it difficult for the user to find a dosage of the enzyme that facilitates complete degradation of the lactose taken up with food. This, as a consequence, fuelled the formulation of neutral lactase which is enteric-coated with shellac, thereby preventing the destruction of lactase by gastric juice. Therefore the growing prevalence of lactose intolerance in conjunction with the increasing concerns regarding digestive issues is proliferating the demand in the neutral lactase market.The report covers Neutral Lactase Market size by type and applications, Neutral Lactase Market share by top 5 companies and also the market share by start-ups during the forecast period.
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As of 2018, the Global Neutral Lactase Market was evaluated to value at $120 million, and the demand for the product is poised to propel at a standard CAGR of 6.2% during the forecast period 2019-2025.
Increasing Consumption of Milk and Milk Related Products Creating Growth Prospects for the Neutral Lactase Market—
Based on application, milk is considered to be the key segment that is anticipated to create a significant demand influx in the neutral lactase market. This is mainly due to the increasing production of milk across the world. According to the Food and Agriculture Organization (FAO), the worldwide production of milk clocked 811 million tons in 2017, 1.4% more than in 2016, and it is projected to increase by 22% by 2027. Owing to the rising demand for lactose-free dairy products, the milk and milk products manufacturers are increasingly utilizing neutral lactase enzymes to develop the stated products. Thus the key application segment is poised to propel at a CAGR of 5.7% through to 2025.
Neutral Lactase Market Leveraging Dairy Producers in North America—
Geographically, North America was considered to be the major revenue generator for the neutral lactase market with a demand share of 36.5% in 2018, and it is estimated to secure its dominance throughout the forecast period. This is mainly attributed to the increasing consumption and milk and milk products in the region. The surge in the consumption of milk and related products can be perceived from the statistics furnished by Food and Agriculture Organization of the United Nations, according to which the amount of milk produced in North America was 1.8 million tones, a rise of 1.7% from 2016.[3] Moreover, with the increasing incidence of lactose intolerance, the demand for easy digestible dairy products has uplifted, which further obligated the food manufacturers in the region to add lactase to their range of products, thus leading to an augmented demand for neutral lactase. The lactase enzyme is commonly used in the food industry to catalyze the hydrolysis of lactose for making lactose-free milk, probiotic yogurt, ice creams, and other delicacies. Therefore, the burgeoning food and beverage industries in developed nations, including the United States, Canada, and Mexico, is considered to be contributing significantly to the market growth. Moreover, on the back of technological advancements and increasing economic status, the people are becoming health conscious and preferring low-calorie diets and demanding food products low in sugar and lactose. As the health and wellness trend is instigating the people to eat healthier and hygienic food, the products produced by using lactase enzymes have gained a stand-out health appeal, which is ultimately propelling the growth of the neutral lactase enzyme market. These factors have rendered North America with maximum share.
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Neutral Lactase Market Company’s Strategies—
Major companies that are crusading for the top share in the global neutral lactase market are Advanced Enzymes Technology Ltd., Chr. Hansen, DuPont, Amano Enzyme, Enzyme Development Corp., Royal DSM, Speciality Enzymes and Biotechnology, SternEnzym, and Novozymes. These companies are frequently investing in research and development activities to innovate novel products to build their brand name in the market. Moreover, the major players are adopting business strategies such as acquisitions, mergers, partnerships, expansions, and collaborations, to name a few. Some of the instances include:
In July 2017, Advanced Enzyme Technologies Ltd., an Indian enzyme manufacturer, has announced its decision to acquire Evoxx Technologies, a German industrial biotech company. This strategy is implemented to expand the company’s research and development activities, and also to fortify its presence in Europe. Moreover, the acquisition is intended for its lactase enzyme portfolio and attract potential customers.
In March 2018, Royal DSM, a global science-based company, launched the fastest neutral lactase enzyme, Maxilact Smart. This product increases the production efficiency sustainably and profitably, to meet the growing worldwide demand for lactose-free dairy. Moreover, this enzyme reduces your carbon footprint and energy consumption.
In March 2016, Novozymes introduced an innovative lactase enzyme, Saphera, made from Bifidobacterium bifidum. This new enzyme facilitates precise measuring and attaining desired lactose level. Moreover, as it works at low pH and elevated temperatures, it can be used not only for the production of lactose-free milk and other products but also for fermented dairy products.
Related Reports:
a) Lactose-Free Food Market
https://www.industryarc.com/Report/7456/lactose-free-food-market.html
b) Dairy Protein Market
https://www.industryarc.com/Report/18501/dairy-protein-market-research-report-analysis.html
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Lactose market size is expected to grow at a compound annual rate of 3.06% in the forecast period 2021 to 2028.
The rapid increase in the requirement for lactase enzymes in the dietary supplements is the factor responsible for the growth of lactose market in the forecast period of 2021 to 2028.Lactose is a milk sugar, made up of galactose, glucose and two sugar molecules that use sugar as energy source during acid production.
Moreover, the rise in the disposable incomes and the rise in the standards of living in developing nations are also expected to serve as foremost drivers for the lactose market at a global level.
In addition, the rise in the pharmaceutical industry, associated with the high demand for baked goods, confectionery, creams, and others and high consumption of processed foods are also lifting the growth of the lactose market.However, the lack of awareness among consumers about lactose and high cost refined edible grade lactose are projected to act as a restraint towards the growth of lactose market, whereas the easy accessibility of the substitute source can challenge the growth of the lactose market.Global Lactose Market, By Form (Powder, Granule), Derivative (Lactose Monohydrate, Galactose, Lactulose, Lactitol, Others), End User (Confectionery, Food and Beverages, Functional Foods, Animal Feed, Pharmaceutical, Cosmetics and Personal Care, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.Moreover, the rise in the R activities and the new product launches by the leading players and the rise in the trend of health consciousness among the consumers are expected to further generate new opportunities for the lactose market in the forecast period of 2021 to 2028.This lactose market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
To gain more info on lactose market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.Get Download Exclusive Sample Report (350 Pages PDF+ All Related Graphs & Charts) of Lactose Market Report Athttps://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-lactose-marketMarket Drivers and Restraints:On the basis of form, the lactose market has been segmented into powder and granule.On the basis derivative, the lactose market has been segmented into lactose monohydrate, galactose, lactulose, lactitol and others.
Others have further been segmented into tagatose and lactobionic acid.On the basis of end user, the lactose market has been segmented into direct and indirect.
The latest trending report Global Lactose Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Lactose market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 2.9% in the forecast period of 2020 to 2025 and will expected to reach USD 1189.7 million by 2025, from USD 1062.5 million in 2019.The Lactose market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/32771-lactose-free-food-market-analysis-reportThe major players covered in Lactose are: Glenstal Foods(Ireland) Armor Pharma(France) Kaskat Dairy(Poland) Glanbia Ingredients Ireland (Ireland) Fonterra(New Zealand) Interfood(Netherlands) Davisco Food International(US) Arla Foods(Denmark) Arion Dairy Products(Netherlands) Bayerische Milchindustrie(Germany) DMK Deutsches Milchkontor(Germany) Kerry Group(Ireland) Grande Cheese(US) Hilmar Ingredients(US)By Type, Lactose market has been segmented into Edible Lactose Pharmaceutical LactoseBy Application, Lactose has been segmented into: Confectionary Infant Nutrition Seasonings Bakery Chocolate Animal FeedThe report offers in-depth assessment of the growth and other aspects of the Lactose market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
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The Global PVC Window Profile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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The Global Polyvinyl Alcohol Fibers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
The growing market for cognitive solutions and increasing demand for brain training by next-generation tech-savvy population are contributing to the growth of the cognitive assessment and training market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1039Clinical trials in terms of application is expected to hold the largest market share in the cognitive assessment and training market during the forecast periodClinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes.
The assessment of cognitive functions is an integral part of decision-making during clinical drug development, as certain drugs can have an impact on the cognitive capabilities of the brain.
The market is expected to contribute the highest revenue for vendors offering clinical trials.Education vertical is expected to grow at the highest CAGR in the marketCognitive assessment solutions and services are used in the education vertical for screening prospective candidates for schools or colleges.
The leading cognitive assessment and training vendors for this vertical are Pearson Assessment and CogniFit.North America is expected to contribute to the largest market share and Asia-Pacific to grow at the highest CAGRNorth America is expected to hold the largest market share and to dominate the cognitive assessment and training market from 2016 to 2021, due to the increasing awareness among population about adopting medication for cognitive diseases.
The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.
The new report on the Cutlery market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2015 – 2019.
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The leading factors that are likely to impact the growth of the Cutlery Market over the assessment period are thoroughly analyzed in the report.Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S_id=5201To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions.
The key regions comprise the following geographical segments:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)East Asia (China, Japan, South Korea)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.
Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets.
