Lactase market By Source (Yeast, Fungi and Bacteria), By Application (Food & Beverages, Pharmaceuticals and Dietary supplements), By Form (Powder, Liquid) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
Lactase Market Overview
The global Lactase market size was estimated at USD 271.8 billion in 2023 and is projected to reach USD 406.06 billion in 2030 at a CAGR of 5.90% during the forecast period 2023-2030.
Lactase is a type of sugar found in milk and other dairy products. Lactase is an enzyme that helps break down the milk sugar lactose into simple sugars, namely glucose and galactose. Factors such as lactose-free demand and increasing product development and innovation in other application areas such as pharmaceuticals, nutritional supplements and infant nutrition are expected to increase the demand for lactase globally. Key market players are launching new food products such as lactose-free cream, ice cream and milk alternatives to address the growing lactose-deficient population.
The growing lactose intolerance in infants and adults is one of the drivers of this market. The onset of primary lactose intolerance is temporary and is seen in premature babies before their small intestine is fully developed. Secondary intolerance is observed in adults when they have digestive problems in the small intestine. Secondary lactose intolerance is triggered by diseases such as Crohn's disease or gastroenteritis. According to the National Center for Biotechnology Information (NCBI), almost 65% of the world's population is prone to lactase deficiency. Consequently, this has led to an increase in the production of lactose-free dairy products in the hope of helping people with lactose intolerance avoid digestive problems.
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Due to the global lockdown in several countries, the outbreak of the COVID-19 pandemic had disrupted the supply chain. Furthermore, the spread of coronavirus reduced demand for chemical intermediates due to uncertainty in the global economy and capital markets. The lactase market had suffered as a result of the COVID-19 pandemic-related restrictions. The lactase market had been harmed by nationwide lockdowns and the closure of manufacturing facilities. However, the market is anticipated to expand at a healthy pace due to the acceptance of new normal conditions and restart of various end-use industries in many counties across the globe.
Delvens Industry Expert's Standpoint
The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The Lactase Market is being pushed by a variety of reasons, including rising demand for lactose-free and dairy-free goods, rising health concerns, and increased awareness of lactose intolerance. Increasing incidences of lactose intolerance, rising demand from lactose-free dairy product makers, and increased innovation and new product development in application sectors are expected to fuel the lactase industry’s growth throughout the projection period.
Key Findings
- Based on the source, the bacteria segment is expected to grow in value with the highest CAR in the lactase market during the forecast period. The lactase from bacterial sources is obtained from three main bacteria, Lactobacillus acidophilus, Bifidobacterium longum and Enterococcus faecalis. They are non-pathogenic nature and has a higher enzymatic activity in the preparation of lactose-free products. Since it is not a pathogen, the lactase enzyme of bacterial origin finds application in human nutrition and medicinal purposes.
- Based on its form, the dry segment holds a significant share of the lactase market during the forecast period. The dry form is more concentrated and easier to use. Enzymes are very sensitive to changes in pH and temperature; therefore, it is important to ensure optimal storage conditions. Pharmaceutical manufacturers mainly use the dry form because they are easy to use in the required dosage forms. Most companies provide dry lactose for import and export.
- By application, the food and beverage segment have the largest market share by value. Lactase is an enzyme that some people cannot produce in their small intestine. Without it, people with lactase deficiency cannot break down the natural disaccharide in milk. Adding lactase to milk hydrolyzes the naturally occurring lactose in milk, leaving it slightly sweet but digestible. This property of the enzyme increases its wider use in the food § beverage industry.
- The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period. In North America, American Academy of Pediatrics recommends that will people with lactose intolerance must not be encouraged to avoid milk as it provides necessary nutrients to the body.
Lactase Market Regional Analysis
North America to Dominate the Market
- North America is estimated to account for the largest market share during the forecast period. In North America, a huge lactose intolerant consumer base in the region creates a growth opportunity.
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Lactase Market Competitive Landscape
- Mitushi Biopharma
- Rajvi Enterprise
- Infinita Biotech Pvt. Ltd.
- Aumgene Biosciences
- DuPont
- Antozyme Biotech Pvt. Ltd.
- Novact Corp.
- Biolaxi Corp.
- Creative Enzymes
- Nature BioScience Pvt. Ltd.
- ENMEX
- Advanced Enzyme Technologies
- Amano Enzyme Inc.
- Senson
- Merck KGaA
- Novozymes
- DSM
- Kerry Inc.
- Chr. Hansen Holding A/S
- IFF
- Oenon Holdings Inc
- Ultreze Enzymes
Lactase Market Recent Developments
- In July 2022, DuPont Nutrition & Biosciences (N&B) introduced Danisco Bonlacta, a new lactase enzyme solution developed for creating a nutritional profile regarding fiber and sugar content for lactose-free dairy products. The product was introduced for the North American market and is a thermophilic type of lactase with a unique capacity to withstand high-temperature processing methods.
- In February 2022, Kerry Group PLC. Acquired the German biotechnology innovation company c-LEcta, which manufactures enzymes. C-LEcta specializes in precision fermentation and bioprocessing of enzymes. This acquisition will help Kerry to break through in the lactase enzymes market.
Reasons to Acquire in the Lactase Market
- Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
- Gain authentic and granular data access for the Lactase Market to understand the trends and the factors involved in changing market situations.
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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