Global Lactase Enzyme Market worth USD 416.68 Million by 2024

Pune, India, January 22, 2019 -- /360iResearch/ -- The report "Global Lactase Enzyme Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q4 2018 Update)", published by 360iResearch, states that the global market was valued at USD 261.68 million in 2017 and is projected to reach USD 416.68 million by 2024, growing at a CAGR of 6.87% from 2017 to 2024.

The major forces driving the growth of the lactase enzyme market include the increasing the consumption of dairy products and increasing attractiveness of lactose-free dairy concepts. Moreover, growing demand for low-lactose and lactose-free dairy products and increasing use as dietary supplements typically to treat lactose intolerance. are also some of the factors that are driving the market growth. However certain factors such as the restricted operational conditions may hinder the market growth. In the middle of difficulty lies opportunity such as the predominant applications in dairy by-products, abolition of milk quota in the eu, and market traction from infant nutrition segment. The possible challenges for the market growth is safety and regulatory aspects of enzyme use. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on form, the global lactase enzyme market is studied across Dry, and Liquid. Based on source, the global lactase enzyme market is studied across Fungal Lactase, and Neutral Lactase. Based on application, the global lactase enzyme market is studied across Cheese, Ice Cream & Desserts, Infant Formula, Milk, Whey, and Yogurt. Based on end user, the global lactase enzyme market is studied across Dietary Supplements, Food & Beverage, and Pharmaceutical & Biotechnology Companies. Based on geography, the global lactase enzyme market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the lactase enzyme market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are AST Enzymes, Advanced EnzyTech Solutions Ltd.,, Advanced Enzyme Technologies., Amano Enzyme, Inc., Avanscure Lifesciences Pvt. Ltd.,, Chr. Hansen Holding A/S, DSM, Dumoco Co. Ltd., Kerry Inc., Koninklijke DSM N.V., McNeil Nutritionals, LLC, Merck KGaA, Mitushi Biopharma, Nisarg Life Sciences India Pvt. Ltd., Novozymes, OENON Holdings, Inc., Parchem fine & specialty chemicals, Specialty Enzymes & Biotechnologies, and Walter Bushnell.

About 360iResearch

360iResearch LLP, headquartered in Pune, India, is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as Aerospace & Defense, Agriculture, Automotive & Transportation, Building, Construction & Real Estate, Chemicals & Advanced Material, Consumer Goods & Retail, Energy & Utilities, Food & Beverage, Healthcare & Life Sciences, Information Technology, Packaging, and Semiconductor & Electronics.

Contact:
Miss. Shikha Sachan
Business Lead,
Nyati Elan,
Wagholi, Pune,
Maharashtra,
India - 412207.
USA: +1-530-264-8485
India: +91-9075017818
Email: [email protected]