Dairy Enzyme Market By Type (Lipase, Carbohydrase, Proteases, Esterase, Catalase, Transglutaminase, Others), By Application (Milk, Cheese, Ice Cream and Desserts, Yogurt, Whey, Infant Formula), By Source (Microorganism, Animal, Plant): Global Opportunity Analysis and Industry Forecast, 2021-2031
The dairy enzymes market size was valued at $574.20 million in 2021 and is expected to reach $1,076.59 million by 2025, registering a CAGR of 6.4% from 2022 to 2031.
Dairy enzymes are complex ingredients, which act as catalyzers and are extensively used for increasing the diversity, variety, and quality during processing of dairy products. Dairy enzymes are often used for dairy processing owing to its multiple benefits, which includes enhancement of texture, flavor & fragrance, preservation, coagulation, and tenderization.
The market is expected to experience growth during the forecast period owing to expansion of dairy and beverage industry, diversification in extraction process, and rise in trend of cold–adapted enzymes. At the same time, the sector is facing challenges driven by certain dairy enzyme allergies, limited shelf life, and high sensitivity of dairy enzymes toward temperature and pH. Developments in protein and genetic engineering result in improvement of economy, specificity, stability, and the overall application potential of dairy enzymes. Dairy enzymes find application on plethora of platforms such as cheese making, ice cream and desserts, yogurt, whey, infant formulas, and others. The global dairy enzymes market is segmented on the basis of type, application, source, and region. By type, the dairy enzyme market is segmented into lipase, carbohydrase, protease, esterase, catalase, transglutaminase, and others. By application, the market is divided into milk, cheese, ice cream and desserts, yogurt, whey, and infant formula. By source, the market is analyzed across microorganisms, animals, and plants. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in the report include Associated British Foods plc, Advanced Enzyme Technologies, BASF SE, Chr. Hansen Holding A/S, DuPont de Nemours, Inc., Kerry Group Plc, Novozymes A/S, Koninklijke DSM N.V., Aumenzymes, Amano Enzyme Inc., Wilbur-Ellis Holdings, Inc., Biocatalysts, STERN-WYWIOL GRUPPE GMBH CO. KG, Phythozymes, and Infinita Biotech Private Limited.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dairy enzyme market analysis from 2021 to 2031 to identify the prevailing dairy enzyme market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the dairy enzyme market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global dairy enzyme market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
Ice Cream and Desserts
Rest Of Europe
Rest Of Asia-Pacific
Key Market Players
Associated British Foods plc
Advanced Enzyme Technologies
Chr. Hansen Holding A/S
DuPont de Nemours, Inc.
Kerry Group Plc
Koninklijke DSM N.V.
Amano Enzyme Inc.
Wilbur-Ellis Holdings, Inc.
STERN-WYWIOL GRUPPE GMBH CO. KG
Infinita Biotech Private Limited
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