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
By Type
Lipase
Carbohydrase
Enzyme type
Amylase
Lactase
Others
Proteases
Esterase
Catalase
Transglutaminase
Others
By Application
Milk
Cheese
Ice Cream and Desserts
Yogurt
Whey
Infant Formula
By Source
Microorganism
Animal
Plant
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Italy
Germany
France
Spain
The Netherlands
Switzerland
Rest Of Europe
Asia-Pacific
Rest Of Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Thailand
LAMEA
Latin America
Middle East
Africa
Key Market Players
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
Infinita Biotech Private Limited
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