According to a recent report from Reports and Data, the global market for dairy enzymes was valued at USD 669.5 million in 2021, and is expected to see a compound annual growth rate (CAGR) of 7.3% during the forecast period. This growth is primarily driven by the increasing consumption of dairy products, such as cheese, milk, and yogurt, among others. Various enzymes, including protease and lipase, are used in dairy food applications to improve flavor and reduce the allergenic potential of cow's milk-based products. Proteolysis limits the acidic and flavorless caseins, which can be added to acidic foods and beverages. In cases where neonates have a milk allergy, casein hydrolysates are recommended. Additionally, lipolysis significantly impacts the flavor of Swiss cheese. The market revenue growth is mainly attributed to the increasing demand for enzymes that offer a range of benefits, including coagulation, bio-protection, and increased shelf life of dairy products. Dairy enzymes are used to break down various milk products, including cheese, yogurt, milk, and more. Enzymes like catalase, lactase, protease, esterase, and lactase are commonly used in food and dairy products.
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Top Companies Operating in the Global Chymosin Dairy Enzymes Market Report:
Hansen Holding A/S, DuPont de Nemours, Inc., DSM, Kerry Group plc, Novozymes A/S, Advanced Enzymes Technologies, Amano Enzyme Inc., Wilbur-Ellis Holdings, Inc., Biocatalysts, and SternEnzym GmbH Co. KG.
Driving Factors of Chymosin Dairy Enzymes Market
- Increasing demand for dairy products: The rising consumption of dairy products, such as cheese, milk, and yogurt, among others, is driving the demand for dairy enzymes. These enzymes are used to improve the flavor and texture of dairy products and increase their shelf life.
- Technological advancements: Advancements in technology have led to the development of new and improved dairy enzymes that offer several benefits, such as improved efficiency, increased yield, and reduced processing time.
- Growing health consciousness: Consumers are becoming more health-conscious, and there is a growing demand for healthier and natural food products. Dairy enzymes are used to produce low-fat and low-lactose dairy products that are in high demand.
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This report analyzes the Chymosin Dairy Enzymes Market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Chymosin Dairy Enzymes Market is provided to gain a deeper understanding of its growth and progress.
The global Chymosin Dairy Enzymes Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Lactase
- Chymosin
- Microbial Rennet
- Lipase
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Milk
- Cheese
- Ice-cream dessert
- Others
Source Outlook (Revenue, USD Billion; 2019-2030)
- Plant
- Animal Microorganism
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