Lactase Market

Lactase Market Size, Growth, Forecast (2023-2028)

The Global Lactase Market size was worth US$ 217 billion in 2022, and it is estimated that it will reach US$ 298 billion by 2028 with an annual expansion rate of 6.5% between 2023 and 2028.

Market Overview:

Lactase is a very popular dietary supplement used by people with lactose intolerance in pill form. Producers say these supplements or pills contain lactase enzymes, which are great for safety. They are safe to consume as part of a meal or snack at any time of the day. Currently, dairy consumption is extremely high, and people are concerned about adding calcium to their diet from dairy products. The idea of this supplement is that it contains lactase, so take it before meals. As a result, the penetration of lactase-containing dietary supplements is increasing, increasing the demand for lactase enzymes in the dietary supplement market. Lactase is present in dairy products and lactase helps digest the product. To address this problem, lactase supplements are used to treat this disorder, or lactase is added to dairy products to break down lactase before consumption.

Recent Developments in Lactase Industry:

• In March 2020, Novozymes launched a new lactase enzyme, Saphera Fiber. It can be used to increase fiber content while reducing sugar in fermented and non-fermented dairy products.
• In October 2019, DuPont Danisco launched the Nurica milk enzyme to help manufacturers of lactose-free products meet consumer demand for clean label products. The launch of this new product will help companies strengthen their product portfolio and help them become world leaders in high value-added enzymes for the dairy industry.

Lactase Market Growth:

The demand for these easy-to-digest dairy products has increased the demand for lactase, as dairy manufacturers in this region have to add lactase to their product range.

REPORT COVERAGE:

Drivers:

As the incidence of noncommunicable diseases has increased, the demand for healthcare providers has increased. The healthcare industry has grown exponentially in the past half year, but healthcare providers have tried to keep up with demand, but the scope of development is very broad. This has led to a weakening of the immune system. In recent decades, people's perceptions of hygiene have attracted much attention from the Millennium and Y generations. There have been new disorders in which people are allergic or unable to digest certain foods. Lactase is an enzyme present in the intestines of humans and other mammals used to break down lactase into glucose and galactose. This is a natural and safe way to treat babies associated with stomach pain. Many infant formulas and baby food manufacturers are improving their lactase-containing product line as demand for these baby foods increases with the urban population. Lactose supplements are prescribed for the individual, or lactose is added to break down lactose before consumption. Babies can be pretreated with infant formula or infant formula containing lactase enzymes. Adding these infant formulas to breast milk or regular milk reduces the lactose content, making digestion easier. Lactase supplements are also prescribed for other indigestion problems, such as irritable bowel syndrome, bloating, and gas. These disorders can help avoid dairy consumption. As such, this increases the demand for lactase enzymes, which can predict substantial growth in the global lactase market during the forecast period.

In the long term, avoiding the product can cause problems like osteoporosis. Lactase properties help to reduce the lactose content in the product while reducing the viscosity while sweetening the product. As the medical market grows exponentially, you can expect the CAGR of the lactase market to increase significantly during the forecast period. Lactase is widely used in dairy production. Lactose intolerance cases are expected to increase, demand from lactose-free dairy manufacturers to increase, and factors such as application innovation and new product development driving growth in the lactase industry during the forecast period. As concerns about lactose intolerance-related abdominal pain in infants and young children increase, it is expected to provide a favorable opportunity for market players. Lactase is generally extracted from yeast. However, extensive research and development is ongoing for other sources of lactase enzymes such as bacteria and fungi. Lactase enzymes extracted from bacterial sources have been used for lactose hydrolysis due to numerous advantages, such as ease of fermentation, high activity, and enzyme stability. Lactase enzymes supplied by probiotic organisms are used in food and food systems. As the research and development of various sources of lactase enzymes increases, the market for lactase enzymes provides an opportunity to grow over the target period.

Restraints:

The global lactase market is promoted by various factors like changes in consumer preferences towards lactose-free products, high processing expenses in dairy sector and the shortage of skilful resources for extracting lactase. Dairy replacement products do not work well, and consumers still choose dairy instead of plant-based alternatives. This may be due to the various flavors of vegetable dairy products and restrictions on their use in cooking food manufacturing.

Impact of COVID 19 on the Lactase Market:

The slow growth in 2020 is largely due to the slowdown in the country's economy caused by the emergence of COVID-19 and measures to curb it. The impact of coronavirus has influenced the growth of the lactase market in the supply chain.

Lactase Market Segmentation Analysis:

Based on the source, the yeast segment is predicted to register the leading portion of the global lactase market over the conjecture period. Yeast is the main source of use for the extraction of lactase enzymes. The lactase enzymes provided by the yeast find significant applications in the food and beverage industry, particularly in the dairy industry.

The liquid sector is expected to be the fastest-growing segment by form in the lactase market over the forecast period. The liquid form of the enzyme may have higher activity and better functionality than the powder form, but it is generally less stable than the solid form. Directly used in liquid form or sprayed and absorbed in solid vehicles. The market is segmented by applications as lactase enzymes in liquid form and are generally utilized in the food and beverage industry and in pharmaceutical applications in productions for example, syrups. Liquid lactase enzymes alter reaction efficiency to speed up chemical, biological, and metabolic reactions, making pharmaceuticals more efficient for human use.

By application, the food and beverage sector is expected to occupy most of the market during the outlook period. The food and beverage sector is being promoted as consumer trends toward dairy products increase and awareness of lactose intolerance increases among consumers around the world.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

In terms of geography, the global lactase market is divided into five main regions mainly Asia Pacific, Europe, North America, South America, and the Middle East and Africa. The Asia Pacific region is expected to have a high demand for lactase during the expected period. The greatest growth is expected in India and China. North America is expected to occupy most of the market during the forecast period. Increased consumption of dairy products, a greater awareness of consumers' health awareness and a greater willingness to spend on products that promote health are some of the key factors driving the growth of the lactase market in the region. Of all regional markets, Europe is expected to lead the global lactase market in the future due to consumption of lactose-free dairy products and significant growth in the workforce. Notable changes in lifestyle-related habits are observed in this area. Significant growth will also be seen in the Middle East and Africa, Eastern Europe, and Latin America.

Key Players in the Market:

Major Key Players in the Global Lactase Market are

• McNeil Nutritionals
• Parchem fine & Specialty Chemicals, LLC
• Shandong Tianjiu Bio-Tech Co., Ltd
• Nutriteck
• Amano Enzyme, Inc
• Mitushi Biopharma
• OENON Holdings Inc
• Nisarg Life Sciences India Pvt. Ltd
• Dumoco
• Avanscure Lifesciences Pvt. Limited. Corporation