Lactase Market Key Highlights:
- Market Size (2024): USD 297.9 Million
- Projected Market Size (2034): USD 480.7 Million
- CAGR (2024-2034): 4.9%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Lactase Market Definition
Lactase is an enzyme that helps the body in digesting lactose. Lactose is generally found in dairy foods such as milk and cheese. People with lactose intolerant can suffers from various lactose digestion problems such as abdominal bloating, cramps, diarrhea, stomach ache, and acidity after taking dairy foods. The consumption of lactase supplement prevents in dealing with lactose digestion problems. Lactase finds various application across various industries such as food & beverages, dietary supplements, and pharmaceuticals. The rising awareness about digestive health issues and increasing incidence of lactose-intolerance population are the major key factors driving the growth of the market. Lactase enzymes act as catalysts in breaking down lactose found in dairy products to readily digestible sugars, such as galactose and glucose.
For instance, In April 2024, Prairie Farms launches new line of lactose-free options. In June 2023, Swiss-Dutch company DSM-Firmenich has launched Maxilact Next – the latest addition to its highly-valued range of Maxilact lactase enzymes. The new solution is the most efficient and pure lactase now available on the market.
The rising product development & innovations of cream spreads, milk-based ice creams, and other lactose-free products are projected to offer lucrative growth opportunities to the market.
Lactase Market Segmentation:
By Source
By Form
By Application
- Food and Beverages
- Healthcare
Lactase Market Companies:
- Koninklijke DSM N.V.
- Kerry
- Novoenzymes
- IFF
- Nature Bioscience
- Armora Pharma
- Merck KGaA (Sigma-Aldrich)
- Rajvi Enterprise
- Antozyme Biotech Pvt Ltd
- Infinita Biotech
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ctase Market Key Highlights:
