Product Code: PMRREP22387
Persistence Market Research has recently released a comprehensive report on the global Lactase Market. The report provides a thorough evaluation of key market dynamics, including drivers, trends, opportunities, and challenges, offering detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the projected growth trajectory of the global lactase market from 2024 to 2031.
Key Insights:
- Lactase Market Size (2024E): US$ 241.7 Mn
- Projected Market Value (2031F): US$ 352.7 Mn
- Global Market Growth Rate (CAGR 2024 to 2031): 5.5%
Lactase Market - Report Scope:
Lactase is an enzyme that plays a vital role in breaking down lactose, the sugar found in dairy products, into simpler sugars that can be easily absorbed by the body. Lactase supplements are used by individuals with lactose intolerance to prevent digestive discomfort. The lactase market includes products such as tablets, capsules, drops, and powders. The market serves diverse sectors, including the pharmaceutical industry, dietary supplements, and food & beverage manufacturers. The growth of this market is driven by the increasing prevalence of lactose intolerance, rising health awareness, and the growing demand for lactose-free products.
Market Growth Drivers:
The global lactase market is driven by several key factors, including the rising number of individuals diagnosed with lactose intolerance, increasing awareness about the benefits of lactose-free diets, and the growing demand for lactose-free food products. The expansion of the food & beverage industry, particularly in the dairy segment, is also contributing to market growth. Additionally, advancements in lactase enzyme technology and the development of more efficient and affordable lactase supplements are enhancing market demand. The growing popularity of functional foods and dietary supplements that promote gut health is another factor fueling market growth.
Market Restraints:
Despite strong growth prospects, the lactase market faces challenges such as the relatively high cost of lactase supplements compared to traditional dairy products. The limited availability of lactase products in certain regions and the reluctance of some individuals to use enzyme supplements may hinder widespread adoption. Additionally, certain regulatory barriers and the complex approval processes for new lactase formulations may pose challenges to market expansion. The effectiveness of lactase supplements may also vary from person to person, limiting their universal appeal.
Market Opportunities:
The lactase market presents significant opportunities driven by innovations in lactase enzyme formulations and the growing awareness of lactose intolerance. The rising trend of veganism and plant-based diets presents new avenues for lactase supplementation, as many plant-based dairy alternatives also contain lactose. The increasing demand for functional foods, including probiotics and prebiotics, alongside lactase, offers growth opportunities for companies operating in the market. Furthermore, the expansion of distribution channels in emerging markets, where lactose intolerance rates are high, presents significant growth prospects.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the lactase market globally?
- Which product types and applications are experiencing the highest adoption in the lactase market?
- How are technological advancements reshaping the competitive landscape of the lactase market?
- Who are the key players contributing to the lactase market, and what strategies are they employing to maintain market leadership?
- What are the emerging trends and future prospects in the global lactase market?
Competitive Intelligence and Business Strategy:
Leading players in the global lactase market, including DSM, DuPont, and Chr. Hansen, focus on product innovation, strategic partnerships, and expanding their product portfolios to gain a competitive edge. These companies invest in research and development to create advanced lactase formulations with higher efficiency and broader applications. Collaborations with food and beverage manufacturers, pharmaceutical companies, and health food retailers are key strategies to enhance market access. Furthermore, educating consumers on the benefits of lactase supplementation and lactose-free diets plays a crucial role in boosting market adoption and improving patient outcomes.
Key Companies Profiled:
- Novozymes
- Merck KGaA ( Sigma-Aldrich)
- Sternenzyme
- Amano Enzyme Inc.
- Calza Clemente
- Senson
- Natural Factors Inc.
- Specialty Enzymes & Biotechnologies
- Nature's Way Products, LLC.
- Chr. Hansen A/S
- Advanced Enzyme Technologies Limited
- DuPont de Nemours and Company
- DSM Chemicals
Lactase Market: Segmentation
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
By Form
By Application
- Food and Beverages
- Dietary Supplements
- Pharmaceuticals
By Type
Table of Contents
1. Executive Summary
- 1.1. Market Overview
- 1.2. Market Analysis
- 1.3. PMR Analysis and Recommendations
- 1.4. Wheel of Fortune
2. Market Introduction
- 2.1. Market Taxonomy
- 2.2. Market Definition
3. Market View Point
- 3.1. Macro-Economic Factors
- 3.2. Opportunity Analysis
- 3.3. Global Lactase Market Overview
- 3.4. Key Regulations, By Region
- 3.5. Porter's Five Forces
- 3.6. Pricing Analysis
- 3.7. Pricing Analysis , By Region
4. Global Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031 By Region
- 4.1. Introduction / Key Findings
- 4.2. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Region, 2019 - 2023
- 4.2.1. North America
- 4.2.2. Europe
- 4.2.3. Latin America
- 4.2.4. Asia Pacific
- 4.2.5. Middle East & Africa
- 4.3. Market Size (US$ Mn) and Volume (MT) Forecast By Region, 2024 - 2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. Latin America
- 4.3.4. Asia Pacific
- 4.3.5. Middle East & Africa
- 4.4. Market Attractiveness Analysis By Region
- 4.5. Market Trends
5. Global Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031, By Type
- 5.1. Introduction
- 5.2. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Type (2019 - 2023)
- 5.2.1. Fungal Lactase
- 5.2.2. Neutral Lactase
- 5.3. Market Size (US$ Mn) and Volume (MT) Forecast By Type(2024 - 2031)
- 5.3.1. Fungal Lactase
- 5.3.2. Neutral Lactase
- 5.4. Market Attractiveness Analysis By Type
- 5.5. Market Trends
6. Global Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031, By Form
- 6.1. Introduction
- 6.2. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Form (2019 - 2023)
- 6.3. Market Size (US$ Mn) and Volume (MT) Forecast By Form (2024 - 2031)
- 6.4. Market Attractiveness Analysis By Nature
- 6.5. Market Trends
7. Global Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031, By Application
- 7.1. Introduction
- 7.2. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Application (2019 - 2023)
- 7.2.1. Food and beverages
- 7.2.1.1. Dairy Products
- 7.2.1.2. Infant Formula
- 7.2.2. Dietary Supplements
- 7.2.3. Pharmaceuticals
- 7.3. Market Size (US$ Mn) and Volume (MT) Forecast By Application (2024 - 2031)
- 7.3.1. Food and beverages
- 7.3.1.1. Dairy Products
- 7.3.1.2. Infant Formula
- 7.3.2. Dietary Supplements
- 7.3.3. Pharmaceuticals
- 7.4. Market Attractiveness Analysis By Application
- 7.5. Market Trends
8. North America Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031
- 8.1. Introduction
- 8.2. Pricing Analysis
- 8.3. Regional Market Dynamics
- 8.3.1. Drivers
- 8.3.2. Restraints
- 8.3.3. Opportunities
- 8.3.4. Trends
- 8.4. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Country 2019 - 2023
- 8.4.1. U.S.
- 8.4.2. Canada
- 8.5. Market Size (US$ Mn) and Volume (MT) Forecast By Country 2024 - 2031
- 8.5.1. U.S.
- 8.5.2. Canada
- 8.6. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Type(2019 - 2023)
- 8.6.1. Fungal Lactase
- 8.6.2. Neutral Lactase
- 8.7. Market Size (US$ Mn) and Volume (MT) Forecast By Type(2024 - 2031)
- 8.7.1. Fungal Lactase
- 8.7.2. Neutral Lactase
- 8.8. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Form (2019 - 2023)
- 8.9. Market Size (US$ Mn) and Volume (MT) Forecast By Form (2024 - 2031)
- 8.10. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Application (2019 - 2023)
- 8.10.1. Food and beverages
- 8.10.1.1. Dairy Products
- 8.10.1.2. Infant Formula
- 8.10.2. Dietary Supplements
- 8.11. Pharmaceuticals Market Size (US$ Mn) and Volume (MT) Forecast By Application (2024 - 2031)
- 8.11.1. Food and beverages
- 8.11.1.1. Dairy Products
- 8.11.1.2. Infant Formula
- 8.11.2. Dietary Supplements
- 8.12. Pharmaceuticals Drivers and Restraints: Impact Analysis
- 8.13. Market Attractiveness Analysis
- 8.13.1. By Country
- 8.13.2. By Type
- 8.13.3. By Form
- 8.13.4. By Application
- 8.14. Key Representative Market Participants
- 8.15. Market Presence (Intensity Map)
9. Europe Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031
- 9.1. Introduction
- 9.2. Pricing Analysis
- 9.3. Regional Market Dynamics
- 9.3.1. Drivers
- 9.3.2. Restraints
- 9.3.3. Opportunities
- 9.3.4. Trends
- 9.4. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Country, 2019 - 2023
- 9.4.1. Germany
- 9.4.2. Italy
- 9.4.3. France
- 9.4.4. U.K.
- 9.4.5. Spain
- 9.4.6. Russia
- 9.4.7. Poland
- 9.4.8. Rest of Europe
- 9.5. Market Size (US$ Mn) and Volume (MT) Forecast By Country, 2024 - 2031
- 9.5.1. Germany
- 9.5.2. Italy
- 9.5.3. France
- 9.5.4. U.K.
- 9.5.5. Spain
- 9.5.6. Russia
- 9.5.7. Poland
- 9.5.8. Rest of Europe
- 9.6. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Type(2019 - 2023)
- 9.6.1. Fungal Lactase
- 9.6.2. Neutral Lactase
- 9.7. Market Size (US$ Mn) and Volume (MT) Forecast By Type(2024 - 2031)
- 9.7.1. Fungal Lactase
- 9.7.2. Neutral Lactase
- 9.8. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Form (2019 - 2023)
- 9.9. Market Size (US$ Mn) and Volume (MT) Forecast By Form (2024 - 2031)
- 9.10. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Application (2019 - 2023)
- 9.10.1. Food and beverages
- 9.10.1.1. Dairy Products
- 9.10.1.2. Infant Formula
- 9.10.2. Dietary Supplements
- 9.10.3. Pharmaceuticals
- 9.11. Market Size (US$ Mn) and Volume (MT) Forecast By Application (2024 - 2031)
- 9.11.1. Food and beverages
- 9.11.1.1. Dairy Products
- 9.11.1.2. Infant Formula
- 9.11.2. Dietary Supplements
- 9.11.3. Pharmaceuticals
- 9.12. Drivers and Restraints: Impact Analysis
- 9.13. Market Attractiveness Analysis
- 9.13.1. By Country
- 9.13.2. By Type
- 9.13.3. By Form
- 9.13.4. By Application
- 9.14. Key Representative Market Participants
- 9.15. Market Presence (Intensity Map)
10. Latin America Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031
- 10.1. Introduction
- 10.2. Pricing Analysis
- 10.3. Regional Market Dynamics
- 10.3.1. Drivers
- 10.3.2. Restraints
- 10.3.3. Opportunities
- 10.3.4. Trends
- 10.4. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Country, 2019 - 2023
- 10.4.1. Brazil
- 10.4.2. Mexico
- 10.4.3. Rest of Latin America
- 10.5. Market Size (US$ Mn) and Volume (MT) Forecast By Country, 2024 - 2031
- 10.5.1. Brazil
- 10.5.2. Mexico
- 10.5.3. Rest of Latin America
- 10.6. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Type(2019 - 2023)
- 10.6.1. Fungal Lactase
- 10.6.2. Neutral Lactase
- 10.7. Market Size (US$ Mn) and Volume (MT) Forecast By Type(2024 - 2031)
- 10.7.1. Fungal Lactase
- 10.7.2. Neutral Lactase
- 10.8. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Form (2019 - 2023)
- 10.8.1. Liquid
- 10.8.2. Dry
- 10.9. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Application (2019 - 2023)
- 10.9.1. Food and beverages
- 10.9.1.1. Dairy Products
- 10.9.1.2. Infant Formula
- 10.9.2. Dietary Supplements
- 10.10. Pharmaceuticals Market Size (US$ Mn) and Volume (MT) Forecast By Application (2024 - 2031)
- 10.10.1. Food and beverages
- 10.10.1.1. Dairy Products
- 10.10.1.2. Infant Formula
- 10.10.2. Dietary Supplements
- 10.10.3. Pharmaceuticals
- 10.11. Drivers and Restraints: Impact Analysis
- 10.12. Market Attractiveness Analysis
- 10.12.1. By Country
- 10.12.2. By Type
- 10.12.3. By Form
- 10.12.4. By Application
- 10.13. Key Representative Market Participants
- 10.14. Market Presence (Intensity Map)
11. Asia Pacific Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031
- 11.1. Introduction
- 11.2. Pricing Analysis
- 11.3. Regional Market Dynamics
- 11.3.1. Drivers
- 11.3.2. Restraints
- 11.3.3. Opportunities
- 11.3.4. Trends
- 11.4. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Country, 2019 - 2023
- 11.4.1. China
- 11.4.2. India
- 11.4.3. Japan
- 11.4.4. ASEAN
- 11.4.5. Australia & New Zealand
- 11.4.6. Rest of APAC
- 11.5. Market Size (US$ Mn) and Volume (MT) Forecast By Country, 2024 - 2031
- 11.5.1. China
- 11.5.2. India
- 11.5.3. Japan
- 11.5.4. ASEAN
- 11.5.5. Australia & New Zealand
- 11.5.6. Rest of APAC
- 11.6. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Type(2019 - 2023)
- 11.6.1. Fungal Lactase
- 11.6.2. Neutral Lactase
- 11.7. Market Size (US$ Mn) and Volume (MT) Forecast By Type(2024 - 2031)
- 11.7.1. Fungal Lactase
- 11.7.2. Neutral Lactase
- 11.8. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Form (2019 - 2023)
- 11.8.1. Liquid
- 11.8.2. Dry
- 11.9. Market Size (US$ Mn) and Volume (MT) Forecast By Form (2024 - 2031)
- 11.9.1. Liquid
- 11.9.2. Dry
- 11.10. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Application (2019 - 2023)
- 11.10.1. Food and beverages
- 11.10.1.1. Dairy Products
- 11.10.1.2. Infant Formula
- 11.10.2. Dietary Supplements
- 11.11. Pharmaceuticals Market Size (US$ Mn) and Volume (MT) Forecast By Application (2024 - 2031)
- 11.11.1. Food and beverages
- 11.11.1.1. Dairy Products
- 11.11.1.2. Infant Formula
- 11.11.2. Dietary Supplements
- 11.12. Pharmaceuticals Drivers and Restraints: Impact Analysis
- 11.13. Market Attractiveness Analysis
- 11.13.1. By Country
- 11.13.2. By Type
- 11.13.3. By Form
- 11.13.4. By Application
- 11.14. Key Representative Market Participants
- 11.15. Market Presence (Intensity Map)
12. Middle East & Africa Lactase Market Analysis 2019 - 2023 and Forecast 2024 - 2031
- 12.1. Introduction
- 12.2. Pricing Analysis
- 12.3. Regional Market Dynamics
- 12.3.1. Drivers
- 12.3.2. Restraints
- 12.3.3. Opportunities
- 12.3.4. Trends
- 12.4. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Country, 2019 - 2023
- 12.4.1. GCC Countries
- 12.4.2. South Africa
- 12.4.3. Rest of MEA
- 12.5. Market Size (US$ Mn) and Volume (MT) Forecast By Country, 2024 - 2031
- 12.5.1. GCC Countries
- 12.5.2. South Africa
- 12.5.3. Rest of MEA
- 12.6. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Type(2019 - 2023)
- 12.6.1. Fungal Lactase
- 12.6.2. Neutral Lactase
- 12.7. Market Size (US$ Mn) and Volume (MT) Forecast By Type(2024 - 2031)
- 12.7.1. Fungal Lactase
- 12.7.2. Neutral Lactase
- 12.8. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Form (2019 - 2023)
- 12.8.1. Liquid
- 12.8.2. Dry
- 12.9. Market Size (US$ Mn) and Volume (MT) Forecast By Form (2024 - 2031)
- 12.9.1. Liquid
- 12.9.2. Dry
- 12.10. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Application (2019 - 2023)
- 12.10.1. Food and beverages
- 12.10.1.1. Dairy Products
- 12.10.1.2. Infant Formula
- 12.10.2. Dietary Supplements
- 12.10.3. Pharmaceuticals
- 12.11. Market Size (US$ Mn) and Volume (MT) Forecast By Application (2024 - 2031)
- 12.11.1. Food and beverages
- 12.11.1.1. Dairy Products
- 12.11.1.2. Infant Formula
- 12.11.2. Dietary Supplements
- 12.11.3. Pharmaceuticals
- 12.12. Drivers and Restraints: Impact Analysis
- 12.13. Market Attractiveness Analysis
- 12.13.1. By Country
- 12.13.2. By Type
- 12.13.3. By Form
- 12.13.4. By Application
- 12.14. Key Representative Market Participants
- 12.15. Market Presence (Intensity Map)
13. Forecast Factors: Relevance and Impact
14. Competition Landscape
- 14.1. Market Structure
- 14.2. Market Share Analysis
- 14.3. Competition Dashboard
- 14.4. Company Profiles - Tentative (Details - Overview, Financials, Strategy, Recent Developments)
- 14.4.1. Novozymes
- 14.4.2. Merck KGaA ( Sigma-Aldrich)
- 14.4.3. Sternenzyme
- 14.4.4. Amano Enzyme Inc.
- 14.4.5. Calza Clemente
- 14.4.6. Senson
- 14.4.7. Natural Factors Inc.
- 14.4.8. Specialty Enzymes & Biotechnologies
- 14.4.9. Nature's Way Products, LLC.
- 14.4.10. Chr. Hansen A/S
- 14.4.11. Advanced Enzyme Technologies Limited
- 14.4.12. DuPont de Nemours and Company
- 14.4.13. DSM Chemicals
15. Assumptions and Acronyms Used
16. Research Methodology