Product Code: PM1880
The global lactase market size is expected to reach USD 369.96 million by 2032, according to a new study by Polaris Market Research. The report "Global Lactase Market Size, Share, Trends, Industry Analysis Report: Information By Source (Yeast, Fungi, Bacteria), By Form (Dry, Liquid), By Application, and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Market Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The lactase market is experiencing significant growth due to increasing consumer interest in dairy-free products, driven by the growing incidence of food intolerances and allergies. Furthermore, substantial investments from leading companies to innovate new lactase enzymes for the production of cream spreads, milk-based ice creams, and other lactose-free items are anticipated to boost the market expansion.
Ongoing research and development efforts are focused on the hydrolysis of lactose using alternative sources of lactase enzymes, such as yeast, fungi, and bacteria. The use of yeast-based lactase is rising in food processing and dietary supplement industries due to its numerous advantages, including high activity and stability, as well as the ease of fermenting enzymes.
For instance, according to the U.S. Food and Drug Administration (FDA), yeasts that ferment lactose, such as Kluyveromyces, marxianus, and Guehomyces pullulans, fall under the Generally Recognized as Safe (GRAS) category. As a result, lactase derived from yeast is extensively utilized in the production of high-quality food and beverage items, as well as dietary supplements.
In recent years, powder-based lactase has gained momentum as it enhances biological, metabolic, and chemical processes within the human body by optimizing reaction efficiency, resulting in pharmaceutical products that are better suited for consumption by humans.
For instance, according to the Food Chemical Codex (FCC) and the Joint FAO/WHO Expert Committee on Food Additives (JECFA) for food-grade substances, lactase powder is a safe biological enzyme. It can be used in a wide range of food and dietary supplement applications, supporting the immune system and ensuring proper absorption of nutrients from food.
Lactase Market Report Highlights
The bacteria segment is anticipated to grow with the highest CAGR in the market due to the advancements in biotechnology and enzymology.
The food & beverages category dominated the market over the forecast period attributed to the rising consumption of high-quality foods with natural flavor and taste.
The North American region dominated the lactase market owing to the significant number of lactose-intolerant individuals in this region.
The Asia-Pacific region is expected to grow at the highest CAGR as the lactase enzyme has gained economic significance owing to the rising demand from the food and beverage industry and rapid industrialization in this region.
The global key market players include Advanced Enzyme Technologies, Amano Enzyme Inc., Antozyme Biotech Pvt. Ltd., Aumgene Biosciences, Biolaxi Enzymes Pvt. Ltd., IFF, Kerry Group plc., Nature Biosciences Pvt. Ltd., Novact Corporation, and Novonesis.
Polaris Market Research has segmented the lactase market report based on source, form, application, and region:
Lactase, Source Outlook (Revenue - USD Million, Volume - Tons, 2019 - 2032)
Lactase, Form Outlook (Revenue - USD Million, Volume - Tons, 2019 - 2032)
Lactase, Application Outlook (Revenue - USD Million, Volume - Tons, 2019 - 2032)
- Food & Beverages
- Cheese
- Yogurt
- Milk
- Ice cream
- Others
- Pharmaceutical Products
- Dietary Supplements
Lactase, Regional Outlook (Revenue - USD Million, Volume - Tons, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Malaysia
- Vietnam
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Lactase Market Insights
- 4.1. Lactase Market - Application Snapshot
- 4.2. Lactase Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing Demand for Lactose-Free Products Are Driving the Market Growth
- 4.2.1.2. Growing Prevalence of Lactose Intolerance in Individuals
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Rising preference for vegan diets
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Lactase Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Lactase Market, by Source
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 5.3. Yeast
- 5.3.1. Global Lactase Market, by Yeast, by Region, 2019-2032 (USD Million, Tons)
- 5.4. Fungi
- 5.4.1. Global Lactase Market, by Fungi, by Region, 2019-2032 (USD Million, Tons)
- 5.5. Bacteria
- 5.5.1. Global Lactase Market, by Bacteria, by Region, 2019-2032 (USD Million, Tons)
6. Global Lactase Market, by Form
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 6.3. Dry
- 6.3.1. Global Lactase Market, by Dry, by Region, 2019-2032 (USD Million, Tons)
- 6.4. Liquid
- 6.4.1. Global Lactase Market, by Liquid, by Region, 2019-2032 (USD Million, Tons)
7. Global Lactase Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 7.3. Food & Beverages
- 7.3.1. Global Lactase Market, by Food & Beverages, By Region, 2019-2032 (USD Million, Tons)
- 7.3.1.1. Cheese
- 7.3.1.1.1. Global Lactase Market, by Cheese, By Region, 2019-2032 (USD Million, Tons)
- 7.3.1.2. Yogurt
- 7.3.1.1.2. Global Lactase Market, by Yogurt, By Region, 2019-2032 (USD Million, Tons)
- 7.3.1.3. Milk
- 7.3.1.1.3. Global Lactase Market, by Milk, By Region, 2019-2032 (USD Million, Tons)
- 7.3.1.4. Ice Cream
- 7.3.1.1.4. Global Lactase Market, by Ice Cream, By Region, 2019-2032 (USD Million, Tons)
- 7.3.1.5. Others
- 7.3.1.1.5. Global Lactase Market, by Others, By Region, 2019-2032 (USD Million, Tons)
- 7.4. Pharmaceutical Products
- 7.4.1. Global Lactase Market, by Pharmaceutical Products, By Region, 2019-2032 (USD Million, Tons)
- 7.5. Dietary Supplements
- 7.5.1. Global Lactase Market, by Dietary Supplements, By Region, 2019-2032 (USD Million, Tons)
8. Global Lactase Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Lactase Market Assessment, By Geography, 2019-2032 (USD Million, Tons)
- 8.3. Lactase Market - North America
- 8.3.1. North America: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.3.2. North America: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.3.3. North America: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.3.4. Lactase Market - U.S.
- 8.3.4.1. U.S.: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.3.4.2. U.S.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.3.4.3. U.S.: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.3.5. Lactase Market - Canada
- 8.3.5.1. Canada: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.3.5.2. Canada.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.3.5.3. Canada: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4. Lactase Market - Europe
- 8.4.1. Europe: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.2. Europe.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.3. Europe: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.4. Lactase Market - UK
- 8.4.4.1. UK: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.4.2. UK.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.4.3. UK: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.5. Lactase Market - France
- 8.4.5.1. France: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.5.2. France.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.5.3. France: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.6. Lactase Market - Germany
- 8.4.6.1. Germany: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.6.2. Germany.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.6.3. Germany: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.7. Lactase Market - Italy
- 8.4.7.1. Italy: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.7.2. Italy.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.7.3. Italy: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.8. Lactase Market - Spain
- 8.4.8.1. Spain: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.8.2. Spain.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.8.3. Spain: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.9. Lactase Market - Netherlands
- 8.4.9.1. Netherlands: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.9.2. Netherlands.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.9.3. Netherlands: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.10. Lactase Market - Russia
- 8.4.10.1. Russia: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.10.2. Russia.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.10.3. Russia: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.4.11. Lactase Market - Rest of Europe
- 8.4.11.1. Rest of Europe: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.4.11.2. Rest of Europe.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.4.11.3. Rest of Europe: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5. Lactase Market - Asia Pacific
- 8.5.1. Asia Pacific: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.2. Asia Pacific.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.3. Asia Pacific: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.4. Lactase Market - China
- 8.5.4.1. China: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.4.2. China.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.4.3. China: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.5. Lactase Market - India
- 8.5.5.1. India: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.5.2. India.: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.5.3. India: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.6. Lactase Market - Malaysia
- 8.5.6.1. Malaysia: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.6.2. Malaysia.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.6.3. Malaysia: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.7. Lactase Market - Japan
- 8.5.7.1. Japan: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.7.2. Japan.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.7.3. Japan: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.8. Lactase Market - Indonesia
- 8.5.8.1. Indonesia: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.8.2. Indonesia.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.8.3. Indonesia: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.9. Lactase Market - South Korea
- 8.5.9.1. South Korea: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.9.2. South Korea: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.9.3. South Korea: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.10. Lactase Market - Australia
- 8.5.10.1. Australia: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.10.2. Australia: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.10.3. Australia: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.5.11. Lactase Market - Rest of Asia Pacific
- 8.5.11.1. Rest of Asia Pacific: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.5.11.2. Rest of Asia Pacific: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.5.11.3. Rest of Asia Pacific: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.6. Lactase Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.6.2. Middle East & Africa.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.6.3. Middle East & Africa: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.6.4. Lactase Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.6.4.2. Saudi Arabia.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.6.4.3. Saudi Arabia: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.6.5. Lactase Market - UAE
- 8.6.5.1. UAE: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.6.5.2. UAE.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.6.5.3. UAE: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.6.6. Lactase Market - Israel
- 8.6.6.1. Israel: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.6.6.2. Israel.: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.6.6.3. Israel: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.6.7. Lactase Market - South Africa
- 8.6.7.1. South Africa: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.6.7.2. South Africa.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.6.7.3. South Africa: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.6.8. Lactase Market - Rest of Middle East & Africa
- 8.6.8.1. Rest of Middle East & Africa: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.6.8.2. Rest of Middle East & Africa: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.6.8.3. Rest of Middle East & Africa: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.7. Lactase Market - Latin America
- 8.7.1. Latin America: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.7.2. Latin America.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.7.3. Latin America: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.7.4. Lactase Market - Mexico
- 8.7.4.1. Mexico: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.7.4.2. Mexico.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.7.4.3. Mexico: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.7.5. Lactase Market - Brazil
- 8.7.5.1. Brazil: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.7.5.2. Brazil.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.7.5.3. Brazil: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.7.6. Lactase Market - Argentina
- 8.7.6.1. Argentina: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.7.6.2. Argentina.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.7.6.3. Argentina: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
- 8.7.7. Lactase Market - Rest of Latin America
- 8.7.7.1. Rest of Latin America: Lactase Market, by Source, 2019-2032 (USD Million, Tons)
- 8.7.7.2. Rest of Latin America.: Lactase Market, by Form, 2019-2032 (USD Million, Tons)
- 8.7.7.3. Rest of Latin America: Lactase Market, by Application, 2019-2032 (USD Million, Tons)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Advanced Enzyme Technologies
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Amano Enzyme Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Antozyme Biotech Pvt. Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Aumgene Biosciences
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Biolaxi Enzymes Pvt. Ltd.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. IFF
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Kerry Group plc.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Nature Biosciences Pvt. Ltd.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Novact Corporation
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Novonesis
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development