The global dairy enzymes market would reach value of USD 999.8 Million by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing prevalence of lactose intolerance among people. Moreover, increasing utilization of hydrocolloids by dairy-manufacturing companies to enhance the texture of dairy products is expected to drive the market for dairy enzymes during the forecast period. Furthermore, growing preference of obese people for low-fat and healthy food is also contributing to the demand for dairy enzymes. Moreover, rising incidence of digestive issues among people has driven the demand for fermented dairy products. This, in turn, has boosted the market for dairy enzymes.

Furthermore, the report is further updated with the latest market scenario pertaining to the aftereffects of the COVID-19 pandemic. The pandemic has affected every segment of life by inducing financial difficulties and disrupting supply chains, thereby dynamically affecting the business sphere. The report assesses the comprehensive impact of the pandemic on the Dairy Enzymes market and the key segments of the industry. It also offers a current and future assessment of the impact of the pandemic on the Dairy Enzymes market.

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Key Highlights of Report

• The cheese segment held the largest market share of 33.7% in 2019. Dairy enzymes help reduce the bitterness of whey, improve freshness of cheese, and assist in the digestion of milk, which is driving the segment.
• The microbial segment is anticipated to expand at the most rapid CAGR of 8.1% during the forecast period. Rising demand for cheese with rich flavor and texture has led to increasing utilization of microbial rennet, which is driving the microbial
• Key market participants include DuPont, Kerry Group, Chr Hansen Holding A/S, DSM, Advanced Enzymes Technologies, Connell Bros., Novozymes A/S, Biocatalysts Ltd, Amano Enzyme, and SternEnzym

Dairy Enzymes Market Segmentation:

Emergen Research has segmented the global dairy enzymes market in terms of application, type, and region:

• Application Outlook (Revenue, USD Million; 2017–2027)
  • Cheese
  • Milk
  • Yoghurt
  • Infant Formula
  • Ice Cream & Desserts
  • Others
• Type Outlook (Revenue, USD Million; 2017–2027)
  • Chymosin
  • Lipase
  • Lactase
  • Microbial Rennet
  • Others (Catalases and Proteases)          

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Exhaustive Analysis of the Competitive Landscape of the Global Dairy Enzymes Market:

• The global Dairy Enzymes market report zeroes in on the overall competitive scope of this industry vertical.
• The study provides detailed product information, alongside their specifications and prime applications.
• The study entails various pricing models and profit returns accrued, outlined by the key contenders across the market.
• The report enlists a wide array of strategic initiatives, for example, recent business deals, collaborations, joint ventures, mergers & acquisitions, product launches, and technological upgradation.
• The inference of the report comprises an exhaustive study of the key players of the market.

Table of Content
Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Dairy Enzymes Market Segmentation & Impact Analysis
    4.1. Dairy Enzymes Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Rising consumption of dairy products
                    4.2.2.2. Increasing requirement of significant nutritional valuable dairy products
                    4.2.2.3. Growing preference towards low-fat and healthy foods among obese population
          4.2.3. Market restraints analysis 
                    4.2.3.1. Chances of allergic reactions on exposure to lactase 
                    4.2.3.2. Respiratory issues linked with dairy allergies 
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

CONTINUED…!

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