The global dairy enzymes market is expected to grow from USD 695.46 million in 2021 to USD 1321.13 million by 2030, at a CAGR of 7.39% during the forecast period 2022-2030. North America is expected to grow the fastest during the forecast period
Enzymes are categorized as proteins that facilitate the digestive process among living organisms. Dairy enzymes are a type of food additive utilized to improve the texture & quality of dairy products. Dairy products include proteins called dairy enzymes that contribute to higher food quality. The consumption of dairy enzymes can facilitate efficient digestion. Dairy enzymes are used as coagulants to produce dairy products such as milk, cheese, yogurt, and functional daily beverages. These enzymes play an essential role in keeping the gut clean & healthy.
Enzymes are a protein that facilitates the digestive process in living organisms. Dairy enzymes can also be integrated with other natural flavoring agents, such as vanilla extract, for ice cream & desserts. In the food & beverage industry, enzymes play a vital role in the processing, production, and preservation of dairy- and egg-based products, infant formula, chocolates, syrups, baby food, food colors and flavors, cheese, sweeteners, milk, and others. The application of enzymes in cheese production as coagulants, in flavor generation through lipolysis or proteolysis, and in the generation of lactose-free dairy has become mainstream. Further, the recent developments in food enzyme discovery technology in the areas such as extracting microbial sources for the dairy market are supposed to promote business growth. Also, during the COVID-19 epidemic, many small-scale dairy enzyme manufacturers have been severely affected as reliance on out-of-home channels is difficult for people due to the lockdown in many nations.
For example, in March 2020, Novozymes Company released Saphera Fiber, a new lactase enzyme utilized to improve fiber content while lowering sugar in both non-fermented and fermented dairy products.
For example, in March 2021, Amano Enzyme Company released maxizyme plus, a non-GMO enzyme designed for usage in different plant security products to produce a pleasant savory flavor.
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Drivers:
The growing concerns about digestive health: The increasing incidence of gastrointestinal illnesses has raised the worldwide demand for fermented milk products. The rising consumption of yogurt, cheese, and other dairy products in the developing industry is the driving factor of the market growth. Further, the raised demand for processed & ready-to-use food products, high demands for low-lactose and lactose-free dairy products, and a higher demand for vegan-based dairy enzymes are also helping to drive the market growth. Moreover, the manufacturers are concentrating on additional enhancements in their enzyme offerings that are applicable in the production of yogurt and cheese, allowing faster production and a double-digit enhancement in production efficiency. Further, growth in public knowledge of the advantages of dairy consumption, increased knowledge of the environmental benefits associated with enzymes, and lifestyle changes are the driving factors of the market growth during the forecast period.
Restraints:
The strict regulatory compliance and operational conditions: The safety laws about the use of enzymes in food & allergic reactions to dairy products and the stringent safety laws for the utilization of enzymes in food products are restraining factors of market growth. Further, the side effects on health associated with high consumption, like allergic reactions, hinder the market growth. Moreover, the fluctuations in the raw materials prices & supply chain disruptions due to the epidemic are expected to restrain the market growth during the forecast period. Further, the increasing respiratory problems and allergies to multiple dairy products, particularly milk, hamper the market growth. The high investment costs into skilled labor & other facilities for the safe and efficient production of such products are hindering the market growth.
Opportunities:
The raised demand for low-lactose & lactose-free dairy products: Introducing organic and natural flavored dairy products at an affordable cost is the opportunity factor for market growth. The high lactose intolerant population and growing demand for lactose-free dairy products among customers are also helping to drive market growth. The introduction of attractive packaging methods, innovative products, and exciting marketing campaigns are also helping to propel the industry growth during the forecast period. Further, the raised awareness about the benefits of personalized nutrition solutions and the vast and increased number of lactose intolerance cases across the countries are also boosting the market growth during the forecast period. Thus, the raised health awareness has increased the demand for low-lactose & lactose-free dairy products, introducing new product lines to the industry.
Regional segmentation analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest market for the global dairy enzymes market, with a 45.38% share of the market revenue in 2021. North America currently dominates the dairy enzymes market due to the rising customer awareness regarding health drivers of the dairy enzymes market. Additionally, the growing consumer awareness about the vital consumption of dietary necessities, population explosion, and enhanced food quality are also driving the dairy enzymes growth. Moreover, the ever-increasing consumption of dairy & confectionery items and the growing product demand from the brewing and dairy sectors is also boosting the market growth in this region during the forecast period. The Asia Pacific is expected to grow the fastest during the forecast period due to the high milk production countries such as China and India and the rising personal disposable income. Further, the world's largest producer & exporter of food ingredients is also helping to propel the market growth in this region. Also, an upsurge in food technology innovation, consistent R&D investment, and raised awareness of better-quality goods are driving market growth in this region.
North America region Dairy Enzymes Market Share in 2021 - 45.38%
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Application segment analysis
The application segment is divided into ice cream and desserts, infant formula, whey, cheese, yogurt, milk, and others. The cheese segment dominated the market, with a market share of around 21.13% in 2021. This growth is attributed to the increasing consumption of dairy products, which are high in nutritional value. Further, cheese is a famous and one of the most attractive foods globally. It is available in numerous variations of textures, tastes, and genres, with diverse applications in the food & beverages industry.
Product Type segment analysis
The product type segment is divided into microbial rennet, chymosin, lipase, lactase, and others. In 2021, the microbial rennet segment dominated the market with the largest market share of 28.17% and market revenue of 195.91 million. This growth is attributed to the increase in flexitarian & vegan populations. Microbial rennet is a coagulating agent based on live organisms like yeast, fungi, or mold. Microbial rennet is grown in the lab, where controlled conditions and constant monitoring assure the right quality of yeast, mold, or fungi incorporated in each ounce of rennet.
Source segment analysis
The source segment is divided into animal & microorganism and plant. In 2021, the animal & microorganism segment dominated the market, accounting for around 55.23% of global revenue. This growth is attributed to the multiple uses in producing food items like dairy items, beer, baked goods, and processed foods. Further, animals and microbiomes are the communities of microorganisms like viruses, fungi, and bacteria that symbiotically live around, on, and in animals, contributing to animal well-being and health. Microbiomes in animals are vital to maintaining the healthy function of their diverse ecosystems.
Attribute | Description |
---|---|
Market Size | Revenue (USD Million), Volume (Kg) |
Market size value in 2021 | USD 695.46 Million |
Market size value in 2030 | USD 1321.13 Million |
CAGR (2022 to 2030) | 7.39% |
Historical data | 2019-2020 |
Base Year | 2021 |
Forecast | 2022-2030 |
Segments | The research segment based on Product type, Application |
Regional Segments | The regions examined for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa |
As per The Brainy Insights, the size of the dairy enzymes market was valued at USD 695.46 million in 2021 to USD 1321.13 million by 2030.
Global dairy enzymes market is growing at a CAGR of 7.39% during the forecast period 2022-2030.
North America region emerged as the largest market for the dairy enzymes.
The market's growth will be influenced by the growth in the growing concerns about digestive health.
The strict regulatory compliance and operational conditions could hamper the market growth.
The raised demand for low-lactose & lactose-free dairy products will provide huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By Product Type
4.3.3. Market Attractiveness Analysis By Source
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing demand for nutritious dairy products
5.2.2. The growing concerns about digestive health
5.2.3. The increasing demand for cheese enzymes.
5.2.4. The increased consumption of dairy products associated with healthy eating
5.3. Restraints
5.3.1. The strict regulatory compliance and operational conditions
5.3.2. The increasing respiratory problems and allergies to multiple dairy products particularly milk
5.4. Opportunities
5.4.1. The raised demand for low-lactose & lactose-free dairy products
6. Global Dairy Enzymes Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Ice Cream and Desserts
6.3. Infant Formula
6.4. Whey
6.5. Cheese
6.6. Yogurt
6.7. Milk
6.8. Others
6.9. Powder
7. Global Dairy Enzymes Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. Microbial Rennet
7.3. Chymosin
7.4. Lipase
7.5. Lactase
7.6. Others
8. Global Dairy Enzymes Market Analysis and Forecast, By Source
8.1. Segment Overview
8.2. Animal & Microorganism
8.3. Plant
9. Global Dairy Enzymes Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Dairy Enzymes Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Dairy Enzymes Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Chr. Hansen A/S
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Kerry Group
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Dow.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Novozymes
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Cargill
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. SternEnzym GmbH & Co. KG
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Advanced Enzyme Technologies Limited
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Fytozimus Biotech
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Biocon
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Danisco A/S
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. DuPont
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. ENMEX
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Wilbur-Ellis Holdings, Inc.
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Genencor International, Inc.
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. FrieslandCampina
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. Biocatalysts
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Roquette Frères
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. DUMOCO
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Amano Enzyme Inc.
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. Fonterra Co-operative Group Limited
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Product Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
List of Table
1. Global Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
2. Global Ice Cream and Desserts, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
3. Global Infant Formula, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
4. Global Whey, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
5. Global Cheese, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
6. Global Yogurt, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
7. Global Milk, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
8. Global Others, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
9. Global Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
10. Global Microbial Rennet, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
11. Global Chymosin, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
12. Global Lipase, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
13. Global Lipase, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
14. Global Lactase, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
15. Global Others, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
16. Global Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
17. Global Animal & Microorganism, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
18. Global Plant, Dairy Enzymes Market, By Region, 2019-2030 (USD Million)
19. North America Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
20. North America Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
21. North America Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
22. U.S. Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
23. U.S. Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
24. U.S. Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
25. Canada Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
26. Canada Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
27. Canada Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
28. Mexico Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
29. Mexico Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
30. Mexico Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
31. Europe Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
32. Europe Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
33. Europe Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
34. Germany Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
35. Germany Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
36. Germany Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
37. France Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
38. France Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
39. France Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
40. U.K. Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
41. U.K. Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
42. U.K. Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
43. Italy Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
44. Italy Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
45. Italy Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
46. Spain Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
47. Spain Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
48. Spain Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
49. Asia Pacific Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
50. Asia Pacific Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
51. Asia Pacific Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
52. Japan Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
53. Japan Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
54. Japan Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
55. China Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
56. China Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
57. China Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
58. India Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
59. India Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
60. India Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
61. South America Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
62. South America Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
63. South America Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
64. Brazil Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
65. Brazil Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
66. Brazil Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
67. Middle East and Africa Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
68. Middle East and Africa Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
69. Middle East and Africa Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
70. UAE Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
71. UAE Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
72. UAE Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
73. South Africa Dairy Enzymes Market, By Application, 2019-2030 (USD Million)
74. South Africa Dairy Enzymes Market, By Product Type, 2019-2030 (USD Million)
75. South Africa Dairy Enzymes Market, By Source, 2019-2030 (USD Million)
List of Figures
1. Global Dairy Enzymes Market Segmentation
2. Global Dairy Enzymes Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top- Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Dairy Enzymes Market Attractiveness Analysis By Application
9. Global Dairy Enzymes Market Attractiveness Analysis By Product Type
10. Global Dairy Enzymes Market Attractiveness Analysis By Source
11. Global Dairy Enzymes Market Attractiveness Analysis By Region
12. Global Dairy Enzymes Market: Dynamics
13. Global Dairy Enzymes Market Share By Application (2022 & 2030)
14. Global Dairy Enzymes Market Share By Product Type (2022 & 2030)
15. Global Dairy Enzymes Market Share By Source (2022 & 2030)
16. Global Dairy Enzymes Market Share By Regions (2022 & 2030)
17. Global Dairy Enzymes Market Share By Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global dairy enzymes based on below mentioned segments:
Global Dairy Enzymes Market by Application:
Global Dairy Enzymes Market by Product Type:
Global Dairy Enzymes Market by Source:
Global Dairy Enzymes by Region:
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