Lactase Market Size Worth $ 369.96 Million By 2032 | CAGR: 5.6%

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.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below:https://www.polarismarketresearch.com/industry-analysis/lactase-market/request-for-sample

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)

• Yeast
• Fungi
• Bacteria

Lactase, Form Outlook (Revenue - USD Million, Volume - Tons, 2019 - 2032)

• Dry
• Liquid

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

Lactase Report Scope: