Lactase Market

Lactase Market was estimated at USD 1,744 Million in 2022 and is expected to touch USD 2,596 Million in 2030 and is predicted to grow at 5.1% CAGR during the forecast period.

Lactase Market Overview

Lactase is an enzyme found in the small intestine of mammals that catalyzes into the simple sugar glucose and galactose sources. It is an enzyme supplement used to help people who have has lactose intolerance and problem with digesting milk and other dairy Sources. Lactose is sugar found in milk sources.

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Major Lactase Market Drivers

The major factors driving the global lactase market include increasing lactose intolerance population with growing changing lifestyle and growing demand in the food and beverages industry. Lactose is widely used as substitute for the milk sources by the people who have problem with digesting milk and other milk sources. Further, increasing demand for the dietary and nutritional supplements among the people and athletes with growing health and fitness cautiousness around the globe has witnessed potential demand for the lactose market growth.

For instance, according to the Annual Reviews Organizations, the global dietary supplements business contributes over USD 100 Billion sales annually. Dietary supplements include lactose which has substantial health benefits including enhance nutrient levels, protect against disease or health problems such as heart attacks, osteoporosis, cancer, tooth decay, and neural tube defects in infants etc. Further, increasing trends towards health fitness nutritional diets among the young and geriatric population around the globe is expected to strengthen the lactose market growth.

Restraint in the Lactase Market

However, lack of cold storage and transportation facility across the globe which imposed high cost of the final sources may hamper the lactose market growth. Also, during the Covid-19 pandemic, the demand and supply chain of the raw material have been disrupted which ultimately imposed restraining factor for lactose market growth.

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Source – Segment Analysis

Based on the source, yeast segment holds the highest market share in 2020 in the global lactase market owing to increasing demand during the COVID-19 pandemic as it is part of a healthy mix of bacteria which help to boost the immune system, help to keep digestive system healthy and in balance. Yeast can help to absorb vitamins and minerals from food and can also help in fighting diseases.

Form – Segment Analysis

Based on the form, dry projected to have the largest market share over the forecast period in the global Lactase market in 2020, owing to rising launching of new supplements by the leading players due to growing demand. For instance, in 2019, HUM Nutrition one of the beauty vitamin and supplement company, has launched pre- and probiotic supplements that specifically for gut-skin, acne-prone and dry skin.

Application – Segment Analysis

Based on the application, food and beverages projected to have the largest market share over the forecast period in the global lactase market in 2020, owing to rising processed food and beverages demand due to growing population and increasing the production capacity by food and beverages manufacturers. For instance, according to the UN population report, the global population reached 7.7 Billion worldwide in 2019 and the is expected to reach around 8.5 Billion by 2030. It created massive demand for the food and beverages to serve such huge population around the globe.

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Regional – Segment Analysis:

Based on the region, North America region is expected to dominate the global lactase market in 2020 due to growing demand in the pharmaceutical manufacturing, rising adoption of the dietary supplements due to growing prevelence of the chronic and infectious diseases such as cancer, diabetes Covid-19 and surge in the health cautiousness among the people. For instance, according to the Public Health Organization Report, the dietary supplements consumption in the United States was valued USD 12 Billion annually.

Top Market Players

Various notable players operating in the market, include, Merck KGaA, Dupont De Nemours and Company, Dsm Chemicals, Novozymes., Senson, Natural Factors Inc., Specialty Enzymes & Biotechnologies, Nature’s Way Sources, Llc., Chr. Hansen A/S, Advanced Enzyme Technologies Limited, Sternenzyme, Amano Enzyme Inc., Calza Clemente and among others. 

Key Developments:

• • In 2020, Nestle SA has launched dairy and plant-based dairy alternatives accelerator with its extensive research and development accelerator in Konolfingen.
  • In 2018, Epigamia launched first lactose-free Artisanal Curd in India. The brand’s Source portfolio aims to improve gut-health and finally provides a cup of curd with “no consequences” to the Indian population.

Segments covered in the Report:

The global lactase market has been segmented on the basis of source, form, application, and key regions. Based on source, the market is segmented into fungi, yeast, and bacteria. Based on the form, the global lactose market is divided into dry and liquid. In terms of the application, the global lactose market is divided into dietary supplements, pharmaceuticals, food and beverages, and others. 

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Market Segmentation

Global Lactase Market by Source

• • Fungi
  • Yeast
  • Bacteria

Global Lactase Market by Form

• • Dry
  • Liquid

Global Lactase Market by Application

• • Dietary Supplements
  • Pharmaceuticals
  • Food and Beverages
  • Others

Global Lactase Market by Region

• • North America Lactase Market (Option 1: As a part of the free 25% customization)

    • By Source
    • By Form
    • By Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Lactase Market (Option 2: As a part of the free 25% customization)

    • By Source
    • By Form
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Lactase Market (Option 3: As a part of the free 25% customization)

    • By Source
    • By Form
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Lactase Market (Option 4: As a part of the free 25% customization)

    • By Source
    • By Form
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Lactase (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Merck KGaA
  • Dupont De Nemours And Company
  • Dsm Chemicals
  • Novozymes.
  • Senson
  • Natural Factors Inc.
  • Specialty Enzymes & Biotechnologies
  • Nature’s way sources, llc.
  • Hansen A/S
  • Advanced Enzyme Technologies Limited
  • Sternenzyme, S.A.