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Global Lactase Enzyme Market Outlook to 2023 with Chr. Hansen, Kerry, Koninklijke DSM, Merck, and Novozymes Dominating - ResearchAndMarkets.com

November 26, 2018

DUBLIN--(BUSINESS WIRE)--Nov 26, 2018--The “Global Lactase Enzyme Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The global lactase enzyme market is anticipated to grow at a CAGR of 3.91% during the period 2019-2023.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the rising awareness about lactose- free products. The diary producers are encouraged to increase the use of lactase to boost the production of lactose- free products, will fuel the growth of the market.

According to the report, one of the major drivers for this market is the rising consumer focus on enzyme- based foods. Rising awareness about health and wellness among individuals has increased their focus on the consumption of enzyme-based foods as they add useful nutrients to the diet, therefore, improving digestion.

Further, the report states that one of the major factors hindering the growth of this market is the shifting preference toward diary- free alternative. Many diary alternatives have various advantages over dairy products such as having fewer calories, more nutrients, and rich flavors. Therefore, the diary alterative will act as a major challenge for the market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Vendors

Chr. Hansen Kerry Koninklijke DSM Merck KGaA Novozymes

Key Questions Answered

What will the market size be in 2023 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space?

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by application Comparison by application F&B - Market size and forecast 2018-2023 Dietary supplements - Market size and forecast 2018-2023 Pharmaceuticals - Market size and forecast 2018-2023 Market opportunity by application

PART 07: MARKET SEGMENTATION BY SOURCE

Market segmentation by source

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

Geographic segmentation Geographic comparison Americas - Market size and forecast 2018-2023 EMEA - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 Key leading countries Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers Market challenges

PART 12: MARKET TRENDS

Rising awareness about lactose-free products Extensive product development Expansion strategies of vendors and establishment of new plants

PART 13: VENDOR LANDSCAPE

Overview Landscape disruption

PART 14: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Chr. Hansen Kerry Koninklijke DSM Merck KGaA Novozymes

For more information about this report visit https://www.researchandmarkets.com/research/d4rpkp/global_lactase?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181126005582/en/

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Related Topics:Enzymes,Food Additive Chemicals

KEYWORD:

INDUSTRY KEYWORD: HEALTH OTHER HEALTH MANUFACTURING CHEMICALS/PLASTICS RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/26/2018 12:05 PM/DISC: 11/26/2018 12:05 PM

http://www.businesswire.com/news/home/20181126005582/en

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