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Press Release:

Global Lactase Market to Witness Moderate Growth During 2021-2026, Bolstered by Rising Prevalence of Lactose Intolerance

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Lactase Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global lactase market grew at a CAGR of around 6% during 2015-2020. Lactase, also known as lactase-phlorizin hydrolase, is an enzyme naturally found in yeast, fungi and the small intestines of mammals, which hydrolyzes beta(β)-galactosides into simple sugar glucose and galactose. Its deficiency in the gut can lead to the development of lactose intolerance, which results in abdominal cramping and diarrhea after ingesting milk products. Consequently, lactase is added to regular milk for preventing the symptoms of lactose intolerance and enables individuals to consume adequate amounts of milk. Lactase is also available in different dosage forms, including drops, capsules and tablets.

A significant rise in the number of individuals suffering from lactose intolerance is positively influencing the demand for lactose-free dairy products. This represents one of the key factors positively influencing the lactase demand to produce lactose-free milk products. Moreover, the growing awareness about health and wellness among individuals is promoting the adoption of lactase pills, which are taken before consuming dairy products to help ease irritable bowel syndrome (IBS) symptoms. Apart from this, as liquid lactase has better functionality and high activity, it is finding extensive application in the pharmaceutical industry for manufacturing syrups and tonics. The leading market players are also introducing new delivery forms, such as strength caplets and fast-acting chewable tablets, to prevent lactose digestion problems like gas, nausea and stomachache. Furthermore, the growing awareness among individuals about healthy digestion and proper functioning of the immune system is anticipated to drive the market. Looking forward, IMARC Group expects the global lactase market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global lactase market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, source, form and application.

Breakup by Source:

  • Fungi
  • Yeast
  • Bacteria
     

Breakup by Form:

  • Powder
  • Liquid
     

Breakup by Application:

  • Food and Beverages
    • Milk
    • Cheese
    • Yogurt
    • Others
  • Dietary Supplements
  • Pharmaceuticals
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Enzyme Technologies, Antozyme Biotech Pvt Ltd, Biolaxi Corporation, Chr. Hansen Holding A/S, Creative Enzymes, DuPont de Nemours Inc., Kerry Inc., Koninklijke DSM N.V., Merck KGaA, Novozymes A/S and Polttimo Oy.

Key Questions Answered in This Report:

  • How has the global lactase market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global lactase market?
  • What are the key regional markets?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global lactase market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1   Overview
    4.2   Key Industry Trends
5   Global Lactase Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6   Market Breakup by Source
    6.1   Fungi
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2   Yeast
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3   Bacteria
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Form
    7.1   Powder
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2   Liquid
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Application
    8.1   Food and Beverages
        8.1.1 Market Trends
        8.1.2 Major Types
           8.1.2.1 Milk
           8.1.2.2 Cheese
           8.1.2.3 Yogurt
           8.1.2.4 Others
        8.1.3 Market Forecast
    8.2   Dietary Supplements
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3   Pharmaceuticals
        8.3.1 Market Trends
        8.3.2 Market Forecast
9   Market Breakup by Region
    9.1   North America
        9.1.1   United States
            9.1.1.1 Market Trends
            9.1.1.2 Market Forecast
        9.1.2   Canada
            9.1.2.1 Market Trends
            9.1.2.2 Market Forecast
    9.2   Asia Pacific
        9.2.1   China
            9.2.1.1 Market Trends
            9.2.1.2 Market Forecast
        9.2.2   Japan
            9.2.2.1 Market Trends
            9.2.2.2 Market Forecast
        9.2.3   India
            9.2.3.1 Market Trends
            9.2.3.2 Market Forecast
        9.2.4   South Korea
            9.2.4.1 Market Trends
            9.2.4.2 Market Forecast
        9.2.5   Australia
            9.2.5.1 Market Trends
            9.2.5.2 Market Forecast
        9.2.6   Indonesia
            9.2.6.1 Market Trends
            9.2.6.2 Market Forecast
        9.2.7   Others
            9.2.7.1 Market Trends
            9.2.7.2 Market Forecast
    9.3   Europe
        9.3.1   Germany
            9.3.1.1 Market Trends
            9.3.1.2 Market Forecast
        9.3.2   France
            9.3.2.1 Market Trends
            9.3.2.2 Market Forecast
        9.3.3   United Kingdom
            9.3.3.1 Market Trends
            9.3.3.2 Market Forecast
        9.3.4   Italy
            9.3.4.1 Market Trends
            9.3.4.2 Market Forecast
        9.3.5   Spain
            9.3.5.1 Market Trends
            9.3.5.2 Market Forecast
        9.3.6   Russia
            9.3.6.1 Market Trends
            9.3.6.2 Market Forecast
        9.3.7   Others
            9.3.7.1 Market Trends
            9.3.7.2 Market Forecast
    9.4   Latin America
        9.4.1   Brazil
            9.4.1.1 Market Trends
            9.4.1.2 Market Forecast
        9.4.2   Mexico
            9.4.2.1 Market Trends
            9.4.2.2 Market Forecast
        9.4.3   Others
            9.4.3.1 Market Trends
            9.4.3.2 Market Forecast
    9.5   Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10   SWOT Analysis
    10.1   Overview
    10.2   Strengths
    10.3   Weaknesses
    10.4   Opportunities
    10.5   Threats
11   Value Chain Analysis
12   Porters Five Forces Analysis
    12.1   Overview
    12.2   Bargaining Power of Buyers
    12.3   Bargaining Power of Suppliers
    12.4   Degree of Competition
    12.5   Threat of New Entrants
    12.6   Threat of Substitutes
13   Price Analysis
14   Competitive Landscape
    14.1   Market Structure
    14.2   Key Players
    14.3   Profiles of Key Players
        14.3.1   Advanced Enzyme Technologies
            14.3.1.1 Company Overview
            14.3.1.2 Product Portfolio
            14.3.1.3 Financials
        14.3.2   Antozyme Biotech Pvt Ltd
            14.3.2.1 Company Overview
            14.3.2.2 Product Portfolio
            14.3.2.3 Financials
        14.3.3   Biolaxi Corporation
            14.3.3.1 Company Overview
            14.3.3.2 Product Portfolio
        14.3.4   Chr. Hansen Holding A/S
            14.3.4.1 Company Overview
            14.3.4.2 Product Portfolio
            14.3.4.3 Financials
            14.3.4.4 SWOT Analysis
        14.3.5   Creative Enzymes
            14.3.5.1 Company Overview
            14.3.5.2 Product Portfolio
            14.3.5.3 Financials
        14.3.6   DuPont de Nemours Inc
            14.3.6.1 Company Overview
            14.3.6.2 Product Portfolio
            14.3.6.3 Financials
        14.3.7   Kerry Inc.
            14.3.7.1 Company Overview
            14.3.7.2 Product Portfolio
            14.3.7.3 Financials
        14.3.8   Koninklijke DSM N.V.
            14.3.8.1 Company Overview
            14.3.8.2 Product Portfolio
            14.3.8.3 Financials
            14.3.8.4 SWOT Analysis
        14.3.9   Merck KGaA
            14.3.9.1 Company Overview
            14.3.9.2 Product Portfolio
            14.3.9.3 Financials
            14.3.9.4 SWOT Analysis
        14.3.10   Novozymes A/S
            14.3.10.1 Company Overview
            14.3.10.2 Product Portfolio
            14.3.10.3 Financials
            14.3.10.4 SWOT Analysis
        14.3.11   Polttimo Oy
            14.3.11.1 Company Overview
            14.3.11.2 Product Portfolio
            14.3.11.3 Financials

List of Figures

Figure 1: Global: Lactase Market: Major Drivers and Challenges
Figure 2: Global: Lactase Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Lactase Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Lactase Market: Breakup by Source (in %), 2020
Figure 5: Global: Lactase Market: Breakup by Form (in %), 2020
Figure 6: Global: Lactase Market: Breakup by Application (in %), 2020
Figure 7: Global: Lactase Market: Breakup by Region (in %), 2020
Figure 8: Global: Lactase (Fungi) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Lactase (Fungi) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Lactase (Yeast) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Lactase (Yeast) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Lactase (Bacteria) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Lactase (Bacteria) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Lactase (Powder) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Lactase (Powder) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Lactase (Liquid) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Lactase (Liquid) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Lactase (Food and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Lactase (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Lactase (Dietary Supplements) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Lactase (Dietary Supplements) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Lactase (Pharmaceuticals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Lactase (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: United States: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: United States: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Canada: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Canada: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia Pacific: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia Pacific: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: China: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: China: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Japan: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Japan: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: India: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: India: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: South Korea: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: South Korea: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Australia: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Australia: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Indonesia: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Indonesia: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Others: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Others: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Europe: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Europe: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Germany: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Germany: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: France: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: France: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: United Kingdom: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: United Kingdom: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Italy: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Italy: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Spain: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Spain: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Russia: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Russia: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Others: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Others: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Latin America: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Latin America: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Brazil: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Brazil: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Mexico: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Mexico: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Middle East and Africa: Lactase Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Middle East and Africa: Lactase Market: Breakup by Country (in %), 2020
Figure 72: Middle East and Africa: Lactase Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Global: Lactase Industry: SWOT Analysis
Figure 74: Global: Lactase Industry: Value Chain Analysis
Figure 75: Global: Lactase Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Lactase Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Lactase Market Forecast: Breakup by Source (in Million US$), 2021-2026
Table 3: Global: Lactase Market Forecast: Breakup by Form (in Million US$), 2021-2026
Table 4: Global: Lactase Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Lactase Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Lactase Market: Competitive Structure
Table 7: Global: Lactase Market: Key Players

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