Lactase Market Size, Share, Industry Report 2024-2032

Lactase Market Report by Source (Fungi, Yeast, Bacteria), Form (Powder, Liquid), Application (Food and Beverages, Dietary Supplements, Pharmaceuticals), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112023A3199

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Market Overview:

The global lactase market size reached US$ 258.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 442.9 Million by 2032, exhibiting a growth rate (CAGR) of 5.88% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 258.0 Million
Market Forecast in 2032	US$ 442.9 Million
Market Growth Rate 2024-2032	5.88%

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.

Global Lactase Market Report

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.

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 at the global, regional and country level from 2024-2032. Our report has categorized the market based on 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.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Source, Form, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	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
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

We expect the global lactase market to exhibit a CAGR of 5.88% during 2024-2032.

The rising number of lactose-intolerant individuals, coupled with the increasing consumption of lactase pills to ease irritable bowel syndrome (IBS) symptoms, is primarily driving the global lactase market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of lactase in different dosage forms, including drops, capsules, tablets, etc.

Based on the source, the global lactase market can be segmented into fungi, yeast, and bacteria. Currently, yeast holds the majority of the total market share.

Based on the form, the global lactase market has been divided into powder and liquid, where powder currently exhibits a clear dominance in the market.

Based on the application, the global lactase market can be categorized into food and beverages, dietary supplements, and pharmaceuticals. Among these, the food and beverage sector accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.

Some of the major players in the global lactase market include 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.

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