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Lactase (ß-Galactosidase) is an enzyme capable of hydrolyzing lactose into glucose and galactose. Lactase is commonly used to catalyze the hydrolysis of lactose in the food industry for making lactose reduced/free products e.g. milk, yogurt, cream and ice cream.
Scope of the Report:
This report focuses on the Lactase in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
With 70% of the world's population unable to tolerate lactose, it's hardly surprising that the trend towards healthier food has brought a growing demand for lactose-free dairy products.
The technical barriers of lactase are relatively not high, resulting in numerous manufacturing enterprises. In the market, there are some relatively large enterprises, such as DSM, Novozymes, DuPont, Chr. Hansen Holding, Amano Enzyme, Enzyme Development, SternEnzym, and Specialty Enzymes & Biotechnologies. These companies mainly concentrate in Europe. Europe is the largest producer, more than 60% of total production in 2016. However, China enterprises have rather small production because of technology and equipment, especially in neutral lactase market. Every year, China import amount of neutral lactase to meet the needs of local dairy products companies.
In the past few years, the price of lactase has decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of lactase.
As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. With the snatch for market share in emerging regions, the competition in lactase industry will become more intense.
The worldwide market for Lactase is expected to grow at a CAGR of roughly 4.6% over the next five years, will reach 1080 million US$ in 2023, from 830 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Chr. Hansen Holding
- Amano Enzyme
- Enzyme Development
- Specialty Enzymes & Biotechnologies
- Enzyme Solutions
- Advanced Enzymes
- Zhongnuo BioTech
- Enze Bio
- Meihua BioTech
- Kono Chem
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Neutral Lactase
- Acid Lactase
Market Segment by Applications, can be divided into
- Food Industry
- Pharmaceutical Industry
There are 15 Chapters to deeply display the global Lactase market.
Chapter 1, to describe Lactase Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Lactase, with sales, revenue, and price of Lactase, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Lactase, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Lactase market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Lactase sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source