Global Lactase Market to Reach $413.8 Million by 2030
The global market for Lactase estimated at US$272.5 Million in the year 2022, is projected to reach a revised size of US$413.8 Million by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030. Yeast, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$235.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fungi segment is readjusted to a revised 4.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $72.9 Million, While China is Forecast to Grow at 8.2% CAGR
The Lactase market in the U.S. is estimated at US$72.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$93.4 Million by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 43 Featured) -
- Advanced Enzymes Technologies Ltd.
- Amano Enzyme, Inc.
- Chr. Hansen Holdings A/S
- Dow, Inc.
- DuPont de Nemours, Inc.
- Enzyme Development Corporation
- Enzyme Solutions, Inc.
- Koninklijke DSM NV
- Kono Chem Co., Ltd.
- Novozymes A/S
- Shanxi Enze Biotechnology Co., Ltd.
- Specialty Enzymes & Biotechnologies Co.
- SternEnzym GmbH & Co. KG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Enzymes Technologies Ltd.
- Amano Enzyme, Inc.
- Chr. Hansen Holdings A/S
- Dow, Inc.
- DuPont de Nemours, Inc.
- Enzyme Development Corporation
- Enzyme Solutions, Inc.
- Koninklijke DSM NV
- Kono Chem Co., Ltd.
- Novozymes A/S
- Shanxi Enze Biotechnology Co., Ltd.
- Specialty Enzymes & Biotechnologies Co.
- SternEnzym GmbH & Co. KG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 324 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 272.5 Million |
| Forecasted Market Value ( USD | $ 413.8 Million |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
