Monday, June 21, 2021

Lactase Market Growth, Outlook, Demand, Key Player Analysis and Opportunity 2021 to 2026

 According to the latest report by IMARC Group, titled “Lactase Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global lactase market size reached US$ 180 Million in 2020. Also known as lactase-phlorizin hydrolase, lactase is an enzyme found in the liver, kidney, and small intestine of mammals that catalyzes the breakdown of lactose into glucose and galactose. Its production declines after the weaning phase in humans, thereby making them lactose intolerant, which is the inability to digest milk. As a result, lactase is consumed along with milk or milk products to prevent symptoms, such as cramps, gas, bloating and diarrhea. 

Get a sample copy of this Report: https://www.imarcgroup.com/lactase-market/requestsample

Global Lactase Market Trends:

A considerable rise in the number of individuals suffering from lactose intolerance is catalyzing the demand for lactose-free dairy products, such as ice cream and cheese, across the globe. This, in turn, is positively influencing the global lactase market growth. Apart from this, liquid lactase finds application in the pharmaceutical industry for manufacturing syrups and tonics. Moreover, the growing consciousness about health and wellness among the masses is encouraging the adoption of lactase pills that are consumed to ease irritable bowel syndrome (IBS) symptoms. The market is further driven by the introduction of new delivery forms, such as strength caplets and fast-acting chewable tablets. Besides this, the rising awareness about healthy digestion, in confluence with the proper functioning of the immune system, is anticipated to fuel the market growth. Looking forward, IMARC Group expects the market to continue its moderate growth during the forecast period (2021-2026).

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/lactase-market

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Advanced Enzyme Technologies
  • Antozyme Biotech Pvt Ltd
  • Biolaxi Corporation
  • Hansen Holding A/S
  • Creative Enzymes
  • DuPont de Nemours Inc.
  • Kerry Inc.
  • Koninklijke DSM N.V.
  • Merck KGaA
  • Novozymes A/S
  • Polttimo Oy

Lactase Market Segmentation:

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
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group
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