India dairy enzymes market is
expected to grow at a formidable rate during the forecast period, 2023-2027.
The market growth can be attributed to the rising usage of enzymes in dairy
products to improve the taste and texture. Besides, the increasing utilization
of microbial rennet over animal rennet to produce cheese and growing popularity
of processed dairy products like cheese and yogurt are expected to drive the growth
of market in the forecast period. Additionally, high prevalence of digestive
disorders among population and growing presence of drinkable yogurts are adding
to the growth of India dairy enzymes market. Moreover, shifting dietary trends
of consumers and rising understanding of the advantages of individualized
nutrition are fuelling the market growth. Furthermore, rise in personal
disposable income, westernization, changing lifestyles, and increasing demand
for lactose-free dairy products among consumers are contributing to the overall
market growth during the forecast period.
India dairy enzymes market is
segmented on the basis of type, application, source, and region. Based on type
of enzyme, the market is divided into lactase, chymosin, microbial rennet, lipase
and others. The
microbial rennet segment is expected to hold the largest market share in the
forecast period as the enzyme produced by the microorganisms is considered
vegetarian and is cheaper than animal rennet. Based on the application, the market
is divided into milk, cheese, ice-cream & desserts, yogurt, whey, infant
formula and others. The cheese segment is estimated to dominate the market by 2027
due to wide use of dairy enzymes like chymosin, catalase, lactase for cheese
production. Based on source, the market is divided into plant and animal &
microorganisms. The animal and micro-organism segment is anticipated to
dominate the market during the forecast period as they are highly preferred by
the manufacturers due to their simple extraction process and their growing
popularity.
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Some of the leading players in the
India dairy enzymes market are DowDuPont, Chr. Hansen, Kerry Group, Novozymes, DSM,
Advanced Enzymes Technologies, Biocatalysts, Fytozimus Biotech, Connell Bros., SternEnzym,
etc.
Attribute
|
Details
|
Historic Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million, CAGR for 2017-2021 and
2022-2027
|
Report coverage
|
Revenue Forecast, Company Share, Competitive
Landscape, Growth Factors, And Trends
|
Segments covered
|
·
By Type
·
By Source
·
By Application
|
Region scope
|
North Region, South Region, East
Region, West Region
|
Key companies profiled
|
DowDuPont, CHR. Hansen, Kerry Group,
Novozymes, DSM, Advanced Enzymes Technologies, Biocatalysts, Fytozimus
Biotech, Connell Bros., SternEnzym
|
Customization scope
|
10% free report customization with
purchase. Addition or alteration to regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact
research needs. Explore purchase options
|
Delivery Format
|
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, India dairy enzymes
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Dairy Enzymes Market,
By Type:
- Lactase
- Chymosin
- Microbial Rennet
- Lipase
- Others
- Dairy Enzymes Market,
By Application:
- Milk
- Cheese
- Ice-Cream & Desserts
- Yogurt
- Whey
- Infant Formula
- Others
- Dairy Enzymes Market,
By Source:
- Plant
- Animals & Microorganisms
- Dairy Enzymes Market,
by Region:
- North Region
- South Region
- East Region
- West Region
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India dairy enzymes market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according the company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
-
Profit margin
analysis in case of direct and indirect sales channel.
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