Dairy Enzymes Market Research Report: Information By Product(Carbohydrate Dairy Enzymes, Protease Dairy Enzymes, Polymerase & Nuclease Dairy Enzymes, Lipase Dairy Enzymes, Phytase Dairy Enzymes, and other Dairy Enzymes), By Source(Plant-Based and Animal & Micro-organisms Based), By Application (Dairy Enzymes for Milk, Dairy Enzymes for Cheese, Dairy Enzymes for Ice Creams & Desserts, Dairy Enzymes for Yogurt, Dairy Enzymes for Whey, Dairy Enzymes for Infant Formula and Dairy Enzymes for other Applications) and Region (North America, Europe,

Dairy Enzymes Market Overview

The global dairy enzymes market is projected to reach approximately USD 906.37 million by 2030, at a CAGR of 6.70% from 2022 to 2030. Proteins that help with digestion in living things are referred to as enzymes. Dairy products contain proteins known as dairy enzymes, which improve the quality of meals. The use of dairy enzymes can aid in efficient digestion. Coagulants and enzymes are used to thicken milk to produce dairy products like yogurt and cheese. Additionally, several enzymes are used to improve the solubility and flavor of the end product. Enzymes reduce water, energy, and chemical use, which suggests that they enhance milk quality and all other milk products. The growing demand primarily drives the market to maintain dairy products' freshness and enhance their flavor and texture. The market for dairy enzymes is anticipated to grow as consumers desire novel milk products packed with prebiotic fiber, sugar-free and lactose-free. Dairy enzyme use has increased due to rising consumer demand for cheese products with a more complex texture and flavor. The demand for dairy enzymes is influenced by their capacity to enhance cheese freshness, lessen whey's bitterness, and facilitate milk digestion.

COVID-19 Impact Analysis

After suffering a setback due to the COVID-19 pandemic, the worldwide dairy enzymes market has significantly recovered. Cheese, milk, and other dairy products were sold in the stores and malls that were shut down due to the COVID-19 outbreak. Food component makers faced considerable obstacles, such as shifting customer tastes and preferences to address the growing demand for food enzymes among consumers during the COVID-19 pandemic. The market for dairy enzymes saw a notable increase when the lockdown was removed. Governments all across the world started certain programs to help the dairy industry. For instance, in March 2020, the US Department of Agriculture (USDA) invested an additional USD 80 million in Dairy Business Innovation (DBI) initiatives. This funding was intended to help DBI Initiatives provide technical assistance to dairy producers badly impacted by the COVID-19 outbreak.

Market Dynamics

As per the dairy enzymes market analysis, the market is predicted to experience growth during the forecast period due to rising dairy enzyme supplement utilization for manufacturing milk and milk products with improved physical and functional qualities in the food industry. Furthermore, the demand for processed milk drives the market due to growing urbanization in developing nations and increased consumer purchasing power. In addition, the demand for enzymes to digest dairy has increased because of the rise of lactose intolerance, as lactose-free milk products can still include important minerals like vitamins and calcium. For newborns who experience allergic responses to cow's milk, dairy enzymes are frequently used to process foods containing milk proteins. These aspects influence the demand for dairy enzymes.

Drivers

• Increasing digestive health concerns are boosting the demand for probiotic products

The demand for fermented milk products has increased globally due to the rising prevalence of gastrointestinal diseases. Yogurt is one type of probiotic milk beverage available in both drinkable and traditional forms, both of which come in various tastes, making it one of the most well-liked foods among customers searching for products to enhance their digestive health. Probiotics are a key ingredient in the burgeoning market for digestive health products, and consumers of all ages are taking advantage of this trend. For instance, the ITC Trade Map indicates that yogurt imports to the United Kingdom in 2021 totaled 282,980 metric tons, up from 219,085 metric tons in 2019. The other crucial elements boosting the sales of fermented dairy products at various locations are the continuing trends of healthy hydration and healthy snacking. Consequently, the market expansion will be accelerated.

• Growing demand for low-lactose and lactose-free dairy products


• Environmental benefits associated with enzymes

Restraints:

• Restricted operational conditions

The development of the worldwide dairy enzyme market is being hampered by controlled operational conditions and the corresponding dairy allergy. Due to safety worries over the use of food enzymes and reactions to dairy products, the market for dairy enzymes may face increasing difficulties. For numerous small firms, the significant initial investment required by the dairy enzyme sector has proven to be a barrier. This is the main obstacle to the global dairy enzyme market. The market boom for dairy enzymes is predicted to be hampered by strict laws on how people can utilize enzymes in a range of dairy products, particularly milk and various foods.

• High initial investments

Opportunities:

• Increasing prevalence of lactose intolerance and dairy allergy

Products with a reduced lactose content can be made using dairy enzymes. This can make dairy products more enjoyable for those with slight lactose intolerance. People are resorting to these items as lactose intolerance becomes more common because taking medications for lactose intolerance every time they want to eat something with lactose could be inconvenient. Therefore, the growing prevalence of lactose intolerance and dairy allergies has led to increased consumption of dairy enzymes, providing a growth opportunity for global market growth.

• Abolition of milk quota in the European Union

Segment Overview

By Product

Based on the product, the global dairy enzymes market is divided into carbohydrate dairy enzymes, protease dairy enzymes, polymerase & nuclease dairy enzymes, lipase dairy enzymes, phytase dairy enzymes, and other dairy enzymes. The protease dairy enzymes category had a prominent share in 2021 due to several uses of proteases in varied industries. Its eco-friendly nature, due to its non-pathogenic and non-toxic attributes, adds to its advantage, leading to a surge in product uptake. Besides this, the lipase dairy enzyme category is the fastest growing. Glycerol and fatty acids, which can either be used as an energy source or stored in adipose tissue, are produced when lipids and fats are broken down. The process is called lipolysis. By fragmenting big triglyceride molecules into smaller ones, they also control how fat cells are made.

By Source

Based on source, the market is divided into plant-based, animal, and micro-organisms. The animal & microorganism-based category had a prominent share in 2021. Due to the ease of the extraction procedure, animals and microbes are frequently used as sources of dairy ingredients. In addition, compared to dairy enzymes derived from plants, the significant research that has to be done on microbes is easier and more affordable to carry out.

By Application

Based on application, the global dairy enzymes market is divided into dairy enzymes for milk, dairy enzymes for cheese, dairy enzymes for ice creams & desserts, dairy enzymes for yogurt, dairy enzymes for whey, dairy enzymes for infant formula, and dairy enzymes for other applications. The dairy enzymes for cheese category had a prominent share in 2021. Due to the increased demand for processed milk products among consumers with greater purchasing power. Dairy enzymes will likely be utilized to produce cheese with improved flavor shortly. The dairy digestive enzymes aid in the digestion of milk, enhance cheese freshness, and lessen whey's harshness. Microbial enzymes drive the cheese category by hastening cheese ripening to create good flavor and texture.

Global Dairy Enzymes Market Share, by Region, 2021 (%)Regional Analysis

By region, the global dairy enzymes market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the most extensive market share. Asia-Pacific is projected to exhibit the highest CAGR during the review period.

North America

In 2021, the North American dairy enzymes market had the largest share. The enzymes for the dairy market in the region have grown due to the rising demand for flavored milk products. The producers of enzymes used in the dairy industry can benefit financially from the region's robust dairy sector, which is also present there. The demand for novel dairy products that are lactose-free, sugar-free, and enhanced with prebiotic fiber is rising among health-conscious consumers in the region, propelling the market for dairy enzymes. Cheese producers in the region are increasingly in need of dairy enzymes due to rising consumer demand for cheese with robust flavor and texture.

Asia-Pacific

Asia-Pacific dairy enzymes market is anticipated to encounter the fastest growth rate. This is mostly related to the fact that people's eating habits are changing, notably their use of dairy products for breakfast. Due to their convenience, products like yogurt drinks are seeing an increasing trend in the Asia-Pacific market. For instance, Indian firm Epigamia introduced a variety of plant-based yogurt made with coconuts in August 2020 for Indian consumers. The manufacturer asserts that the yogurt's consistency is identical to traditional dairy yogurts due to its creamy texture. They come in two flavors: unsweetened and coconut jaggery. Furthermore, many products are on the market, like digestive enzymes for dairy and gluten, due to the intense competition among numerous large and small businesses, including many regional competitors. As a result, the Asia-Pacific region has grown into a market with strong competition.

Competitive Landscape

The market includes tier-1, tier-2, and local players. The tier-1 and tier-2 players have global reach with diverse product portfolios. Companies such as DowDuPont, Kerry Group, DSM, Chr. Hansen, Novozymes, and Advanced Enzymes Technologies dominate the global dairy enzymes market due to product differentiation, strategic developments, financial stability, and diversified regional presence. The players are concentrating on supporting research and development. They embrace strategic growth initiatives, such as development, product introduction, joint ventures, and partnerships, to strengthen their market position and capture an extensive customer base. For instance, in June 2021, Nurica, a novel enzyme for dairy products, was introduced in the US by International Flavors & Fragrances Inc (IFF). To naturally produce a high output of prebiotic galacto-oligosaccharide fibers, Nurica uses the lactose found in milk. This component lowers the amount of sugar and lactose. Similarly, in March 2021, Amano Enzyme released UmamizymeTM Pulse, a non-GMO enzyme intended for use in a variety of plant protein products to provide a pleasant, savory (umami) flavor that is comparable to that supplied by monosodium glutamate (MSG), as well as a feeling of richness and complexity (kokumi).

Prominent global dairy enzymes market players include DowDuPont, Kerry Group, DSM, Chr. Hansen, Novozymes, Advanced Enzymes Technologies, Amano Enzymes, Fytozimus Biotech, Enmex. SternEnzym, Biocatalysts and Connell Bros.

Scope of the Report

Global Dairy Enzymes Market, by Product

• Carbohydrate Dairy Enzymes


• Protease Dairy Enzymes


• Polymerase & Nuclease Dairy Enzymes


• Lipase Dairy Enzymes


• Phytase Dairy Enzymes


• Other Dairy Enzymes

Global Dairy Enzymes Market, by Source

• Plant-Based


• Animal and Micro-organisms Based

Global Dairy Enzymes Market, by Application

• Dairy Enzymes for Milk


• Dairy Enzymes for Cheese


• Dairy Enzymes for Ice Creams & Desserts


• Dairy Enzymes for Yogurt


• Dairy Enzymes for Whey


• Dairy Enzymes for Infant Formula


• Dairy Enzymes for Other Applications

Global Dairy Enzymes Market, by Region

• North America


• US


• Canada


• Mexico


• Europe


• UK


• Germany


• France


• Italy


• Spain


• Rest of Europe


• Asia-Pacific


• China


• India


• Japan


• Australia and New Zealand


• Rest of Asia-Pacific


• Rest of the World


• South America


• Middle East


• Africa

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

Market Size and Forecast:

To identify and estimate the market size for the global dairy enzymes market segmented by product, source, and application by value (in US dollars). Also, to understand the consumption/demand created by consumers of dairy enzymes between 2022 and 2030

Market Landscape and Trends:

To identify and infer the drivers, restraints, opportunities, and challenges for the global dairy enzymes market

Market Influencing Factors:

To find out the factors which are affecting the sales of dairy enzymes among consumers

Impact of COVID-19:

To identify and understand the various factors involved in the global dairy enzymes market affected by the pandemic

Company Profiling:

To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company in the past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Intended Audience

• Dairy Enzymes Manufacturers


• Raw Material Suppliers


• Retailers, Wholesalers, and Distributors


• Governments Associations and Industrial Bodies


• Investors and Trade Experts