1 Executive Summary
2 Market Introduction
2.1 Definition 19
2.2 Scope of the Study 19
2.3 Assumptions 20
2.4 Market Structure 20
2.5 Key Takeaways 21
2.6 Key Buying Criteria 21
3 Research Methodology
3.1 Research Process 23
3.2 Primary Research 24
3.3 Secondary Research 25
3.4 Market Size Estimation 25
3.5 Forecast Model 26
4 Market Dynamics
4.1 Introduction 28
4.2 Drivers 29
4.2.1 Increasing consumption of dairy products 29
4.2.2 Rising demand for low lactose & lactose-free dairy products 29
4.2.3 Strong performance of foodservice industry 31
4.2.4 Drivers Impact Analysis 31
4.3 Restraints 31
4.3.1 Evolving dairy allergies among the population 31
4.3.2 Restraints Impact Analysis 32
4.4 Opportunities 32
4.4.1 Rising applications of dairy-by products 32
4.5 Challenges 32
4.5.1 Stringent government guidelines and regulations 32
5 Market Factor Analysis
5.1 Value Chain Analysis 34
5.1.1 Raw Material Selection 34
5.1.2 Processing 34
5.1.3 Distribution & Sales 35
5.1.4 Post-sales Monitoring 35
5.2 Supply Chain Analysis 35
5.3 Porter’s Five Forces Analysis 36
5.3.1 Threat of New Entrants 36
5.3.2 Threat of Substitutes 37
5.3.3 Bargaining Power of Buyers 37
5.3.4 Bargaining Power of Suppliers 37
5.3.5 Internal Rivalry 38
6 Dairy Enzymes Market, By Type
6.1 Overview 40
6.1.1 Lactase 40
6.1.2 Proteases 40
6.1.3 Lipases 40
6.1.4 Others 40
7 Dairy Enzymes Market, By Application
7.1 Overview 44
7.1.1 Milk 44
7.1.2 Cheese 44
7.1.3 Yoghurt 44
7.1.4 Frozen Desserts 44
7.1.5 Infant Formula 44
7.1.6 Others 44
8 Dairy Enzymes Market, By Source
8.1 Overview 49
8.1.1 Plant 49
8.1.2 Animal & Microorganism 49
9 Global Dairy Enzymes Market, By Region
9.1 Introduction 52
9.2 North America 53
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.2.1 U.S. 55
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.2.2 Canada 56
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.2.3 Mexico 58
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.3 Europe 59
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.3.1 U.K. 61
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.3.2 Germany 63
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.3.3 France 64
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.3.4 Italy 66
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.3.5 Spain 67
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.3.6 Rest of Europe 69
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.4 Asia Pacific 70
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.4.1 China 72
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.4.2 India 73
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.4.3 Japan 75
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.4.4 Australia & New Zealand 77
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.4.5 ASEAN Countries 78
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.4.6 Rest of Asia Pacific 80
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.5 Latin America 81
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.5.1 Brazil 83
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.5.2 Argentina 85
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.5.3 Rest of Latin America 86
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.6 Middle East & Africa 88
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.6.1 GCC Countries 90
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.6.2 South Africa 91
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
9.6.3 Rest of Middle East & Africa 93
Dairy Enzymes Market, By Type
Dairy Enzymes Market, By Application
Dairy Enzymes Market, By Source
10 Competitive Landscape
11 Company Profiles
11.1 Chr. Hansen Holding A/S 99
11.1.1 Company Overview 99
11.1.2 Financial Overview 99
11.1.3 Products Offerings 100
11.1.4 Key Developments 100
11.1.5 SWOT Analysis 100
11.1.6 Key Strategy 101
11.2 Danisco A/S 102
11.2.1 Company Overview 102
11.2.2 Financial Overview 102
11.2.3 Products Offerings 103
11.2.4 Key Developments 103
11.2.5 SWOT Analysis 103
11.2.1 Key Strategy 104
11.3 DSM N.V. 105
11.3.1 Company Overview 105
11.3.2 Financial Overview 105
11.3.3 Products Offerings 106
11.3.4 Key Developments 106
11.3.5 SWOT Analysis 106
11.3.6 Key Strategy 106
11.4 Kerry Group PLC. 107
11.4.1 Company Overview 107
11.4.2 Financial Overview 107
11.4.3 Products Offerings 108
11.4.4 Key Developments 108
11.4.5 SWOT Analysis 108
11.4.6 Key Strategy 108
11.5 Novozymes A/S 109
11.5.1 Company Overview 109
11.5.2 Financial Overview 109
11.5.3 Products Offerings 110
11.5.4 Key Developments 110
11.5.5 SWOT Analysis 110
11.5.6 Key Strategy 110
11.6 Biocatalysts Limited 111
11.6.1 Company Overview 111
11.6.2 Financial Overview 111
11.6.3 Products Offerings 111
11.6.4 Key Developments 113
11.6.5 SWOT Analysis 113
11.6.6 Key Strategy 113
11.7 Advanced Enzymes Technologies Inc. 114
11.7.1 Company Overview 114
11.7.2 Financial Overview 114
11.7.3 Products Offerings 115
11.7.4 Key Developments 115
11.7.5 Key Strategy 115
11.8 SternEnzym GmbH & Company KG 116
11.8.1 Company Overview 116
11.8.2 Financial Overview 116
11.8.3 Products Offerings 116
11.8.4 Key Developments 116
11.8.5 Key Strategy 116
11.9 Connell Bros. Co. LLC 117
11.9.1 Company Overview 117
11.9.2 Financial Overview 117
11.9.3 Products Offerings 117
11.9.4 Key Strategy 117
11.10 Amano Enzyme Inc. 118
11.10.1 Company Overview 118
11.10.2 Financial Overview 118
11.10.3 Products Offerings 118
11.10.4 Key Strategy 118
12 Conclusion
12.1 Key Findings 120
12.1.1 CEO’s Viewpoint 120
12.1.2 Key Companies to Watch 120
12.1.3 Prediction 120
13 List of Tables
TABLE 1 GLOBAL DAIRY ENZYMES MARKET, BY REGION, 2023-2032 (USD MILLION) 14
TABLE 2 GLOBAL DAIRY ENZYMES MARKET, BY TYPE, 2023-2032 (USD MILLION) 15
TABLE 3 GLOBAL DAIRY ENZYMES MARKET, BY APPLICATION, 2023-2032 (USD MILLION) 16
TABLE 4 GLOBAL DAIRY ENZYMES MARKET, BY SOURCES, 2023-2032 (USD MILLION) 17
TABLE 5 LIST OF ASSUMPTIONS 20
TABLE 6 LACTOSE SENSITIVITY LEVEL AND DAILY TOLERANCE LIMIT 29
TABLE 7 DIFFERENCE BETWEEN LACTOSE INTOLERANCE & COW’S MILK PROTEIN (COMP) ALLERGY 30
TABLE 8 FAT, PROTEIN, AND LACTOSE CONTENT PROFILE OF DIFFERENT MILKS 30
TABLE 9 GLOBAL DAIRY ENZYMES (BY LACTASE) MARKET, BY REGION, 2023-2032 (USD MILLION) 41
TABLE 10 GLOBAL DAIRY ENZYMES (BY PROTEASES) MARKET, BY REGION, 2023-2032 (USD MILLION) 41
TABLE 11 GLOBAL DAIRY ENZYMES (BY LIPASES) MARKET, BY REGION, 2023-2032 (USD MILLION) 42
TABLE 12 GLOBAL DAIRY ENZYMES (BY OTHERS) MARKET, BY REGION, 2023-2032 (USD MILLION) 42
TABLE 13 GLOBAL DAIRY ENZYMES (MILK) MARKET, BY REGION, 2023-2032 (USD MILLION) 45
TABLE 14 GLOBAL DAIRY ENZYMES (CHEESE) MARKET, BY REGION, 2023-2032 (USD MILLION) 45
TABLE 15 GLOBAL DAIRY ENZYMES (BY YOGURT) MARKET, BY REGION, 2023-2032 (USD MILLION) 46
TABLE 16 GLOBAL DAIRY ENZYMES (BY FROZEN DESSERTS) MARKET, BY REGION, 2023-2032 (USD MILLION) 46
TABLE 17 GLOBAL DAIRY ENZYMES (BY INFANT FORMULA) MARKET, BY REGION, 2023-2032 (USD MILLION) 47
TABLE 18 GLOBAL DAIRY ENZYMES (BY OTHERS) MARKET, BY REGION, 2023-2032 (USD MILLION) 47
TABLE 19 GLOBAL DAIRY ENZYMES (BY PLANT) MARKET, BY REGION, 2023-2032 (USD MILLION) 49
TABLE 20 GLOBAL DAIRY ENZYMES (BY ANIMAL & MICROORGANISM) MARKET, BY REGION, 2023-2032 (USD MILLION) 50
TABLE 21 GLOBAL DAIRY ENZYMES MARKET, BY REGION, 2023-2032 (USD MILLION) 52
TABLE 22 NORTH AMERICA: DAIRY ENZYMES MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 53
TABLE 23 NORTH AMERICA: DAIRY ENZYMES MARKET, BY TYPE, 2023-2032 (USD MILLION) 53
TABLE 24 NORTH AMERICA: DAIRY ENZYMES MARKET, BY APPLICATION, 2023-2032 (USD MILLION) 54
TABLE 25 NORTH AMERICA: DAIRY ENZYMES MARKET, BY SOURCES, 2023-2032 (USD MILLION) 54
TABLE 26 U.S.: DAIRY ENZYMES MARKET, BY TYPE, 2023-2032 (USD MILLION) 55
TABLE 27 U.S.: DAIRY ENZYMES MARKET, BY APPLICATION, 2023-2032 (USD MILLION) 55
TABLE 28 U.S.: DAIRY ENZYMES MARKET, BY SOURCES, 2023-2032 (USD MILLION) 56
TABLE 29 CANADA: DAIRY ENZYMES MARKET, BY TYPE, 2023-2032 (USD MILLION) 56
TABLE 30 CANADA: DAIRY ENZYMES MARKET, BY APPLICAT