Lactase Market Size was valued at USD 0.22 billion in 2022. The Lactase market industry is projected to grow from USD 0.23474 Billion in 2023 to USD 0.346396597 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.70 % during the forecast period (2023 - 2030). The rising incidence of lactose intolerance among consumers globally is the key market driver enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Lactase Market Trends
The rising lactose-intolerant populations lead to an increased demand for lactose-free dairy products. Lactose-free dairy products are generally lower-calorie profile products due to the removal of sugar; this drives the demand for lactose-free dairy products among the health-conscious population, which is anticipated to foster the demand for lactase among dairy manufacturers.
In dairy products, lactase changes the sugar to more easily absorbed carbohydrates like galactose and glucose. Growing consumer awareness of overall health and wellness is anticipated to encourage the use of lactase-based milk and milk products, driving up market growth.
During the coming few years, the demand for plant-based dairy products such as soy, almond, and coconut milk is projected to restrain the expansion of the lactase market. Furthermore, the demand for these products and the growing vegan population are predicted to increase significantly because items like nut butter, nut cream & cheese, and vegan yogurt don't contain lactose or cholesterol. Therefore, the rising incidence of lactose intolerance among consumers globally is the key market driver enhancing the growth of CAGR globally in recent years.
However, The main focus is on milk and yogurt, but it is expanding rapidly to other dairy products such as cheese, sour cream, and milk powder. Also, there is an increasing demand for lactase supplements available in various forms and consumption, which may reduce or prevent many of the symptoms that can occur when someone with lactose intolerance consumes dairy is another factor driving the growth of the Lactase market revenue.
Lactase Market Segment Insights
Lactase By Source Insights
The  Lactase Market segmentation, based on source, includes. The Lactase source is divided into Yeast, Fungi, and Bacteria. The yeast segment held the majority share in 2022, contributing to the  Lactase Market revenue. This is primarily owing to the rising prevalence of Lactase enzyme has a series of applications in the beverage and food industry, primarily in dairy products, since it brings down the lactose content and renders the products lactose-free.
December 2022: Angel Enzyme Preparation Co., Ltd., a subsidiary of Angel Yeast Co., Ltd., has started a new USD 53.4 million green manufacturing unit in Angel Biotechnology Industrial Park, Yichang City, that should foster the annual enzyme manufacturing output to around 5,000 tons. This will substantially elevate the firm's competitive edge in the enzyme preparations industry. Angel Enzyme Preparation offers stable and high-quality enzyme preparations, including lactase, protease, nuclease, deaminase, and glutaminase, which have widespread use in alcohol, baking, nucleic acid hydrolysis, proteolysis, feed, and dairy product processing industries.
July 2020:Â DuPont Nutrition & Biosciences (N&B) introduced Danisco Bonlacta, a new lactase enzyme solution developed for creating a nutritional profile regarding fiber and sugar content for lactose-free dairy products. The product was introduced for the North American market and is a thermophilic type of lactase with a unique capacity to withstand high-temperature processing methods.
Figure 1: Â Lactase Market by Source, 2022& 2030(USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Lactase by Application Insights
Based on Application, the  Lactase Market segmentation includes Milk, Yogurt, Ice Cream, Cheese, Dietary Supplements, and Others. The milk segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. This is because the increasing adoption of lactose-free milk over conventional milk mainly drives the demand for lactase. Hence, rising the segment grew as consumers consumed excellent foods with all-natural flavors and tastes. Lactose, a disaccharide, is broken down into galactose and glucose by lactase enzymes, which catalyze market growth. By releasing more recent goods that are low-fat, low-sugar, and abundant in proteins, fibers, and vitamins, dairy producers are increasing the number of consumers who buy their products. The use of dietary supplements based on lactase is expected to increase as people become more aware of problems with their digestive systems. In addition, it is projected that the development of new delivery forms, such as strength caplets and quick-act chewable, to treat lactose digesting issues, such as gas, abdominal bloating, nausea, stomach ache, and diarrhea, would further boost product demand.
In 2021:Â YO-MIX ViV, a lactic acid bacteria culture-based product used in ambient yogurt and other fermented beverages, will be launched by International Flavors and Fragrances (IFF). The product is intended for Asia-Pacific, with China receiving special attention. This launch has further broadened the growth opportunity for the Lactase industry.
In 2021: To meet the rising demand for a variety of plant-based products, including Lactic Acid and Polylactic Acid for Bioplastics and Other Plant-Based Solutions, LG Chem, a leading global diversified chemical company, and ADM, a global provider of nutrition and bio solutions, have signed a memorandum of understanding (MoU).
Lactase Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North America Lactase market accounted for USD 0.22 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to the high prevalence of heart diseases, diabetes, obesity, etc. The increasing population and hectic lifestyle are also significant factors behind this region's market growth.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Â LACTASE MARKET SHARE BY REGION 2022 (%)
 Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Lactase market accounts for the second-largest market share due to the availability of due to the high prevalence of heart diseases, diabetes, obesity, and others. The increasing population and hectic lifestyle are also major factors behind this region's market growth. Further, the Germany Lactase market held the largest market share, and the UK Lactase market was the fastest-growing market in the European Region.
The Asia-Pacific Lactase Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to increased rates due to the high prevalence of heart diseases, diabetes, obesity, etc. The increasing population and hectic lifestyle are also significant factors behind this region's market growth. Moreover, the China Lactase market held the largest market share, and the India Lactase market was the fastest-growing market in the Asia-Pacific region.
Hence, Asia-Pacific is anticipated to register the highest growth rate over the forecast period from 2022–2030.
Lactase Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Lactase market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Lactase industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
Manufacturing locally to reduce operating costs is one of the primary business strategies manufacturers adopt in the global Lactase industry to benefit clients and expand the market sector. Recently, the Lactase industry has provided medicine with some of the most significant benefits. The Lactase market major player such as Medtronic Inc (Ireland), Abbott Laboratories (US), Stryker Corporation (US), and others are working on expanding the market demand by investing in research and development activities.
An enzyme is a new brand for Angel enzymes products. They are dedicated to providing customers with perfect solutions in baking, proteolysis, nucleic acid hydrolysis, starch further processing, etc. They have built highly automated production lines for enzymes and other biological products.
Angel Enzyme Preparation Co., Ltd., an Angel Yeast Co., Ltd. subsidiary, has started a new USD 53.4 million green manufacturing unit in Angel Biotechnology Industrial Park, Yichang City, that should foster an annual enzyme manufacturing output of around 5,000 tons. This will substantially elevate the firm's competitive edge in the enzyme preparations industry. Angel Enzyme Preparation offers stable and high-quality enzyme preparations, including lactase, protease, nuclease, deaminase, and glutaminase, which have widespread use in alcohol, baking, nucleic acid hydrolysis, proteolysis, feed, and dairy product processing industries.
Key Companies in the Lactase market include
Lactase Industry Developments
In 2021: To meet the rising demand for a variety of plant-based products, including Lactic Acid and Polylactic Acid for Bioplastics and Other Plant-Based Solutions, LG Chem, a leading global diversified chemical company, and ADM, a global provider of nutrition and bio solutions, have signed a memorandum of understanding (MoU).
July 2020:Â DuPont Nutrition & Biosciences (N&B) introduced Danisco Bonlacta, a new lactase enzyme solution developed for creating a nutritional profile regarding fiber and sugar content for lactose-free dairy products. The product was introduced for the North American market and is a thermophilic type of lactase with a unique capacity to withstand high-temperature processing methods.
Lactase Market Segmentation
Lactase By Source Outlook
Lactase By Application Outlook
Lactase Regional Outlook
| Report Attribute/Metric | Details |
| Market Size2022 | USD 0.22 billion |
| Market Size 2023 | USD 0.23474 billion |
| Market Size 2030 | USD 0.34639 billion |
| Compound Annual Growth Rate (CAGR) | 6.70% (2023-2030) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2030 |
| Historical Data | 2019- 2021 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Â By Type, Form, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Bayer AG (Germany), The Nature's Bounty Co. (US), Glanbia plc (Ireland), Herbalife Nutrition Ltd. (US), GlaxoSmithKline plc (UK), Abbott Laboratories (US), Amway Corp (US), Otsuka Holdings Co., Ltd (Japan), Nature's Way Products, LLC (US), and Living Essentials Marketing, LLC (US) |
| Key Market Opportunities | ·        New product launches and R&D Amongst major key Players |
| Key Market Dynamics | ·        With the Rising focus on healthy food consumption, The market for plant-based ingredients is growing rapidly. |
Frequently Asked Questions (FAQ) :
The  Lactase Market size was valued at USD 0.22 Billion in 2022.
The global market is projected to grow at a CAGR of 6.70% during the forecast period 2022-2030.
North America had the largest share of the global market
The key players in the market are Bayer AG (Germany), The Nature's Bounty Co. (US), Glanbia plc (Ireland), Herbalife Nutrition Ltd. (US), GlaxoSmithKline plc (UK), Abbott Laboratories (US), Amway Corp (US), Otsuka Holdings Co., Ltd (Japan), Nature's Way Products, LLC (US), and Living Essentials Marketing, LLC (US).
The yeast source type dominated the market in 2022.
The milk application type had the largest share of the global market.
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