Rennet Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The Rennet market is expected to grow steadily in the coming years. It is currently valued at $ 2 billion and is expected to reach $ 3.5 billion by 2035. This represents a CAGR of 4.62% between 2025 and 2035. There are several reasons for this growth. The rising demand for dairy products and the growing trend towards organic and natural food play a key role. Further, the advancement of biotechnology and the rennet industry is contributing to the quality and efficiency of rennet, which will further promote the growth of the market. The main players in the rennet market are Chr. Hansen & Son, GEA, and DSM. DuPont is also an important player. The three companies have recently entered into strategic cooperation and increased their R & D activities. Hansen & Son, for example, has recently merged with GEA and is now part of the DSM group. Chr. Hansen & Son has mainly focused on developing new enzymes to meet the changing needs of the dairy industry. The growing demand for vegetarian and microbial rennet alternatives is also reshaping the product range and opening up new markets. These factors will play an important role in shaping the future of the rennet market.

Regional Market Size

Regional Deep Dive

The rennet market is characterized by the diversity of the different regions, which is reflected in the varying preferences of consumers, in the different regulatory frameworks and in the different dairy production methods. In North America, the market is influenced by the strong cheese industry and the growing interest in natural and organic foods. In Europe, rennet consumption is still high, driven by the high demand for artisan cheeses. In the Asia-Pacific region, rapid growth is seen, mainly due to increasing dairy consumption and rising purchasing power, while in the Middle East and Africa a slow but steady increase in rennet consumption is reflected in the growing dairy industries. Latin America is also emerging as an important player, with the aim of supplying local cheese production and the export market.

Europe

• The European Union's stringent regulations on food safety and labeling have led to increased transparency in rennet sourcing, with a notable shift towards the use of non-animal rennet in artisanal cheese production.
• Key players like Lactalis and Arla Foods are investing in sustainable practices, including the use of renewable energy in rennet production, aligning with the EU's Green Deal initiatives.

Asia Pacific

• The growing popularity of Western-style cheeses in countries like China and India is driving demand for rennet, with local companies such as Inner Mongolia Yili Industrial Group adapting their production to include rennet-based cheeses.
• Government initiatives to boost dairy production in India, such as the National Dairy Plan, are expected to increase the demand for rennet as local cheese production expands.

Latin America

• Countries like Brazil and Argentina are focusing on enhancing their cheese export capabilities, leading to increased investments in rennet production to meet international standards.
• The rise of local cheese brands in Latin America is fostering innovation in rennet sourcing, with companies exploring both traditional and microbial rennet options to cater to diverse consumer preferences.

North America

• The rise of plant-based diets has led to innovations in rennet alternatives, with companies like DuPont and Chr. Hansen investing in research to develop microbial rennet options that cater to vegan consumers.
• Regulatory changes in food labeling are pushing manufacturers to clearly indicate the source of rennet used in cheese production, prompting companies to adapt their sourcing strategies.

Middle East And Africa

• The increasing consumption of dairy products in the Middle East, particularly in countries like Saudi Arabia and the UAE, is leading to a rise in rennet usage, with local producers like Almarai investing in modern cheese-making technologies.
• Regulatory bodies in Africa are beginning to implement standards for dairy production, which may encourage the adoption of rennet in cheese manufacturing to meet international quality benchmarks.

Did You Know?

“Rennet is not only used in cheese production but also plays a crucial role in the production of certain desserts, such as traditional Italian panna cotta, where it helps achieve the desired texture.” — Dairy Science and Technology Journal

Segmental Market Size

Rennet Market plays a crucial role in the production of cheese and plays a stable role in the industry, whose demand is increasing because of the growing popularity of cheese among consumers. The rise in dairy consumption in emerging economies is a key driver of the rennet market. Also, the regulatory policies that support the use of natural products over synthetic products will further drive the rennet market. Among the leading companies in the rennet market, Chr. Hansen, B.V., and DSM are dominating the rennet market. Chr. Hansen and DSM are leading in terms of production and innovation. The notable regions in the rennet market are Europe and North America, where cheesemaking is a traditional industry. Rennet is used in the production of various cheeses such as cheddar cheese and mozarella cheese. Rennet is used in both industrial and artisanal cheesemaking. The trend towards sustainable dairy practices and the growing trend of clean labeling are accelerating the growth of the rennet market. Moreover, advancements in biotechnology are enhancing rennet production methods and making them more efficient and sustainable.

Future Outlook

The Rennet Market is expected to grow at a CAGR of 4.62% from 2024 to 2035. The market is driven by the increasing cheese consumption worldwide, which is attributed to the growing demand for dairy products in emerging economies and the increasing demand for artisanal and specialty cheeses. The rising concern among consumers regarding the quality and source of their food products is also driving the demand for high-quality rennet, especially rennet from natural and non-GMO sources. However, the key challenge for the rennet market is the high cost of rennet. Moreover, technological advancements in the production of rennet and the fermentation processes are anticipated to improve the efficiency and productivity of the rennet industry. The growing demand for microbial rennet and plant-based alternatives is also driving the rennet market. In addition, supportive government regulations, such as the Food Safety and Veterinary Medicine Act, and the Food, Agriculture and Allied Trades Act, are expected to create a favorable environment for the market. The rennet market is expected to grow in the coming years, and the companies that invest in research and development to meet the preferences of consumers will be able to capture a larger share of the market.