The Asia Pacific Lactase Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
Protein, choline, and important vitamins and minerals like calcium, riboflavin, phosphorus, vitamin B12, and vitamin A naturally occur in dairy products. Eating lactose-free dairy products means those with lactose sensitivity can enjoy all the nutritious advantages of dairy without the unpleasant digestive symptoms.
Most lactose free dairy products contain the lactase enzyme, which transforms lactose sugar into the easily digestible sugars like glucose and galactose. Lactose-free and normal dairy have the same amounts of calories, protein, carbs, and fat, as there is no difference in nutrition between the two. Additionally, it is well known that dairy provides the body essential minerals that are necessary for healthy bones.
The market is anticipated to rise due to factors including rising product innovation and development in different application sectors as well as rising demand for lactose-free dairy products. Because it renders dairy products lactose-free by lowering and/or eradicating the lactose content, lactase is primarily used in the food and beverage industry. In addition, one of the main causes driving up product demand is the rising incidence of lactose intolerance.
This region accounts for an estimated 414 million Asians aged 65 and over. It's anticipated that by 2060, there will be over 1.2 billion Asians who are 65 years of age or older, meaning that one in ten persons worldwide will be an older Asian. The elderly population's proportion is significantly high in Japan, New Zealand, and Australia. Due to their emphasis on health, easy-to-consumer foods are preferred by this group in Japan. In addition, they favor goods and services that are sustainable. Consequently, the nation's demand for lactose-free dairy products has increased significantly. In addition, the region's dairy product makers were forced to include lactase in their line of products due to the need for such easily digested dairy products, which increased the market for lactase. All these elements are propelling the growth of the lactase market.
The China market dominated the Asia Pacific Lactase Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $29,838.1 Thousands by 2028. The Japan market is experiencing a CAGR of 6.4% during (2022 - 2028). Additionally, The India market would display a CAGR of 7.7% during (2022 - 2028).
Based on Application, the market is segmented into Food & Beverages and Pharmaceutical Products & Dietary Supplements. Based on Food & Beverages Type, the market is segmented into Milk, Yogurt, Cheese, Ice cream and Others. Based on Source, the market is segmented into Yeast, Fungi and Bacteria. Based on Form, the market is segmented into Liquid and Dry. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Lactase Market is Projected to reach USD 355.2 Million by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group PLC, Koninklijke DSM N.V., DuPont de Nemours, Inc., Novozymes A/S (Novo Holdings A/S), Chr. Hansen Holding A/S, Advanced Enzyme Technologies Limited, Oenon Holdings, Inc., Mitushi Biopharma, Natural Factors, and Amano Enzyme, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverages
- Milk
- Yogurt
- Cheese
- Ice cream
- Others
- Pharmaceutical Products & Dietary Supplements
By Source
By Form
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Kerry Group PLC
- Koninklijke DSM N.V.
- DuPont de Nemours, Inc.
- Novozymes A/S (Novo Holdings A/S)
- Chr. Hansen Holding A/S
- Advanced Enzyme Technologies Limited
- Oenon Holdings, Inc.
- Mitushi Biopharma
- Natural Factors
- Amano Enzyme, Inc.
TABLE 1 Asia Pacific Lactase Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Lactase Market, 2022 - 2028, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Lactase Market
TABLE 4 Product Launches And Product Expansions– Lactase Market
TABLE 5 Acquisition and Mergers– Lactase Market
TABLE 6 Approvals and trials – Lactase Market
TABLE 7 geographical expansions – Lactase Market
TABLE 8 Asia Pacific Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 9 Asia Pacific Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 10 Asia Pacific Food & Beverages Market by Country, 2018 - 2021, USD Thousands
TABLE 11 Asia Pacific Food & Beverages Market by Country, 2022 - 2028, USD Thousands
TABLE 12 Asia Pacific Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 13 Asia Pacific Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 14 Asia Pacific Milk Market by Country, 2018 - 2021, USD Thousands
TABLE 15 Asia Pacific Milk Market by Country, 2022 - 2028, USD Thousands
TABLE 16 Asia Pacific Yogurt Market by Country, 2018 - 2021, USD Thousands
TABLE 17 Asia Pacific Yogurt Market by Country, 2022 - 2028, USD Thousands
TABLE 18 Asia Pacific Cheese Market by Country, 2018 - 2021, USD Thousands
TABLE 19 Asia Pacific Cheese Market by Country, 2022 - 2028, USD Thousands
TABLE 20 Asia Pacific Ice cream Market by Country, 2018 - 2021, USD Thousands
TABLE 21 Asia Pacific Ice cream Market by Country, 2022 - 2028, USD Thousands
TABLE 22 Asia Pacific Others Market by Country, 2018 - 2021, USD Thousands
TABLE 23 Asia Pacific Others Market by Country, 2022 - 2028, USD Thousands
TABLE 24 Asia Pacific Pharmaceutical Products & Dietary Supplements Market by Country, 2018 - 2021, USD Thousands
TABLE 25 Asia Pacific Pharmaceutical Products & Dietary Supplements Market by Country, 2022 - 2028, USD Thousands
TABLE 26 Asia Pacific Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 27 Asia Pacific Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 28 Asia Pacific Yeast Market by Country, 2018 - 2021, USD Thousands
TABLE 29 Asia Pacific Yeast Market by Country, 2022 - 2028, USD Thousands
TABLE 30 Asia Pacific Fungi Market by Country, 2018 - 2021, USD Thousands
TABLE 31 Asia Pacific Fungi Market by Country, 2022 - 2028, USD Thousands
TABLE 32 Asia Pacific Bacteria Market by Country, 2018 - 2021, USD Thousands
TABLE 33 Asia Pacific Bacteria Market by Country, 2022 - 2028, USD Thousands
TABLE 34 Asia Pacific Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 35 Asia Pacific Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 36 Asia Pacific Liquid Market by Country, 2018 - 2021, USD Thousands
TABLE 37 Asia Pacific Liquid Market by Country, 2022 - 2028, USD Thousands
TABLE 38 Asia Pacific Dry Market by Country, 2018 - 2021, USD Thousands
TABLE 39 Asia Pacific Dry Market by Country, 2022 - 2028, USD Thousands
TABLE 40 Asia Pacific Lactase Market by Country, 2018 - 2021, USD Thousands
TABLE 41 Asia Pacific Lactase Market by Country, 2022 - 2028, USD Thousands
TABLE 42 China Lactase Market, 2018 - 2021, USD Thousands
TABLE 43 China Lactase Market, 2022 - 2028, USD Thousands
TABLE 44 China Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 45 China Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 46 China Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 47 China Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 48 China Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 49 China Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 50 China Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 51 China Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 52 Japan Lactase Market, 2018 - 2021, USD Thousands
TABLE 53 Japan Lactase Market, 2022 - 2028, USD Thousands
TABLE 54 Japan Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 55 Japan Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 56 Japan Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 57 Japan Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 58 Japan Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 59 Japan Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 60 Japan Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 61 Japan Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 62 India Lactase Market, 2018 - 2021, USD Thousands
TABLE 63 India Lactase Market, 2022 - 2028, USD Thousands
TABLE 64 India Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 65 India Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 66 India Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 67 India Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 68 India Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 69 India Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 70 India Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 71 India Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 72 South Korea Lactase Market, 2018 - 2021, USD Thousands
TABLE 73 South Korea Lactase Market, 2022 - 2028, USD Thousands
TABLE 74 South Korea Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 75 South Korea Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 76 South Korea Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 77 South Korea Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 78 South Korea Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 79 South Korea Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 80 South Korea Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 81 South Korea Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 82 Singapore Lactase Market, 2018 - 2021, USD Thousands
TABLE 83 Singapore Lactase Market, 2022 - 2028, USD Thousands
TABLE 84 Singapore Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 85 Singapore Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 86 Singapore Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 87 Singapore Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 88 Singapore Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 89 Singapore Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 90 Singapore Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 91 Singapore Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 92 Malaysia Lactase Market, 2018 - 2021, USD Thousands
TABLE 93 Malaysia Lactase Market, 2022 - 2028, USD Thousands
TABLE 94 Malaysia Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 95 Malaysia Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 96 Malaysia Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 97 Malaysia Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 98 Malaysia Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 99 Malaysia Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 100 Malaysia Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 101 Malaysia Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 102 Rest of Asia Pacific Lactase Market, 2018 - 2021, USD Thousands
TABLE 103 Rest of Asia Pacific Lactase Market, 2022 - 2028, USD Thousands
TABLE 104 Rest of Asia Pacific Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 105 Rest of Asia Pacific Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 106 Rest of Asia Pacific Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 107 Rest of Asia Pacific Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 108 Rest of Asia Pacific Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 109 Rest of Asia Pacific Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 110 Rest of Asia Pacific Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 111 Rest of Asia Pacific Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 112 Key Information – Kerry Group PLC
TABLE 113 Key Information – Koninklijke DSM N.V.
TABLE 114 Key Information –DuPont de Nemours, Inc.
TABLE 115 key Information – Novozymes A/S
TABLE 116 Key information – Chr. Hansen Holding A/S
TABLE 117 Key Information – Advanced Enzyme Technologies Limited
TABLE 118 key Information – Oenon Holdings, Inc.
TABLE 119 key information - Mitushi Biopharma
TABLE 120 key information – Natural Factors
TABLE 121 Key Information – Amano Enzyme, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Kerry Group PLC
FIG 5 Recent strategies and developments: Koninklijke DSM N.V