The Latin America, Middle East and Africa Lactase Market would witness market growth of 8.7% CAGR during the forecast period (2022-2028).
Lactose-free options on the market, including cheese and yogurt, are largely successful, leading to an increase in domestic and imported lactase enzyme manufacturing. This is encouraging companies to introduce lactose-free milk-based ice creams and cream spreads, as well as other items, which is anticipated to fuel the expansion of the lactase market in the future.
The demand for lactase, an enzyme that lowers the amount of lactose in dairy products, is rising as health-conscious customers desire lactose-free goods, reduced in sugar, low in allergens, rich in protein, low in fat, and made from plants. In addition, more lactase is used in dairy products due to rising demand from a growing number of health-conscious customers for more nutritious and reasonably priced dairy options to encourage healthier lifestyles without sacrificing taste and texture.
As a result, dairy product producers use neutral lactase enzymes more frequently to create high-quality, flavorful, sugar- and lactose-free dairy products. Another factor boosting the development of the lactase market is the rising demand for lactase supplements among customers diagnosed with lactose intolerance.
Due to the growing number of tourists, the United Arab Emirates maintains to contribute significantly to food and beverage sales in the Middle East region. Many domestic and foreign food and beverage goods continue to be attracted to Dubai. The food and beverage business, one of the largest in the United Arab Emirates, is essential to the development and diversification of the regional economy as well as the economy of the host nation. Due to its expanding population and high average per capita income, the UAE has seen an increase in food and beverage products. The lactase market is anticipated to rise in the LAMEA region as a result of this expanding food and beverage sector.
The Brazil market dominated the LAMEA Lactase Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,585 Thousands by 2028. The Argentina market is estimated to grow a CAGR of 9.3% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 8.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Lactase Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA 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 LAMEA Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 9 LAMEA Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 10 LAMEA Food & Beverages Market by Country, 2018 - 2021, USD Thousands
TABLE 11 LAMEA Food & Beverages Market by Country, 2022 - 2028, USD Thousands
TABLE 12 LAMEA Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 13 LAMEA Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 14 LAMEA Milk Market by Country, 2018 - 2021, USD Thousands
TABLE 15 LAMEA Milk Market by Country, 2022 - 2028, USD Thousands
TABLE 16 LAMEA Yogurt Market by Country, 2018 - 2021, USD Thousands
TABLE 17 LAMEA Yogurt Market by Country, 2022 - 2028, USD Thousands
TABLE 18 LAMEA Cheese Market by Country, 2018 - 2021, USD Thousands
TABLE 19 LAMEA Cheese Market by Country, 2022 - 2028, USD Thousands
TABLE 20 LAMEA Ice cream Market by Country, 2018 - 2021, USD Thousands
TABLE 21 LAMEA Ice cream Market by Country, 2022 - 2028, USD Thousands
TABLE 22 LAMEA Others Market by Country, 2018 - 2021, USD Thousands
TABLE 23 LAMEA Others Market by Country, 2022 - 2028, USD Thousands
TABLE 24 LAMEA Pharmaceutical Products & Dietary Supplements Market by Country, 2018 - 2021, USD Thousands
TABLE 25 LAMEA Pharmaceutical Products & Dietary Supplements Market by Country, 2022 - 2028, USD Thousands
TABLE 26 LAMEA Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 27 LAMEA Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 28 LAMEA Yeast Market by Country, 2018 - 2021, USD Thousands
TABLE 29 LAMEA Yeast Market by Country, 2022 - 2028, USD Thousands
TABLE 30 LAMEA Fungi Market by Country, 2018 - 2021, USD Thousands
TABLE 31 LAMEA Fungi Market by Country, 2022 - 2028, USD Thousands
TABLE 32 LAMEA Bacteria Market by Country, 2018 - 2021, USD Thousands
TABLE 33 LAMEA Bacteria Market by Country, 2022 - 2028, USD Thousands
TABLE 34 LAMEA Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 35 LAMEA Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 36 LAMEA Liquid Market by Country, 2018 - 2021, USD Thousands
TABLE 37 LAMEA Liquid Market by Country, 2022 - 2028, USD Thousands
TABLE 38 LAMEA Dry Market by Country, 2018 - 2021, USD Thousands
TABLE 39 LAMEA Dry Market by Country, 2022 - 2028, USD Thousands
TABLE 40 LAMEA Lactase Market by Country, 2018 - 2021, USD Thousands
TABLE 41 LAMEA Lactase Market by Country, 2022 - 2028, USD Thousands
TABLE 42 Brazil Lactase Market, 2018 - 2021, USD Thousands
TABLE 43 Brazil Lactase Market, 2022 - 2028, USD Thousands
TABLE 44 Brazil Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 45 Brazil Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 46 Brazil Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 47 Brazil Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 48 Brazil Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 49 Brazil Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 50 Brazil Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 51 Brazil Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 52 Argentina Lactase Market, 2018 - 2021, USD Thousands
TABLE 53 Argentina Lactase Market, 2022 - 2028, USD Thousands
TABLE 54 Argentina Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 55 Argentina Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 56 Argentina Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 57 Argentina Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 58 Argentina Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 59 Argentina Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 60 Argentina Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 61 Argentina Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 62 UAE Lactase Market, 2018 - 2021, USD Thousands
TABLE 63 UAE Lactase Market, 2022 - 2028, USD Thousands
TABLE 64 UAE Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 65 UAE Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 66 UAE Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 67 UAE Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 68 UAE Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 69 UAE Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 70 UAE Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 71 UAE Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 72 Saudi Arabia Lactase Market, 2018 - 2021, USD Thousands
TABLE 73 Saudi Arabia Lactase Market, 2022 - 2028, USD Thousands
TABLE 74 Saudi Arabia Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 75 Saudi Arabia Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 76 Saudi Arabia Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 77 Saudi Arabia Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 78 Saudi Arabia Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 79 Saudi Arabia Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 80 Saudi Arabia Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 81 Saudi Arabia Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 82 South Africa Lactase Market, 2018 - 2021, USD Thousands
TABLE 83 South Africa Lactase Market, 2022 - 2028, USD Thousands
TABLE 84 South Africa Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 85 South Africa Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 86 South Africa Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 87 South Africa Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 88 South Africa Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 89 South Africa Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 90 South Africa Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 91 South Africa Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 92 Nigeria Lactase Market, 2018 - 2021, USD Thousands
TABLE 93 Nigeria Lactase Market, 2022 - 2028, USD Thousands
TABLE 94 Nigeria Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 95 Nigeria Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 96 Nigeria Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 97 Nigeria Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 98 Nigeria Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 99 Nigeria Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 100 Nigeria Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 101 Nigeria Lactase Market by Form, 2022 - 2028, USD Thousands
TABLE 102 Rest of LAMEA Lactase Market, 2018 - 2021, USD Thousands
TABLE 103 Rest of LAMEA Lactase Market, 2022 - 2028, USD Thousands
TABLE 104 Rest of LAMEA Lactase Market by Application, 2018 - 2021, USD Thousands
TABLE 105 Rest of LAMEA Lactase Market by Application, 2022 - 2028, USD Thousands
TABLE 106 Rest of LAMEA Lactase Market by Food & Beverages Type, 2018 - 2021, USD Thousands
TABLE 107 Rest of LAMEA Lactase Market by Food & Beverages Type, 2022 - 2028, USD Thousands
TABLE 108 Rest of LAMEA Lactase Market by Source, 2018 - 2021, USD Thousands
TABLE 109 Rest of LAMEA Lactase Market by Source, 2022 - 2028, USD Thousands
TABLE 110 Rest of LAMEA Lactase Market by Form, 2018 - 2021, USD Thousands
TABLE 111 Rest of LAMEA 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