Dairy Enzymes Market Size

Dairy Enzymes Market Size

Dairy Enzymes Market size crossed USD 580 million in 2022 and is anticipated to exhibit over 9% CAGR from 2023 to 2032, driven by a commendable rise in demand for lactose-free dairy products. Lactose-free goods have gained significant popularity in recent years, attributed to the increasing incidences of food allergies such as lactose intolerance among people worldwide. According to the report published in ProCon.org, around 65% of adults globally have a sort of lactose intolerance caused due to decreasing activity of the LCT gene, resulting in abdominal pain and other gastrointestinal consequences after consuming dairy products. For those who cannot digest lactose, lactose-free dairy can deliver the vital elements found in regular dairy products, such as calcium and vitamins.

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The health appeal of this product category to customers is currently widespread and expanding. That being said, consistent efforts toward improving product quality and diversity, allowing consumers varied enticing options, will strengthen the dairy enzymes market outlook. Dairy enzymes are relatively more expensive than traditional specialty food chemicals. Besides, there are strict guidelines pertaining to their usage and commercialization across several economies. The lengthy process involved in the development of new products may interfere with market growth.