(Entertainment-NewsWire.com, November 01, 2018 ) Well-established manufacturers of lactase enzymes, with their occupancy largely concentrated in Europe, are eyeing consolidation in emerging markets to strengthen their global market foothold. These manufacturers are now targeting untapped opportunities in the developing nations. Leading players such as Koninklijke DSM N.V. are witnessing significant business expansion related to dietary supplements, which is a key application area of lactase enzyme, in China. Additionally, other key players, such as Chr. Hansen Holding A/S, are focusing on reducing their dependency on European market, shifting their focus to countries in Latin America and Middle East & Africa.
Customer-centric Approach Drives Innovation – Developing Lactase-measuring Devices Emerges as a Popular Trend
The significant rise in global demand for lactose-free food products is widening the range of food & beverage applications of lactase enzymes, which is influencing business strategies of market players in the lactase enzyme market. An upsurge in demand for lactase enzymes in the F&B space is encouraging manufacturers, such as Chr. Hansen A/S, in putting efforts to achieve consumer-driven commercial success in the lactase enzyme market. Sensing evolving requirements of end-users to ensure low lactose levels in dairy products, prominent lactase enzyme manufacturers such as Chr. Hansen A/S, have introduced novel test kits that measure lactose levels. Such product launches by leading market players are aimed at attracting dairy manufacturers who continuously seek ideal solutions for process control. Key lactase enzyme manufacturers are also entering into strategic collaborations for marketing their cost-effective lactose-analyzing devices, which enable efficient and fast measurement of lactose levels in dairy products.
Stakeholders Adopt Next-generation Technologies to Enhance Lactase Enzyme Properties and Production Efficiencies
Lactase enzymes continue to witness widespread adoption across various application areas ranging from food & beverages to pharmaceuticals. However, challenges prevail apropos of lactase enzymes’ stability when subjected to thermal and mechanical treatment, which in turn have adverse impact on efficiency of the industrial processes. These challenges are being significantly resolved by manufacturers, who are adopting advanced production technologies such as immobilization and genetic engineering, which ensure higher stability and improved productivity. Benefits of genetic engineering that include high-quality yield and accelerated manufacturing process of lactase enzymes, and suitability of immobilization technology when it comes to efficient, large-scale manufacturing of lactase enzymes have meant that, these production technologies will remain preferred among lactase enzyme manufacturers.
Market Players Capitalize on the Health & Wellness Trend to Amplify Sales
With a majority of consumers becoming health conscious and preferring low-calorie diets, demand for food products containing lower sugar content has increased rapidly in the past few years. The recent trends in the lactase enzyme market are mainly driven by a rising percentage of health-conscious consumers preferring food products low on sugar and lactose. As the health and wellness trend is encouraging consumers to eat healthier, food products manufactured by using lactase enzymes have gained a stand-out health appeal, which is ultimately boosting the growth of the lactase enzyme market. Lactase enzyme manufacturers are focusing on spreading awareness about the added benefits of adding lactase enzymes to various food products in improve taste, flavor, texture, and reducing sugar content in the products to attract a large consumer base.
Competitive Landscape
The Fact.MR report provides detailed information about growth parameters of the lactase enzyme market with the help of a detailed assessment of the competitive environment in the lactase enzyme market. The market study provides a comprehensive data on each stakeholder in the lactase enzyme market, including Chr. Hansen Holding A/S, Advanced Enzyme Technologies Limited, DuPont de Nemours and Company, DSM Chemicals, Novozymes A/S, Merck KGaA (Sigma-Aldrich), Sternenzym, Amano Enzyme Inc., Calza Clemente, Senson, and Specialty Enzymes & Biotechnologies. The report provides readers with all-encompassing data on each manufacturer’s revenue shares, winning strategies, and latest information on mergers and acquisitions in the lactase enzyme market.
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