Product Code: ETC4536805 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India lactase market import shipments demonstrated a steady expansion from 2020 to 2024, with a notable CAGR of 9.2%. The growth rate between 2023 and 2024 accelerated further to 12.4%, indicating a strengthening market momentum and a positive overall trend in import shipments.
Lactase is an enzyme used to break down lactose in dairy products, making them digestible for individuals with lactose intolerance. As awareness of lactose intolerance grows in India, the demand for lactase and lactose-free dairy products is on the rise.
The lactase market is expanding in India due to the increasing prevalence of lactose intolerance. As consumers become more aware of lactose intolerance and digestive health, the demand for lactase enzymes to break down lactose in dairy products is on the rise. The market is also driven by the growth of dairy alternatives.
The lactase market in India faces challenges in terms of consumer awareness and acceptance of lactose intolerance. Despite a growing lactose-intolerant population, there?s a lack of education about the condition and available solutions, impacting market growth. Regulatory hurdles and production costs are also barriers.
During the pandemic, there was a growing trend towards lactose-free and dairy alternatives, as individuals sought options that were easier to digest and had a longer shelf life. This led to an increased demand for lactase enzymes used in lactose-free dairy products.
Key players in the lactase market include Novozymes, DuPont, Chr. Hansen, Kerry Group, and Merck.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Lactase Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Lactase Market Revenues & Volume, 2021 & 2031F |
3.3 India Lactase Market - Industry Life Cycle |
3.4 India Lactase Market - Porter's Five Forces |
3.5 India Lactase Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Lactase Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 India Lactase Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Lactase Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about lactose intolerance and demand for lactose-free products in India |
4.2.2 Growing health consciousness and preference for functional foods among consumers |
4.2.3 Rise in disposable income and changing lifestyles leading to higher consumption of dairy alternatives |
4.3 Market Restraints |
4.3.1 Limited availability of lactase-enriched products in the market |
4.3.2 High cost associated with lactase supplements and products |
4.3.3 Lack of regulatory framework for lactase products in India |
5 India Lactase Market Trends |
6 India Lactase Market, By Types |
6.1 India Lactase Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Lactase Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 India Lactase Market Revenues & Volume, By Yeast, 2021-2031F |
6.1.4 India Lactase Market Revenues & Volume, By Fungi, 2021-2031F |
6.1.5 India Lactase Market Revenues & Volume, By Bacteria, 2021-2031F |
6.2 India Lactase Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Lactase Market Revenues & Volume, By Liquid , 2021-2031F |
6.2.3 India Lactase Market Revenues & Volume, By Dry, 2021-2031F |
6.3 India Lactase Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Lactase Market Revenues & Volume, By Food & Beverages , 2021-2031F |
6.3.3 India Lactase Market Revenues & Volume, By Pharmaceutical products & Dietary Supplements, 2021-2031F |
7 India Lactase Market Import-Export Trade Statistics |
7.1 India Lactase Market Export to Major Countries |
7.2 India Lactase Market Imports from Major Countries |
8 India Lactase Market Key Performance Indicators |
8.1 Number of lactose-intolerant individuals in India |
8.2 Adoption rate of lactase products in the market |
8.3 Number of product launches in the lactase market segment |
8.4 Growth in the lactose-free product segment revenue |
8.5 Consumer awareness levels about lactose intolerance and lactase products |
9 India Lactase Market - Opportunity Assessment |
9.1 India Lactase Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Lactase Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 India Lactase Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Lactase Market - Competitive Landscape |
10.1 India Lactase Market Revenue Share, By Companies, 2024 |
10.2 India Lactase Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |