| Product Code: ETC7547817 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India`s microbial rennet import market in 2024 saw significant growth, with top exporting countries including China, the USA, Germany, Austria, and Metropolitan France. Despite this, market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low, indicating a diverse range of sources for microbial rennet imports. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.35%, with a notable growth spurt of 37.58% from 2023 to 2024, pointing to a vibrant and expanding market for microbial rennet in India.
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 Microbial Rennet Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Microbial Rennet Market Revenues & Volume, 2021 & 2031F |
3.3 India Microbial Rennet Market - Industry Life Cycle |
3.4 India Microbial Rennet Market - Porter's Five Forces |
3.5 India Microbial Rennet Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 India Microbial Rennet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Microbial Rennet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about lactose intolerance and health concerns related to animal-based rennet |
4.2.2 Growing demand for vegetarian and halal-certified products |
4.2.3 Technological advancements in microbial rennet production processes |
4.3 Market Restraints |
4.3.1 Limited consumer awareness and acceptance of microbial rennet as a substitute for animal-based rennet |
4.3.2 Price sensitivity and cost competitiveness compared to traditional rennet |
4.3.3 Regulatory challenges and approvals for microbial rennet in the food industry |
5 India Microbial Rennet Market Trends |
6 India Microbial Rennet Market, By Types |
6.1 India Microbial Rennet Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India Microbial Rennet Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 India Microbial Rennet Market Revenues & Volume, By Liquid, 2021- 2031F |
6.1.4 India Microbial Rennet Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.5 India Microbial Rennet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Microbial Rennet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Microbial Rennet Market Revenues & Volume, By Cheese, 2021- 2031F |
6.2.3 India Microbial Rennet Market Revenues & Volume, By Yogurt, 2021- 2031F |
6.2.4 India Microbial Rennet Market Revenues & Volume, By Dessert, 2021- 2031F |
6.2.5 India Microbial Rennet Market Revenues & Volume, By Others, 2021- 2031F |
7 India Microbial Rennet Market Import-Export Trade Statistics |
7.1 India Microbial Rennet Market Export to Major Countries |
7.2 India Microbial Rennet Market Imports from Major Countries |
8 India Microbial Rennet Market Key Performance Indicators |
8.1 Consumer adoption rate of products using microbial rennet |
8.2 Number of food manufacturers adopting microbial rennet in their product formulations |
8.3 Research and development investments in enhancing the quality and functionality of microbial rennet |
8.4 Sustainability initiatives and certifications related to the production and sourcing of microbial rennet |
8.5 Market penetration in different food segments such as cheese, yogurt, and desserts |
9 India Microbial Rennet Market - Opportunity Assessment |
9.1 India Microbial Rennet Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 India Microbial Rennet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Microbial Rennet Market - Competitive Landscape |
10.1 India Microbial Rennet Market Revenue Share, By Companies, 2024 |
10.2 India Microbial Rennet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |