| Product Code: ETC5046364 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, New Zealand saw a steady flow of rennet imports, with top exporting countries including Denmark, USA, China, Finland, and Japan. The market remained moderately concentrated, indicating a balanced competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past four years reflects a positive trend at 4.38%. This data suggests a stable and growing market for rennet imports in New Zealand, offering opportunities for suppliers and businesses in the industry to capitalize on the demand.

The Rennet market in New Zealand is projected to grow at a stable growth rate of 0.39% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

The rennet market in New Zealand caters to the dairy industry, particularly cheese production. Rennet, a key enzyme used in the cheese-making process, is sourced from animal or microbial sources. With a strong dairy sector and a reputation for high-quality cheese production, New Zealand represents a significant market for rennet suppliers. Demand for specialty cheeses and artisanal products further drives the growth of the rennet market.
The rennet market in New Zealand is primarily driven by the thriving dairy industry and the increasing demand for cheese products. Rennet, an enzyme used in cheese-making to coagulate milk, plays a crucial role in cheese production processes. With New Zealand being a major dairy exporter and renowned for its high-quality dairy products, the demand for rennet remains robust. Factors such as growing consumer preference for natural and artisanal cheese varieties, along with innovations in cheese-making techniques, contribute to the expansion of the rennet market in the country. Moreover, advancements in biotechnology have led to the development of alternative sources of rennet, further diversifying the market landscape.
In the reservoir market, challenges include environmental impact and regulatory compliance. Building and maintaining reservoirs can have significant environmental impacts, and navigating the regulatory landscape to ensure compliance with environmental laws is complex. Additionally, managing water resources effectively to meet diverse needs is crucial.
The rennet market in New Zealand supports the dairy industry, particularly in cheese production. Government regulations focus on food safety standards and quality control in dairy processing.
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 New Zealand Rennet Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Rennet Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Rennet Market - Industry Life Cycle |
3.4 New Zealand Rennet Market - Porter's Five Forces |
3.5 New Zealand Rennet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Rennet Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 New Zealand Rennet Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.8 New Zealand Rennet Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 New Zealand Rennet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic dairy products |
4.2.2 Growth in the food processing industry in New Zealand |
4.2.3 Rise in consumer awareness about the benefits of rennet in cheese production |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in rennet production |
4.3.2 Stringent regulations related to food safety and quality standards |
4.3.3 Competition from alternative coagulants in the cheese-making industry |
5 New Zealand Rennet Market Trends |
6 New Zealand Rennet Market Segmentations |
6.1 New Zealand Rennet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Rennet Market Revenues & Volume, By Animal-derived Rennet, 2021-2031F |
6.1.3 New Zealand Rennet Market Revenues & Volume, By Microbial Rennet, 2021-2031F |
6.1.4 New Zealand Rennet Market Revenues & Volume, By Fermentation Produced Chymosin Rennet, 2021-2031F | 6.1.6 New Zealand Rennet Market Revenues & Volume, By Vegetable Rennet, 2021-2031F |
6.2 New Zealand Rennet Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Rennet Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.3 New Zealand Rennet Market Revenues & Volume, By Powder, 2021-2031F |
6.2.4 New Zealand Rennet Market Revenues & Volume, By Paste, 2021-2031F |
6.3 New Zealand Rennet Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Rennet Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 New Zealand Rennet Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 New Zealand Rennet Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 New Zealand Rennet Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.6 New Zealand Rennet Market Revenues & Volume, By Others, 2021-2031F |
6.4 New Zealand Rennet Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Rennet Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 New Zealand Rennet Market Revenues & Volume, By Offline, 2021-2031F |
7 New Zealand Rennet Market Import-Export Trade Statistics |
7.1 New Zealand Rennet Market Export to Major Countries |
7.2 New Zealand Rennet Market Imports from Major Countries |
8 New Zealand Rennet Market Key Performance Indicators |
8.1 Percentage of dairy products in the New Zealand market using rennet as a key ingredient |
8.2 Number of new product launches using rennet in the food processing industry |
8.3 Investment in research and development for new rennet production technologies |
9 New Zealand Rennet Market - Opportunity Assessment |
9.1 New Zealand Rennet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Rennet Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 New Zealand Rennet Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.4 New Zealand Rennet Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 New Zealand Rennet Market - Competitive Landscape |
10.1 New Zealand Rennet Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Rennet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |