Saudi Arabia dairy enzymes market is expected to grow at a robust rate during the forecast period, 2023-2027. The market growth can be attributed to the growing demand of halal and organic dairy products along with the rising popularity of processed dairy items like cheese, curd, yogurt etc. due to rapid urbanization in the country. Besides, increasing awareness of lactose intolerance among consumers has led to the increasing demand of low-lactose and lactose-free dairy products, which in turn, is expected to drive the growth of market in the forecast period. Moreover, high prevalence of digestive disorders, rising consumer consciousness towards high protein food and beverage products, and increasing personal disposable income are some of the factors contributing to the market growth. Furthermore, changing lifestyle, westernization, and emergence of online channels offering dairy products are also expected to support the growth of the Saudi Arabia dairy enzymes market in the coming five years. However, side effects on health associated with high consumption such as allergic reactions might pose a challenge to the growth of the Saudi Arabia dairy enzymes market in the coming years.
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Saudi Arabia dairy enzymes market is segmented on the basis of type, application, source, and region. Based on type, the market is divided into lactase, chymosin, microbial rennet, lipase and others. The chymosin enzyme is anticipated the hold the biggest market share by 2027, owing to its use in producing halal and organic products that are not modified genetically. Based on the application, the market is divided into milk, cheese, ice-cream & desserts, yogurt, whey, infant formula and others. The cheese segment is projected to hold the largest share by 2027 as cheese production requires the use of dairy enzymes like chymosin, catalase, lactase, etc.
Some of the leading players in the Saudi Arabia dairy enzymes market are DowDuPont, Chr. Hansen, Kerry Group, Novozymes, DSM, Advanced Enzymes Technologies, Biocatalysts, Fytozimus Biotech, Connell Bros, SternEnzym, etc.
Report Scope:
In this report, Saudi Arabia dairy enzymes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia Dairy Enzymes Market, By Type:
- Lactase
- Chymosin
- Microbial Rennet
- Lipase
- Others
- Saudi Arabia Dairy Enzymes Market, By Application:
- Milk
- Cheese
- Ice-Cream & Desserts
- Yogurt
- Whey
- Infant Formula
- Others
- Saudi Arabia Dairy Enzymes Market, By Source:
- Plant
- Animals & Microorganisms
- Saudi Arabia Dairy Enzymes Market, by Region:
- Northern Region
- Southern Region
- Eastern Region
- Western Region
- Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia dairy enzymes market.
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Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis:
- Profit margin analysis in case of direct and indirect sales channel.
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