The Global Beta Galactosidase Market size is predicted to grow at a CAGR of 6.3% over the forecast period, reaching approximately US$ 1.09 billion by 2028. The growing demand for beta galactosidases in various sectors such as the food industry and pharmaceuticals industry is anticipated to propel the global beta-galactosidase market during the forecast period from 2021-2028.
Beta Galactosidase is an enzyme that allows for the conversion of lactose to glucose and galactose. It can be found in a variety of dairy products such as yogurt, cheese, and ice cream.
On the basis of Types, the market is segmented into Acid Type and Neutral type.
Beta Galactosidase is produced by microorganisms, such as yeast and bacteria. It has a pH optimum of about five to seven and can be used in the food industry and pharmaceuticals industry. Acid Type Beta Galactosidase is one type that falls into the acid group of beta galactosidases types with an optimal activity at acidic conditions (pH less than six). The function of this enzyme allows lactose-intolerant individuals to digest dairy products without experiencing any adverse symptoms due to its high stability even under extreme conditions like low temperature or presence of organic solvents etc.
Neutral Type Beta Galactosidase can be defined as the enzyme that catalyzes the hydrolysis of terminal non-reducing β-D-galactose residues with the release of D-galactose. The maximum activity occurs on substrates containing only one galactosyl residue. This type can be used for applications like cheese manufacturing, starch industry, etc.
On the basis of Application, the market is segmented into Food Industry, Pharmaceuticals Industry, and Others. The food industry segment is expected to register the highest growth during the forecasted period in the global Beta Galactosidase market due to the increasing use of biotechnology in various food processing applications such as fermentation, baking, etc. because it helps reduce costs without compromising on product quality.
There are several uses of beta Galactosidase in the Food Industry. The most common use is to convert lactose into glucose and galactose for sweetening applications, which can be used as a sugar substitute. In this way, it may reduce the calorie content from fat-free milk or low-fat dairy foods by up to 50%.
Another application is for the production of cheese substitutes such as soybean curd (tofu), where hydrolytic enzymes catalyze peptide linkage between glutamic acid residues. This process reduces some objectionable odors associated with tofu while increasing its nutritive value because more minerals become available from chelation by amino acids during digestion compared to intact protein structure due to enzymatic degradation.
Beta Galactosidase is used in the Pharmaceutical industry for the following uses-
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In 2018 North American region dominated the global market for Beta Galactosidase as a result of increasing demand from the pharmaceuticals industry owing to the increasing aging population. North America is likely to have a moderate growth rate due to technological advancement and the rise of health care facilities, which will help the market players in penetrating this region over the next several years.
The key driving factor for the Global beta-galactosidase industry's growth is increased demand for dairy & bakery products which also include baked goods such as cakes, cookies, muffins, etc., owing to the fact that these products are key drivers for this industry's growth. An increase in demand from Asia Pacific countries such as China and India is also expected to drive the market during the forecast period.
Up Market Research published a new report titled “Beta galactosidase Sales Market research report which is segmented by Types (Neutral Type, Acid Type), By Applications (Food industry, Pharmaceutical industry, Others), By Players/Companies DSM, Novozymes, DuPont, Chr. Hansen Holding, Amano Enzyme, Enzyme Development, SternEnzym, Specialty Enzymes & Biotechnologies, Enzyme Solutions, Advanced Enzymes, Zhongnuo BioTech, Enze Bio, Meihua BioTech, Kono Chem”.
Report Attributes | Report Details |
Report Title | Beta galactosidase Sales Market Research Report |
By Type | Neutral Type, Acid Type |
By Application | Food industry, Pharmaceutical industry, Others |
By Companies | DSM, Novozymes, DuPont, Chr. Hansen Holding, Amano Enzyme, Enzyme Development, SternEnzym, Specialty Enzymes & Biotechnologies, Enzyme Solutions, Advanced Enzymes, Zhongnuo BioTech, Enze Bio, Meihua BioTech, Kono Chem |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 227 |
Number of Tables & Figures | 159 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Neutral Type, Acid Type and By Application Food industry, Pharmaceutical industry, Others.
Some of the companies that are profiled in this report are:
Beta galactosidase Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Beta galactosidase Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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