Global Beta galactosidase Sales Market by Type (Neutral Type, Acid Type), By Application (Food industry, Pharmaceutical industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
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.
Acid Type Beta Galactosidase:
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:
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.
Food Industry:
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.
Pharmaceuticals Industry:
Beta Galactosidase is used in the Pharmaceutical industry for the following uses-
- Enzyme assay and purification processes.
- Precipitation of proteins.
- Biological analysis and quantification.
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.
Growth Factors For The Global Beta Galactosidase Market:
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 Scope
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.
Global Beta galactosidase Sales Market Report Segments:
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:
- 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
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:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Beta galactosidase Sales Market
Overview of the regional outlook of the Beta galactosidase Sales Market:
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.
Highlights of The Beta galactosidase Sales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Beta galactosidase Sales Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Neutral Type
2. Acid Type
7. By Application:1. Food industry
2. Pharmaceutical industry
3. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Beta galactosidase Sales Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beta galactosidase Sales Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beta galactosidase Sales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beta galactosidase Sales Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beta galactosidase Sales Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beta galactosidase Sales Market Size & Forecast, 2018-2028
4.5.1 Beta galactosidase Sales Market Size and Y-o-Y Growth
4.5.2 Beta galactosidase Sales Market Absolute $ Opportunity
Chapter 5 Global Beta galactosidase Sales Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Beta galactosidase Sales Market Size Forecast by Type
5.2.1 Neutral Type
5.2.2 Acid Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Beta galactosidase Sales Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Beta galactosidase Sales Market Size Forecast by Applications
6.2.1 Food industry
6.2.2 Pharmaceutical industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beta galactosidase Sales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beta galactosidase Sales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Beta galactosidase Sales Analysis and Forecast
9.1 Introduction
9.2 North America Beta galactosidase Sales Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Beta galactosidase Sales Market Size Forecast by Type
9.6.1 Neutral Type
9.6.2 Acid Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Beta galactosidase Sales Market Size Forecast by Applications
9.10.1 Food industry
9.10.2 Pharmaceutical industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Beta galactosidase Sales Analysis and Forecast
10.1 Introduction
10.2 Europe Beta galactosidase Sales Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Beta galactosidase Sales Market Size Forecast by Type
10.6.1 Neutral Type
10.6.2 Acid Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Beta galactosidase Sales Market Size Forecast by Applications
10.10.1 Food industry
10.10.2 Pharmaceutical industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Beta galactosidase Sales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Beta galactosidase Sales Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Beta galactosidase Sales Market Size Forecast by Type
11.6.1 Neutral Type
11.6.2 Acid Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Beta galactosidase Sales Market Size Forecast by Applications
11.10.1 Food industry
11.10.2 Pharmaceutical industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Beta galactosidase Sales Analysis and Forecast
12.1 Introduction
12.2 Latin America Beta galactosidase Sales Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Beta galactosidase Sales Market Size Forecast by Type
12.6.1 Neutral Type
12.6.2 Acid Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Beta galactosidase Sales Market Size Forecast by Applications
12.10.1 Food industry
12.10.2 Pharmaceutical industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Beta galactosidase Sales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Beta galactosidase Sales Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Beta galactosidase Sales Market Size Forecast by Type
13.6.1 Neutral Type
13.6.2 Acid Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Beta galactosidase Sales Market Size Forecast by Applications
13.10.1 Food industry
13.10.2 Pharmaceutical industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beta galactosidase Sales Market: Competitive Dashboard
14.2 Global Beta galactosidase Sales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DSM
14.3.2 Novozymes
14.3.3 DuPont
14.3.4 Chr. Hansen Holding
14.3.5 Amano Enzyme
14.3.6 Enzyme Development
14.3.7 SternEnzym
14.3.8 Specialty Enzymes & Biotechnologies
14.3.9 Enzyme Solutions
14.3.10 Advanced Enzymes
14.3.11 Zhongnuo BioTech
14.3.12 Enze Bio
14.3.13 Meihua BioTech
14.3.14 Kono Chem