Market Trends of Dairy Enzymes Industry
This section covers the major market trends shaping the Dairy Enzymes Market according to our research experts:
Increasing Digestive Heath Concerns are Boosting the Demand for Probiotic Products
The high prevalence of digestive disorders has boosted the demand for fermented milk products worldwide. Yogurt is an example of a probiotic milk drink that is available in both drinkable form and in the traditional form - in different flavors, making it one of the most preferred food products by consumers who are seeking products that provide benefits to their digestive health. Probiotics are a driving force within the booming digestive health products category, and people of all ages are consuming them. The progressive inclination of the consumers toward digestive health-oriented products has kept probiotic food products as a requisite. For Instance, According to ITC Trade Map, the Imported volume of yogurt in the United Kingdom in 2021 accounted for 282980 tons, compared to 219085 tons in 2019. The ongoing trends of healthy hydration and healthy snacking are the other essential factors augmenting the sales of fermented dairy products across different regions. This, in turn, will boost the market growth.
Asia-Pacific Region is Exhibiting A Growing Demand
The market for dairy enzymes in the Asia-Pacific region is in its initial growth stage. This is majorly attributed to the changing food habits of the people, including the consumption of dairy products for breakfast. Products like yogurt drinks are experiencing a growing trend in the Asia-Pacific market due to their convenience. To some extent, the presence of drinkable yogurts and their increasing popularity are expected to bridge the yogurt consumption gap created in the past couple of years. The heavy competition in the market, due to the presence of various large and small players, including several regional players, has led to a huge number of products in the market. This, in turn, has developed the Asia-Pacific region into a competitive market.
