How big is the Rennet Market?

The Rennet Market size is expected to reach USD 758.72 million in 2024 and grow at a CAGR of 5.39% to reach USD 986.46 million by 2029. Read More

What is the current Rennet Market size?

In 2024, the Rennet Market size is expected to reach USD 758.72 million. Read More

Who are the key players in Rennet Market?

AFFCO, Chr. Hansen Holding AS, Koninklijke DSM NV, International Flavors & Fragrances Inc. (IFF) and Sacco SRL are the major companies operating in the Rennet Market. Read More

Which is the fastest growing region in Rennet Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Rennet Market?

In 2024, the Europe accounts for the largest market share in Rennet Market. Read More

What years does this Rennet Market cover, and what was the market size in 2023?

In 2023, the Rennet Market size was estimated at USD 719.92 million. The report covers the Rennet Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Rennet Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Rennet Market Analysis | Industry Report, Size & Growth Insights

Rennet Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Rennet Market Analysis and is segmented by Type (Animal-derived Rennet, Microbial Rennet, FPC- Fermentation Produced Chymosin Rennet, and Vegetable Rennet); by Form (Liquid, Powder, and Paste); and by Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers market size and values in (USD million) during the forecasted years for the above segments.

Rennet Industry Overview

The global rennet market is fragmented and intensely competitive owing to the presence of several regional and multinational players, such as Chr. Hansen Holding AS, International Flavors & Fragrances Inc. (IFF), Sacco SRL, Koninklijke DSM NV, and AFFCO, among others. Expansion and partnership are the most important strategies taken up by a few players to widen their business offerings globally. Key market players are also increasingly relying on product innovation and expansion. Extensive investment in R&D has been witnessed in the past years, which has led to the introduction of numerous product developments in the market.