Rennet Market, By Type, By Form, By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

PUBLISHED: August 9, 2022

PAGES: 157 Pages

DELIVERY TIME: 2-3 business days

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Description

Rennet is a collection of enzymes produced by ruminant mammals in their stomachs. Its key component is chymosin, a protease enzyme that helps curdle casein in milk. Other enzymes are present in rennet as well. The term rennet refers to an enzymatic extract extracted from the stomachs of young ruminants. Young ruminants produce enzymes to help break down milk in order to maximize the nutrition in it. They use these enzymes to make food. In cheese-making, they activate coagulation. It is used in cheese-making. In addition to plant rennet, there are microbial rennets. These use molds as sources for enzymes similar to chymosin, but don't contain mold in the finished product. Other types of microbial rennet are made from animal stomach cells implanted in yeast cultures. They are genetically engineered to be useful in cheesemaking.

Market Dynamics:

Growing production of cheese is a prime factor driving growth of the rennet market. According to the United States Department of Agriculture, in the United States, more than 300 varieties of cheese are produced, largely from cow's milk. Total U.S. cheese production in 2020 was 13.25 billion pounds, up 2 percent from 2016. Moreover, increasing demand for plant-based cheese is another key factor fostering market growth. Growing focus of key players to improve taste and quality products is further projected to accelerate market growth.

Consumption of rennet is limited to high cheese producing regions such as Europe and North America. This limit the scope of rennet, thus hampering market growth.

Key features of the study:

This report provides in-depth analysis of the global rennet market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global rennet market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Chr. Hansen Holding AS, AFFCO, International Flavors & Fragrances Inc., Intermak Inc., Punature Food Ingredient Co. Ltd, Walcovit Inc., Hebei Yoko Biotech Co. Ltd, Koninklijke DSM NV, MAYASAN Food Industries AS, Calza Clemente SRL, Iran Industrial Enzymes Company, and Sacco SRL
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global rennet market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global rennet market

Detailed Segmentation:

Global Rennet Market, By Type:
- Animal-Derived Rennet
- Microbial Rennet
- FPC-Fermentation Produced Chymosin Rennet
- Vegetable Rennet
Global Rennet Market, By Form:
- Liquid
- Powder
- Paste
Global Rennet Market, By Geography:
- Asia-Pacific
- North America
- Europe
- Rest of the World

Product Code: CMI5144

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By TYPE
- Market Snapshot, By FORM
- Market Snapshot, By REGION
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Expanding cheese market
- Consumption of rennet is limited to high cheese producing regions
- Growing innovation in manufacturing process
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Rennet Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Rennet Market, By Type, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Animal-Derived Rennet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Microbial Rennet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
FPC-Fermentation Produced Chymosin Rennet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Vegetable Rennet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)

6. Global Rennet Market, By Form, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)

7. Global Rennet Market, By Region, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)

8. Competitive Landscape

Hansen Holding AS
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
AFFCO
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
International Flavors & Fragrances Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Intermak Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Punature Food Ingredient Co. Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Walcovit Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Hebei Yoko Biotech Co. Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Koninklijke DSM NV
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
MAYASAN Food Industries AS
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Others
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views