Market Analysis and Insights: Global Animal Lipase Market
Animal lipases are typically obtained by drying and grinding calf, kid or lamb gullets to provide a solid, enzyme containing product in which the enzyme is closely associated with the gullet tissue.
Due to the COVID-19 pandemic, the global Animal Lipase market size is estimated to be worth US$ 100 million in 2022 and is forecast to a readjusted size of US$ 125 million by 2028 with a CAGR of 3.8% during the review period. Fully considering the economic change by this health crisis, Kid Lipase accounting for % of the Animal Lipase global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cheesemaking segment is altered to an % CAGR throughout this forecast period.
Global Key players of animal lipase includes DSM, Chr.Hanson, etc. Global top 3 companies hold a share over 50%. Europe is the largest market, with a share about 50%, followed by Americas and Asia-Pacific with the share about 40% and 10%. In terms of product, calf lipase is the largest segment, with a share over 40%. And in terms of application, the largest application is cheesemaking and nondairy foods, followed by pharmaceutical.
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Segment by Source
Segment by Application
Consequence of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Animal Lipase market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
Middle East & Africa
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report: