Global chymosin market is expected to register a steady CAGR of 4.8% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The growth of the market can be attributed to the high demand of cheese in the market.
This global chymosin market research report potentially offers plentiful insights and business solutions that will lend a hand to win the competition. While analysing market data, company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles. Business can be taken to the peak level of growth and success with the important market insights covered in this report. chymosin market research report provides a precise analysis of existing scenario of the market, which covers several market dynamics. Each of the factors covered in this chymosin report is again researched intensely for the enhanced and actionable market insights.
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Key Market Competitors:
Few of the major competitors currently working in global chymosin market are DSM, Merck KGaA, Vital Source Yeast Co., Ltd., The Cheesemaker, Modernist Pantry, LLC, PuNature Food Ingredients, Meito Sangyo.Co., WalcoRen, Iran Industrial Enzymes Company, Chr. Hansen Holding A/S, DuPont de Nemours, Inc,, sSUDERSHAN BIOTECH PRIVATE LIMITED, Renco, Mayasan, Corbion, BASF SE, Dow, Calza Clemente S. R. L among others.
Key Development in the Market:
- In April 2019, Chr. Hansen launched CHY-MAX Supreme. This new product offers higher yield, and processes more milk and cheese in minimal time along with grating and slicing of cheese with less giveaways and restricted protein breakdown over time. CHY-MAX Supreme increases value by enabling cheesemakers to produce more cheese from the same amount of milk
Global chymosin market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chymosin market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
- Increasing fast food chains along with the food & beverage MNCs will drive the growth of the market
- Rise in vegan population may boost the market growth
- Growing environmental awareness is the driving factor of the market growth
- Improved methods of production of inexpensive rennet is fueling the market in the forecast period
- Side effects of microbial rennet is the restraining factor of the market growth
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Segmentation: Global Chymosin Market
By Product Type
- Chymosin Liquid
- Chymosin Powder
- Chymosin Tablets
- Food and Beverage
- Biochemical Engineering
- North America
- South America
- Middle East and Africa
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