Enzymes and cultures are critical for helping to ensure dairy products have the most advantageous flavor and appearance while staying fresher longer. And demand for these ingredients is ballooning.
The global market for dairy enzymes will more than double by 2031 to approximately $1.5 billion, with about an 8% compound annual growth rate (CAGR), forecasts Fact.MR, a Dubai-based market research and consulting firm. The North American dairy enzyme market will have a 7% percent CAGR through 2031, Fact.MR forecasts.