The global lactase market is projected to reach USD 336 million by 2027, at a CAGR of 6.3%, in terms of value, between 2022 and 2027. It is estimated to be valued at USD 247 million in 2022. The lactase market has been growing steadily in recent years, driven by an increasing demand for lactose-free products among consumers who are lactose intolerant or have a sensitivity to lactose. Lactase is an enzyme that breaks down lactose, the sugar found in milk, into glucose and galactose, which are easily digestible by the body.

One major opportunity for growth in the lactase market is the rising number of people diagnosed with lactose intolerance, which is estimated to affect up to 75% of the global population. As awareness about lactose intolerance increases, more consumers are seeking out lactose-free alternatives, such as plant-based milks, yogurt, and ice cream, that require lactase to be added during production.

Another growth opportunity for the lactase market is the growing demand for functional foods and beverages, which are products that offer health benefits beyond basic nutrition. Lactase is often added to functional dairy products, such as probiotic yogurt and kefir, to improve digestion and gut health.

In addition, the lactase market is benefiting from advancements in technology that are enabling more efficient and cost-effective production methods. This is making lactase more accessible to food and beverage manufacturers, who can now add it to their products at a lower cost.

Overall, the lactase market is expected to continue to grow as more consumers seek out lactose-free products and as food and beverage manufacturers increasingly incorporate lactase into their products to meet consumer demand for healthier and more functional options.