Microbial Rennet Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029

Microbial rennet is a milk-clotting enzyme which is derived from the fungal source. Microbial rennet is used as a substitute for animal rennet for cheese production. The animal rennet is derived from the stomach of young calves. Microbial rennet is easily produced by the fermentation method and is economical as compared to that of the animal rennet. Also, microbial rennet decreases the risk of disease transmission that could occur due to the use of rennet derived from the ruminants. The most commonly used fungi for the production of microbial rennet are Rhizomucor pusillus, Mucor miehei, and Rhizomucor miehei. Several manufacturers are focusing on producing Kosher and Halal Certified microbial rennet to increase the trust and gain the confidence of the consumers.

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The Rise in Vegan Population is anticipated to Propel the Demand for Microbial Rennet

In recent years, there has been a drastic change in the preferences of the consumers. The consumers prefer the use of products that do not contain animal-derived ingredients. The manufacturers and industrialists are showing interests in developing microbial rennet as there has been a significant increase in the vegan population.

The rise in awareness about the side-effects due to the consumption of animal-based products, presence of some hormones and chemicals, and the increase is awareness about the animal rights are some of the factors that have increased the demand for vegan products. According to Google Search, the vegan trend has increased by fourfold between 2012 and 2017. The increase in vegan population is estimated to boost the sales of microbial rennet. The cheese manufacturers are expected to prefer the use of microbial rennet instead of animal-based rennet to develop attract the consumers. Thus, the preference of cheese manufacturers for microbial rennet is expected to have a positive impact on its market.

Microbial Rennet Market: Key Participants

Few key market players in the microbial rennet market are:

• Koninklijke DSM N.V.
• Merck KGaA
• Bioactive Yeast Co., Ltd.
• The CheeseMaker
• Alinda
• Moderist Pantry, LLC
• PuNature Food Ingredients
• Meito Sangyo Co., Ltd.

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The report covers exhaustive analysis on:

• microbial rennet Market Segments
• microbial rennet Market Dynamics
• Market Size
• Supply and Demand
• Current Trends/Issues/Challenges pertaining to microbial rennet market
• Competition Landscape and Emerging Market Participants in microbial rennet market
• Technology related to Production/Processing of microbial rennet
• Value Chain Analysis of the microbial rennet market

The regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Microbial Rennet Market Segmentation

The microbial rennet market can be segmented on the basis of form, end-use, and sales channel:

The microbial rennet market can be segmented on the basis of the form as:

• Dry
• Powder
• Granules
• Liquid

The microbial rennet market can be segmented on the basis of the end-use as:

• Food Processing
• HoReCa (Hotels/Restaurants/Café)
• Household

The microbial rennet market can be segmented on the basis of the sales channel as:

• Direct Sales
• Indirect Sales
• Hypermarkets/Supermarkets
• Wholesalers
• Specialty Stores
• Online Retailers

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Report Highlights:

• Detailed overview of parent market
• Changing dynamics of the microbial rennet market in the industry
• In-depth market segmentation and analysis
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments in the microbial rennet market
• Competitive landscape of the microbial rennet market
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on microbial rennet market performance
• Must-have information for microbial rennet market players to sustain and enhance their market footprint