The global rennet market size valued at USD xxx million in historical year (2017) and is anticipated to rise at a CAGR of xx%, over the forecast period (2018-2025). One of the key factor driving the rennet market is rising demand for whey protein ingredients. Moreover, increasing application of whey protein ingredients in sports nutrition products, food & beverages as well as dietary supplements, will fuel the demand for rennet to make liquid whey in upcoming years. On the other hand, growing vegetarian population across the world is expected to restrain growth of the animal rennet market.

The global rennet market has been segmented by different sources, forms and geography. Further, source segment of the market is sub-divided into vegetable, microbial and fermentation-produced chymosin (FPC). Fermentation Produced Chymosin division of the source segment is anticipated to record a substantial growth upcoming years, owing to its high performance and accessibility. Moreover, Fermentation Produced Chymosin rennet enhances the taste of cheese and enables extended shelf-life. Likewise, forms segment of the global rennet market is bifurcated into liquid, powder (granules) and tablet.

Geographical segmentation of the rennet market bifurcates it into several key regions covering Latin America, North America, Europe, Asia Pacific and Middle East & Africa. North America region dominated the overall market with highest rennet market share of around xx in historical year (2017) and is trailed by Europe. In addition, Europe as well as North America are the substantial markets when it comes to the production and consumption of cheese. Moreover, swift of population preference to vegetarian cheese is providing new opportunities for the vegetable as well as microbial rennet.

The Key players of rennet operating across the competitive landscape of the market include Vahgan EV. Tigra co Ltd, WalcoRen, Bioactive Yeast Co., Ltd. (Tailong Food), Iran Industrial Enzyme co, Yangzhou Chemical Co. Ltd, Chr. Hansen Holding A/S, DuPont Nutrition & Health, Scientific & Technological Bioresource Nucleus, Finest Kind, Sudershan Biotech Ltd, MAYASAN Food Industries A.S and RENCO New Zealand. Furthermore, prominent players of the market are looking forward for expanding their business in potential regions as well as focusing over research & development activities in order to meed the market demand.

Key segments of the global rennet market include:

• Source segment of global rennet market

• Vegetable
• Fermentation-Produced Chymosin (FPC)
• Microbial

• Form segment of global rennet market

• Liquid
• Powder (Granules)
• Tablet

• Geographical segment of global rennet market

• North America (the U.S. & Canada)
• Latin America (Brazil, Mexico, Chile, Peru and others)
• Europe (Germany, France, U.K., Spain, Nordic countries, Italy, Belgium, Netherlands & Luxembourg)

• Asia Pacific (India, China, Japan and ASEAN)
• Middle East & Africa (GCC, Southern Africa & North Africa)

What to expect from the upcoming report on ‘Global Rennet Market’:

- Analyzes about future prospects as well as global rennet market trends market over the forecast period (2018-2025)

- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.

- Supportive initiatives by government likely to influence the market dynamics.

- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.

- In-depth analysis of different market segmentations including source, form and geographical regions.

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market

- Value Chain and Sales Channels Analysis

Who should buy this report?

- Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy