Transparency Market Research

Rennet Alternative Market Size, Analysis, and Forecast Report 2018-2028

Rennet Alternative Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028


Albany, NY -- (SBWIRE) -- 04/16/2018 -- Market Outlook for Rennet Alternatives

In today's world, everyone is familiar with cheese, which is available in several different forms and finds its way into various food and beverage applications. Every food item is more delicious when made with cheese. But the way cheese is produced might be an issue for the vegan population. Cheese is produced by an enzyme called rennet, extracted from the stomach of ruminates, which helps in the curdling of milk. The changing lifestyle to include more healthier food products in one's diet along with the scarcity of ruminant abomasum to stringent laws have forced cheese producers to identify alternative sources of rennet. Rennet alternative is in the market for quite a sometime and demand for rennet alternative is growing, owing to increase in the number of halal and kosher certified products.

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Reasons for Covering this Title: Rennet Alternatives Market

An increasing number of individuals, globally are shifting towards vegan diets, owing to various factors such as issues related to social taboo, cultural or religious limitations or restrictions or simply because vegetarian diets have proved to be more beneficial and healthy than non-vegetarian cuisine and products over time. In addition, concerns regarding the humane treatment of animals have also been playing a vital role in this steady shift towards vegan diets. Rennet alternative becomes the best ingredient when it comes to cheese processing, as this cheese remains vegetarian-friendly and the cost of making rennet alternative also remains cheap.

For instance, according to People for the Ethical Treatment of Animals (PETA), the vegan population in the U.S has increased significantly from 2 million in 2005 to around 7.5 million in 2011
12% of the total vegetarian population in Germany is strictly vegan, driving sales for vegan foods, including cheese produced by rennet alternative
Moreover, halal and kosher is no longer just a purely religious issue. Halal has now become a universal concept and halal products are now coming into the mainstream market, because of which use of rennet alternative is increasing. Halal certified products have expanded from the purview of identity as a specific community product to mass consumer product hence opening new avenues of trade and business for market rennet alternative players.

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Global Rennet Alternative Market: Key Players

Some of the key players operating in the global rennet alternative market are: Chr. Hansen A/S, Koninklijke DSM N.V., Pfizer International, Danisco A/S, Nelson-Jameson.Inc, Mayasan Food Industries A.S., GlaxoSmithKline plc, AlindaVelco S.A., ?–sterreichische Laberzeugung Hundsbichler GmbH, Biocon Limited, and Novozymes A/S among others.