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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia Lipase Market Size
The Australia lipase market size is projected to grow at a CAGR of 6.80% between 2024 and 2032.
Australia Lipase Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Australia lipase market value is expected to grow at a CAGR of 6.80% between 2024 and 2032.
The market is being driven due to rising consumption of carbohydrate-rich foods, the utilisation of lipase in cheese production, and its role in enhancing dough stability and prolonging product shelf life in the bakery sector.
Key trends aiding the market expansion include the demand for vegetable oils and microbial lipase in food and beverage industries, the adoption of lipase in various applications, such as yoghurt and cheese aging, laundry detergents, and biofuels, and the increasing awareness of health benefits associated with lipase consumption and the utilisation of lipase in the cosmetics industry.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Different applications of lipase are additives, bakery and confectionary, dairy, animal feed, and personal care products, among others.
Based on source, the market segmentations include plants, animal, and microbial.
Powder, liquid, and gel forms are considered in the market report.
Key players in the market are Kerry Group plc, Connell Bros Company Australasia Pty Ltd, Home Make-It Pty. Ltd, and Green Living Australia (QLD) Pty. Ltd, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124