Global Rennet Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Animal-Derived Rennet, Microbial Rennet, FPC-Fermentation Produced Chymosin Rennet, and Vegetable Rennet.

By Form;

Liquid, Powder, and Paste.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn890435321 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Rennet Market (USD Million), 2021 - 2031

In the year 2024, the Global Rennet Market was valued at USD 790.25 million. The size of this market is expected to increase to USD 1,082.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The demand for rennet is poised to escalate, primarily driven by its indispensable role as a key ingredient in cheese making. As environmental consciousness rises and more cost-effective rennet production methods emerge, the rennet market is witnessing a notable surge, particularly in the non-animal rennet segment. This trend underscores a growing preference for sustainable alternatives within the industry. Furthermore, the burgeoning utilization of rennets by an expanding array of companies in the fast food and beverage sectors is anticipated to further propel market growth.

Traditionally sourced from the lining of the fourth stomach of juvenile ruminant animals like goats, lambs, and calves, rennet serves as a critical component in dairy processing, facilitating the curdling of milk and subsequent cheese production. However, with advancements in production techniques, non-animal sources of rennet are gaining traction, broadening the market's scope and appeal. Notably, plants such as artichokes, nettles, and cardoon thistles harbor rennet enzymes, notably chymosin, a protease responsible for initiating milk coagulation. This enzymatic action triggers the coagulation of casein, a primary milk protein, leading to the formation of curds—a fundamental step in cheese making processes worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Region
  4. Global Rennet Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Rennet Market, By Type, 2021 - 2031(USD Million)
      1. Animal-Derived Rennet
      2. Microbial Rennet
      3. FPC-Fermentation Produced Chymosin Rennet
      4. Vegetable Rennet
    2. Global Rennet Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid
      2. Powder
      3. Paste
    3. Global Rennet Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Chr. Hansen Holding A/S
      2. Renco
      3. DuPont
      4. Clarion Casein Ltd
      5. Fonterra Co-operative Group
      6. WalcoRen
      7. Enzyme Supplies Limited
      8. Koninklijke DSM N.V
  7. Analyst Views
  8. Future Outlook of the Market