As per MRFR analysis, the Rennet Market Size was estimated at 2.04 (USD Billion) in 2023. The Rennet Market Industry is expected to grow from 2.13(USD Billion) in 2024 to 3.5 (USD Billion) by 2035. The Rennet Market CAGR (growth rate) is expected to be around 4.62% during the forecast period (2025 - 2035)
Key Rennet Market Trends Highlighted
The Global Rennet Market is experiencing significant changes driven by various key market drivers. The increasing demand for cheese, particularly in regions with a rich culinary tradition, is fueling the growth of the rennet market. As consumers become more conscious of their health and nutrition, there is a rising preference for natural and organic products, which promotes the use of rennet produced from natural sources over synthetic alternatives. This shift is accompanied by a growing inclination towards artisanal and handcrafted cheese, further enhancing the need for traditional rennet. Opportunities to be explored in the market include innovations in rennet production methods, such as advancements in microbial rennet, which cater to the vegetarian market.As the global population rises and dietary preferences evolve, there is a potential expansion for dairy manufacturers to diversify their product offerings, appealing to various consumer segments. Additionally, the increasing interest in plant-based and lactose-free products is prompting the development of alternative rennet sources that align with these trends. Trends in recent times underscore a move towards sustainability, reflecting a broader industry focus on environmental impact. Many dairy producers are investigating eco-friendly practices, including sustainable sourcing of rennet. Furthermore, the globalization of food culture has introduced diverse cheese varieties worldwide, expanding the market for rennet.Consumers are more inquisitive about food origins, which supports transparency in production and encourages the exploration of local rennet sources. Overall, these trends reflect a dynamic market environment driven by consumer preferences and changing production methodologies in the Global Rennet Market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Rennet Market Drivers
Increasing Demand for Cheese Production
The growing demand for cheese, a mainstay in many different cuisines around the world, is propelling the global rennet market industry upward. The United Nations Food and Agriculture Organization reports that during the past ten years, cheese production has increased steadily at a rate of around 2.5 percent annually, with worldwide cheese production expected to reach about 22 million tons in 2020. The growth of the food service industry and the rising customer preference for dairy-based goods are the main drivers of this rising demand. The demand for rennet as an essential component of cheese-making processes has increased as a result of large expenditures in cheese production reported by leading cheese-producing nations including the United States and Germany. In light of the growing production capacity and customer preferences, these developments provide significant potential for the global rennet market industry to grow and innovate.
Growth of Plant-Based Alternatives
The rise of the plant-based food trend is contributing positively to the Global Rennet Market Industry. With more consumers adopting vegetarian and vegan diets, the market is seeing an increased interest in microbial and non-animal-derived rennet options. Industry reports suggest that the plant-based food market is projected to grow by over 11% annually, reaching a valuation in excess of USD 74 billion by 2027. This increase is driven by growing awareness of the health and environmental benefits associated with plant-based diets.Major players like Danone and Oatly are investing significantly in developing innovative plant-based cheese alternatives that require rennet derived from microbial sources, thereby expanding the market scope for rennet production and usage.
Technological Advancements in Rennet Production
Advancements in Biotechnology have noticeably affected the Global Rennet Market Industry positively. Innovations in the fermentation process and enzyme production have increased the efficiency and yield of rennet, which has led to reduced production costs and increased supply. According to the International Dairy Federation, biotechnological innovations are estimated to enhance production efficiency by around 15% while also expanding the range of rennet products available to manufacturers.Companies like Dupont and Chr. Hansen is at the forefront of this technological evolution, conducting extensive Research and Development to optimize enzyme production, which is creating a more robust market environment. The implementation of new technologies will likely propel the Global Rennet Market Industry toward better operational efficiencies and growth in the long term.
Rising Consumer Health Awareness
Consumer focus on health and nutrition is a strong driver for the Global Rennet Market Industry. With increasing awareness about the importance of natural ingredients in food products, the demand for high-quality rennet, which is a natural coagulant, is on the rise. The World Health Organization indicates that consumer health consciousness has grown significantly, influencing dietary choices globally. This rise in health-conscious consumers is compelling manufacturers to seek out natural and cleaner-label ingredients, leading to a greater integration of rennet in cheese production.Established brands are responding to this shift by reformulating their products to include rennet, elevating its importance in the overall market landscape. As a result, the focus on nutritional integrity within the food industry will likely enhance growth prospects for the Global Rennet Market Industry.
Rennet Market Segment Insights
Rennet Market Source Insights
The Global Rennet Market shows a diverse segmentation based on the source, comprising Animal Rennet, Microbial Rennet, and Plant-Based Rennet, each contributing distinctively to the overall market dynamics. In 2024, the value of Animal Rennet is valued at 0.85 USD Billion and is expected to rise to 1.38 USD Billion by 2035, demonstrating significant market growth driven by traditional cheese production techniques that still heavily rely on this source for coagulation. Animal rennet’s dominance stems from its efficiency in yielding high-quality cheese, making it a preferred choice among artisanal cheese producers.Microbial Rennet, valued at 0.73 USD Billion in 2024, is projected to grow to 1.16 USD Billion by 2035. The increasing demand for vegetarian and vegan cheese alternatives fuels the growth of this segment, as Microbial Rennet caters to a market that is leaning towards plant-based diets. This segment is gaining traction due to its ability to appeal to wider consumer preferences, particularly as health and dietary considerations become paramount. Meanwhile, Plant-Based Rennet is valued at 0.55 USD Billion in 2024, with an anticipated increase to 0.96 USD Billion by 2035, signifying its emerging role in the rennet market.As consumer awareness rises regarding sustainability and ethical sourcing, Plant-Based Rennet is becoming increasingly important, particularly among environmentally conscious consumers. Each of these segments plays a critical role in shaping the trends within the Global Rennet Market, with their individual growth trajectories reflecting broader shifts in dietary habits and production practices globally. The market growth for these sources is supported by favorable industrial regulations aligned with sustainable practices, reflecting a global shift towards more ethical food production.The Global Rennet Market is thus characterized by a combination of traditional and innovative approaches to cheese manufacturing, with each source catering to specific consumer needs and preferences while navigating challenges such as sourcing raw materials and maintaining competitive pricing.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Rennet Market Application Insights
The Global Rennet Market, which is valued at 2.13 USD Billion in 2024, showcases a diverse range of applications across various sectors, including Cheese Production, Desserts, Processed Foods, and Confectionery. Cheese Production is a dominant segment within the market, as rennet is essential for curd formation, impacting the texture and flavor of various cheese styles globally. Moreover, the use of rennet in Desserts contributes to the growing popularity of gelled and creamy dessert products, enhancing their appeal. Processed Foods also leverages rennet for its functional properties, catering to consumer demand for convenience and versatility in meal preparation.In the Confectionery sector, rennet plays a vital role in the production of creamy sweets and confections, driving innovation and variety in product offerings. As the market continues to evolve, these application areas are expected to witness growth, jointly contributing to the overall Global Rennet Market revenue and ultimately reflecting a changing landscape in food production and processing. Emphasizing the importance of these applications aligns with the rise in consumer preferences for quality and diverse food products globally. As such, the Global Rennet Market segmentation highlights the critical role of rennet in enhancing both flavor and functionality across multiple food categories.
Rennet Market Form Insights
The Global Rennet Market is experiencing steady growth, with expectations of reaching a market value of 2.13 billion USD iny 2024. The diversification within the market highlights various forms, including Liquid Rennet, Powder Rennet, and Tablet Rennet, each holding significant positions in the industry. Liquid Rennet is dominant due to its ease of use and rapid action, making it a preferred choice for many cheese manufacturers. Powder Rennet, while more stable in terms of storage, is gaining popularity in regions with specific production needs, allowing for convenience and efficiency in processing.Tablet Rennet is utilized primarily in specialized applications, offering precise dosing for artisanal cheese makers. The Global Rennet Market data showcases an increasing trend towards natural and organic cheeses, driving demand for various forms of rennet to cater to consumer preferences. Market growth is supported by rising dairy consumption in developing countries and the expansion of cheese varieties globally. However, challenges such as the need for sustainable sourcing and regulatory constraints remain present. Overall, innovation in rennet forms and adaptation to market trends are key opportunities for growth in the Global Rennet Market.
Rennet Market End Use Insights
The Global Rennet Market exhibits substantial growth potential, particularly across various end use sectors. In 2024, the overall market is valued at 2.13 USD Billion, reflecting a significant demand for rennet in multiple applications. The Food Industry is a major contributor, utilizing rennet for cheese production and other dairy products, capitalizing on the trend towards artisanal and organic cheeses. Meanwhile, the Pharmaceutical Industry benefits from rennet's role as a coagulant and stabilizer in various formulations, addressing the growing demand for high-quality pharmaceuticals.Lastly, the Cosmetics Industry is increasingly incorporating rennet in beauty products, driven by a rising preference for natural and organic ingredients. The importance of these industries is underscored by the Global Rennet Market revenue growth, where opportunities for innovation and product development persist. Collectively, these sectors not only dominate the market share but also drive advancements in the Global Rennet Market industry, influencing market dynamics through consumer trends and regulatory changes. The interplay of these segments highlights the diverse applicability and essential nature of Rennet in contributing to enhanced product quality and sustainability initiatives globally..
Rennet Market Regional Insights
The Global Rennet Market exhibits diverse regional dynamics, with Europe holding the majority share valued at 1.0 USD Billion in 2024 and expected to grow to 1.5 USD Billion by 2035, showcasing its dominance in cheese production and dairy processing. North America follows closely, with a market valuation of 0.5 USD Billion in 2024, primarily driven by advancements in dairy technologies and a growing demand for cheese varieties, projected to reach 0.7 USD Billion by 2035. The Asia-Pacific (APAC) region, valued at 0.4 USD Billion in 2024 and aiming for 0.8 USD Billion by 2035, reflects increasing consumer awareness towards dairy products alongside regional dietary changes.South America, though smaller in scale, is expanding from a valuation of 0.15 USD Billion in 2024 to 0.25 USD Billion in 2035, indicating rising dairy consumption. The Middle East and Africa (MEA) segment, starting at 0.08 USD Billion in 2024 and likely to grow to 0.25 USD Billion by 2035, highlights emerging markets exploring dairy innovations. Overall, the Global Rennet Market demonstrates growth across all regions, driven by diverse consumer preferences and advancements in dairy processing technologies.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Rennet Market Key Players and Competitive Insights
The Global Rennet Market has been witnessing dynamic changes, driven by evolving consumer preferences, technological advancements in cheese production, and an increasing demand for natural and high-quality dairy products. In this competitive landscape, companies are focused on enhancing their product offerings while exploring innovative solutions to meet the diverse needs of their clients. The market is characterized by a mix of established players, regional manufacturers, and emerging companies, each vying for market share by emphasizing quality, sustainability, and operational efficiency. Competitive strategies often include product diversification, strategic partnerships, and investments in research and development aimed at improving production processes and expanding the range of applications for rennet across various segments, particularly in the cheese-making industry.Arla Foods has established a significant presence in the Global Rennet Market through its commitment to quality and sustainable dairy practices. Renowned for its extensive expertise in cheese production, the company leverages its strong network of farmer-owned co-operatives and a robust supply chain to deliver high-quality rennet solutions globally. Arla Foods emphasizes the importance of innovation in its product offerings, allowing it to cater to diverse market needs. Their strengths lie in their strong brand reputation, continuous investment in product development, and the ability to adapt to market trends. The company is well-positioned to capitalize on the growing demand for rennet as it expands its market footprint and nurtures relationships with key customers across the global dairy industry.Kerry Group has emerged as a formidable player in the Global Rennet Market, recognized for its comprehensive range of dairy ingredients and solutions. The company’s focus on innovation and quality has played a key role in its success, allowing it to offer various rennet products tailored to specific cheese-making processes. Kerry Group has made significant investments in research and development, fostering a culture of innovation that enhances its product portfolio. Furthermore, the company has pursued strategic mergers and acquisitions to augment its market presence and strengthen its capabilities within the dairy sector. Through these opportunities, Kerry Group has fortified its position as a leader by expanding its global reach and enhancing its value proposition in the rennet market, underscoring its commitment to quality and customer-centric solutions.
Key Companies in the Rennet Market Include
Rennet Market Industry Developments
The Global Rennet Market has witnessed significant developments in recent months. In July 2023, Arla Foods reported a strategic shift towards sustainable production methods, enhancing their product range with enzyme-based rennet options to capture the growing demand for plant-based cheese. Meanwhile, Kerry Group announced in August 2023 the expansion of their fermentation technology aimed at improving the efficiency of rennet production. Ginkgo BioWorks, active in the biotechnology space, is also focusing on designing custom microbes for rennet production to meet specific consumer needs. Notably, in June 2023, Evonik Industries expanded its capabilities in enzyme production, contributing to the supply chain for cheese-making processes. In terms of market valuation, analysts have noted that the Global Rennet Market is projected to grow at a CAGR of 6% from 2023 to 2030, largely fueled by the increasing demand for cheese and dairy products globally. Recent mergers and acquisitions include Chr. Hansen Holding acquired Fromagex in September 2023, creating synergies in enzyme application and distribution for the cheese industry. This consolidation trend indicates a response to changing consumer preferences and the necessity for innovation in enzymatic solutions.
Rennet Market Segmentation Insights
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 2.04(USD Billion) |
| MARKET SIZE 2024 | 2.13(USD Billion) |
| MARKET SIZE 2035 | 3.5(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.62% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Arla Foods, Kerry Group, Wheyco, Ginkgo BioWorks, Pioneer HiBred International, Schreiber Foods, Clover Sonoma, DSM, Fromagex, Chr. Hansen Holding, Evonik Industries, Nexira, Fonterra Cooperative Group, Sacchetto |
| SEGMENTS COVERED | Source, Application, Form, End Use, Regional |
| KEY MARKET OPPORTUNITIES | Increasing demand for cheese products, Growth of plant-based cheese alternatives, Expansion in emerging markets, Rising demand for organic rennet, Innovations in fermentation technology |
| KEY MARKET DYNAMICS | Increasing demand for cheese , Growth in vegetarian cheese alternatives , Technological advancements in fermentation , Rising health consciousness among consumers , Shift towards natural coagulants |
| COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
Rennet Market Highlights:
Frequently Asked Questions (FAQ) :
The Global Rennet Market is expected to be valued at 2.13 billion USD in 2024.
By 2035, the Global Rennet Market is expected to reach a value of 3.5 billion USD.
The Global Rennet Market is projected to grow at a CAGR of 4.62% from 2025 to 2035.
Europe is anticipated to be the largest market region, valued at 1.0 billion USD in 2024.
Animal Rennet is expected to be valued at 0.85 billion USD in 2024.
The Microbial Rennet segment is expected to reach a market value of 1.16 billion USD by 2035.
Key players include Arla Foods, Kerry Group, and Chr. Hansen Holding among others.
The Plant-Based Rennet market is estimated to be valued at 0.55 billion USD in 2024.
The MEA region exhibits the lowest market value at 0.08 billion USD in 2024.
The North American market for Rennet is projected to grow to approximately 0.7 billion USD by 2035.
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Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.
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