Global Microbial Rennet Market Size, Share, Growth Analysis Report - Forecast 2034

Microbial Rennet Market: Industry Perspective

The global microbial rennet market size was worth around USD 796.43 Million in 2024 and is predicted to grow to around USD 1493.6 Million by 2034 with a compound annual growth rate (CAGR) of roughly 6.49% between 2025 and 2034.

The report analyzes the global microbial rennet market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the microbial rennet industry.

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Microbial Rennet Market: Overview

Microbial rennet enzyme is used in the cheese-making process. It is used to coagulate milk proteins resulting in the formation of whey and curds. The main difference between traditional animal rennet and microbial rennet is that the latter is extracted from the stomach lining of young ruminant animals such as calves.

Microbial rennet production uses fungi and bacteria that have been genetically modified. It is an excellent alternative to animal rennet making it popular among consumers who have vegetarian or vegan diets. It is also a more consistent and reliable source of rennet, as the production process can be carefully controlled to ensure consistent enzyme activity. However, some cheese makers prefer animal rennet for traditional and flavor reasons. The microbial rennet industry deals with the production and distribution of microbial rennet to the end-consumers.

Key Insights

• As per the analysis shared by our research analyst, the global microbial rennet market is estimated to grow annually at a CAGR of around 6.49% over the forecast period (2025-2034).
• Regarding revenue, the global microbial rennet market size was valued at around USD 796.43 Million in 2024 and is projected to reach USD 1493.6 Million by 2034.
• The microbial rennet market is projected to grow at a significant rate due to rising demand for vegetarian and halal/kosher cheese, growth in the dairy industry, and the need for cost-effective and consistent alternatives to animal-derived rennet.
• Based on Application, the Cheese Production segment is expected to lead the global market.
• On the basis of Source, the Fungal Rennet segment is growing at a high rate and will continue to dominate the global market.
• Based on the Form, the Liquid segment is projected to swipe the largest market share.
• By End Use, the Dairy Industry segment is expected to dominate the global market.
• Based on region, Europe is predicted to dominate the global market during the forecast period.

Microbial Rennet Market: Growth Drivers

Increasing cheese consumption to propel market demand

The global microbial rennet market is expected to grow owing to the increasing consumption and demand for cheese across the globe. One of the primary reasons for the rise in cheese consumption is the growing population which in November 2022 reached over 8 billion. In addition to this, food habits amongst end consumers have undergone tremendous change over the years.

With increasing accessibility to supermarkets, hypermarkets, and online sales channels, the awareness rate of consumers has increased multifold. Furthermore, people are more keen on trying different regional cuisines which adds to the changed consumption patterns and eating habits. As per Statista, In the fiscal year 2022, the Australian population consumed about 15.1 kilograms of cheese per capita.

Microbial Rennet Market: Restraints

Limited awareness rate to restrict the market growth

The microbial rennet industry may witness restricted growth due to the limited awareness rate about the existence of microbial rennet and the advantages of consuming cheese and other products derived from microbial rennet.

Although the rise in demand for vegetarian rennet cannot be denied, as compared to animal rennet, the growth is low which leads to lesser revenue. Most of the end-consumers of companies operating in the food & beverages sector use animal rennet due to its easy availability and relatively higher popularity.

Microbial Rennet Market: Opportunities

Increasing demand for vegetarian cheese to provide growth opportunities

The global microbial rennet market is expected to gain more growth opportunities due to the growing demand for vegetarian or halal-certified cheese. The latter are edible items that are produced in accordance with Islamic dietary laws, which prohibit the consumption of certain food products.

As more people are now opting for vegan diet forms or vegetarian food products, the demand for microbial rennet is projected to generate more revenue streams, especially in countries where people are deserting animal-based edible products.

Microbial Rennet Market: Challenges

Competition from animal-based rennet to challenge market growth

One of the key challenges faced by the microbial rennet industry players is the constant challenge from companies selling animal-based rennet and derived products. This form of rennet has been in the market for a long time and hence has a dedicated consumer database.

Moreover, companies selling animal-based rennet enjoy the benefits of an established supply chain which microbial rennet producers and sellers have not achieved as of current times. This could pose a major threat to the industries operating the industry.

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Microbial Rennet Market: Segmentation

The global microbial rennet market is segmented based on application, form, and region.

Based on application, the global market segments are yogurt, cheese, dessert, and others. In 2022, the industry witnessed the highest growth in the cheese segment due to the higher use of microbial rennet in the production process.

Although plant-based rennet can be used to produce other items such as yogurt and dessert, its main application has long been in cheese production due to its ability to produce high-grade cheese with texture and flavor comparable to animal rennet-based cheese.

Moreover, the microbial form can be used to produce a variety of cheese items such as soft cheeses, hard cheeses, and specialty cheeses making it more versatile as compared to other forms of rennet. A specific strain of fungi or bacteria is used to produce cheese when using microbial rennet. The predictable coagulation and consistency is the major reason for the high demand for microbial rennet. As per Statista, global cheese production in 2022 was close to 22.17 million metric tons.

Based on form, the global market divisions are powder, liquid, and others. In 2022, the microbial rennet industry witnessed more demand for liquid microbial rennet however it should be noted that the preference for rennet form is entirely dependent on the end-users and their specific requirements.

For instance, the liquid form of microbial rennet is easier to mix with milk and it can be directly added without the requirement of additional mixture. Moreover, they are preferred in certain types of cheese-making processes especially where faster coagulation with even consistency is required. The powdered form of plant-based rennet is easy to store and is less prone to damage due to external conditions. When liquid type is kept in air-tight concealers and at a temperature of 37°F-42°F, they can last up to a year.

On the basis of Source, the global microbial rennet market is bifurcated into Fungal Rennet, Bacterial Rennet, Yeast Rennet.

In terms of End Use, the global microbial rennet market is categorized into Dairy Industry, Food Processing, Pharmaceutical.

Microbial Rennet Market: Report Scope

Recent Developments:

• In June 2021, New Culture, a startup operating in the animal-free dairy industry that works on engineering microbes to produce dairy milk proteins without using cows, announced its intention to launch a new range of animal-free Mozzarella. The company intends to reach its goal by the end of late 2023. New Culture has already managed to make breakthrough developments by producing animal-free casein protein
• In March 2023, Daiya, a pioneer in launching plant-based cheese products in North America, announced an investment worth multi-million dollars in a new fermentation technology that will aim the company’s vision to promote the production of meltier, tastier, and stretchier plant-based cheese. The investment is expected to aid the company in reinforcing its dominance in the marketplace

Microbial Rennet Market: Regional Analysis

North America to propel market growth

The global microbial rennet market is projected to witness the highest growth in North America mainly driven by the rising cheese consumption in the regions of Canada, Mexico, and the US, which is also the largest contributor to the regional market. In addition to this, there are several US companies that have invested in catering to the needs of the growing vegetarian population in the country, including plant-based cheese and other regular edible items.

Moreover, the existence of pioneering firms that have revolutionized the technologies and research surrounding the production of plant-based cheese including the use of microbial rennet has played an important role in the high CAGR observed in North America. Europe is another significant contributor to the global market mainly driven due to the growing food & beverages sector of Spain, France, Germany, and the UK.

Microbial Rennet Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the microbial rennet market on a global and regional basis.

The global microbial rennet market is dominated by players like:

• Clover Sonoma
• DSM
• Dupont
• Eucadis
• AgroSource
• Hansen
• Bioprox
• Valley Milk Simply Bottled
• Sacco Systems
• ProbioFerm
• Kerry Group
• Meito Sangyo
• Sartori Cheese
• Advanced Dairy Ingredients
• Nizozem

The global microbial rennet market is segmented as follows;

By Application

• Cheese Production
• Yogurt Production
• Coagulation Agent
• Gelatin Production

By Source

• Fungal Rennet
• Bacterial Rennet
• Yeast Rennet

By Form

• Liquid
• Powder
• Granulated

By End Use

• Dairy Industry
• Food Processing
• Pharmaceutical

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America