Global Rennet Market Size is valued at USD 731.2 Mn in 2024 and is predicted to reach USD 1356.2 Mn by the year 2034 at a 6.5% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the Report:
Rennet is a proteolytic enzyme usually taken from the stomach lining of calves. The primary substance that makes up rennet is chymosin. Rennet is employed in the cheesemaking process to facilitate milk coagulation and remove whey from the initial curdling stage. Making rennet involves heating raw milk to 32–37 °C for 40–60 minutes while adding rennet derived from the calf's stomach lining. Rennet market expansion is anticipated to be aided by the cheese market's expansion due to rising cheese consumption. Globally expanding vegetarian populations are fueling demand for plant-based food items, which is also accounted to boost the market growth. Growing consumer demand for plant-based cheese due to dietary restrictions and an increase in health-conscious consumers worldwide is anticipated to present significant growth opportunities over the forecast period. Pepsin makes cheese instead of rennet since it is substantially less expensive.
Once more, it is predicted that this issue will slow market expansion. The market is anticipated that introducing an enhanced rennet production technique will open up new market prospects. The new technology should satisfy the market's demand for non-animal rennet.Additionally, the adoption of rennet is anticipated to have strong demand due to the increase in food and beverage firms, supporting market expansion. The availability of many solutions, such as natural and synthetic rennet, depending on the needs and financial situation of the manufacturer, is now promoting the overall expansion of the rennet market. The main restraint to the growth of the rennet market is religious convictions and rising danger threats brought on by incorrect handling of materials and goods.
The rennet market is segmented on type and form. Based on type, the market is segmented into animal-derived rennet, microbial rennet, vegetable rennet, and fermentation-produced chymosin rennet. Based on form, the rennet market is segmented into liquid, powder and paste.
The market's leading segment was drugs. Some of the main drivers of the expansion include an expanding patient population for monkeypox disease, an increase in the use of antiviral drugs, and high treatment costs for the symptomatic management of the illness. However, the vaccine segment is anticipated to grow significantly. Increased use of vaccines against monkeypox infection, greater public awareness of vaccination, and intensive R&D efforts to create novel medicines are all predicted to boost category expansion. Additionally, several government measures to increase vaccine accessibility are projected to support category growth.
Liquid form grabbed the highest revenue share, and it is anticipated that it will continue to hold that position during the anticipated time. In factories, the liquid form is widely used to make huge amounts of cheese. They also contain extra preservatives, which prolong the cheese's freshness.
The Europe Rennet market is expected to register the highest market share in revenue shortly. This results from several variables, including an increase in the number of vegans and advanced technology used in cheese manufacturing. It is anticipated that the expanding cheesemaking industry, which employs cutting-edge technologies and creative manufacturing techniques, will be the primary driver of the demand for rennet in European countries like Germany, France, Italy, and Russia. Besides, the Asia-Pacific is anticipated to have rapid expansion. Interest in non-cheese dishes and rising consumption of cheeses like cheddar and mozzarella in the West Rennet is increasingly being used to produce several varieties of cheese in Asian nations like Japan, China, and India.
| Report Attribute | Specifications |
| Market Size Value In 2024 | USD 731.2 Million |
| Revenue Forecast In 2034 | USD 1356.2 Million |
| Growth Rate CAGR | CAGR of 6.5% from 2025 to 2034 |
| Quantitative Units | Representation of revenue in US$ Mn,and CAGR from 2025 to 2034 |
| Historic Year | 2021 to 2024 |
| Forecast Year | 2025-2034 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | Type, Form |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
| Competitive Landscape | Chr. Hansen Holding AS, AFFCO, International Flavors & Fragrances Inc., Intermak Inc., Punature Food Ingredient Co. Ltd, Walcovit Inc., Hebei Yoko Biotech Co. Ltd, Koninklijke DSM NV, MAYASAN Food Industries AS, Calza Clemente SRL, Iran Industrial Enzymes Company, and Sacco SRL. |
| Customization Scope | Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing And Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
By Type:
By Form
By Region-
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Asia-Pacific-
Latin America-
Middle East & Africa-
This study employed a multi-step, mixed-method research approach that integrates:
This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.
Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.
Secondary data for the market study was gathered from multiple credible sources, including:
These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.
Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.
Primary interviews for this study involved:
Interviews were conducted via:
Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.
All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.
The data validation process included:
This ensured that the dataset used for modelling was clean, robust, and reliable.
The bottom-up approach involved aggregating segment-level data, such as:
This method was primarily used when detailed micro-level market data were available.
The top-down approach used macro-level indicators:
This approach was used for segments where granular data were limited or inconsistent.
To ensure accuracy, a triangulated hybrid model was used. This included:
This multi-angle validation yielded the final market size.
Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.
Given inherent uncertainties, three scenarios were constructed:
Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.