| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 0.80 Billion |
| Market Size (2030) | USD 1.04 Billion |
| CAGR (2025 - 2030) | 5.39 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Rennet Market Analysis
The Rennet Market size is estimated at USD 0.80 billion in 2025, and is expected to reach USD 1.04 billion by 2030, at a CAGR of 5.39% during the forecast period (2025-2030).
The demand for rennet is expected to increase, owing to its use as the main ingredient in cheese making. The United States is one of the world's largest cheese producers, and most of it is produced with rennet. The growing preference among consumers for cheese as an integral part of their diets is expected to boost the market for rennet. Rennet enzymes are increasingly being adopted for milk coagulation, owing to their ability to coagulate milk at a normal pH even if their activity increases with decreasing pH. One of the main things driving the growth of the rennet market is the rise in demand for stable chymosin rennet made through fermentation, which is used to coagulate milk.
Over the medium term, the increased environmental awareness and improved production methods of inexpensive rennet have created a new opportunity in the rennet market. It will cause an increase in the non-animal rennet market. In addition to this, a growing number of companies in the fast food and beverage product segment are expected to employ rennets in their manufacturing processes, thereby augmenting demand. The nutritional properties of rennets are expected to positively impact the rennet market.
Rennet Market Trends
Growing Cheese Market Boosting Demand for Rennet
Rennet is used for about 70% of the cheese in the United States and 33% of the cheese production across the globe. Presently, the growth of the global cheese market is being driven by a rise in the number of quick service restaurants (QSRs) in the developing regions and already established QSR outlets in the developed regions. In the United States, per-person cheese consumption was 40.2 pounds in 2020, a slight increase from previous years. Cheddar cheese and mozzarella cheese remain the most popular varieties of cheese (US Department of Agriculture). Another contributing factor to cheese's popularity around the world has been the mainstream acceptance of ethnic cuisines, such as Italian and Mexican, which use substantially more cheese. The popularity of Latino foods and Hispanic cheeses is at an all-time high. In addition, factors such as the longer shelf life of cheese products, the rise in disposable income, and the increase in demand for protein-rich foods have been propelling market growth over the review period. The growing demand for cheese has led to a growing demand for rennet, which is used in the curdling of milk, which is one of the primary steps involved in the manufacture of cheese. Due to this factor, the key players in the market studied have been focused on product innovations and launches to cater to the growing demand in the market studied.
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Europe Holds a Major Market Share
Europe accounts for the largest market share, followed by North America. Also, the flexitarian and vegan populations are increasing at a high rate in North America and Europe, which is driving the demand for rennet in these regions. Thus, the manufacturers of rennet have an opportunity to establish themselves in these regions. Furthermore, the increasing vegan population and the demand for cheese are anticipated to drive the sales of microbial rennet. Increased cheese production accompanied by high consumption drives the demand for rennet in the United Kingdom's cheese-making industry. For instance, according to the United Kingdom Dairy Trade Association, in 2021, around 504 thousand metric tons of cheese were produced in the country, an increase from 471 metric tons in 2019. Moreover, the expanding cheese-making industry using advanced technologies and innovative production methods is likely to drive the demand for rennet in European countries like Germany, France, Italy, and Russia. The region is home to many popular cheese variants and has a long history of cheese-making.
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Rennet Industry Overview
The global rennet market is fragmented and intensely competitive owing to the presence of several regional and multinational players, such as Chr. Hansen Holding AS, International Flavors & Fragrances Inc. (IFF), Sacco SRL, Koninklijke DSM NV, and AFFCO, among others. Expansion and partnership are the most important strategies taken up by a few players to widen their business offerings globally. Key market players are also increasingly relying on product innovation and expansion. Extensive investment in R&D has been witnessed in the past years, which has led to the introduction of numerous product developments in the market.
Rennet Market Leaders
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AFFCO
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Chr. Hansen Holding AS
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Koninklijke DSM NV
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International Flavors & Fragrances Inc. (IFF)
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Sacco SRL
- *Disclaimer: Major Players sorted in no particular order
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Rennet Market News
- August 2020: AFFCO's Renco invested multi-millions of dollars in increasing their rennet production capacity. The company has partnered with The Cheese Connection, a distributor that supplies Renco's rennet to the United States. The expansion had doubled the company's production capacity of rennet, which in turn strengthened its relationship with The Cheese Connection.
- January 2020: PunatureFood Ingredient Co. Ltd. started the production of chymosin, also known as rennin, in their China manufacturing unit.
- November 2019: DSM announced its acquisition of specialty dairy solutions provider Koninklijke CSK Food Enrichment CV in a deal worth around EUR 150 million. CSK's modernized dairy application center in Food Valley, Wageningen, will be included in the deal. With its high-tech fermentation plant in Leeuwarden, it will also become part of DSM's global production network.
Rennet Industry Segmentation
Rennet is a set of enzymes produced from a number of sources, including animal, plant, microbial, and fermentation-derived sources. It is predominantly used as a coagulant in industrial cheese-making. The report on the global rennet market (henceforth referred to as the market studied) offers an in-depth analysis pertaining to types and forms of rennet across the globe. The global rennet market is segmented by type into animal-derived rennet, microbial rennet, FPC (fermentation-produced chymosin rennet), and vegetable rennet. Based on the form of rennet, the market studied has been segmented into liquid, powder, and paste. In terms of geography, the market studied has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The rest of the world is further bifurcated into the South America, Middle East, and Africa regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD million).
| Type | Animal-Derived Rennet | ||
| Microbial Rennet | |||
| FPC-Fermentation Produced Chymosin Rennet | |||
| Vegetable Rennet | |||
| Form | Liquid | ||
| Powder | |||
| Paste | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Rest of North America | |||
| Europe | United Kingdom | ||
| Germany | |||
| Spain | |||
| France | |||
| Italy | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| Rest of the World | South America | ||
| Middle-East | |||
| Africa | |||
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Rennet Market Research FAQs
How big is the Rennet Market?
The Rennet Market size is expected to reach USD 0.80 billion in 2025 and grow at a CAGR of 5.39% to reach USD 1.04 billion by 2030.
What is the current Rennet Market size?
In 2025, the Rennet Market size is expected to reach USD 0.80 billion.
Who are the key players in Rennet Market?
AFFCO, Chr. Hansen Holding AS, Koninklijke DSM NV, International Flavors & Fragrances Inc. (IFF) and Sacco SRL are the major companies operating in the Rennet Market.
Which is the fastest growing region in Rennet Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Rennet Market?
In 2025, the Europe accounts for the largest market share in Rennet Market.
What years does this Rennet Market cover, and what was the market size in 2024?
In 2024, the Rennet Market size was estimated at USD 0.76 billion. The report covers the Rennet Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Rennet Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Rennet Industry Report
The report covers a comprehensive global market analysis for the Rennet industry. It explores various segments by type, including animal-derived rennet, microbial rennet, FPC fermentation-produced chymosin rennet, and vegetable rennet, as well as by form, such as liquid, powder, and paste. The report also delves into geographical segmentation, covering North America, Europe, Asia-Pacific, and the rest of the world.
This industry report offers detailed insights into market size and values in USD million during the forecasted years. The market analysis provides an in-depth look at the market share of different segments, highlighting the global market trends and market growth. The report also includes a thorough industry analysis, examining the market forecast outlook to 2029 and a historical overview.
Key industry statistics and market data are presented, offering valuable information on market segmentation and market value. The report example, available as a free report PDF download, serves as a useful resource for understanding the industry's market outlook and market overview. It also sheds light on market predictions and market review, helping stakeholders make informed decisions.
The report identifies market leaders and provides an industry outlook, covering industry trends and industry size. It includes a detailed examination of growth rates and industry sales, supported by comprehensive industry research. The industry reports and research companies involved in the study contribute to a robust understanding of the market dynamics.
Overall, this market report is an essential tool for anyone seeking to understand the Rennet market's current state and future prospects. It provides a holistic view of the industry, supported by market forecast and industry information, ensuring that readers are well-equipped with the knowledge needed to navigate this market effectively.
