Rennet Market

By Source;

Animal Rennet, Microbial Rennet and Plant-Based Rennet

By Application;

Cheese Production, Desserts, Processed Foods and Confectionery

By Form;

Liquid Rennet, Powder Rennet and Tablet Rennet

By End User;

Food Industry, Pharmaceutical Industry and Cosmetics Industry

By Geography;

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

Rennet Market Overview

Rennet Market (USD Million)

Rennet Market was valued at USD 790.25 million in the year 2024. 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%.


Rennet Market

*Market size in USD million

CAGR 4.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.6 %
Market Size (2024)USD 790.25 Million
Market Size (2031)USD 1,082.65 Million
Market ConcentrationHigh
Report Pages367
790.25
2024
1,082.65
2031

Major Players

  • Chr. Hansen Holding A/S
  • Renco
  • DuPont
  • Clarion Casein Ltd
  • Fonterra Co-operative Group
  • WalcoRen
  • Enzyme Supplies Limited
  • Koninklijke DSM N.V

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Rennet Market

Fragmented - Highly competitive market without dominant players


The Rennet Market is growing steadily as the demand for dairy and cheese products continues to surge. Currently, more than 54% of cheese producers depend on rennet for effective coagulation, ensuring the desired texture, taste, and yield in cheesemaking. This reliance underscores rennet’s central role in the global dairy industry.

Adoption Driven by Cheese Consumption
The rising popularity of cheese-based diets and food products is driving rennet usage. Nearly 48% of dairy processors have expanded their rennet applications to meet consumer demand for specialty and processed cheese. This adoption highlights the importance of rennet in delivering consistent quality while supporting product diversification.

Integration of Alternative Sources
Innovation is reshaping the rennet industry, with microbial and plant-based sources gaining traction. About 42% of new product innovations now feature non-animal rennet to cater to vegetarian and sustainability-conscious markets. Furthermore, close to 35% of research initiatives target advancements in these substitutes to achieve performance similar to traditional rennet.

Enhancing Efficiency in Dairy Production
Efficiency improvements in dairy operations are further driving rennet demand. More than 50% of large-scale dairies report higher curdling efficiency and better yield outcomes with enhanced rennet blends. With a 40% increase in enzymatic solutions, rennet is playing a pivotal role in optimizing production while upholding quality standards.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Application
    3. Market Snapshot, By Form
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. 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. Rennet Market, By Source, 2021 - 2031 (USD Million)
      1. Animal Rennet
      2. Microbial Rennet
      3. Plant-Based Rennet
    2. Rennet Market, By Application, 2021 - 2031 (USD Million)
      1. Cheese Production
      2. Desserts
      3. Processed Foods
      4. Confectionery
    3. Rennet Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid Rennet
      2. Powder Rennet
      3. Tablet Rennet
    4. Rennet Market, By End User, 2021 - 2031 (USD Million)
      1. Food Industry
      2. Pharmaceutical Industry
      3. Cosmetics Industry
    5. 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