Lactose-Free Products Market Forecast 2020 – 2027 Top Key Players Analysis


Posted November 23, 2020 by shaqibakram

The global lactose-free products market is expected to witness strong demand in the upcoming years. This is mainly due to the increasing awareness of lactose intolerance among the consumers and the strong...

 
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The Lactose-Free Products Market drivers and trends are as follows:

The global lactose-free products market is expected to witness strong demand in the upcoming years. This is mainly due to the increasing awareness of lactose intolerance among the consumers and the strong demand for decreased added sugar or no added sugar products globally. According to the National Center for Biotechnology Information (NCBI), near 65% of the global population is prone to lactose intolerance. This is one of the key drivers driving the demand for lactose-free food products in the market. Moreover, the rising health awareness and wellness concerns among the consumers is further bolstering the growth of the market during the forecast period. The demand for lactose-free products is drastically rising, especially in Europe and the U.S., driven by the growing self-diagnosed lactose intolerance cases among the consumers. The growing innovations in lactose-free dairy products have increased the health benefits offered by lactose-free dairy products.

The major dairy manufacturers focus on expanding their consumer base by reducing fat and sugar content, encouraging easy digestion, and developing a variety of products by mixing different lactose-free ingredients with healthy ingredients. In addition to this, the growing willingness of consumers to pay more for food & beverage with health benefits is further creating new growth opportunities for the market. On the other edge of the spectrum, the high prices of lactose-free products are a major driver that is hindering the growth of the market in the upcoming years.

Key Benefits of the Report:

This report offers an analytical depiction of the lactose-free products market while providing the current trends and future estimations to determine the imminent investment pockets.
This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the lactose-free products market share.
The report also provides a detailed lactose-free products market analysis based on competitive intensity and how the competition will take shape over the next six years.
Various companies covered in the Lactose-Free Products Market report:

The Coca-Cola Company
Gujarat Cooperative Milk Marketing Federation (GCMMF)
Nestle SA
Danone Company S.A.
Valio Ltd.
Johnson & Johnson Services, Inc.
General Mills Inc.
Lifeway Foods, Inc.
LALA U.S., Inc.
Organic Valley
Segmentation of the Lactose-Free Products Market:

Breakup by Type:

Milk
o Plain

o Flavored

o Others

Yogurt
o Set

o Drinking/ Ambient

o Regular

o Probiotic

o Others

Cheese
o Cheddar

o Cottage

o Hard

o Soft

o Others

Ice cream
Confectionery products
Others
Breakup by Form:

Lactose-free
No added sugar products/ reduced sugar claims
Reduced lactose products
Breakup by Category:

Organic
Inorganic
Breakup by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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Last Updated November 23, 2020