Market Overview

Owing to growing consumer needs and their awareness about specialty food has grown in recent years. The growth has been driven by the increased acceptance of free-from food amongst the consumers. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Lactose Free Foods Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
There has been growing demand of lactose free foods across the world owing to rising incidence of lactose intolerance. According to Lactose Intolerance Global Network (LIGN), majority of the worldwide adult population suffers from lactase deficiency, except for the population of Northern and Central Europe. With growing consumer concern over animal welfare, human health and the environment has led to the rising trend of veganism which has become a mainstream now. Veganism is associated with variety of beneficial health effects such as better heart health, improved diabetes, and lower rates of obesity, among others. Israel, Sweden, Japan, Poland, U.S., Germany, and U.K. have the largest concentration of vegans. Vegans look for animal ingredients alternatives and replace it with vegan ingredients which drives the demand of lactose free food.

Competitive Analysis:

The key market players profiled in Lactose free food are Daiya Foods, Inc. and Lactaid, Silk, Hail Marry, Lucy’s, Go Max Go, Simply Protien, Enjoy Life, Katefarms, Dr. Praeger, Alpro,Amy's Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Crowley Foods, Doves Farm Food, Edlong Dairy Technologies, Emmi, Fonterra, Galaxy Nutritional Foods, General Mills, Green Valley Organics, HP Hood, Kerry Group, Murray Goulburn, Sweet William, TINE Laktosefri,



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Market Sements:

The global Lactose free food market has been divided into type, source, and region.
On The Basis Of Type: Milk, Breads, Fats, Soups and Sauces, Desserts, and Others
On The Basis Of Source: Soy, Rice, Coconut, Almond, and Hemp milks
On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.

Regional Analysis

The global Lactose free food market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global Lactose free food market is highly dominated by Europe followed by North America. The U.S. registered for a higher consumption of lactose free food and it will be the major revenue contributor in the North American region. Furthermore, increasing demand for Lactose free food in convenience food category and rising awareness about the benefits of lactose-free products among consumers in developing countries such as India, China Japan, and Brazil are likely to boost the growth of the Lactose free food market during the forecast period.Bottom of Form



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