Lactose Free Dairy Products Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Report Code: ZMR-3525 | Report Format : | Status : Upcoming |

Abstract

Global Lactose-Free Dairy Products Market: Overview

Lactose-free dairy products are mainly made for people who are lactose-intolerant. A lactose-free dairy product contains very less lactose content and offers a nutritional advantage to the customers without causing any unpleasant reactions. The popularity and demand of lactose-free dairy products market globally are projected to experience an impressive growth in the upcoming years due to the growing population intolerant to lactose across the globe.

Global Lactose-Free Dairy Products Market: Growth Factors

The major growth driver in the lactose-free dairy products market globally is the increase in the consumption of organic food and beverages. Other factors fuelling the expansion of the market for lactose-free dairy products globally include rising incidences of lactose-intolerance cases and increasing per capita expenditure on dairy products both in developed and developing countries. Furthermore, growing several cases related to food allergies from different products containing lactose is an important factor influencing this market’s growth. Easy digestibility and enhanced bioavailability of the lactose-free dairy products are also contributing to the growth of this market.

Tough competition from dairy substitutes, such as nuts and cereals, might hamper the growth of lactose-free dairy products market on a global scale.

Global Lactose-Free Dairy Products Market: Segmentation

The market for lactose-free dairy products can be divided based on form, product type, nature, and distribution channel. On the basis of form, the lactose-free dairy market can be categorized into powder, liquid, and semi-solid. Based on product type, the market for the lactose-free dairy market is classified into processed milk products, infant formula, butter/cheese, desserts, ice cream, yogurt, milk powder, condensed milk, and milk. On the basis of nature, the lactose-free dairy market can be bifurcated into conventional and organic. Based on the distribution channel, lactose-free dairy products market can be fragmented into convenience stores, hypermarket/supermarket, e-retailers, and specialty stores. E-retailers might emerge as the most popular segment in the upcoming years due to growing acceptance of online shopping and penetration of internet.

Global Lactose-Free Dairy Products Market: Regional Analysis

Based on region, the lactose-free dairy products market can be fragmented into Europe, North America, the Middle East, and Africa, Asia Pacific, and Latin America. The North American region is likely to hold a major share in the market for lactose-free dairy products in the upcoming years. This is due to growing demand for cream-based products and yogurt and the increasing demand for organic food items. The Asia Pacific region is projected to show a good growth in the lactose-free dairy products market during the forecast period. This is due to an increase in the per capita expenditure related to dairy products.

Global Lactose-Free Dairy Products Market: Competitive Players

Some of the key players in the global market for lactose free dairy products include Nestle, Murray Goulburn Co-Operative, The Danone Company Inc., Dean Foods, Arla Foods, Shamrock Foods Company, Valio International, McNeil Nutritionals, Galaxy Nutritional Foods, Green Valley Organics, Alpro, Parmalat SpA, Kerry Group, Doves Farm Foods, Edlong Dairy Technologies, Amul, Crowley Foods, OMIRA GmbH, Daiya Foods, Cargill, and Fonterra Co-Operative Group Limited, among others.

Global Lactose-Free Dairy Products Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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