Lactose-Free Products Market
Lactose-Free Products Market Size, Share & Trends Analysis Report by Type (Milk, Yogurt, Butter, Cheese, Ice-Cream, and Others), by Category (Organic and Inorganic), and by Distribution Channel (Online and Offline) Forecast Period (2022-2028)
lactose-free products market is anticipated to grow at a CAGR of 6.8% during the forecast period. Lactose is a natural sugar found in milk and dairy products such as cheese and yogurt. After eating this sugar, a digestive enzyme called lactase supports to breaking down of lactose into two simple sugars, glucose and galactose for digestion. The rise n number of lactose-intolerant people across the globe is expected to accelerate the demand and market growth during the forecast period. Lactose intolerance is caused by the normally decreasing activity of the LCT gene, which means people may experience an increasing inability to digest lactose. Further, according to the ProCon.org, about 65% of the adult human population has this sort of lactose intolerance, which results in abdominal pain and other gastrointestinal consequences after eating dairy products. According to the National Institutes of Health (NIH), as of 2020, in adults lactose intolerance shows up most often in people of East Asian heritage, affecting 70% to 100% of the population. Moreover, the consumption of lactose-free products has wider scope due to the growing lactose intolerance among consumers.
However, the undesirable taste of lactose products coupled with the higher price compared to regular dairy products are the factors expected to restrain the growth of the market during the forecast period. The high cost associated with the R&D capabilities will also restrain the growth of the market over the forecast period.
Segmental Outlook
The global lactose-free products market is segmented based on the type, category, and distribution channel. Based on the type, the market is augmented into milk, yogurt, butter, cheese, ice cream, and others. Based on the category, the market is sub-segmented into organic and inorganic. Based on the distribution channel, the market is further bifurcated into online and offline. Among the distribution channels, the online distribution channel is expected to hold a considerable share in the market during the forecast period, owing to increasing internet penetration coupled with the rising adoption of smartphones globally among the population. Thus, supporting the lactose-free products market growth positively during the forecast period.
Among the type, the milk segment is expected to provide a remarkable growth rate to the market during the forecast period. Rising dairy consumption along with the rising health awareness is expected to surge the demand for the market during the forecast period. Milk is essential to family nutrition. For instance, according to the National Milk Producers Federation, in 2020, lactose-free milk consumption saw 21.4 % gains across the categories such as organic milk, flavors/ milkshake, buttermilk, and others.
Regional Outlooks
The global lactose-free products market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Europe region is expected to provide lucrative growth to the market during the forecast period. The companies are developing new lactose-free products at an affordable price for health-conscious consumers which is expected to drive the market growth.
Global Lactose-Free Products Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Significant Share in the Global Lactose-Free Products Market
Among all regions, the Asia-Pacific region is expected to hold a significant market share in the market during the forecast period owing to factors including the rising developments and launch of innovative lactose-free products by market players, rising disposable income, and growing adoption of lactose-free yogurts in the region. For instance, in August 2021, Bengaluru-based 'Ausum' launched a new line of instant, plant-based, dairy-free Super Lattes. The product is made with 100% natural ingredients and supercharged with Reishi mushroom and Ashwagandha for stress and immunity support, Ausum's Super Latte includes two flavors - the not-so-sweet Chocolate and Spiced Turmeric.
Market Players Outlook
The major companies serving the global lactose-free products market include Abbott Laboratories, Amway Corp., Bayer AG, DuPont de Nemours, Inc., General Mills, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2022, ITC announced the launch of Aashirvaad Svasti ‘Easy Digest Milk’ - West Bengal’s first lactose-free milk in a convenient pouch packet. The launch of this differentiated offering further strengthens the brand’s resolve to meet the nutritional needs of Kolkata consumers. Additionally, The survey gauged the incidence of lactose intolerant population in the city and presented an in-depth insight into the demographic profile of people reporting lactose intolerance. The survey findings revealed that 35% of households in Kolkata suffer from lactose intolerance. Aashirvaad Svasti Easy Digest Milk is being launched at a very affordable price point of $0.34 (Rs 27) for a 500ml pouch pack and will also be available to top consumers to encourage trial.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global lactose-free products market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Lactose-Free Products Market by Type
4.1.1. Milk
4.1.2. Yogurt
4.1.3. Butter
4.1.4. Cheese
4.1.5. Ice-Cream
4.1.6. Others
4.2. Global Lactose-Free Products Market by Category
4.2.1. Organic
4.2.2. Inorganic
4.3. Global Lactose-Free Products Market by Distribution Channel
4.3.1. Online
4.3.2. Offline
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Abbott Laboratories
6.2. Agri-Mark, Inc.
6.3. Amway Corp.
6.4. Bayer AG
6.5. Dairy Farmers of America, Inc.
6.6. Danone S.A.
6.7. Drums Food International Private Ltd.
6.8. DuPont de Nemours, Inc.
6.9. General Mills, Inc.
6.10. Granlatte Soc. Coop. Agricola Srl
6.11. Gujarat Cooperative Milk Marketing Federation Ltd.
6.12. Johnson & Johnson Services, Inc.
6.13. Koninklijke DSM N.V.
6.14. Lifeway Foods, Inc.
6.15. Medifast Inc.
6.16. MEGGLE Group Gmbh
6.17. Nestle S.A.
6.18. NOW Health Group, Inc.
6.19. Organic Valley
6.20. Prairie Farms Dairy, Inc.
6.21. Saputo Inc.
6.22. Shamrock Foods
6.23. SmithFoods Inc.
6.24. The Coca-Cola Co.
6.25. Valio Ltd.
1. GLOBAL LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL LACTOSE-FREE MILK PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL LACTOSE-FREE YOGURT PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL LACTOSE-FREE BUTTER PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL LACTOSE-FREE CHEESE PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL LACTOSE-FREE ICE-CREAM PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL LACTOSE-FREE OTHER PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
9. GLOBAL ORGANIC LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL INORGANIC LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
12. GLOBAL LACTOSE-FREE PRODUCTS BY ONLINE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL LACTOSE-FREE PRODUCTS BY OFFLINE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. NORTH AMERICAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
17. NORTH AMERICAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
19. EUROPEAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. EUROPEAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. EUROPEAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
22. EUROPEAN LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
27. REST OF THE WORLD LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD LACTOSE-FREE PRODUCTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. GLOBAL LACTOSE-FREE PRODUCTS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL LACTOSE-FREE MILK PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL LACTOSE-FREE YOGURT PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL LACTOSE-FREE BUTTER PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL LACTOSE-FREE CHEESE PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL LACTOSE-FREE ICE-CREAM PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL LACTOSE-FREE OTHER PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL LACTOSE-FREE PRODUCTS MARKET SHARE BY CATEGORY, 2021 VS 2028 (%)
9. GLOBAL ORGANIC LACTOSE-FREE PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL INORGANIC LACTOSE-FREE PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL LACTOSE-FREE PRODUCTS MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
12. GLOBAL LACTOSE-FREE PRODUCTS BY ONLINE MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL LACTOSE-FREE PRODUCTS BY OFFLINE MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL LACTOSE-FREE PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. US LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
16. CANADA LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
17. UK LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
18. FRANCE LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
19. GERMANY LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
20. ITALY LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
21. SPAIN LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF EUROPE LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
23. INDIA LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
24. CHINA LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
25. JAPAN LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
26. SOUTH KOREA LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF ASIA-PACIFIC LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD LACTOSE-FREE PRODUCTS MARKET SIZE, 2021-2028 ($ MILLION)
