ALL >> Food,-Cooking-and-Drink >> View Article
Lactose-free Products Market Expected To Reach $18.4 Billion By 2025

“The lactose-free productsmarket isprojected to grow at a CAGR of8.7% during the forecast period.”
According to MarketsandMarkets, the lactose-free products market is estimated to be valued atUSD 12.1billion in 2020and is projected to reach USD 18.4billion by 2025, recording a CAGR of 8.7%, in terms of value. Factors such as the increasing awareness of lactose intolerance among consumers across regions andthegrowing demand for reduced added sugar or no added sugar productsare projected to drive the growth of the lactose-free productsindustry during the forecast period. However, the growth of the lactose-free productsmarket is inhibited by factors, such ashigh cost of lactose-free products and stiff competition from plant-based alternatives.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=4457397
“By type, the milksegmentis projectedtohold the largest sharein the market during the forecast period.”
Milk in general is amongst the most commonly consumed dairy products globally. Lactose- free milk is a rich source of protein, calcium, phosphorus, vitamin ...
... B12, riboflavin, and vitamin D. Lactose-free milk is produced by adding lactase to regular cow’s milk. The lactose-free milk tastes sweeter than regular milk because during the process of production lactase is added to lactose-free milk that helps in breaking down of lactose into two sugar forms namely; glucose and galactose. This is the key factor driving the growth of milk segment in lactose-free products market.
“By form, the no added sugar or reduced sugar claims segment is estimated to the fastest growing segment during the forecast period.”
By form, the no added sugar or reduced sugar claims segment is projected to be the fastest-growing segment. Due to the increase in awareness about health concerns, such as obesity and diabetes, consumers witness a high demand for no added sugar or reduced sugar products. For catering to the changing demands of consumers, many players in the dairy industry are focusing on introducing lactose-free dairy products with reduced added sugar or no added sugar claims. The trend of using reduced added sugar or no added sugar drives the lactose-free products market.
“By Category, Organic segment is projected to be the fastest-growing segment during the forecast period.”
The change in consumer perceptions toward healthy eating, increasing health consciousness among consumers, and growing awareness about the nutritional benefits of organic products have encouraged the growth of organic lactose-free products market. The increase in consumer consciousness about clean products and concerns about health issues related to artificial products and health benefits pertaining to naturally produced organic food products are factors encouraging the growth of the organic lactose-free products market.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=4457397
“The Asia Pacific regionis projected to grow at the highest CAGR during the forecast period”
The Asia Pacific region is projected to be the fastest-growing market during the forecast period. The significant growth of the economy in countries, rapid urbanization, an increase in demand for premium and healthy food & beverage products, and the increase in the westernization of consumer diets are some of the major factors driving the growth of lactose-free products in the region.
Leading players profiled in this report include the following:
· Gujarat Cooperative Milk Marketing Federation (India)
· Valio LTD (Finland)
· Danone Company S.A. (France)
· Nestlé (Switzerland)
· The Coca-Cola Company (US)
· Johnson & Johnson Services, Inc. (US)
· General Mills, Inc. (US)
· Lifeway Foods, Inc. (US)
· Lala U.S., Inc. (US)
· Organic Valley (US)
· Dairy Farmers of America, Inc. (US)
Research Coverage
This report segmentsthelactose-free productsmarketon the basis oftype, form, category, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape,pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the lactose-free productsmarket, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Add Comment
Food, Cooking and Drink Articles
1. Why You Should Switch To Loose Leaf English Breakfast TeaAuthor: Amelia Hills
2. Dip It Right: Compact Paper Containers For Clean Food Presentation
Author: Gujarat Shopee
3. Healthy Barramundi Bowls: Quick Meals With Big Flavour
Author: Mathew Duncombe
4. What You Should Know About The Best And Great And Popular Tomato Paste Factory China?
Author: Tianjin Shinhoo Food co.,ltd
5. How To Prepare Sweet And Sour Chicken (without Deep-frying)?
Author: Coba Grill HK
6. 5 Reasons To Switch To Organic Fruits & Vegetables Today
Author: Naysha Farms
7. Everything You Should Know About The Amazing Tomato Paste Manufacturer China
Author: Tianjin Shinhoo Food co.,ltd
8. Baked Into Every Memory: The Timeless Taste Of Parle
Author: Drishti Desai
9. Where To Buy Best Spices & Nuts Online In India – Legacy Dive Exim Has It All!
Author: Legacy Dive Exim
10. How Healthy Air Fryers Food
Author: John copper
11. Cracking The Biscuit Code With Parle: A Taste That Built A Nation
Author: Drishti Desai
12. How To Prepare Tomato Noodle Soup?
Author: Coba Grill HK
13. Top Factors To Consider Before Choosing A Leak-proof Paper Container
Author: Gujarat Shopee
14. Lune Multi Cuisine Restaurant
Author: justin
15. The Heart Of Exceptional Events: How Cassowary Cafe Care Sets The Standard For Catering Excellence
Author: edward bliss