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2022
Lactose Free Products Market

Lactose Free Products Market by Type (Milk, Cheese, Yogurt, Ice-cream, and Confectionery Products), Form (Lactose-free, No Added Sugar/ Reduced Sugar Claims, and Reduced Lactose), Category (Organic and Inorganic): Global Opportunity Analysis and Industry Forecast, 2021–2030

A16161
Pages: NA
Jul 2022 | 57 Views
   
Author(s) : Roshan Deshmukh
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Lactose is the sugar molecule found in milk and is the primary source of energy. Lactose is a sugar made composed of two sugars: glucose and galactose. Lactose-free foods are those that have been created without the use of lactose. Lactose content is lowered or removed in lactose-free food products. This is accomplished by dissolving the lactose molecule in the diet into glucose and galactose. Lactose-free foods are created specifically for people who have lactose intolerance. Lactose intolerance is caused by a lack of lactase, the enzyme responsible for breaking down lactose into glucose and galactose. As a result, the primary goal of lactose-free food production is to give all of the product's nutritional benefits while avoiding any negative side effects. Lactose-free foods are easier to digest, and the demand for lactose-free foods is increasing as the number of people with food allergies and intolerances rises.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, LAMEA

Segments Covered

Type, Form, Category, and Region

Companies Covered

Dairy Farmers of America, Inc., Danone Company S.A., General Mills, Inc., Johnson & Johnson Services, Inc., Lifeway Foods, Inc., Nestlé, Organic Valley, Prairie Farms Dairy, Saputo Inc, and The Coca-Cola Company

 

COVID-19 Impact analysis

  • As a result of the COVID-19 problem, which is affecting the whole lactose free product industry, several businesses are closing or curtailing their business hours.
  • Lactose free product demand, on the other hand, is expected to stay constant in the near future. When the second wave of the epidemic got more severe, players started planning their supply networks and stockpiles to meet the demand for immunity-boosting products.
  • During the COVID-19 scenario, considerable changes in consumer behavior and demand, purchasing patterns, supply chain re-routing; dynamics of current market forces, and government actions were observed.

Top Impacting Factors

  • Due to an increase in the number of lactose intolerant people, as well as increased knowledge and self-diagnosis, the market for lactose-free goods has grown significantly.
  • Furthermore, the availability of lactose-free products with added health benefits presents a tremendous market opportunity for the lactose-free products industry's leading players.
  • However, the high cost of lactose-free products is expected to stifle the market's overall growth during the forecast period.

Market Trends

Lactose-free goods with enhanced health benefits are now available

The surge in health benefits offered by lactose-free dairy products has resulted from increased innovation in the lactose-free dairy market, which represents important growth potential for the lactose-free dairy market. Gluten-free and low/no/reduced sugar claims in lactose-free dairy products help to widen the market base. Lactose-free milk products with probiotics, for example, are among the latest innovations in digestive health. For example, Danone Company S.A. (France) introduced Activia, probiotic yoghurt that contains probiotics that aid intestinal health.

Probiotics are bacteria that have been extensively examined and proven to aid provide health advantages beyond basic nutrition when ingested in sufficient levels. In addition, The Coca-Cola Company (US) offered lactose-free milk with Omega-3 through its Fairlife LLC brand, which aids in brain health. The market is expected to grow as a result of these advancements.Dairy manufacturers are capitalizing on this trend by promoting easy digestion, lower fat and sugar content, and generating a variety of products by combining lactose-free ingredients with beneficial nutrients such as vitamins, proteins, and fibers to provide customers with a wide range of options.

Lactose intolerance is on the rise, as is awareness and self-diagnosis

Lactose intolerance affects roughly 65 percent of the world's population, according to the National Center for Biotechnology Information (NCBI). As a result, lactose-free goods are being produced in greater numbers. Lactose intolerance affects approximately 90% of adults in East Asia, according to research. Furthermore, rising consumer health awareness and wellness concerns are expected to fuel the rise and demand for lactose-free goods. Lactose intolerance is also common in adults, according to the US National Library of Medicine, with 30 million adults in the United States experiencing symptoms by the age of 20.

Lactose intolerance, on the other hand, can strike African Americans as early as the age of two. Due to an increase in self-diagnosed cases of lactose intolerance among consumers, sales of lactose-free goods have increased dramatically in Europe and the United States in recent years. Lactose-free products, on the other hand, are gaining popularity in Asia Pacific, where people are growing more worried about their health and investing in self-diagnosis, which is expected to help the lactose-free market's growth throughout the forecast period.

Key Benefits of the Report

  • This study presents the analytical depiction of the Lactose Free Products industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Lactose Free Products Marketshare.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the Lactose Free Products Marketgrowth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Lactose Free Products Marketanalysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Which are the leading players active in the Lactose Free Products Market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is Lactose Free Products Market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the Lactose Free Products Market?

Key Market Segments

Segments Sub-segments
Type
  • Milk, Cheese
  • Yogurt
  • Ice-cream
  • Confectionery products
Form
  • Lactose-free
  • No added sugar/ Reduced sugar claims
  • Reduced lactose
Category
  • Organic
  • Inorganic
Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
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