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Global Lactose-Free Market – Industry Trends and Forecast to 2030

Food & Beverage

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Global Lactose-Free Market – Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • Dec 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Lactose-Free Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 12.60 Billion
Diagram Market Size (Forecast Year) USD 32.31 Billion
Diagram CAGR %

Global Lactose-Free Market, By Type (Milk, Milk Powder, Yogurt, Ice-Cream, Butter and Cheese, Whey, Others), Category (Organic, Conventional), Packaging Type (Bottles, Cartons, Tubs, Others), Distribution Channel (Specialty Store, Supermarket/Hypermarket, Convenience Store, E-Retailers) - Industry Trends and Forecast to 2030.

Lactose-Free Market

Lactose-Free Market Analysis and Size

The growing lactose-intolerant population is driving the growth of the lactose-free market. Due to the expulsion of sugar, lactose-free dairy items have a lower calorie profile; this is driving the interest for lactose-free items among health-conscious people, which is expected to cultivate the lactose-free products market demand.

Data Bridge Market Research analyzes that the lactose-free market was valued at USD 12.6 billion and is expected to reach the value of USD 32.31 billion by 2030, at a CAGR of 12.45% during the forecast period of 2023-2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Milk, Milk Powder, Yogurt, Ice-Cream, Butter, Cheese, Whey and Others), Category (Organic, Conventional), Packaging Type (Bottles, Cartons, Tubs, Others), Distribution Channel (Specialty Store, Supermarket/Hypermarket, Convenience Store, E-Retailers)

Countries Covered

U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America

Market Players Covered

Bayer AG (Germany), Abbott (U.S.), DSM (Netherlands), DuPont. (U.S.), Amway (U.S.), The Nature's Bounty Co. (U.S.), GlaxoSmithKline plc. (U.K.), Nestlé (Switzerland) Mead Johnson & Company, LLC. (U.S.), Medifast, Inc. (U.S.), Premier Nutrition Corporation (U.S.), TOOTSI IMPEX Inc. (Canada), Health Food Manufacturers' Association (U.K.), NOW Foods (U.S.), Glanbia PLC (Ireland), Herbalife International of America, Inc. (U.S.), and Bionova (India)

Market Opportunities

  • Rising food allergy and disease cases
  • Increasing availability of a wide variety and quality of lactose free products
  • Growing penetration of e-commerce platforms, particularly in developing economies

Market Definition

The Lactose-free products are lactose-free food and beverages. Lactose-free products are commonly consumed by people who are lactose intolerant. Lactose is a type of sugar that is commonly found in milk and other dairy products. Lactose is not well broken down by some people, so lactose-free products are ideal for them.

Global Lactose-Free Market Dynamics

Drivers

  • Rising prevalence of chronic lifestyle diseases and intolerance to animal protein

One of the key factors driving market growth is the rising prevalence of chronic lifestyle diseases and intolerance to lactose based food. Furthermore, the widespread adoption of vegan eating habits around the world is propelling market growth. With rising consumer awareness of animal health and the prevention of cruelty to animals in the food industry, there is a shift in global preference for plant-based food products. As a result, the market has a more positive outlook.

  • Rise in social media marketing

The development of novel products, such as plant-based milk, eggs, and meat, is stimulating growth. These products are high in essential nutrients and taste almost identical to their animal-derived counterparts. Other factors, such as extensive promotional activities by celebrities and athletes to encourage the consumption of vegetarian products in order to maintain a healthy lifestyle and the ease of product availability via proliferating online retail channels, are expected to drive the market even further.

Opportunity

  • Plant-based dairy alternatives

The demand for plant-based milk and dairy products made from sources like almond, soy, coconut, and oat is on the rise. These products are naturally lactose-free and appeal to both lactose-intolerant individuals and consumers looking for dairy-free options.

Restraint

  • Taste and texture challenge

Lactose-free products often face taste and texture challenges compared to their dairy counterparts. Overcoming these sensory issues while maintaining product quality can be a hurdle.

Challenge

  • Cost of production and limited product diversity

Producing lactose-free products can be more expensive due to the need for lactase enzymes and specialized processing. This cost may be passed on to consumers, potentially limiting market growth. The variety of lactose-free products may not be as extensive as traditional dairy options, which can limit consumer choices and market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In April 2020, Valio and Palmer Holland (US) entered into a joint venture to offer lactose-free powders in the US market
  • In January 2020, to meet the rapidly changing needs of buyers without lactose items, The Coca-Cola Company acquired the entire remaining stake in Fair-life LLC from its joint venture, Select Milk Producers

Global Lactose-Free Market Scope

The lactose-free market is segmented on the basis of type, category, packaging type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Milk
  • Milk Powder
  • Yogurt
  • Ice-Cream
  • Butter and Cheese
  • Whey
  • Others

Packaging Type

  • Bottles
  • Cartons
  • Tubs
  • Others

Category

  • Organic
  • Conventional

Distribution channel

  • Specialty Store
  • Supermarket/Hypermarket
  • Convenience Store
  • E-Retailers

 Global Lactose-Free Market Regional Analysis/Insights

The lactose-free market is analysed and market size insights and trends are provided by country, type, category, packaging type and distribution channel as referenced above.

The countries covered in the lactose-free market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.

North America is expected to dominate the lactose-free market during the forecast period due to rising R&D activities and rising demand for cream-based products and yoghurt.

Asia-Pacific is expected to witness significant growth during the forecast period, with the highest CAGR owing to the growth and expansion of the food and beverage industry, rising rates of lactose intolerance, an ever-increasing geriatric population base, and rising personal disposable income.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data  

Competitive Landscape and Global Lactose-Free Market analysis

The lactose-free market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to lactose-free market.

Some of the major players operating in the lactose-free market are:

  • Bayer AG (Germany)
  • Abbott (U.S.)
  • DSM (Netherlands)
  • DuPont. (U.S.)
  • Amway (U.S.)
  • The Nature's Bounty Co. (U.S.)
  • GlaxoSmithKline plc. (U.K.)
  • Nestlé SA (Switzerland)
  • Mead Johnson & Company, LLC. (U.S.)
  • Medifast, Inc. (U.S.)
  • Premier Nutrition Corporation (U.S.)
  • TOOTSI IMPEX Inc. (Canada)
  • Health Food Manufacturers' Association (U.K.)
  • NOW Foods (U.S.)
  • Glanbia PLC (Ireland)
  • Herbalife International of America, Inc. (U.S.)
  • Bionova (India)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Lactose-Free Market will be worth USD 32.31 billion in the forecast period by 2030
The Lactose-Free Market growth rate is 12.45% during the forecast period.
Rise in social media marketing, Rising prevalence of chronic lifestyle diseases, and intolerance to animal protein are the growth drivers of the Lactose-Free Market.
The type, category, packaging type, and distribution channel are the factors on which the Lactose-Free Market research is based.
Major companies in the Lactose-Free Market are Bayer AG (Germany), Abbott (U.S.), DSM (Netherlands), DuPont. (U.S.), Amway (U.S.), The Nature's Bounty Co. (U.S.), GlaxoSmithKline plc. (U.K.), Nestlé (Switzerland) Mead Johnson & Company, LLC. (U.S.), Medifast, Inc. (U.S.), Premier Nutrition Corporation (U.S.), TOOTSI IMPEX Inc. (Canada), Health Food Manufacturers' Association (U.K.), NOW Foods (U.S.), Glanbia PLC (Ireland), Herbalife International of America, Inc. (U.S.), and Bionova (India).
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