Lactose-Free Products Market by Type (Milk, Cheese, Yogurt, Ice-cream, Confectionery products), Form (Lactose-free, No added sugar/ Reduced sugar claims, Reduced lactose), Category (Organic, Inorganic), and Region – Global Forecast to 2025

2020-06-25
Price :
Published : Jun-2020
No. of Pages : 205

 “The lactose-free products market is projected to grow at a CAGR of 8.7% during the forecast period.”

According to MarketsandMarkets, the lactose-free products market is estimated to be valued at USD 12.1 billion in 2020and is projected to reach USD 18.4 billion 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 and the growing demand for reduced added sugar or no added sugar products are projected to drive the growth of the lactose-free products industry during the forecast period. However, the growth of the lactose-free products market is inhibited by factors, such as high cost of lactose-free products and stiff competition from plant-based alternatives.

“By type, the milk segment is projected to hold the largest share in 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.

“The Asia Pacific region is 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.

The lactose-free products market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, South America, and RoW (Africa and the Middle East)

Break-up of Primaries

  • By Value Chain: Supply side – 66% and Demandside – 34%
  • By Designation: CXOs- 33.2%,Managers–44.5%, and Executives–22.3%
  • By Region: Asia Pacific – 35%, North America- 25%,Europe – 20%,South America – 10%,and Middle East & Africa- 10%

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)
  • Dean Foods (US)
  • Shamrock Foods (US)
  • Saputo Inc (US)
  • Prairie Farms Dairy (US)
  • Agri-Mark, Inc. (US)
  • SmithFoods, Inc. (US)
  • GranlatteSocietaCooperativa Agricola ARL (Italy)
  • Meggle (Germany)
  • Drums Food International Pvt Ltd (India)

Research Coverage

This report segments the lactose-free products market on the basis of type, 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 products market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

Reasons to buy this report

  • To get a comprehensive overview of the lactose-free products market
  • To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
  • To gain insights about the major countries/regions, in which the lactose-free products market is flourishing
Filed in: Food & Beverage
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Seed Market by Type (Genetically Modified and Conventional), Trait (Herbicide Tolerance and Insect Resistance), Crop Type (Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables), and Region – Global Forecast to 2025

The increasing need for food & feed supports the growth of the seeds market. The global seed market size is estimated to be valued at USD 59.3 billion in 2020 and is projected to reach USD 80.9 billion by 2025, recording a CAGR of 6.4%. Factors such as increasing utilization of cereals & grains in the feed, food, and biofuels industry alongside growing technological advancements such as the adoption of hybridization and genetically modified seeds are propelling the growth of the seeds industry. The recent COVID-19 pandemic is expected to impact the global seeds industry.Many countries have adopted several emergency measures to adapt to the COVID-19 crisis. These measures range from closing borders and public institutions, as well as isolating homes, communities, and the total......
$4950

Japan Soups – Market Assessment and Forecasts to 2024

Japan Soups - Market Assessment and Forecasts to 2024 Summary The Japanese soup sector was led by the dried soups (mixes) category in both the value and volume terms in 2019, while frozen soup category is forecast to register fastest value and volume growth during 2019-2024. Hypermarkets & supermarkets was the leading channel for distribution of soups in the country. Flexible packaging is the most commonly used pack material in the Japanese soups sector. It was followed by rigid metal and rigid plastics. Unilever, Pokka Corporation, and Campbells Soup Company are the leading players in the industry. This report on the Soups sector in Japan provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data a......
$875

United States Soups – Market Assessment and Forecasts to 2024

United States Soups - Market Assessment and Forecasts to 2024 Summary The US soups sector is led by the ambient soup category in the both value and volume terms in 2019, while frozen soup category is expected to register the fastest value and volume growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for distribution of soups in the country. Rigid metal is the most commonly used pack material in Italian soups sector. Older consumers (55+ years) accounted for the highest consumption of soups in the country. Campbells Soup Company, General Mills, Inc., and Hormel Foods Corporation are the leading players in the sector. This report on the Soups sector in US provides insights on high growth markets to target, trends in the usage of packaging materials, types and clos......
$875

Plant-based Protein Market by Source (Soy, Wheat, and Pea), Type (Isolates, Concentrates, and Textured), Form (Dry and Liquid), Application (Food and Feed), and Region (North America, Europe, APAC, South America, RoW) – Global Forecast to 2025

“Innovations & Developments in plant-based protein augmenting the vegan trend, which in turn driving the market for plant-based protein.” The global plant-based protein market size is projected to grow from USD 10.3 billion in 2020 to USD 14.5 billion by 2025, in terms of value, recording a compound annual growth rate (CAGR) of 7.1% during the forecast period. Some of the major factors driving the growth of the plant-based protein market include growing demand in the food industry, increasing demand for pea-based protein, and the opportunity to expand in the high growth potential markets. “The food segment is projected to dominate the plant-based protein market throughout the forecast period.” The food segment is projected to dominate the plant-based protein market, by......
$4950

Chile Soups – Market Assessment and Forecasts to 2024

Chile Soups - Market Assessment and Forecasts to 2024 Summary The Chilean soup sector was led by the dried soups (mixes) category in both the value and volume terms in 2019, while frozen soup category is forecast to register fastest value growth during 2019-2024. Convenience stores was the leading channel for distribution of soups in the country. Flexible packaging is the most commonly used pack material in the Chilean soups sector. Kids & babies (0-15 years) accounted for the highest consumption of soup products in the country. Nestle SA, Good Food Sa, and Unilever are the leading players in the industry. This report on the Soups sector in Chile provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution......
$875

South Korea Soups – Market Assessment and Forecasts to 2024

South Korea Soups - Market Assessment and Forecasts to 2024 Summary The South Korean soups sector was led by dried soup (mixes) category in both value and volume terms in 2019. However, the frozen soup category is forecast to register fastest value and volume growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for distribution of soups products in the country. Flexible packaging was the most commonly used pack material in South Korea. Ottogi Co, Ltd, Ajinomoto Group and Daesang are the top three companies in the South Korean soups sector. This report on the Soups sector in the South Korea provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. ......
$875

India Soups – Market Assessment and Forecasts to 2024

India Soups - Market Assessment and Forecasts to 2024 Summary Indian soups sector is led by the dried soup (mixes) category in both the value and volume terms and the category is also expected to register the fastest value and volume growth during 2019-2024. Convenience stores is the leading channel for distribution of soups in the country. Flexible packaging is the most commonly used pack material in Indian soups sector. Unilever, Nestle SA and Capital Foods Limited are the leading players in the sector. This report on the Soups sector in India provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. What else is contained? - Sector data: Overall sector value and vo......
$875

Malaysia Soups – Market Assessment and Forecasts to 2024

Malaysia Soups - Market Assessment and Forecasts to 2024 Summary Malaysia soups sector is led by the ambient soup category in the value terms in 2019, while dried soup (mixes), is expected to register the fastest value growth during 2019-2024. Hypermarkets & supermarkets is the leading channel for distribution of soups in the country. Flexible packaging is the most commonly used pack material in Malaysian soups sector. Campbells Soup Company, The Kraft Heinz Co, and Nestle SA are the leading players in the sector. This report on the Soups sector in Malaysia provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. What else is contained? - Sector data: Overall sector ......
$875

South Africa Soups – Market Assessment and Forecasts to 2024

South Africa Soups - Market Assessment and Forecasts to 2024 Summary The South African soups sector is led by the dried soup (mixes) category in both value and volume terms in 2019. The frozen soup category is forecast to register the fastest value growth during 2019-2024. Hypermarkets & supermarkets is the leading channel in distribution of soups in the country. Unilever, Mars, Incorporated and Denny Mushrooms (Pty) Ltd are the leading companies in the South African soups sector. Flexible packaging is the most commonly used pack material in the sector. This report on the soups sector in South Africa provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. What else i......
$875

Spain Soups – Market Assessment and Forecasts to 2024

Spain Soups - Market Assessment and Forecasts to 2024 Summary The Spanish soups sector was led by the chilled soup category in both value and volume terms in 2019, while the frozen soup category is forecast to register fastest value and volume growth during 2019-2024. Hypermarkets & supermarkets was the leading channel for distribution of soups in the country. Flexible packaging was the commonly used pack material in the country. Gallina Blanca SA, Unilever and PepsiCo are the leading players in the industry. This report on the Soups sector in Spanish provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares. What else is contained? - Sector data: Overall sector value ......
$875
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy