Lactose-free dairy market to reach US$23.1 billion by 2032

Global Lactose-Free Dairy Market, 2021-2022 and Forecast to 2032: Rising Demand for Healthier Dairy Alternatives, Growing Lactose Intolerant Population, Increasing Consumer Purchasing Power.

NEWARK, Del., May 2, 2022 /PRNewswire/the global lactose-free dairy market is expected to grow at a CAGR of 5.5% and is expected to reach a valuation of around $23.1 billion by 2032.

Lactose intolerance is a common and debilitating disease that affects approximately 75% of people worldwide. As a result, consumers avoid dairy products because lactose is difficult for them to digest. Lactose intolerance currently affects more than 40 million Americans, or about one-third of the population, in varying degrees of severity.

It is particularly common in people with East Asia, affecting more than 90% of adults in some of these populations. As a result, lactose-free dairy products have a great growth opportunity in the global market.

Various studies have however shown that a lactose intolerant consumer can easily ingest a small number of dairy products because their lactose content is relatively low. Nevertheless, the introduction of lactose-free dairy products in the market has given lactose-intolerant consumers the opportunity to consume dairy-based foods in the desired amount.

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Key insights from market research

  • The market is segmented on the basis of product type, in which lactose-free milk is expected to account for a major share of the market share during the forecast period
  • The North American lactose-free dairy market is expected to witness a lucrative growth rate of 5.8% during the forecast period.
  • Organic lactose-free dairy products are expected to hold a market share of over 40% over the forecast period
  • Lactose-free dairy products are also segmented on the basis of form, with liquid form expected to account for a major portion of the market share during the forecast period.

Leading companies profiled in the Lactose Free Dairy Products Market are:

  • Green Valley Creamery
  • McNeil Nutritionals
  • Valio International
  • Alpro
  • Arla Amba Foods
  • Cabot Creamery Corporation
  • Saputo dairy products
  • The Danone company
  • Smith Dairy Products
  • Hiland Dairy Products

“Lactose-free dairy products are facing fierce competition from other plant-based food products, which has slowed the growth potential of the market,” says an analyst from Future Market Insights.

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Competitive landscape

Leading lactose-free dairy manufacturers favor creating new products to provide customers with a wide range of options, while less-adopted tactics included expanding into new regions and improving knowledge about dairy-free products. lactose:

  • In 2020, Valio, a Finnish dairy and food company, and Palmer Holland collaborated to distribute lactose-free milk powders. This was a critical step in introducing new value-added dairy components to the US market for both parties.
  • Danone launched a line of lactose-free foods in Spainnamed Activia, with a few varieties to capitalize on the country’s lactose-free population

Lactose-Free Dairy Products Market by Category

By Product Type, the Lactose-Free Dairy Products Market is segmented as follows:

  • Milk
  • Condensed milk
  • Powdered milk
  • Yogurt
  • Ice
  • Cheese
  • Others products

By form, The Lactose Free Dairy Products Market is segmented as follows:

By nature, The Lactose Free Dairy Products Market is segmented as follows:

By sales channel, The Lactose Free Dairy Products Market is segmented as follows:

  • Offline sales channel
    • Supermarkets/Hypermarkets
    • Departmental stores
    • Grocery store
    • Other sales channel
  • Online sales channel
    • Company Website
    • E-commerce platform

By region, The Lactose Free Dairy Products Market is segmented as follows:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • the Middle East and Africa

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Explore more valuable insights

Future Market Insights, in its new report, offers an unbiased analysis of the global lactose-free dairy market, presenting historical data (2017-2021) and estimation statistics for the forecast period 2022-2032.

The study offers compelling information based on product type (milk, condensed milk, powdered milk, yogurt, ice cream, cheese and other products), form (liquid, semi-solid and powder), nature ( organic and conventional), the sales channel (offline sales channel (supermarkets/hypermarkets, department stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)) , in seven major regions of the world.

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About Future Market Insights (IMF)

Future Market Outlook (ESOMAR-certified research organization and member of Greater New York Chamber of Commerce) provides detailed insights into the driving factors that increase the demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.

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About Thomas B. Countryman

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