Lactose-free Food Market Forecast and Segments, 2016-2024
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Major propellants of the global lactose-free food market include a surge in the incidence of lactose intolerance caused by the inability to digest milk sugar lactose among consumers. This is triggering the demand for lactose-free food globally. In addition, increasing cases of food allergies from products containing lactose is a major influence on this market. Easy digestibility and improved bioavailability of lactose-free food play an important role too, apart from the introduction of lactose-free ice cream. Stiff competition from dairy alternatives such as cereals and nuts, however, hinders this market, which is ascribed to a proliferation of consumers who prefer to avoid dairy products altogether as they are sensitive to not just milk sugar lactose, but also to dairy proteins. Emerging countries such as Mexico, Argentina, and India are anticipated to offer great opportunities in the future for the lactose-free food market.
Geographically, the global market is distributed over North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America, especially the U.S., held a prime share in the market in 2015 which is estimated to advance substantially over the forecast period. Lactose-free dairy and lactose-free ice cream are projected to be top performers in this country’s relatively mature market. The U.K. is conjectured to experience a sluggish growth rate owing to the added demand for dairy alternatives. Asia Pacific is likely to progress speedily on account of the awareness about the benefits of lactose-free products among consumers in this region.
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Key players of the global lactose-free food products market include McNeil Nutritionals, LLC, Cargill, Inc., Galaxy Nutritional Foods, Inc., Green Valley Organics, Edlong Dairy Technologies, and Crowley Foods in the U.S., Arla Foods in Denmark, OMIRA Oberland-Milchverwertung in Germany, Parmalat SpA in Italy, Valio Ltd. in Finland, Alpro in Belgium, Daiya Foods Inc. in Canada, Doves Farm Foods Ltd in the U.K., Fonterra Co-operative Group Limited in New Zealand, and Kerry Group in Ireland.
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