Lactose-Free Food Market 2019-2026| Global Business Strategies and Opportunities Key Players Analysis: Kerry Group (Ireland), McNeil Nutritionals, Cargill Inc. (U.S.), Parmalat, Valio, GO veggie, WhiteWave Foods

the Global Lactose-Free Food market is accounted to grow at a CAGR of 7.2% during the forecast period. Some of the key factors influencing the market growth are increasing awareness & availability of lactose-free food products, and the rising number of lactose intolerance patients. However, the high price of lactose-free products and stiff competition from dairy alternatives such as cereals and nuts are hindering the market growth.

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Lactose is a natural sugar found in milk and milk products, which is made up of glucose and galactose. The main motto for the production of lactose-free food products is to provide complete nutritional benefits for lactose intolerant people by preparing the products with no to minor amounts of lactose. These products help people with poor digestion levels.

Based on application, the dairy products segment is expected to have a significant market growth during the predicted period due to the rise in self-diagnosed cases of lactose intolerance.

By geography, Europe is estimated to hold a significant market throughout the forecast period. The growth is attributed to various factors. One of the important factors for the rising growth of lactose-free foods is the growing lactose intolerance among consumers. Moreover, consumers in European countries are opting for a vegan diet, which is expected to stimulate the growth of the market during the forecast period.

Some of the key players in the Lactose-Free Food market include Kerry Group (Ireland), McNeil Nutritionals, Cargill Inc. (U.S.), Parmalat, Valio, GO veggie, WhiteWave Foods, Arla Foods, Barry Callebaut, Daiya Foods, General Mills, Fonterra Co-operative Group, Dean Foods, OMIRA Oberland-Milchverwertung (OMIRA), and Agropur Cooperative (Canada).

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Market Segments
Products Covered:
• Bread
• Desserts
• Fats
• Milk
• Soups and Sauces
• Other Products

Types Covered:
• Lactose Reduced Products
• Lactose-Free Products

Sources Covered:
• Rice
• Almonds
• Soy
• Hemp Milk
• Coconut

Technologies Covered:
• Chromatographic Separation
• Acid Hydrolysis
• Membrane Reactor

Age Groups Covered:
• Senior Citizens
• Adults
• Children

Applications Covered:
• Non Dairy Products
• Dairy Products
• Other Applications

End Users Covered:
• Restaurants
• Online Retailers
• Grocery
• Department Stores

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This release was published on openPR.