Lactose Free Food Market 2020 Analysis by Top Key Players - Arla Foods, McNeil Nutritionals, OMIRA Oberland-Milchverwertung (OMIRA), Parmalat, Valio, Alpro, Amy`s Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Daiya Foods

The Business Research Company offers "Lactose Free Food Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global lactose free food market is expected to grow from $11.7 billion in 2019 and to $11.96 billion in 2020 at a growth rate of 1.97%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $15.82 billion in 2023 at CAGR of 9.77%.

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The lactose-free food market consists of sales of lactose-free food and related services. Lactose is a sugar found in milk and food with ingredients including milk and whey. Lactose-free food is used as an alternative for dairy-free food items. Lactose-free dairy products contain an enzyme called lactase that helps in breaking down milk sugar galactose to avoid stomach problems such as abdominal cramping, gas, diarrhea, and bloating in people with lactose intolerance. Lactose-free food items include soya yogurts and cheeses, oat milk, rice milk, coconut-based yogurts and cheeses, carob bars, and food with "dairy-free" and "suitable for vegan" sings.

An increasing number of people with lactose intolerance are expected to contribute to the higher demand for lactose-free food products. Lactose intolerance is a digestive syndrome caused by the incapability to digest lactose; a carbohydrate found in dairy products. According to National Library of Medicine, an approximate of 65% to 90% of adults are affected by lactose intolerance. Moreover, in Europe, 5% to 15% of the population is lactose intolerant. Therefore, an increasing number of people with lactose intolerance is anticipated to propel the demand for lactose-free food over the forecast period.

Lactose-Free Food Market Segmentation: -
By Type
Lactose-Free Products
Lactose-Reduced Products

By Application
Milk
Cheese
Yogurt
Ice-Cream
Non-Diary Products
Others

By Distribution Channel
Supermarkets/Hypermarkets
Online Stores
Others

By Source
Rice
Almond
Soy
Hemp Milks
Coconut

By Technology
Chromatographic Separation
Acid Hydrolysis
Membrane Reactor

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Few Points From Table Of Content
1. Executive Summary
2. Lactose-Free Food Market Characteristics
3. Lactose-Free Food Market Size And Growth
4. Lactose-Free Food Market Segmentation
5. Lactose-Free Food Market Regional And Country Analysis
......
25. Lactose-Free Food Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Lactose-Free Food Market
27. Lactose-Free Food Market Trends And Strategies
28. Lactose-Free Food Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Lactose-Free Food Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Lactose-Free Food Market are Arla Foods, McNeil Nutritionals, OMIRA Oberland-Milchverwertung (OMIRA), Parmalat, Valio, Alpro, Amy`s Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Daiya Foods

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