Press release
Lactose-Free Infant Formula Market Size - Forecasts to 2026
As per the research conducted by GME, the Global Lactose-Free Infant Formula Market will grow with a CAGR value of 11.1%, by 2026. The market drivers which contribute to the Lactose-Free Infant Formula market include the rising population of lactose intolerant newborns, as well as an increase in the number of working women, also it has been noted that the number of newborns who are unable to digest sugar is increasing and rising need for replacement.Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Lactose-Free Infant Formula Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-lactose-free-infant-formula-market-3048
By Product (Organic, Conventional), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis, By Region (North America, Europe, Asia Pacific, MEA, and CSA), End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• Lactose-free baby formula is made for babies who are unable to produce an enzyme that aids in the digestion of lactose due to a genetic defect.
• As per a World Health Organization study, breastfeeding offers the most nutritional benefits to infants.
• Based on consumer analysis, the market for Organic segment will be growing the fastest.
• Lactose-free infant formulas are made mostly from cow's milk that has had the lactose extracted.
• Conventional baby formula is both inexpensive and effective in reducing diarrhea in infants. These drugs are less expensive than organic products.
• The segment's revenues have risen as a result of increased promotional and advertising campaigns.
• One of the key factors for the growth in the online sector is the increasing adoption of e-commerce or digital.
• Individuals' disposable income is growing, particularly in developing economies, and the number of lactose-intolerant infants is increasing in Latin America, boosting the market's development.
• Nestlé, Valio Oy, GIMME THE GOOD STUFF, Apta Advice, Nurture, Inc., Nutricia, Abbott, Silverson, Danone, and Hero, among others are the top players in the lactose-free infant formula market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-lactose-free-infant-formula-market-3048
Product Outlook (Revenue, USD Billion, 2021-2026)
• Organic
• Conventional
Distribution channel Outlook (Revenue, USD Billion, 2021-2026)
• Supermarkets & Hypermarkets
• Convenience Stores
• Online
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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