Press release
2021 Lactose Market: Global Industry Growth Factors, Trends, Demand Status And Forecast To 2030
Lactose Market
The countries covered in the global lactose market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global lactose market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The lactose market consists of sales of lactose products by entities (organization, sole-traders, and partnership) that consists of disaccharide of glucose and galactose units. Lactose is a sugar present in milk and is found in all kinds of dairy products made from milk such as ice cream and yogurt. It is found in milk in amounts ranging from 2-8%. Lactose is used in a large number of foodstuffs and in the pharmaceutical industry.
The global lactose market is expected to grow from $1.14 billion in 2020 to $1.20 billion in 2021 at a compound annual growth rate (CAGR) of 5.6%. The change in the growth trend of the lactose market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The lactose market is expected to reach $1.37 billion in 2025 at a CAGR of 3.3%.
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Global lactose market segmentation in TBRC’s report is:
1) By Form: Powder, Granule
2) By Purity: Crude Lactose, Edible Lactose, Refined-Edible Grade Lactose
3) By Color: Yellow, Pale-Yellow To White, White
4) By End-Use: Food And Beverages, Confectionery, Animal Feed, Pharmaceutical, Cosmetics, Others
Major players in the lactose market are Kerry Group, Saputo Inc., Lactalis Ingredients, Leprino Foods Company, Glanbia Plc, Lactose India Limited, Davisco Foods International Inc., DMK Deutsches Milchkontor GmbH, Molkerei MEGGLE Wasserburg GmbH & Co. KG, Royal FrieslandCampina, FrieslandCampina, Armor Proteines, Bayerische Milchindustrie eG, Milei GmbH, Fonterra Co-operative Group, and Agropur Cooperative.
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The Table of Contents includes:
1. Executive Summary
2. Lactose Market Characteristics
3. Lactose Market Trends And Strategies
4. Impact Of COVID-19 On Lactose
5. Lactose Market Size And Growth
....
26. Africa Lactose Market
27. Lactose Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Lactose Market
29. Lactose Market Future Outlook and Potential Analysis
30. Appendix
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