Lactose-Free Products Market to see Rapid Growth by 2029
The global lactose-free products market is anticipated to grow at a CAGR of 6.8% during the forecast period. Milk and other dairy products are the top sources of saturated fat in the diet contributing to heart disease, type 2 diabetes, and Alzheimer's disease. Additionally, the high consumption of dairy products leads to an increased risk of breast, ovarian, and prostate cancers. Thus, the consumers avoid and replaced the use of dairy products with a plant-based diet to mitigate the dangers of dairy products. Such factors are accelerating market growth during the forecast period. According to a study conducted by the National Institute of Health (NIH), around 10,000 women who consume low-fat diets have a 23% lower risk for breast cancer recurrence. They also have a 17% lower risk of dying from the disease. Moreover, according to the National Cancer Institute, the diets of women diagnosed with breast cancer to those without breast cancer found that those who consumed the most American, cheddar, and cream cheeses had a 53% higher risk for breast cancer.The regular consumption of dairy products leads to prostate cancer. According to the NIH, a high intake of dairy products including whole and low-fat milk increase the risk for prostate cancer. The men who consumed three or more servings of dairy products a day possess a 141% higher risk for death due to prostate cancer compared to those who consumed less than one serving. Moreover, the men who follow a vegan diet had 35% fewer chances of prostate cancer.
The companies are launching new products to serve the customer demand during the forecast period. for instance, in August 2021, Good Culture, the B-corp-certified, clean-label cultured foods brand credited with revolutionizing cottage cheese to deliver disruptive innovation with the debut of four new products, including its first-ever lactose-free line and a squeezable, classic sour cream pouch. The four new products are made with simple ingredients, including gut-friendly live and active cultures as well as pasture-raised milk sourced from small family farms in the Midwest.
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Market Coverage
The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029
Segment Covered-
By Type
By Category
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Abbott Laboratories, Amway Corp., Bayer AG, DuPont de Nemours, Inc., General Mills, Inc., and others.
A full Report of Lactose-Free Products Market is Available @ https://www.omrglobal.com/industry-reports/lactose-free-products-market
Lactose-Free Products Market Report Segment
By Type
Milk
Yogurt
Butter
Cheese
Ice-Cream
Others
By Category
Organic
Inorganic
By Distribution Channel
Online
Offline
Lactose-Free Products Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Abbott Laboratories
Agri-Mark, Inc.
Amway Corp.
Bayer AG
Dairy Farmers of America, Inc.
Danone S.A.
Drums Food International Private Ltd.
DuPont de Nemours, Inc.
General Mills, Inc.
Granlatte Soc. Coop. Agricola Srl
Gujarat Cooperative Milk Marketing Federation Ltd.
Johnson & Johnson Services, Inc.
Koninklijke DSM N.V.
Lifeway Foods, Inc.
Medifast Inc.
MEGGLE Group Gmbh
Nestle S.A.
NOW Health Group, Inc.
Organic Valley
Prairie Farms Dairy, Inc.
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