Press release
Lactose-Free Dairy Market Share, Demand, Outlook, Opportunities and Market Forecast 2023-2030
Lactose-Free Dairy Market OverviewThe global market for lactose-free dairy products has expanded and changed significantly in recent years, reflecting changes in consumer preferences and a growing focus on wellness and health. Due to the fact that more and more consumers are exhibiting symptoms of lactose intolerance, a number of important variables are propelling this market's growth.
Large market leaders have invested much in marketing campaigns and educational programs to raise awareness of lactose intolerance and highlight the benefits of their lactose-free dairy products. Due to these initiatives, consumer awareness has increased and demand has followed. Dairy products without lactose can now be found easily in supermarkets and general grocery stores, giving consumers widespread access to them.
Lactose-Free Dairy Market Size and Growth Analysis
The Global Lactose-Free Dairy Market reached US$ 11.9 billion in 2022 and is expected to reach US$ 20.7 billion by 2030, growing with a CAGR of 7.2% during the forecast period 2023-2030.
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Lactose-Free Dairy Market Dynamics
As awareness increases, people are actively searching for dairy product substitutes. In a culture that prioritizes health and wellbeing, many customers are searching for dietary solutions that support their health goals. Lactose-free dairy products provide an alternative for individuals who experience issues such as diarrhea following consumption of regular dairy products.
In addition to lactose intolerance, some people suffer allergies or sensitivity to dairy products. Lactose-free goods are milk alternatives that are less likely to trigger allergic reactions. The producers are working hard to increase the number of lactose-free goods they provide. This covers non-dairy alternatives as well as lactose-free versions of popular dairy-based foods like ice cream, yogurt, cheese, and milk.
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Lactose-Free Dairy Market Segment Analysis
By Product
By Form
By Functionality
By Distribution Channel
By Region
Major Companies Covered
Danone S.A., Lactalis, The Kraft Heinz Company, Valio Ltd., Green Valley Creamery, Arla Foods, Dean Foods, Daiya Foods, Califia Farms
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