Press release
Global Lactose-free Products Market Report, Size, Share, Growth, Analysis, Price and Forecast 2024-2032
According to the report by Expert Market Research (EMR), the global lactose-free products market size is projected to grow at a CAGR of 8.6% between 2024 and 2032. Aided by the rise in lactose intolerance and the increasing demand for dairy alternatives, the market is expected to grow significantly by 2032.
Lactose-free products are formulated for individuals who are lactose intolerant, meaning their bodies cannot digest lactose, a sugar present in milk and milk-based products. Consuming milk products can cause symptoms such as bloating, diarrhoea, and stomach cramps among those affected. Thus, lactose-free products provide an alternative, offering all the richness and nutritional benefits of dairy without the accompanying lactose. Common lactose-free offerings include milk, cheese, yoghurt, and ice cream, among others.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/lactose-free-products-market/requestsample
A pivotal driver for the global lactose-free products market growth is the rising prevalence of lactose intolerance across the globe. Recent studies have showcased a significant proportion of the global population displaying varying levels of lactose intolerance, with certain ethnicities and regions showcasing higher susceptibility. This has led to a discernible shift in consumer preferences towards lactose-free alternatives.
Simultaneously, health-conscious consumers are increasingly seeking out lactose-free products, not just due to intolerance but also for perceived health benefits. These products often offer a smoother digestive experience and are seen as being less inflammatory than their lactose-containing counterparts, further increasing the lactose-free products market demand.
As the food and beverage sector continues to innovate, the diversity in lactose-free product offerings has expanded dramatically. Lactose-free cheeses, yoghurts, and even desserts have gained significant traction. Such product diversification not only satisfies the lactose intolerant community but also caters to vegans and individuals opting for plant-based diets, making lactose-free products an intersection of multiple dietary preferences.
As per the lactose-free products market analysis, the pharmaceutical sector is also showing interest in lactose-free products which is invigorating the market growth. Lactose is often used as a filler in a variety of medications. With the rise of lactose-free awareness, there's an increasing demand for medications that are devoid of lactose, especially among lactose-intolerant patients who require long-term medication.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/lactose-free-products-market
Lactose-free Products Market Segmentation
The market can be divided based on source, product type, distribution channel, and region.
Market Breakup by Source
Organic
Conventional
Market Breakup by Product Type
Lactose-Free Dairy
Lactose-Free Bakery
Lactose-Free Confectionery
Lactose-Free Infant Formula
Others
Market Breakup by Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Lactose-free Products Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global lactose-free products companies. Some of the major key players explored in the report by Expert Market Research are as follows:
Nestlé S.A.
Cargill, Incorporated
Green Valley Creamery
Valio Ltd
Arla Foods amba
Gujarat Cooperative Milk Marketing Federation Ltd.
HP Hood LLC.
Others
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