Lactose Free Food Market Share, Growth Analysis And Revenue Forecast 2024 To 2033

The lactose free food market size has grown rapidly in recent years. It will grow from $16.51 billion in 2023 to $18.71 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to rising lactose intolerance awareness, growing health consciousness, increasing prevalence of lactose intolerance, diverse product offerings, globalization of dietary preferences.

The lactose free food market size is expected to see rapid growth in the next few years. It will grow to $29.11 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to continued health and wellness trends, innovation in product formulations, rising demand for plant-based alternatives, e-commerce expansion, customized nutrition solutions, collaborations and partnerships. Major trends in the forecast period include development of diagnostic technologies, expanding product offerings in the snack and convenience sector, technological advancements in lactase production, innovation in dairy-free product formulations, health and wellness trends driving market growth.

Market Overview -
Lactose is a sugar found in milk and food with ingredients including milk and whey. Lactose-free food is used as an alternative to dairy-free food items. Lactose-free dairy products contain an enzyme called lactase that helps in breaking down milk sugar galactose to avoid stomach problems such as abdominal cramping, gas, diarrhea, and bloating in people with lactose intolerance.

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Rising Prevalence Of Lactose Intolerance Spurs Demand For Lactose-Free Food Market
An increasing number of people with lactose intolerance are expected to contribute to the higher demand for lactose-free food products. Lactose intolerance is a digestive syndrome caused by the inability to digest lactose, a carbohydrate found in dairy products. According to the National Library of Medicine, approximately 65% to 90% of adults are affected by lactose intolerance. Moreover, in Europe, 5% to 15% of the population is lactose intolerant. Therefore, an increasing number of people with lactose intolerance is anticipated to drive the demand for lactose-free food over the forecast period.

Competitive Landscape -
Major companies operating in the lactose free food market report are Cargill Inc., Nestlé SA, Groupe Lactalis SA, Danone SA, General Mills Inc., Land O Lakes Inc., Arla Foods Ltd., Fonterra Co-operative Group Limited, Kerry Group plc, Emmi AG, WhiteWave Foods, Barry Callebaut AG, HP Hood LLC, Valio Ltd., TINE SA, Organic Valley Family of Farms., Boulder Brands Inc., Amy's Kitchen Inc., Freedom Foods Group Limited, Daiya Foods Inc., Murray Goulburn Co-Operative Co. Ltd, Edlong Dairy Technologies, OMIRA Oberland-Milchverwertung GmbH, Galaxy Nutritional Foods Inc., Green Valley Organics Foods Ltd., McNeil Nutritionals LLC, Parmalat SpA, Alpro Products Ltd., Hansen's Teknisk-Kemiske Laboratorium, Dean Foods Co.

Innovative Product Launches Drive Growth In The Lactose-Free Food Market
The launch of new lactose-free products is a leading trend contributing to the market's expansion. In June 2022, Provilac, an India-based premium milk home delivery company, announced the launch of free-cow milk for those with a sensitive digestive system. Provilac's lactose-free milk is produced by adding "Lactase", a catalytic enzyme that breakdown lactose into glucose without jeopardizing the integrity of the milk. This scenario of new product developments is likely to surge the revenues for lactose-free food market over the forecast period.

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Key Segments -

The lactose free food market covered in this report is segmented -

1) By Type: Lactose-Free Products, Lactose-Reduced Products
2) By Technology: Chromatographic Separation, Acid Hydrolysis, Membrane Reactor
3) By Distribution Channel: Supermarkets/Hypermarkets, Online Stores, Other Distribution Channels
4) By Application: Milk, Cheese, Yogurt, Ice-Cream, Non-Diary Products, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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