Press release
Lactose Free Food Market Growth Statistics 2024 Competitive Landscape, Restraining Factors, Development Status and Growth by Forecast 2031 | Cargill, Inc., Galaxy Nutritional Foods
The lactose free food market is estimated to be valued at USD 18.73 Bn in 2024 and is expected to reach USD 36.68 Bn by 2031, growing at a compound annual growth rate (CAGR) of 10.1% from 2024 to 2031.Market Overview:
Lactose free foods are specially processed food items that contain little to no lactose. These include milk, cheese, yogurt and baked goods. They provide an alternative for people with lactose intolerance or milk allergy.
Market Dynamics:
The growth of the global lactose free food market is attributed to increasing consumer awareness about health benefits associated with lactose free diets. According to the report, nearly 65% of the global population has a reduced ability to digest lactose after infancy due to a low levels of lactase enzyme. Moreover, rising cases of milk intolerance are observed in Asian population due to genetic factors. This is driving greater demand for lactose free milk and other dairy products. The market is also witnessing growing popularity of lactose free ice cream, cheese and cream products due to introduction of new flavors and sensory properties allowing non-dairy replacements to mimic the taste and texture of their dairy counterparts. However, high costs associated with production of lactose free food products remains a challenge.
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Rising cases of lactose intolerance will drive the growth of the lactose free food market
Lactose intolerance is a highly common digestive disorder where the body is unable to digest lactose, a sugar found in dairy products due to the lack of the lactase enzyme. As per estimates, around 65% of the global population suffers from some degree of lactose malabsorption. Further, studies have found that as people get older, their ability to digest lactose decreases. As a result of these factors, the demand for lactose-free alternatives to regular dairy products is increasing exponentially. Leading food manufacturers are innovating their product portfolios to cater to this fast-growing consumer segment by introducing a wide array of lactose-free milk, cheese, ice cream and yogurt products. Advanced technologies enabling the complete removal of lactose without compromising on the taste and texture of dairy foods are also fueling the growth of this market.
Growing health consciousness will drive adoption of lactose free foods
In addition to lactose intolerance, many people are switching to lactose-free dairy owing to various other health reasons. For example, people suffering from digestive issues like irritable bowel syndrome (IBS) tend to experience relief from symptoms on switching to a lactose-free diet. With the rising health and wellness trends influencing food choices globally, consumers are actively looking to make their diets richer in easily digestible, nutritious foods like lactose-free products. Food companies emphasizing the protein-rich qualities and prebiotic benefits of lactose-free foods in their marketing campaigns is further boosting their popularity. The trend is most prominent among populations with higher disposable incomes who are willing to pay extra for dairy options tailored to their wellness needs.
Plant-based dairy alternatives emerging as a dominant trend
One clear trend gaining massive traction in the lactose-free domain is the rising preference for plant-based dairy alternatives over regular animal-based versions. While early players in this space relied mostly on niche customer segments, growing food allergies, flexitarian diets and environmental awareness have boosted the mainstream appeal of nut-, oat- and soy- based milk, cheese and yogurts. These products seamlessly check boxes for multiple consumer demands - being natural and organic, free from common allergens as well as lactose. Food giants have taken note and are heavily investing in this category through launch of varied portfolios showcasing the versatility of plant-based substitutes. With improved formulations achieving similar taste and texture to dairy, this trend indicates it has staying power to displace conventional sources in the global lactose-free marketplace.
Worldwide major and leading players within the market are:
★ Cargill Inc.
★ Galaxy Nutritional Foods Inc.
★ Green Valley Organics
★ Edlong Dairy Technologies
★ Parmalat SpA
★ Valio Ltd.
★ Alpro
★ OMIRA Oberland-Milchverwertung
★ Crowley Foods
★ Arla Foods.
★ Danone SA
★ General Mills Inc.
★ Fonterra Co-operative Group Limited
★ Kerry Group PLC
★ Emmi AG
★ WhiteWave Foods
★ Barry Callebaut AG
★ HP Hood LLC
★ Valio Ltd
★ Daiya Foods Inc
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Segmental Overview
Lactose Free Food Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.
The titled segments and sub-section of the Lactose Free Food market are illuminated below:
Global Lactose Free Food Market, By Product Type:
★ By Source: Coconut , Soy , Almond , and Others (Oats, Hemp)
★ By Product Type: Lactose-free Dairy , Lactose-free Bakery , Lactose-free Confectionery , and Lactose-free Infant Formula
★ By Distribution Channel: Supermarkets/Hypermarkets , Convenience Stores , and Online Retail
Regional Analysis for Lactose Free Food Market:
📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Highlights of the Report
Offers a comprehensive and holistic analysis of the Lactose Free Food Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Lactose Free Food market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Lactose Free Food market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:
➥ Which companies dominate the global Lactose Free Food market?
➥ What current trends will influence the Lactose Free Food market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Lactose Free Food market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?
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About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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