Press release
Lactose-Free Infant Formula Market 2024-2033 - Size, Growth & Key Trends
Lactose-Free Infant Formula Marke
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=6268&type=smp
According to The Business Research Company's, The lactose-free infant formula market size has grown rapidly in recent years. It will grow from $16.59 billion in 2023 to $18.53 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to medical recommendations and prescriptions, rise in cases of cow's milk protein allergy (cmpa), increased incidence of lactose intolerance in infants, parental concerns for digestive health, improved formulations and taste, demand for alternative dietary solutions.
The lactose-free infant formula market size is expected to see rapid growth in the next few years. It will grow to $28.35 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to growing global awareness of lactose intolerance, market expansion in emerging economies, rising adoption of specialty formulas, research advancements in infant nutrition, increasing healthcare accessibility. Major trends in the forecast period include development of hydrolyzed protein formulas, integration of probiotics for gut health, formulation of plant-based and non-dairy options, emphasis on organic and clean label formulas, supplementation with dha and ara for development.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/lactose-free-infant-formula-global-market-report
Market Drivers and Trends:
The rising incidences of lactose intolerance are expected to propel the growth of the lactose-free infant formula market. Lactose intolerance occurs when people cannot fully digest the lactose present in the milk leading to various health problems such as bloating, gas, and diarrhea. Lactose intolerant infants are required to take lactose-free infant formula to fulfill their nutrition requirements. For instance, in July 2022, according to reports from Encyclopædia Britannica Inc., a UK-based publishing company, lactose intolerance affected approximately 65% of the adult human population in 2022. Therefore, the rising incidence of lactose intolerance among infants is driving the lactose-free infant formula market.
Major companies operating in the lactose-free infant formula market are focusing on innovative products, such as plant-based infant formula to meet parents' desire for more plant-based foods for their babies. Plant-based infant formula is a type of baby formula that is made from non-animal sources, such as plants, grains, and seeds. For instance, in July 2022, Danone S.A., a France-based food company, launched a new baby formula called Dairy & Plants Blend, which is a mix of dairy and plant-based ingredients. It offers parents a plant-based option that is also nutritionally complete and easy to digest. This gives parents more choice in how they feed their babies. Moreover, it is easy to digest, contains 60% plant protein and 40% dairy protein, and is available in two stages.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Nestle S.A, Valio Ltd., Danone S.A, Abbott Laboratories, Silverson Machines Holdings Ltd., Gimme the Good Stuff, Mead Johnson & Company LLC, Gerber Product Co., HiPP International, Vermont Organics LLC, Perrigo Company plc, Earth's Best Inc., Nutricia Ltd., Dana Dairy Group, Nurture Inc., Kraft Heinz Company, Hain Celestial Group Inc., Honest Company Inc., Nature's One Inc., Ausnutria Dairy Corporation Ltd., Synutra International Inc., Beingmate Baby & Child Food Co. Ltd., Yili Industrial Group Company Limited, Feihe International Inc., Biostime International Holdings Limited, Wissun International Group Co. Ltd., Otsuka Holdings Co. Ltd., Morinaga Milk Industry Co. Ltd., Yakult Honsha Co. Ltd., FrieslandCampina NV
Lactose-Free Infant Formula Market 2024 Key Insights:
• The lactose-free infant formula market size is expected to see rapid growth in the next few years. It will grow to $28.35 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%.
• Rising Incidence Of Lactose Intolerance Fuels Growth In Lactose-Free Infant Formula Market
• Danone Introduces Innovative Dairy & Plants Blend Formula To Meet Parental Preferences For Plant-Based Infant Nutrition
• Western Europe was the largest region in the lactose-free infant formula market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=6268&type=smp
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lactose-Free Infant Formula Market 2024-2033 - Size, Growth & Key Trends here
News-ID: 3729952 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Lactose
Lactose-Free Infant Formula: Critical Driver Shaping the Rising Incidence Of Lac …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Lactose-Free Infant Formula Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for lactose-free infant formula has seen a swift expansion in the last few years. Its growth is projected to climb from $18.53 billion in 2024 to $20.7 billion in 2025, showcasing a compound annual growth rate…
Rising Incidence Of Lactose Intolerance Fuels Growth In Lactose-Free Infant Form …
The Lactose-Free Infant Formula Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Lactose-Free Infant Formula Market Size During the Forecast Period?
The market for lactose-free infant formula has expanded significantly in recent years. It is expected to increase from $18.53 billion in…
Primary Catalyst Driving Lactose-Free Infant Formula Market Evolution in 2025: R …
What combination of drivers is leading to accelerated growth in the lactose-free infant formula market?
The surge in lactose intolerance cases is expected to boost the lactose-free infant formula market. The inability to fully digest lactose in milk causes lactose intolerance, resulting in health issues such as bloating, gas, and diarrhea. Infants with lactose intolerance need lactose-free infant formula to meet their nutritional needs. For example, Encyclopædia Britannica Inc., a UK-based…
Primary Catalyst Driving Lactose-Free Infant Formula Market Evolution in 2025: R …
What combination of drivers is leading to accelerated growth in the lactose-free infant formula market?
The surge in lactose intolerance cases is expected to boost the lactose-free infant formula market. The inability to fully digest lactose in milk causes lactose intolerance, resulting in health issues such as bloating, gas, and diarrhea. Infants with lactose intolerance need lactose-free infant formula to meet their nutritional needs. For example, Encyclopædia Britannica Inc., a UK-based…
Key Trends Shaping the Future Lactose Market From 2025-2034: Strategic Collabora …
How Are the key drivers contributing to the expansion of the lactose market?
The lactose market is set to expand with the anticipated increase in dairy production. Dairy production, which involves the cultivation and processing of milk and related products from animals such as cows, goats, or sheep, causes an upsurge in the availability of raw milk and consequently, an increase in lactose as a byproduct. This surge in dairy production…
Lactose-Free Infant Formula Market: Rising Incidences of Lactose Intolerance and …
Market set to grow from $18.53 billion in 2024 to $31.39 billion in 2029 with CAGR of 11.0%
What Is The Projected Market Size Of The Global Lactose-Free Infant Formula Market And Its Growth Rate?
The lactose-free infant formula market is projected to show significant growth due to several key factors:
• The market size was $18.53 billion in 2024 and is expected to grow to $20.7 billion in 2025 at a compound…
