Press release
Lactose Intolerance Market Growth, Trends, and Forecast 2025 | Top key players - DSM, Kshipra Biotech Private Limited, Intoleran.
The Global Lactose Intolerance Market reached US$ 21.6 billion in 2022 and is expected to reach US$ 28.3 billion by 2030, growing with a CAGR of 7.1% during the forecast period 2024-2031.Lactose Intolerance Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.
The Lactose Intolerance Market revolves around products and solutions designed for individuals who have difficulty digesting lactose, a sugar found in dairy products. This condition leads to symptoms like bloating, gas, and diarrhea. The market includes lactose-free foods, supplements, and medications, aiming to improve quality of life by offering alternatives and managing symptoms effectively for affected consumers.
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Market opportunities and Growth Drivers:
➠ Surge in Product Launches for Lactose Intolerance Treatment Driving Market Growth
➠ Rising Prevalence of Lactose Intolerance Contributes to Market Expansion
➠ High Cost of Lactose-Free Products Hindering Market Growth
Lactose Intolerance Market Recent Development:
In June 2022, Provilac, one of India's fastest-growing premium milk delivery companies, announced the launch of lactose-free cow milk. The angel-funded start-up, which currently boasts an annual turnover of 500 million, aims to significantly expand its milk supply. With this new product, Provilac plans to capture between 10% and 20% of the lactose-free milk market over the next two to three years.
In January 2022, Daiya, North America's leading dairy-free cheese brand and a pioneer in plant-based foods, partnered with Hyundai Green Food to meet the growing demand for plant-based meals in South Korea. As part of the collaboration, Hyundai Green Food will handle the marketing and sales of Daiya's premium range of plant-based products, which includes over 15 dairy-free items like cheeze blocks, shreds, slices, sticks, and cream cheese-style spreads.
List of the Key Players in the Lactose Intolerance Market:
DSM, Kshipra Biotech Private Limited, Intoleran, MACLEODS, Merck KGaA, Johnson & Johnson Services, Inc, NOW Foods, Procter & Gamble, Chr. Hansen Holding A/S, Biofermen Private Limited and among others.
Research Process:
Both primary and secondary data sources have been used in the global Lactose Intolerance Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Lactose Intolerance Market:
By Type: Primary, Secondary, Congenital, Developmental.
By Diagnosis: Hydrogen breath test, Glucose blood test, Stool acidity test.
By Distribution Channel: Online Companies Websites, Offline Stores.
Regional Analysis for Lactose Intolerance Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
People Also Ask:
Most Frequently Asked Questions in the Lactose Intolerance Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Lactose Intolerance market?
➠ Who are the top manufacturers in the global Lactose Intolerance industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Lactose Intolerance market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Lactose Intolerance market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Lactose Intolerance industry landscape?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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