Lactose-free products are prepared mainly by removing the sugar, lactose found in milk from them. Lactose may be intolerant to some people and cause bloating, intestinal gas, diarrhea, and nausea as side effects of lactose intolerance. Lactose intolerant people highly depend on lactose-0free products for their protein and mineral requirements. Lactose-free dairy products are easy to digest and are highly preferred by health-conscious individuals. The global lactose-free dairy products market is projected to grow with promising growth opportunities and reach high revenue figures in the forthcoming years, as per a thoroughly analyzed study by market Research Future (MRFR).
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Prominent Key Players
The Danone Company Inc. (France), DSM N.V. (Netherlands), Nestlé S.A. (Switzerland), Arla Foods (Denmark), McNeil Nutritionals, LLC (U.S.), Green Valley Creamery (U.S.), Alpro, Ltd. (U.K), Valio International (Lithuania), Saputo Inc. (U.S.), Cabot Creamery Cooperative, Inc. (U.S.) are the notable players in the global lactose-free dairy products market.
Segmentation Analysis
The global lactose-free dairy product market has been segmented based on type, category, packaging type, and distribution channel.
By type, the global lactose-free dairy products market has been segmented into milk, milk powder, yogurt, ice-cream, butter & cheese, whey, and others.
By category, the global Lactose-Free Dairy Products Market has been segmented into organic and conventional.
By packaging type, the global lactose-free dairy products market has been segmented into bottles, cartons, tubs, and others.
By distribution channel, the global lactose-free dairy products market has been segmented into store-based and non-store based.
Regional Analysis
North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are the key markets for lactose-free dairy products. North America holds the maximum share of the global lactose-free dairy products market. Growing lactose-intolerant population in the region, especially in the US drives the growth of the North America market. APAC is poised to be the fastest growing market for lactose-free dairy products. Rising incidences of lactose intolerance coupled with greater availability of lactose-free products spur the growth of the market. Elevated levels of awareness and rise in disposable income in the region also support the growth of the market.
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Industry/ Innovation/ Related News:
In May 2018, DirectSens GmbH, an Austrian company, launched an enzymatic biosensor that is capable of fast, accurate measurement of lactose in milk and other dairy products. The equipment is beneficial especially for people with severe lactose intolerance.
In June 2018, Epigamia launched India's first all-natural, lactose-free artisanal Greek yogurt.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the automotive fastener market include Sundram Fasteners Limited, ITW, LISI Group, Shanghai Prime Machinery Company Limited, Bulten Ab, Stanley Black & Decker, SFS Group AG, Kamax, Meidoh Co. Ltd., Nipman Fasteners.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Automotive Fastener Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automotive-fastener-market/download-sampleMarket DynamicsRising production and sales of automotive worldwide drive the demand for automotive fasteners.
Mechanical advancements and enhancement in quality and sturdiness of fasteners and growing research on producing lightweight fasteners is another element anticipated to boost demand in the market.
Increasing purchasing power, stringent vehicle emission & expiration norms, and the growing launch of new models propel the demand for more fasteners.
The global automotive fasteners market is facing a downturn in recent years due to the increased use of adhesives in place of fasteners to reduce overall vehicle weight.
Market Research Future (MRFR), in its latest report on the global automotive fasteners market 2020, reveals different aspects of the market and potential forces that can impact the market dynamics.
The influence of COVID 19 outbreak on the market is also revealed in the report.
The global automotive fasteners market is expected to rise at a CAGR of 4.5% over the forecast period.Automotive fasteners are components used in assembling a vehicle in the production line.
The choice of the right fasteners and emphasis on safety are likely to trigger its demand among automotive manufacturers.Market ScopeThe surge in vehicle production, focus to lightweight vehicles, and use of infotainment systems, telematics, and ignition can induce the need for fasteners.
Resistance to corrosion, salt, and climatic conditions are likely features enticing its use in commercial and passenger vehicles.Competitive Outlook Atotech, Westfield Fasteners Limited, Bulten AB, Jiangsu Xing Chang Jiang International Co., Ltd., Permanent Technologies Inc., The Phillips Screw Company, Shamrock International, Shanghai Tianbao Fastener Manufacturing Co., Ltd., Nifco Inc., and KOVA Fasteners Pvt Ltd are key players of the global automotive fasteners market.
The high competition among players has led to them innovating in fasteners to attain a larger share of the automotive fasteners market share till 2023.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6399Segmentation By of type, the market has been divided into threaded and non-threaded.
