According to IMARC Group’s latest report, titled “Lactose Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global lactose powder market reached a volume of 865 Kilotons in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Lactose refers to the sugar found naturally in dairy products, namely milk and milk by-products. It is a major component of whey and helps in optimising milk calcium utilisation by boosting intestinal absorption and dairy protein assimilation. Lactose powder, obtained from milk, is a white, inert and water-soluble substance with a pH value of seven and sweet milky aroma. It consists of glucose, sugar and galactose molecules, and functions as a source of instant energy. In the food and beverage industry, lactose powder is added as a coating to prepared foods in order to prevent caking, and as a filler in baked goods including breads, cereals, cookies, pancakes, etc. It is also used in frozen and canned products, such as dehydrated potatoes, soups and meal-replacement supplements, to prevent discolouration.
Market Trends and Drivers:
The flourishing food and beverage industry currently represents the major growth-inducing factor for the lactose powder market. Further, lactose powder is employed as a coating or filler in over-the-counter drugs, such as throat lozenges, antacids and birth control pills. As the sales of these over-the-counter drugs are increasing, it is expected to catalyse the growth of the market across the globe. Additionally, the demand for lactose powder is expanding worldwide as it is a major source of carbohydrates used in the manufacturing of infant formula. Some of the other major factors stimulating the market growth are affordability, easy availability and low level of sweetness as compared to other sweeteners.
Lactose Powder Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the lactose powder market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Lactalis Group
- Nestle
- Fonterra
- Dairy Farmers of America
- Land O’Lakes
- Meggle Pharma
Key Market Segmentation:
The report has segmented the global lactose powder market on the basis of application and region.
Breakup by Application:
- Food Industry
- Diet and Sports Nutrition Industry
- Pharmaceutical Industry
- Others
Based on application, food industry represents the largest segment, accounting for the majority of the market share.
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
On a geographical front, North America is the leading region in the global lactose powder market due to the flourishing food and beverage industry in the region
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Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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According to IMARC Group's latest report, titled “Photo Printing and Merchandise Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global photo printing and merchandise market size reached US$ 15.30 Billion in 2020.
Looking forward, IMARC Group expects the market to grow at a CAGR of 8.40% during 2021-2026.As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
These observations will be integrated into the report.Request for a free sample copy of this report: https://www.imarcgroup.com/photo-printing-merchandise-market/requestsamplePhoto printing and merchandise refer to a variety of personalized gifting and decoration materials on which photographs are printed.
They are primarily produced by using the dye-sublimation procedure, in which the printed dye is incorporated with the polymer coating of the sublimation paper onto the object.
This procedure creates highly vibrant, durable, scratch-resistant, and long-lasting prints.Market Trends and Drivers:The rising utilization of smartphones and tablets to click and process high-resolution images in place of professional cameras offers enhanced flexibility and customization to photo editors, thereby catalyzing the photo printing and merchandise market growth.
Additionally, the growing inclination of millennials towards personalized gifting options has escalated the demand for photo printing and merchandise.
IMARC Group’s latest report, titled “Microdisplay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, finds that the global microdisplay market size reached a value of US$ 1.26 Billion in 2020.
Looking forward, IMARC Group expects the global microdisplay market to exhibit strong growth during 2021-2026.
Microdisplays refer to miniature displays with micro-level resolution and a diagonal screen size of less than two inches.
These displays incur lower manufacturing cost and power dissipation, create large images from a lightweight and small unit, and can even integrate drivers with display chip.
These observations will be integrated into the report.Request Free Sample Report: https://www.imarcgroup.com/microdisplay-market/requestsampleGlobal Microdisplay Market Trends:Microdisplays offer various advantages over direct-view displays such as CRTs and flat-panel LCDs.
Besides this, microdisplays are utilized in several industries ranging from military and defense to automotive, medical and education.
According to IMARC Group latest report titled” Mobile Device Management (MDM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market is currently witnessing strong growth.
The global Mobile Device Management (MDM) Market to continue its strong growth during the next five years.Market Trends and Drivers:Mobile device management (MDM) is a software-based application designed to help managers and administrators to control and secure mobile endpoints, such as laptops, smartphones, and tablets across the organization.
It is a key component of enterprise mobility management (EMM) that allows users to access official data and applications on personal devices.
As a result, it is extensively adopted across numerous industries, including retail, healthcare, BFSI, telecommunication, manufacturing, automotive, etc.Get a sample copy of this Report: https://www.imarcgroup.com/mobile-device-management-market/requestsampleThe increasing adoption of cloud-based services, along with rapid digitization across diverse industries, is primarily driving the market growth.
Moreover, the emerging trend of Bring-Your-Own-Devices (BYOD) enhances vulnerabilities to the company network and the risk of data breaches.
This, in turn, is increasing the focus of organizations on employing advanced systems, such as MDM, to secure their corporate data.
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