Global Lactose-Free Dairy Products Market
The GMI Research speculates that the Lactose-Free Dairy Products Market will capture a notable growth over the forecast period. This is because they provide adequate nutritional content, growing health awareness, and raise the acquisition of lactose-free dairy products.
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Introduction of the Lactose-Free Dairy Products Market
Lactose-free dairy products refer to the products with less amount of lactose and are majorly consumed by individuals with lactose intolerance problems. These products offer all the vital nutrients such as calcium, vitamin A, vitamin D, and protein present in normal dairy products. The extensive range of products accessible in the market is condensed milk, butter/cheese, milk, milk powder, ice cream, yogurt, desserts, and other milk products.
Key Players of Market:
- Shamrock Foods Company
- Cargill, Incorporated
- Valio International
- Arla Foods
- The Danone Company Inc.
- Dean Foods
- Murray Goulburn Co-Operative
- Kerry Group
- Nestle S.A.
- Fonterra Co-Operative Group Limited
Lactose-Free Dairy Products Market Dynamics
Expansion in the global lactose-free dairy products market is mainly attributed to the remarkable switch in the consumer's preference towards natural food and drinks, mounting population, and the increasing emphasis on health and wellness. Further, the aggravating consciousness about unscrupulous and spurious ingredients used in several food and beverages has persuaded them to choose these products. This is thereby complementing the market growth. Additionally, the accelerating per capita income has raised the demand for superior food products, further strengthening the global lactose-free dairy market.
Besides this, the accelerating population rate and the drift towards the adoption of modern lifestyles have indirectly fuelled market growth. Moreover, the sudden crisis of coronavirus has positively influenced the market growth. The robust demand for lactose-free dairy items and the shift from meat to dairy-based products is bolstering the market growth. However, the easy accessibility of alternatives of lactose-free dairy products like cereals and nuts is hampering the lactose-free dairy market opportunities.
Product Type Segment Drivers
Based on the product type, yogurt is contemplated to seize the most significant share over the forecast period. The convenient accessibility of an extensive range of flavored yogurt, as well as creamy and low-fat features, is paving the way for market growth. Yogurt is accounted as a remarkable source of protein and consists of easily digestible live bacteria. In addition to this, global lactose-free dairy market research report states that the transpiring tendency of adding flavored yogurt in different dishes for appetizing taste, aroma, and flavor will boost the market demand.
Distribution Channel Segment Drivers
Based on the distribution channel, Hypermarket/Supermarket is expected to grow at a faster CAGR over the forecast period. This is because of the increasing urbanization and the busy lifestyle of the consumers. In addition, as per the lactose-free dairy market opportunities the stores offer a broad range of product portfolios with excessive nutritional values is persuading the market share.
Lactose-Free Dairy Products Market Segmentation:
Segmentation by Nature
- Organic
- Conventional
Segmentation by Product Type
- Milk
- Condensed Milk
- Milk Powder
- Yogurt
- Ice Cream
- Desserts
- Butter/Cheese
- Others
Segmentation by Form
- Semi-solid
- Liquid
- Powder
Segmentation by Distribution Channel
- Supermarket/Hypermarket
- Online
- Specialty Stores
- Others
Segmentation by Region:
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
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Global Lactose-Free Dairy Products Market The GMI Research speculates that the Lactose-Free Dairy Products Market will capture a notable growth over the forecast period.
This is because they provide adequate nutritional content, growing health awareness, and raise the acquisition of lactose-free dairy products.Request a free sample of this reportIntroduction of the Lactose-Free Dairy Products Market Lactose-free dairy products refer to the products with less amount of lactose and are majorly consumed by individuals with lactose intolerance problems.
The extensive range of products accessible in the market is condensed milk, butter/cheese, milk, milk powder, ice cream, yogurt, desserts, and other milk products.
Key Players of Market:Shamrock Foods CompanyCargill, IncorporatedValio InternationalArla FoodsThe Danone Company Inc.Dean FoodsMurray Goulburn Co-OperativeKerry GroupNestle S.A.Fonterra Co-Operative Group LimitedLactose-Free Dairy Products Market DynamicsExpansion in the global lactose-free dairy products market is mainly attributed to the remarkable switch in the consumer's preference towards natural food and drinks, mounting population, and the increasing emphasis on health and wellness.
The convenient accessibility of an extensive range of flavored yogurt, as well as creamy and low-fat features, is paving the way for market growth.
Yogurt is accounted as a remarkable source of protein and consists of easily digestible live bacteria.
The global dairy industry is witnessing continual growth in terms of production and availability of diverse dairy products across all major regions.
According to the data in 2019, around 65-70% of the global population is expected to be lactose intolerant.Report Overview: https://bisresearch.com/industry-report/lactose-free-dairy-products-market.htmlMost of the consumers who face indigestion due to lactose intolerance go unnoticed and ignore the symptoms of the same.
Many dairy consumers have also stopped consumption of dairy products to avoid uneasiness.
These include milk (both white milk and flavored milk), yogurt, cheese, and milk powder, among others.
The most upcoming product categories under lactose-free dairy products include ice creams and dietary supplements.The increasing levels of lactose intolerance in the global population, urbanization, and disposable income have generated the need for consumption of suitable dairy products, such as the lactose-free dairy products.
The healthy living and lifestyle trends amongst the affluent urban population also contribute to the adoption of lactose-free dairy products as a symbol of status in the society.
Market HighlightsLactose intolerance is a major concern for the health and wellness of consumer which is majorly driving the growth of lactose-free dairy products market.
Lactose-free dairy products are produced from animal milk by removing the milk sugar lactose from them.
Few of the symptoms of lactose intolerance are bloating, intestinal gas, diarrhea, and nausea.
Lactose intolerant people are highly dependant on lactose-free products since they cannot digest usual diary products thereby missing on essential proteins and minerals.
Consumption of milk is essential for human body due to its functional ingredients such as calcium and vitamin d which make bones stronger as well as beneficial for the heart.
Manufacturers remove lactose from the milk, but the functional ingredients remain intact and this reason drives the market.
