Overview and Scope
Lactose-free dairy refers to dairy products containing all the nutrients present in regular dairy except lactose. Lactose-free products are intended for those who have lactose intolerance, however, they are not usually suited for persons who have milk allergies or follow a vegan or dairy-free diet.
Sizing and Forecast
The lactose-free dairy market size has grown strongly in recent years. It will grow from $11.85 billion in 2023 to $12.87 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to health awareness, rise in lactose intolerance cases, product innovation, marketing and education campaigns, retail expansion..
The lactose-free dairy market size is expected to see strong growth in the next few years. It will grow to $17.86 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to increasing health awareness, continued rise in lactose intolerance, expanding product offerings, technological advancements in production, evolving taste and texture improvement. Major trends in the forecast period include health consciousness, rise in vegan and plant-based diets, product innovation, marketing and education, retail expansion.
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Segmentation & Regional Insights
The lactose-free dairy market covered in this report is segmented –
1) By Type: Milk, Cheese, Yogurt, Other Types
2) By Form: Solid, Liquid, Powder
3) By Distribution Channel: Hypermarkets Or Supermarkets, Convenience Stores, Online Channels, Other Distribution Channels
Europe was the largest region in the lactose-free dairy market in 2023. The regions covered in the lactose-free dairy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in consumption of organic food and beverages is expected to propel the growth of the lactose-free dairy market going forward. Organic foods are foods that are produced by organic farming methods without involving any chemicals or any other human-made chemicals. Lactose-free foods are harvested using organic methods and are therefore preferred by people who consume organic foods thus increase in the consumption of organic food and beverages is propelling the growth of the lactose-free dairy market. For instance, according to the Organic Trade Association, a US-based trade association of business selling and buying organic products, between 2020 and 2021, organic sales reached $63 billion with $1.2 billion (2%) year-on-year growth. Food sales reached $57.5 billion and grew by 2% over the previous year. As a result, the increasing consumption of organic food and beverages is driving the growth of the lactose-free dairy market.
Key Industry Players
Major companies operating in the lactose-free dairy market are innovating new lactase enzyme solutions to gain a competitive edge in the market. Lactase enzyme is a biological catalyst that facilitates the breakdown of lactose, a sugar found in milk and dairy products, into simpler sugars, such as glucose and galactose. For instance, in May 2023, DSM-Firmenich AG, a Switzerland-based health and nutrition company, launched Maxilact Next, a new lactase enzyme solution designed to improve lactose-free dairy production. This innovative solution boasts a 25% increase in speed compared to the previous fastest reference in milk processing, reducing hydrolysis time and allowing lactose-free dairy producers to optimize production efficiency without compromising taste. With approximately 70% of consumers globally unable to digest lactose properly, the demand for lactose-free products is on the rise, and Maxilact Next addresses this need by providing a swift and efficient lactase solution.
The lactose-free dairy market report table of contents includes:
1. Executive Summary
2. Lactose-Free Dairy Market Characteristics
3. Lactose-Free Dairy Market Trends And Strategies
4. Lactose-Free Dairy Market – Macro Economic Scenario
5. Global Lactose-Free Dairy Market Size and Growth.
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32. Global Lactose-Free Dairy Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Lactose-Free Dairy Market
34. Lactose-Free Dairy Market Future Outlook and Potential Analysis
35. Appendix
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