The Business Research Company’s latest report Lactose Free Food Global Market Report 2020 covers Lactose Free Food market drivers, Lactose Free Food market trends, Lactose Free Food market segments, Lactose Free Food market growth rate, Lactose Free Food market major players, and Lactose Free Food market size. The report provides in-depth analysis of the impact of COVID-19 on the Lactose Free Food industry, along with revised market numbers due to the effects of the coronavirus.
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Lactose Free Food Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global lactose free food market is expected to grow from $11.7 billion in 2019 and to $11.96 billion in 2020 at a growth rate of 1.97%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $15.82 billion in 2023 at CAGR of 9.77%.
The report covers the Lactose Free Food market’s segments-
1) By Type: Lactose-Free Products, Lactose-Reduced Products.
2) By Application: Milk, Cheese, Yogurt, Ice-Cream, Non-Diary Products, Others.
3) By Distribution Channel: Supermarkets/Hypermarkets, Online Stores, Others.
4) By Source: Rice, Almond, Soy, Hemp Milks, Coconut.
5) By Technology: Chromatographic Separation, Acid Hydrolysis, Membrane Reactor.
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