Market Overview:
The global lactofree yogurt market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about lactose-free products, increasing demand for organic products, and growing trend of healthy eating. In terms of type, the organic segment is expected to grow at a higher CAGR than the ordinary segment during the forecast period. This can be attributed to increasing consumer preference for organic food items over conventional food items. In terms of application, online retail is expected to grow at a higher CAGR than offline retail during the forecast period.
Product Definition:
Lactofree yogurt is a type of yogurt that does not contain lactose, which is the sugar found in milk. Lactofree yogurt is important for people who are lactose intolerant because it allows them to enjoy the benefits of yogurt without experiencing any digestive problems.
Organic:
Organic yogurt is a type of yogurt that has been produced according to standards set by certifications such as USDA Organic, Fairtrade, Kosher and Halal. The majority of the world's organic dairy products are produced in Europe and North America. However, there is increasing production in Asia Pacific countries such as India & China owing to growing demand for organic foods especially among the urban population.
Ordinary:
The ordinary is a combination of live bacterial culture and the regular yogurt. The bacteria in the ordinary helps to improve lactation by enhancing the prolactin production. It also enhances immunity, digestion, energy level and even brain function along with lowering blood sugar levels.
Lactofree yogurts are made using only three ingredients which include milk protein isolates (MPS), milk fat globules (MFGS) & live bacterial cultures (LBC).
Application Insights:
The global lactofree yogurt market is segmented based on application into online retail, offline retail and others. Offline retailers accounted for the largest share in 2017 owing to the presence of a strong network of stores that offer fresh products with limited shelf life. The use of refrigeration systems at these stores ensures that the product remains fresh until it reaches the customer¢â‚¬â„¢s doorsteps.
Online retailers are expected to witness significant growth over the forecast period due to increasing consumer preference for purchasing food products through digital mediums, such as e-commerce websites and mobile apps. Furthermore, companies operating online grocery services are offering yogurts with longer expiry dates in an attempt to gain a competitive edge over their offline counterparts.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, expanding at a CAGR of XX% during the forecast period. This growth can be attributed to rising consumer awareness regarding health and well-being, along with an increase in per capita income of consumers. Moreover, presence of key players such as Danone S.A.
Asia Pacific is expected to witness significant growth during the forecast years owing to increasing consumption patterns among millennials coupled with growing disposable income levels in emerging economies such as China and India.
Europe was valued at USD X billion in 2017 owing to high demand from countries including Germany (13%), U K (12%) Italy (11%).
Growth Factors:
- Increasing awareness about the health benefits of yogurt, especially among lactose intolerant people.
- Growing demand for healthy and nutritious food products.
- Rising disposable income of consumers in developing countries.
- Rapid urbanization and changing dietary habits of consumers in emerging markets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lactofree Yogurt Market Research Report
By Type
Organic, Ordinary
By Application
Online Retail, Offline Retail
By Companies
Arla Lactofree, Danone, Valio Ltd, Lactaid, Yoplait, Chobani Global Holdings, Inc., Stonyfield, Cashewgurt, Chr. Hansen Holding A/S, Green Valley Creamery, Agropur
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Lactofree Yogurt Market Report Segments:
The global Lactofree Yogurt market is segmented on the basis of:
Types
Organic, Ordinary
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Retail, Offline Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arla Lactofree
- Danone
- Valio Ltd
- Lactaid
- Yoplait
- Chobani Global Holdings, Inc.
- Stonyfield
- Cashewgurt
- Chr. Hansen Holding A/S
- Green Valley Creamery
- Agropur
Highlights of The Lactofree Yogurt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic
- Ordinary
- By Application:
- Online Retail
- Offline Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lactofree Yogurt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lactofree yogurt is a type of yogurt that does not contain any lactose.
Some of the major companies in the lactofree yogurt market are Arla Lactofree, Danone, Valio Ltd, Lactaid, Yoplait, Chobani Global Holdings, Inc., Stonyfield, Cashewgurt, Chr. Hansen Holding A/S, Green Valley Creamery, Agropur.
The lactofree yogurt market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lactofree Yogurt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lactofree Yogurt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lactofree Yogurt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lactofree Yogurt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lactofree Yogurt Market Size & Forecast, 2018-2028
4.5.1 Lactofree Yogurt Market Size and Y-o-Y Growth
4.5.2 Lactofree Yogurt Market Absolute $ Opportunity
Chapter 5 Global Lactofree Yogurt Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lactofree Yogurt Market Size Forecast by Type
5.2.1 Organic
5.2.2 Ordinary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lactofree Yogurt Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lactofree Yogurt Market Size Forecast by Applications
6.2.1 Online Retail
6.2.2 Offline Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lactofree Yogurt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lactofree Yogurt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lactofree Yogurt Analysis and Forecast
9.1 Introduction
9.2 North America Lactofree Yogurt Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lactofree Yogurt Market Size Forecast by Type
9.6.1 Organic
9.6.2 Ordinary
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lactofree Yogurt Market Size Forecast by Applications
9.10.1 Online Retail
9.10.2 Offline Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lactofree Yogurt Analysis and Forecast
10.1 Introduction
10.2 Europe Lactofree Yogurt Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lactofree Yogurt Market Size Forecast by Type
10.6.1 Organic
10.6.2 Ordinary
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lactofree Yogurt Market Size Forecast by Applications
10.10.1 Online Retail
10.10.2 Offline Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lactofree Yogurt Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lactofree Yogurt Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lactofree Yogurt Market Size Forecast by Type
11.6.1 Organic
11.6.2 Ordinary
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lactofree Yogurt Market Size Forecast by Applications
11.10.1 Online Retail
11.10.2 Offline Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lactofree Yogurt Analysis and Forecast
12.1 Introduction
12.2 Latin America Lactofree Yogurt Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lactofree Yogurt Market Size Forecast by Type
12.6.1 Organic
12.6.2 Ordinary
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lactofree Yogurt Market Size Forecast by Applications
12.10.1 Online Retail
12.10.2 Offline Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lactofree Yogurt Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lactofree Yogurt Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lactofree Yogurt Market Size Forecast by Type
13.6.1 Organic
13.6.2 Ordinary
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lactofree Yogurt Market Size Forecast by Applications
13.10.1 Online Retail
13.10.2 Offline Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lactofree Yogurt Market: Competitive Dashboard
14.2 Global Lactofree Yogurt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arla Lactofree
14.3.2 Danone
14.3.3 Valio Ltd
14.3.4 Lactaid
14.3.5 Yoplait
14.3.6 Chobani Global Holdings, Inc.
14.3.7 Stonyfield
14.3.8 Cashewgurt
14.3.9 Chr. Hansen Holding A/S
14.3.10 Green Valley Creamery
14.3.11 Agropur
