Market Overview:
The global lactose free dairy products market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about lactose intolerance and the rising demand for healthy and nutritious food products. In addition, the growing trend of veganism is also contributing to the growth of this market. On the basis of type, milk accounted for majority share in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its high nutritional value and wide range of applications such as in beverages, desserts, ice creams, etc. Yoghurt is another major type segmented in this market with high potential for future growth owing to its health benefits such as aiding digestion process and strengthening immune system. On account of these factors, yoghurt is witnessing increasing demand from consumers across different regions globally. Based on application, grocery store held a dominant position in 2017 followed by supermarket due to rising consumer inclination towards purchasing food items from these retail formats instead of traditional stores or markets which offer limited variety comparatively speaking . However , processed milk product s are witnessing highest adoption rate among all applications mainly due their convenience factor coupled with longer shelf life as compared t o fresh milk . These factors are fuelling th eir demand across different regions globally .
Product Definition:
Products that are lactose free do not contain the sugar lactose. Lactose intolerance is a condition in which people cannot digest lactose, the sugar found in milk and other dairy products. Symptoms of lactose intolerance include bloating, diarrhea, and gas. Many people who are intolerant to lactose can tolerate certain dairy products that are made without milk or with reduced amounts of lactose. These products include hard cheeses, yogurt, and sour cream.
Milk:
Milk is a dairy product obtained from the breast milk of cattle. It is one of the most extensively used dairy products across the globe. The demand for milk has been growing over the past few years on account of increasing population, rising health awareness among consumers and changing food habits due to rapid urbanization in emerging economies including China, India and Brazil.
Condensed Milk:
Condensed milk is a by-product obtained in the process of evaporating and concentrating milk. It contains around 60% of water, along with sugar and other nutrients. The major function of condensed milk is to add moisture content to lactose free dairy products, thus making it more edible for consumption. Condensed milk also acts as an important ingredient in various dishes due to its sweet taste and creamy texture which makes it suitable for use in desserts like cakes & puddings too.
Application Insights:
The global market is segmented by application into grocery stores, supermarkets and others. The other applications include food service, hospitality and industrial purposes. The supermarket segment dominated the overall market in 2017 accounting for a share of over 60% in terms of revenue as well as volume. This high share is attributable to the large product offering along with competitive prices that are attractive to consumers.
The growth of this segment can be attributed to factors such as increasing consumer disposable income levels coupled with rising awareness regarding lactose-free dairy products among manufacturers are driving the demand for these products in supermarkets across various regions globally. Furthermore, manufacturers are focusing on providing customized milk powder formulas along with their product offerings which has further driven demand from both private households and commercial users including restaurants and hotels at an international level owing to standardization adopted by these companies worldwide since 2014 under the auspices of International Dairy Federation (IDF).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region accounts for a major share of world population, which makes it easier for regional companies to establish their business in countries like China, India, Japan and Indonesia. Moreover, increasing disposable income levels coupled with rising awareness regarding lactose free dairy products will drive the market further. Europe is also anticipated to be one of the key regions over the next eight years owing to high demand from Germany and U.K., where condensed milk consumption was highest across Europe as compared to other countries in 2017. North America accounted for a significant share due its large lactose intolerant population base along with developed food processing industry that has made it easy for international brands like Danone or Lactalis Dairies Ltd.
Growth Factors:
- Increasing awareness about lactose intolerance and its health implications is driving the demand for lactose free dairy products.
- Rising disposable income of consumers is enabling them to afford premium priced lactose free dairy products.
- Growing number of health-conscious consumers is propelling the demand for healthier alternatives such as lactose free dairy products.
- Rapid urbanization and changing dietary habits are favoring the growth of the lactose free dairy products market worldwide.
- The increasing trend of veganism is also contributing to the growth of this market as vegan diets do not include any animal derived ingredients including milk and milk derivatives
Scope Of The Report
Report Attributes
Report Details
Report Title
Lactose Free Dairy Products Market Research Report
By Type
Milk, Condensed Milk, Milk Powder, Yoghurt, Ice Cream, Deserts, Butter/Cheese, Infant Formula, Processed Milk Products
By Application
Grocery Store, Supermarket, Others
By Companies
Valio, Shamrock, Arla, Dean, Danone, Murray Goulburn, Nestle, Valio
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Lactose Free Dairy Products Market Report Segments:
The global Lactose Free Dairy Products market is segmented on the basis of:
Types
Milk, Condensed Milk, Milk Powder, Yoghurt, Ice Cream, Deserts, Butter/Cheese, Infant Formula, Processed Milk Products
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
Grocery Store, Supermarket, Others
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:
- Valio
- Shamrock
- Arla
- Dean
- Danone
- Murray Goulburn
- Nestle
- Valio
Highlights of The Lactose Free Dairy Products 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:
- Milk
- Condensed Milk
- Milk Powder
- Yoghurt
- Ice Cream
- Deserts
- Butter/Cheese
- Infant Formula
- Processed Milk Products
- By Application:
- Grocery Store
- Supermarket
- Others
- 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 Lactose Free Dairy Products 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Lactose free dairy products are dairy products that do not contain lactose.
Some of the major companies in the lactose free dairy products market are Valio, Shamrock, Arla, Dean, Danone, Murray Goulburn, Nestle, Valio.
The lactose free dairy products 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 Lactose Free Dairy Products 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 Lactose Free Dairy Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lactose Free Dairy Products 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 Lactose Free Dairy Products 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 Lactose Free Dairy Products Market Size & Forecast, 2020-2028
4.5.1 Lactose Free Dairy Products Market Size and Y-o-Y Growth
4.5.2 Lactose Free Dairy Products Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Milk
5.2.2 Condensed Milk
5.2.3 Milk Powder
5.2.4 Yoghurt
5.2.5 Ice Cream
5.2.6 Deserts
5.2.7 Butter/Cheese
5.2.8 Infant Formula
5.2.9 Processed Milk Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Grocery Store
6.2.2 Supermarket
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lactose Free Dairy Products 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 Lactose Free Dairy Products 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Milk
9.6.2 Condensed Milk
9.6.3 Milk Powder
9.6.4 Yoghurt
9.6.5 Ice Cream
9.6.6 Deserts
9.6.7 Butter/Cheese
9.6.8 Infant Formula
9.6.9 Processed Milk Products
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 Market Size Forecast by Applications
9.10.1 Grocery Store
9.10.2 Supermarket
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Milk
10.6.2 Condensed Milk
10.6.3 Milk Powder
10.6.4 Yoghurt
10.6.5 Ice Cream
10.6.6 Deserts
10.6.7 Butter/Cheese
10.6.8 Infant Formula
10.6.9 Processed Milk Products
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 Market Size Forecast by Applications
10.10.1 Grocery Store
10.10.2 Supermarket
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Milk
11.6.2 Condensed Milk
11.6.3 Milk Powder
11.6.4 Yoghurt
11.6.5 Ice Cream
11.6.6 Deserts
11.6.7 Butter/Cheese
11.6.8 Infant Formula
11.6.9 Processed Milk Products
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 Market Size Forecast by Applications
11.10.1 Grocery Store
11.10.2 Supermarket
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Milk
12.6.2 Condensed Milk
12.6.3 Milk Powder
12.6.4 Yoghurt
12.6.5 Ice Cream
12.6.6 Deserts
12.6.7 Butter/Cheese
12.6.8 Infant Formula
12.6.9 Processed Milk Products
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 Market Size Forecast by Applications
12.10.1 Grocery Store
12.10.2 Supermarket
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Milk
13.6.2 Condensed Milk
13.6.3 Milk Powder
13.6.4 Yoghurt
13.6.5 Ice Cream
13.6.6 Deserts
13.6.7 Butter/Cheese
13.6.8 Infant Formula
13.6.9 Processed Milk Products
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) Market Size Forecast by Applications
13.10.1 Grocery Store
13.10.2 Supermarket
13.10.3 Others
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 Lactose Free Dairy Products Market: Competitive Dashboard
14.2 Global Lactose Free Dairy Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valio
14.3.2 Shamrock
14.3.3 Arla
14.3.4 Dean
14.3.5 Danone
14.3.6 Murray Goulburn
14.3.7 Nestle
14.3.8 Valio
