Market Overview:
The global refined lactose market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lactose from various applications such as chocolate, infant nutrition, seasonings, bakery and confectionary. In addition, rising awareness about the benefits of using lactose in food products is also contributing to the growth of this market.
Product Definition:
Refined lactose is a purified form of lactose that is used as a food additive. It is made by removing the water and other components from milk, leaving behind pure lactose. Refined lactose is used to improve the texture and flavor of foods, as well as to increase their sweetness.
Mesh Size (Below 100):
The global mesh size below 100 market was valued at USD 5.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for refined lactose with low viscosity and high sweetness is one of the key factors driving growth in this sector globally.
Mesh Size (100 and Above):
The global mesh size (100 and above) market was valued at USD 1.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for 100% refined lactose, which has no additives or any other milk constituents, is anticipated to drive the industry growth over the next seven years.
Application Insights:
The application segment includes chocolate, seasoning, infant nutrition, and bakery and confectionery products. The chocolate segment held the largest market share in 2017 owing to its high demand from countries such as the U.S., Germany, China and India. Moreover, increasing consumption of dark chocolates due to their higher content of flavonoids is expected to drive the global refined lactose market over the forecast period.
Infant nutrition is expected to be one of the fastest-growing applications due to rising awareness about nutritional enrichment in baby foods across various regions including North America and Europe. Furthermore, growing consumer preference for naturally flavored products with no added sugar is projected to fuel product demand from 2018 till 2030 at a CAGR of XX% over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing product demand as an additive in infant formula and confectionery products. In addition, rising obesity levels are anticipated to fuel the demand for sugar-free food products which will further propel industry growth over the coming years.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing high lactose consumption in countries such as China and India along with other Southeast Asian nations such as Indonesia, Thailand, Philippines.
Growth Factors:
- Increasing demand for dairy products: The global demand for dairy products is increasing due to the changing dietary habits and the growing population. This is expected to drive the growth of the refined lactose market.
- Rising awareness about health benefits of dairy products: There is a growing awareness among consumers about the health benefits of consuming dairy products such as calcium, protein, and vitamin D. This is expected to boost demand for refined lactose in the coming years.
- Growing population: The global population is projected to grow at a rapid pace in the next few years, which will lead to an increase in demand for food items including dairy products. This will create opportunities for players operating in the refined lactose market.
- . Technological advancements: There has been a significant advancement in technology used for refining lactose over recent years, which has helped reduce production costs and improve product quality.. This is likely to benefit players operating in this market during forecast period.. 5) Expansion of distribution channels: Players are expanding their distribution channels across regions to cater to rising consumer demand..This will help them gain a larger share of this growing market
Scope Of The Report
Report Attributes
Report Details
Report Title
Refined Lactose Market Research Report
By Type
Mesh Size (Below 100), Mesh Size (100 and Above)
By Application
Chocolate, Infant Nutrition, Seasonings, Bakery, Confectionary
By Companies
Arion Dairy Products, Arla Foods, NZMP, Agropur Ingredients, Hilmar Ingredients, Hoogwegt, Glanbia Ingredients Ireland (GII), Interfood, Alpavit, Armor Proteines, Volac, Wisconsin Whey Protein, Foremost Farms USA, Polmlek Group, Leprino Foods, PARAS, LACTALIS Ingredients, Ba'emek Advanced Technologies
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Refined Lactose Market Report Segments:
The global Refined Lactose market is segmented on the basis of:
Types
Mesh Size (Below 100), Mesh Size (100 and Above)
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
Chocolate, Infant Nutrition, Seasonings, Bakery, Confectionary
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:
- Arion Dairy Products
- Arla Foods
- NZMP
- Agropur Ingredients
- Hilmar Ingredients
- Hoogwegt
- Glanbia Ingredients Ireland (GII)
- Interfood
- Alpavit
- Armor Proteines
- Volac
- Wisconsin Whey Protein
- Foremost Farms USA
- Polmlek Group
- Leprino Foods
- PARAS
- LACTALIS Ingredients
- Ba'emek Advanced Technologies
Highlights of The Refined Lactose 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:
- Mesh Size (Below 100)
- Mesh Size (100 and Above)
- By Application:
- Chocolate
- Infant Nutrition
- Seasonings
- Bakery
- Confectionary
- 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 Refined Lactose 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
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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?
Refined lactose is a type of lactose that has been processed to remove some of the water and other impurities. It is often used in food products because it has a longer shelf life than regular lactose.
Some of the key players operating in the refined lactose market are Arion Dairy Products, Arla Foods, NZMP, Agropur Ingredients, Hilmar Ingredients, Hoogwegt, Glanbia Ingredients Ireland (GII), Interfood, Alpavit, Armor Proteines, Volac, Wisconsin Whey Protein, Foremost Farms USA, Polmlek Group, Leprino Foods, PARAS, LACTALIS Ingredients, Ba'emek Advanced Technologies.
The refined lactose market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Refined Lactose 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 Refined Lactose Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Refined Lactose 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 Refined Lactose 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 Refined Lactose Market Size & Forecast, 2020-2028
4.5.1 Refined Lactose Market Size and Y-o-Y Growth
4.5.2 Refined Lactose 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 Mesh Size (Below 100)
5.2.2 Mesh Size (100 and Above)
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 Chocolate
6.2.2 Infant Nutrition
6.2.3 Seasonings
6.2.4 Bakery
6.2.5 Confectionary
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Refined Lactose 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 Refined Lactose 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 Mesh Size (Below 100)
9.6.2 Mesh Size (100 and Above)
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 Chocolate
9.10.2 Infant Nutrition
9.10.3 Seasonings
9.10.4 Bakery
9.10.5 Confectionary
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 Mesh Size (Below 100)
10.6.2 Mesh Size (100 and Above)
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 Chocolate
10.10.2 Infant Nutrition
10.10.3 Seasonings
10.10.4 Bakery
10.10.5 Confectionary
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 Mesh Size (Below 100)
11.6.2 Mesh Size (100 and Above)
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 Chocolate
11.10.2 Infant Nutrition
11.10.3 Seasonings
11.10.4 Bakery
11.10.5 Confectionary
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 Mesh Size (Below 100)
12.6.2 Mesh Size (100 and Above)
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 Chocolate
12.10.2 Infant Nutrition
12.10.3 Seasonings
12.10.4 Bakery
12.10.5 Confectionary
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 Mesh Size (Below 100)
13.6.2 Mesh Size (100 and Above)
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 Chocolate
13.10.2 Infant Nutrition
13.10.3 Seasonings
13.10.4 Bakery
13.10.5 Confectionary
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 Refined Lactose Market: Competitive Dashboard
14.2 Global Refined Lactose Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arion Dairy Products
14.3.2 Arla Foods
14.3.3 NZMP
14.3.4 Agropur Ingredients
14.3.5 Hilmar Ingredients
14.3.6 Hoogwegt
14.3.7 Glanbia Ingredients Ireland (GII)
14.3.8 Interfood
14.3.9 Alpavit
14.3.10 Armor Proteines
14.3.11 Volac
14.3.12 Wisconsin Whey Protein
14.3.13 Foremost Farms USA
14.3.14 Polmlek Group
14.3.15 Leprino Foods
14.3.16 PARAS
14.3.17 LACTALIS Ingredients
14.3.18 Ba'emek Advanced Technologies
