Market Overview:
The global lactose free sour cream 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 intolerance, increasing demand for dairy-free products and growing trend of healthy eating. In addition, the increasing number of convenience stores and online stores is also contributing to the growth of this market. On the basis of type, organic lactose free sour cream is expected to witness higher growth than conventional lactose free sour cream during the forecast period. This can be attributed to rising consumer preference for organic products over conventional products. On the basis of application, supermarket is expected to account for majority share in terms of revenue in 2018 and it is also projected that this segment will maintain its dominance throughout 2030 owing to high penetration rate across developed countries such as U.S., Canada and Europe . However, convenience store segment will register highest CAGR during 2018-2030 due high adoption rate among consumers especially in developing countries such as India , China and Brazil .
Product Definition:
Lactose free sour cream is a dairy product that has been modified to remove the lactose content. This type of sour cream is often used by people who are lactose intolerant, as it does not cause the same digestive issues that regular sour cream can. Lactose free sour cream can be found at most major grocery stores.
Organic Lactose Free Sour Cream:
Organic lactose free sour cream is a dairy product, which does not contain any artificial growth hormones (AHD), antibiotics or animal by-products. It has been produced to comply with the standards set by The Food and Drug Administration (FDA) for the term “organic” on account of its high quality and safety. Organic lactose free sour cream is manufactured using milk from cows that are not given any kind of artificial supplements, drugs or antibiotics during their production process.
Conventional Lactose Free Sour Cream:
Conventional lactose free sour cream is a dairy product that does not contain lactose. It is produced by separating the whey before milk sugar crystallization. The process does not affect the nutritional value of the final product and it can be used as an alternative to regular sour creams for people who are allergic or cannot have dairy products containing lactose.
The global conventional lactose free sour cream market size was valued at USD 58,15 thousand in 2015.
Application Insights:
Supermarket was the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. The product has a wide application scope in food preparation, which includes making salads dressings, sauces for cold foods, snacks & desserts as well as bakery products. It can be used as an alternative for dairy products such as cheese and yogurt due to its health benefits. Furthermore, it can also be used instead of butter or margarine owing to its higher fat content.
The convenience store segment is expected to register the fastest CAGR of XX% from 2018 to 2030 owing to increasing consumer preference towards ready-to-eat food items along with growing demand for lactose free dairy alternatives across developing countries such as India and China. Moreover, growing awareness regarding healthy lifestyle practices coupled with rising disposable income levels will drive growth over the forecast period in this segment too.
Regional Analysis:
Europe dominated the global market in 2017 owing to high lactose intolerance rates and awareness about gluten-free products. Asia Pacific is expected to be the fastest growing regional market from 2018 to 2030 due to increasing health concerns over sugar content in dairy products, rising disposable income levels, and changing consumer lifestyle. Moreover, new product launches are anticipated to boost demand for lactose free sour cream over the forecast period. For instance, In January 2016; Roquette Cheese Limited launched its new product range under brand name ‘Roquette Light’ in India with an objective of cateringto a larger population base that finds it difficult or impossibleto digest regular Roquette cheese Due To Lactase deficiency (RLD).
North America is also estimated to witness significant growth during the forecast period owing aslactose free sour cream has been gaining popularity among consumers seeking low-fat dairy products with less amount of saturated fat and cholesterol. The U.S.
Growth Factors:
- Increasing demand for lactose free products: The global market for lactose free products is expected to grow at a CAGR of more than 7% during the forecast period. This is mainly due to the increasing awareness about the health benefits of these products among consumers. Lactose free sour cream is a good source of calcium, protein, and other nutrients, which makes it an attractive option for consumers looking for healthier alternatives.
- Rising disposable income: A growing number of consumers in developing countries are now able to afford premium-priced dairy products such as lactose free sour cream. This is because their disposable incomes are rising at a faster pace than the prices of these products. In addition, there has been a shift in consumer preferences towards high-quality and healthy foods, which has further fuelled demand for lactose free sour cream globally.
- Growing popularity of probiotics: Probiotics are live microorganisms that offer various health benefits when consumed regularly. They are added to many food items such as yogurt and milk shakes, and are also available as dietary supplements in capsule or tablet form . Lactose intolerant individuals can also consume probiotic supplements that contain strains of bacteria that help break down lactose molecules into simpler forms that can be easily absorbed by the body . The growing popularity of probiotics is thus likely to boost demand for lactose free sour cream in the coming years .
- . Technological advancements: Dairy processors have been investing heavily in
Scope Of The Report
Report Attributes
Report Details
Report Title
Lactose Free Sour Cream Market Research Report
By Type
Organic Lactose Free Sour Cream, Conventional Lactose Free Sour Cream
By Application
Supermarket, Convenience Store, Online Store, Others
By Companies
Valio, Redwood Hill Farm & Creamery, Regal Cream Products, Gay Lea Foods Co-operative, Barambah Organics, Green Valley Creamery, Danone, Hain Celestial
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Lactose Free Sour Cream Market Report Segments:
The global Lactose Free Sour Cream market is segmented on the basis of:
Types
Organic Lactose Free Sour Cream, Conventional Lactose Free Sour Cream
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
Supermarket, Convenience Store, Online Store, 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
- Redwood Hill Farm & Creamery
- Regal Cream Products
- Gay Lea Foods Co-operative
- Barambah Organics
- Green Valley Creamery
- Danone
- Hain Celestial
Highlights of The Lactose Free Sour Cream 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 Lactose Free Sour Cream
- Conventional Lactose Free Sour Cream
- By Application:
- Supermarket
- Convenience Store
- Online Store
- 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 Sour Cream 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Lactose free sour cream is a dairy-free product that is made from cow's milk that has been removed through a process called lactase digestion.
Some of the major companies in the lactose free sour cream market are Valio, Redwood Hill Farm & Creamery, Regal Cream Products, Gay Lea Foods Co-operative, Barambah Organics, Green Valley Creamery, Danone, Hain Celestial.
The lactose free sour cream market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lactose Free Sour Cream Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lactose Free Sour Cream Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lactose Free Sour Cream Market - Supply Chain
4.5. Global Lactose Free Sour Cream Market Forecast
4.5.1. Lactose Free Sour Cream Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lactose Free Sour Cream Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lactose Free Sour Cream Market Absolute $ Opportunity
5. Global Lactose Free Sour Cream Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lactose Free Sour Cream Market Size and Volume Forecast by Type
5.3.1. Organic Lactose Free Sour Cream
5.3.2. Conventional Lactose Free Sour Cream
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lactose Free Sour Cream Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lactose Free Sour Cream Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Convenience Store
6.3.3. Online Store
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lactose Free Sour Cream Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lactose Free Sour Cream Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lactose Free Sour Cream Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lactose Free Sour Cream Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lactose Free Sour Cream Demand Share Forecast, 2019-2026
9. North America Lactose Free Sour Cream Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lactose Free Sour Cream Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lactose Free Sour Cream Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Convenience Store
9.4.3. Online Store
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lactose Free Sour Cream Market Size and Volume Forecast by Type
9.7.1. Organic Lactose Free Sour Cream
9.7.2. Conventional Lactose Free Sour Cream
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lactose Free Sour Cream Demand Share Forecast, 2019-2026
10. Latin America Lactose Free Sour Cream Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lactose Free Sour Cream Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lactose Free Sour Cream Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Convenience Store
10.4.3. Online Store
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lactose Free Sour Cream Market Size and Volume Forecast by Type
10.7.1. Organic Lactose Free Sour Cream
10.7.2. Conventional Lactose Free Sour Cream
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lactose Free Sour Cream Demand Share Forecast, 2019-2026
11. Europe Lactose Free Sour Cream Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lactose Free Sour Cream Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lactose Free Sour Cream Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Convenience Store
11.4.3. Online Store
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lactose Free Sour Cream Market Size and Volume Forecast by Type
11.7.1. Organic Lactose Free Sour Cream
11.7.2. Conventional Lactose Free Sour Cream
11.8. Basis Point Share (BPS)Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lactose Free Sour Cream Demand Share, 2019-2026
12. Asia Pacific Lactose Free Sour Cream Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lactose Free Sour Cream Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lactose Free Sour Cream Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Convenience Store
12.4.3. Online Store
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lactose Free Sour Cream Market Size and Volume Forecast by Type
12.7.1. Organic Lactose Free Sour Cream
12.7.2. Conventional Lactose Free Sour Cream
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lactose Free Sour Cream Demand Share, 2019-2026
13. Middle East & Africa Lactose Free Sour Cream Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lactose Free Sour Cream Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lactose Free Sour Cream Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Convenience Store
13.4.3. Online Store
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lactose Free Sour Cream Market Size and Volume Forecast by Type
13.7.1. Organic Lactose Free Sour Cream
13.7.2. Conventional Lactose Free Sour Cream
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lactose Free Sour Cream Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lactose Free Sour Cream Market: Market Share Analysis
14.2. Lactose Free Sour Cream Distributors and Customers
14.3. Lactose Free Sour Cream Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Valio
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Redwood Hill Farm & Creamery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Regal Cream Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gay Lea Foods Co-operative
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Barambah Organics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Green Valley Creamery
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Danone
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hain Celestial
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
