Market Overview:
The global low lactose milk market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about lactose intolerance and its health implications, rising demand for dairy products with low lactose content, and growing number of vegan population. Based on type, the global low lactose milk market can be segmented into whole milk, low-fat milk, and fat-free milk. Among these segments, whole milk is expected to account for the largest share in terms of revenue in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high nutritional value as compared to other types of low lactose milks available in the market.
Product Definition:
Low Lactose Milk is milk that has been altered to have a lower amount of lactose. This type of milk is important for people who are lactose intolerant, as it allows them to consume dairy products without experiencing the uncomfortable side effects associated with lactose intolerance.
Whole Milk:
Whole milk is the natural, unprocessed form of milk. It contains all the nutrients that are needed to maintain a healthy lifestyle. The WHO has stated that whole milk is one of the major causes of lactose intolerance and allergies in children.
Is there any difference between regular.
Low-Fat Milk:
Low-fat milk is a type of milk with low fat content. The major reason for the reduced fat in the product is that it has been pasteurized and homogenized, which locks in the nutrients and makes it impervious to bacteria. Low-fat milk can be used as an alternative to whole or 2% dairy products like cheese, yogurt, butter etc., as they have almost similar properties like regular dairy counterparts but are much healthier options.
Application Insights:
The global market is segmented by application into adults and baby. The adult application segment held the largest share of over 70.0% in 2017, owing to the rising demand for low-lactose milk products as a nutritional supplement or beverage for weight management. Moreover, increasing awareness about bone health among adults is expected to drive growth during the forecast period.
Baby application was estimated as one of the fastest-growing segments at a CAGR of XX% from 2018 to 2030 due to increased demand for infant nutrition products with added benefits such as improved digestion and immunity strengthening properties that are associated with LSM ingredients such as calcium and vitamin D3 along with hydrating factors like glycerol laurate.
Regional Analysis:
Europe dominated the global market in 2017. The presence of a large lactose intolerant population base and rising demand for dairy alternatives are key factors driving the regional market. Europe is anticipated to maintain its dominance over the forecast period owing to increasing awareness about low-lactose milk products among consumers, coupled with growing consumer preference for lactose free dairy products. Asia Pacific is expected to be one of the fastest-growing markets due to changing lifestyles and increasing disposable income levels in emerging economies such as China & India, which will drive demand for various convenience food items including bakery & confectionery items, along with other dietary supplements & foods. In addition, an increase in per capita consumption of ready-to-drink beverages among working professionals will also have a positive impact on industry growth over the next eight years.
The Asia Pacific region has been witnessing strong economic growth since last few years on account of rapid industrialization.
Growth Factors:
- Increasing awareness about the health benefits of low lactose milk is expected to drive the growth of the market.
- Rising disposable income of consumers is anticipated to boost the demand for low lactose milk products.
- Growing number of health-conscious consumers is projected to propel the growth of this market in near future.
- Proliferation of supermarkets and retail stores offering a wide range of low lactose milk products is likely to fuel market expansion during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Lactose Milk Market Research Report
By Type
Whole Milk, Low-Fat Milk, Fat-Free Milk
By Application
Adults, Baby
By Companies
Hood Dairy, Fairlife, Organic Valley, Danone, Dean Foods, Seprod, Natrel, Valio, Arla, Sterilgarda, LALA, Alpura, Nestle, Liddells, Procal, Anchor Dairy, Mary Anne, Amul, Yili, Mengniu
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Low Lactose Milk Market Report Segments:
The global Low Lactose Milk market is segmented on the basis of:
Types
Whole Milk, Low-Fat Milk, Fat-Free Milk
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
Adults, Baby
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:
- Hood Dairy
- Fairlife
- Organic Valley
- Danone
- Dean Foods
- Seprod
- Natrel
- Valio
- Arla
- Sterilgarda
- LALA
- Alpura
- Nestle
- Liddells
- Procal
- Anchor Dairy
- Mary Anne
- Amul
- Yili
- Mengniu
Highlights of The Low Lactose Milk 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:
- Whole Milk
- Low-Fat Milk
- Fat-Free Milk
- By Application:
- Adults
- Baby
- 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 Low Lactose Milk 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
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- Consumer Insights
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- Product & Brand 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?
Low lactose milk is milk that does not contain enough lactose to be classified as a dairy product. This type of milk is typically made from cow's milk that has been treated with a process called hydrolysis, which breaks down the lactose into glucose and galactose.
Some of the major companies in the low lactose milk market are Hood Dairy, Fairlife, Organic Valley, Danone, Dean Foods, Seprod, Natrel, Valio, Arla, Sterilgarda, LALA, Alpura, Nestle, Liddells, Procal, Anchor Dairy, Mary Anne, Amul, Yili, Mengniu.
The low lactose milk market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low Lactose Milk 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. Low Lactose Milk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low Lactose Milk Market - Supply Chain
4.5. Global Low Lactose Milk Market Forecast
4.5.1. Low Lactose Milk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low Lactose Milk Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low Lactose Milk Market Absolute $ Opportunity
5. Global Low Lactose Milk 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. Low Lactose Milk Market Size and Volume Forecast by Type
5.3.1. Whole Milk
5.3.2. Low-Fat Milk
5.3.3. Fat-Free Milk
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low Lactose Milk 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. Low Lactose Milk Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Baby
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low Lactose Milk 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. Low Lactose Milk 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 Low Lactose Milk 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. Low Lactose Milk 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 Low Lactose Milk Demand Share Forecast, 2019-2026
9. North America Low Lactose Milk 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 Low Lactose Milk 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 Low Lactose Milk Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Baby
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low Lactose Milk Market Size and Volume Forecast by Type
9.7.1. Whole Milk
9.7.2. Low-Fat Milk
9.7.3. Fat-Free Milk
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 Low Lactose Milk Demand Share Forecast, 2019-2026
10. Latin America Low Lactose Milk 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 Low Lactose Milk 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 Low Lactose Milk Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Baby
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low Lactose Milk Market Size and Volume Forecast by Type
10.7.1. Whole Milk
10.7.2. Low-Fat Milk
10.7.3. Fat-Free Milk
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 Low Lactose Milk Demand Share Forecast, 2019-2026
11. Europe Low Lactose Milk 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 Low Lactose Milk 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 Low Lactose Milk Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Baby
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low Lactose Milk Market Size and Volume Forecast by Type
11.7.1. Whole Milk
11.7.2. Low-Fat Milk
11.7.3. Fat-Free Milk
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 Low Lactose Milk Demand Share, 2019-2026
12. Asia Pacific Low Lactose Milk 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 Low Lactose Milk 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 Low Lactose Milk Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Baby
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low Lactose Milk Market Size and Volume Forecast by Type
12.7.1. Whole Milk
12.7.2. Low-Fat Milk
12.7.3. Fat-Free Milk
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 Low Lactose Milk Demand Share, 2019-2026
13. Middle East & Africa Low Lactose Milk 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 Low Lactose Milk 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 Low Lactose Milk Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Baby
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low Lactose Milk Market Size and Volume Forecast by Type
13.7.1. Whole Milk
13.7.2. Low-Fat Milk
13.7.3. Fat-Free Milk
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 Low Lactose Milk Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low Lactose Milk Market: Market Share Analysis
14.2. Low Lactose Milk Distributors and Customers
14.3. Low Lactose Milk Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hood Dairy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fairlife
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Organic Valley
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Danone
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dean Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Seprod
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Natrel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Valio
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Arla
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sterilgarda
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LALA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Alpura
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nestle
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Liddells
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Procal
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Anchor Dairy
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Mary Anne
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Amul
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Yili
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Mengniu
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
