Market Overview:
The global reduced lactose whey 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 demand for dairy products, especially among the health-conscious population. In addition, the growing awareness about the benefits of consuming reduced lactose whey is also contributing to the growth of this market. On the basis of type, organic reduced lactose whey is expected to account for a larger share of this market than conventional reduced lactose whey during the forecast period. This can be attributed to rising consumer preference for organic food products and growing awareness about their health benefits. On the basis of application, supermarket is expected to account for a larger share of this market than specialty store duringthe forecast period.
Product Definition:
Reduced lactose whey is a type of whey that has been processed to reduce the amount of lactose. This type of whey is often used by people who are lactose intolerant, as it contains less than half the amount of lactose as regular whey. Reduced lactose whey can be found in powder or liquid form, and is often added to smoothies, yogurt, or other foods to increase their protein content.
Organic Reduced Lactose Whey:
Organic Reduced Lactose Whey is a by-product of whey processing, which is obtained from the separation of milk fats and whey proteins after the removal of lactose. It has high amino acid content as compared to regular whey products. Organic Reduced Lactose Whey contains an optimal level of essential nutrients and it's composition varies according to different genetic codes for each person.
Conventional Reduced Lactose Whey:
Conventional reduced lactose whey is a product that has been used as an alternative to regular whey for individuals who are allergic or have difficulty in digesting cow's milk. The product has been designed by the producers to match the nutritional content of regular whey with less amount of lactose.
The market for conventional reduced lactose Whey is expected to witness significant growth over the forecast period owing to increasing consumer preference towards plant-based products.
Application Insights:
Supermarket application led the market and accounted for more than 70.0% share of the global revenue in 2017. The product is widely used in manufacturing bakery products, ice cream, yogurt, cheese and other dairy products due to its ability to reduce lactose content. Furthermore, it helps enhance flavors when combined with other ingredients.
The specialty store segment is expected to expand at a CAGR of XX% over the forecast period owing to rising demand for specialty reduced lactose whey from health-conscious consumers around the world seeking low-fat dairy alternatives with fewer carbohydrates and sugars compared to regular full-fat milk products or cheese varieties made from cow's milk only without any added sugar or flavorings as they are traditionally prepared using full-fat milk only which has higher nutritional value but less taste compared with reduced fat variants made using ultrafiltered or high pressure processed (HPP) version of cow's milk which reduces lactose content by about 60%.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand for dairy products. The region is expected to maintain its dominance over the forecast period due to increasing health consciousness and rising disposable income of consumers. Asia Pacific is projected to be the fastest-growing market at a CAGR of XX% from 2018 to 2030 owing with growing health awareness among people and changing lifestyle habits in developing economies including China, India, Thailand, Singapore, Philippines and Indonesia.
Europe also held a significant share of global reduced lactose whey market on account of presence of several prominent players operating within this region such as GlaxoSmithKline plc; Danone S.A.; General Mills Inc.; Kellogg Co., etc.).
Growth Factors:
- Increasing demand for dairy-free and lactose-free products: The global market for dairy-free and lactose-free products is growing rapidly as consumers seek healthier, more sustainable, and ethical alternatives to traditional dairy products. Reduced lactose whey offers a viable alternative to milk for those with lactose intolerance, making it an attractive ingredient in dairy-free and lactose-free products.
- Growing awareness of the health benefits of whey protein: Whey protein is a high quality source of protein that has been shown to offer numerous health benefits, including weight loss, improved muscle mass, reduced inflammation, and better blood sugar control. Reduced lactose whey offers an excellent source of whey protein that is low in carbohydrates and calories, making it a popular choice for those looking to improve their health or manage their weight.
- Rising demand from the sports nutrition market: The sports nutrition market is booming as more people become interested in using supplements to improve their athletic performance. Reduced lactose whey has emerged as a popular choice among athletes due its high quality protein content and its ability to help promote muscle growth and recovery after exercise.
Scope Of The Report
Report Attributes
Report Details
Report Title
Reduced Lactose Whey Market Research Report
By Type
Organic Reduced Lactose Whey, Conventional Reduced Lactose Whey
By Application
Supermarket, Specialty Store, Online Store, Others
By Companies
Wapsie Valley Creamery, Hilmar Cheese, Allied Dairy Products, Hoogwegt Groep, Grande Cheese, Farmers Co-operative Dairy, Fonterra, Interfood, Leprino Foods, Dana Foods, AMCO Proteins
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Reduced Lactose Whey Market Report Segments:
The global Reduced Lactose Whey market is segmented on the basis of:
Types
Organic Reduced Lactose Whey, Conventional Reduced Lactose Whey
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, Specialty 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:
- Wapsie Valley Creamery
- Hilmar Cheese
- Allied Dairy Products
- Hoogwegt Groep
- Grande Cheese
- Farmers Co-operative Dairy
- Fonterra
- Interfood
- Leprino Foods
- Dana Foods
- AMCO Proteins
Highlights of The Reduced Lactose Whey 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 Reduced Lactose Whey
- Conventional Reduced Lactose Whey
- By Application:
- Supermarket
- Specialty 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 Reduced Lactose Whey 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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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?
Reduced lactose whey is a type of milk protein concentrate that has been processed to remove most of the lactose. This makes it a good choice for people who are looking for an alternative to dairy products, as well as those with dairy allergies.
Some of the major companies in the reduced lactose whey market are Wapsie Valley Creamery, Hilmar Cheese, Allied Dairy Products, Hoogwegt Groep, Grande Cheese, Farmers Co-operative Dairy, Fonterra, Interfood, Leprino Foods, Dana Foods, AMCO Proteins.
The reduced lactose whey market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Reduced Lactose Whey 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. Reduced Lactose Whey Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Reduced Lactose Whey Market - Supply Chain
4.5. Global Reduced Lactose Whey Market Forecast
4.5.1. Reduced Lactose Whey Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Reduced Lactose Whey Market Size (000 Units) and Y-o-Y Growth
4.5.3. Reduced Lactose Whey Market Absolute $ Opportunity
5. Global Reduced Lactose Whey 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. Reduced Lactose Whey Market Size and Volume Forecast by Type
5.3.1. Organic Reduced Lactose Whey
5.3.2. Conventional Reduced Lactose Whey
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Reduced Lactose Whey 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. Reduced Lactose Whey Market Size and Volume Forecast by Application
6.3.1. Supermarket
6.3.2. Specialty 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 Reduced Lactose Whey 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. Reduced Lactose Whey 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 Reduced Lactose Whey 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. Reduced Lactose Whey 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 Reduced Lactose Whey Demand Share Forecast, 2019-2026
9. North America Reduced Lactose Whey 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 Reduced Lactose Whey 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 Reduced Lactose Whey Market Size and Volume Forecast by Application
9.4.1. Supermarket
9.4.2. Specialty 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 Reduced Lactose Whey Market Size and Volume Forecast by Type
9.7.1. Organic Reduced Lactose Whey
9.7.2. Conventional Reduced Lactose Whey
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 Reduced Lactose Whey Demand Share Forecast, 2019-2026
10. Latin America Reduced Lactose Whey 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 Reduced Lactose Whey 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 Reduced Lactose Whey Market Size and Volume Forecast by Application
10.4.1. Supermarket
10.4.2. Specialty 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 Reduced Lactose Whey Market Size and Volume Forecast by Type
10.7.1. Organic Reduced Lactose Whey
10.7.2. Conventional Reduced Lactose Whey
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 Reduced Lactose Whey Demand Share Forecast, 2019-2026
11. Europe Reduced Lactose Whey 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 Reduced Lactose Whey 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 Reduced Lactose Whey Market Size and Volume Forecast by Application
11.4.1. Supermarket
11.4.2. Specialty 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 Reduced Lactose Whey Market Size and Volume Forecast by Type
11.7.1. Organic Reduced Lactose Whey
11.7.2. Conventional Reduced Lactose Whey
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 Reduced Lactose Whey Demand Share, 2019-2026
12. Asia Pacific Reduced Lactose Whey 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 Reduced Lactose Whey 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 Reduced Lactose Whey Market Size and Volume Forecast by Application
12.4.1. Supermarket
12.4.2. Specialty 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 Reduced Lactose Whey Market Size and Volume Forecast by Type
12.7.1. Organic Reduced Lactose Whey
12.7.2. Conventional Reduced Lactose Whey
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 Reduced Lactose Whey Demand Share, 2019-2026
13. Middle East & Africa Reduced Lactose Whey 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 Reduced Lactose Whey 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 Reduced Lactose Whey Market Size and Volume Forecast by Application
13.4.1. Supermarket
13.4.2. Specialty 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 Reduced Lactose Whey Market Size and Volume Forecast by Type
13.7.1. Organic Reduced Lactose Whey
13.7.2. Conventional Reduced Lactose Whey
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 Reduced Lactose Whey Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Reduced Lactose Whey Market: Market Share Analysis
14.2. Reduced Lactose Whey Distributors and Customers
14.3. Reduced Lactose Whey Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wapsie Valley Creamery
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hilmar Cheese
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Allied Dairy 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. Hoogwegt Groep
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Grande Cheese
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Farmers Co-operative Dairy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fonterra
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Interfood
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Leprino Foods
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dana Foods
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AMCO Proteins
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