Lactose Free Food Market, By Source (Coconut, Soy, Almond, and Others), By Product Type (Lactose-free Dairy, Lactose-free Bakery, Lactose-free Confectionery, and Lactose-free Infant Formula), By Distribution Channel (Supermarkets/Hypermarkets, Convenience
Lactose Free Food Market, By Source (Coconut, Soy, Almond, and Others), By Product Type (Lactose-free Dairy, Lactose-free Bakery, Lactose-free Confectionery, and Lactose-free Infant Formula), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and Online Retail), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
The global lactose free food market has been witnessing steady growth over the past few years due to the rising prevalence of lactose intolerance. Lactose intolerance refers to a condition where the body is unable to digest lactose, the natural sugar present in milk and milk products, due to the deficiency of the lactase enzyme. Some of the prominent symptoms associated with lactose intolerance include abdominal pain, bloating, gas, and diarrhea. With more people becoming aware about this digestive issue, the demand for lactose-free alternatives to regular dairy products has surged exponentially. Food manufacturers are responding to this demand by introducing an extensive range of lactose-free milk, yogurt, cheese, and baked goods. The market is expected to further grow at an accelerated pace going forward as the intolerance to lactose becomes more common.
Market Dynamics:
The global lactose free food market is driven by the rising incidence of lactose intolerance worldwide coupled with increasing consumer awareness about digestive health issues. As per statistics, around 65% of the world's population suffers from lactose intolerance. Growing health consciousness among people and preference for foods that ease digestion are providing a fillip to the sales of lactose-free variants. However, the high production costs associated with these specialty food items compared to regular dairy is a major challenge for wide acceptance. On the positive side, growing vegan trends and demand for dairy alternatives open lucrative opportunities for lactose-free food manufacturers. Moreover, technological advancements enabling new product development widen the scope for market expansion.
Key Features of the Study:
This report provides an in-depth analysis of the global lactose free food market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global lactose free food market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cargill, Inc., Galaxy Nutritional Foods, Inc., Green Valley Organics, Edlong Dairy Technologies, Parmalat SpA, Valio Ltd., Alpro, OMIRA Oberland-Milchverwertung, Crowley Foods, Arla Foods., Danone SA, General Mills Inc., Fonterra Co-operative Group Limited, Kerry Group PLC, Emmi AG, WhiteWave Foods, Barry Callebaut AG, HP Hood LLC, Valio Ltd, and Daiya Foods Inc
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global lactose free food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lactose free food market
Market Segmentation
Source:
Coconut
Soy
Almond
Others (Oats, Hemp)
Product Type:
Lactose-free Dairy
Lactose-free Bakery
Lactose-free Confectionery
Lactose-free Infant Formula
Distribution Channel:
Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Regional:
North Americas
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Cargill, Inc.
Galaxy Nutritional Foods, Inc.
Green Valley Organics
Edlong Dairy Technologies
Parmalat SpA
Valio Ltd.
Alpro
OMIRA Oberland-Milchverwertung
Crowley Foods
Arla Foods.
Danone SA
General Mills Inc.
Fonterra Co-operative Group Limited
Kerry Group PLC
Emmi AG
WhiteWave Foods
Barry Callebaut AG
HP Hood LLC
Valio Ltd
Daiya Foods Inc
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Material
Market Snippet, By Product Type
Market Snippet, By Packaging Type
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Tobacco Packaging Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Tobacco Packaging Market
Impact Analysis
5. Global Tobacco Packaging Market, By Material, 2019-2031, (US$ Bn & KT)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Plastic
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019- 2031
Segment Trends
Paper
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Paperboard
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
6. Global Tobacco Packaging Market, By Product Type, 2019-2031, (US$ Bn & KT)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Boxes
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Folding Cartons
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Films & Wraps
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Bags & Pouches
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
7. Global Tobacco Packaging Market, By Packaging Type, 2019-2031, (US$ Bn & KT)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Primary
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Secondary
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
8. Global Tobacco Packaging Market, By Region, 2019-2031 (US$ Bn & KT)
Introduction
Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2019 - 2031
North America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2031
Market Size and Forecast, By Material, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Packaging Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn & KT)
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2031
Market Size and Forecast, By Material, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Packaging Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn & KT)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2031
Market Size and Forecast, By Material, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Packaging Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn & KT)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Market Size and Forecast, By Material, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Packaging Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn & KT)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
Market Size and Forecast, By Material, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Product Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Packaging Type, 2019- 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn & KT)