Global Lactose-Free Milk Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Lactose-free milk is cow milk with added natural enzyme lactase, an enzyme that breaks down the milk-sugar lactose into more easily digestible sugars, glucose and galactose, so it’s easier to digest. Milk does have lactose, which is the naturally occurring sugar. The lactose in milk is hard to digest for some people (lactose intolerant), so adding the lactase enzyme breaks down the lactose into sugars making it more digestible for them. Therefore, since the lactose is converted to sugar, the term “lactose free”.
According to our (Global Info Research) latest study, the global Lactose-Free Milk market size was valued at US$ 4577 million in 2023 and is forecast to a readjusted size of USD 8726 million by 2030 with a CAGR of 9.8% during review period.
Global Lactose-Free Milk key players include Hood Dairy, Fairlife, Valio, etc. Global top three manufacturers hold a share about 35%.
North America is the largest market, with a share about 35%, followed by Europe and China, both have a share about 40 percent.
In terms of product, Fat-Free Milk is the largest segment, with a share about 45%. And in terms of application, the largest application is Adults, followed by Baby.
This report is a detailed and comprehensive analysis for global Lactose-Free Milk market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by User. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Lactose-Free Milk market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030
Global Lactose-Free Milk market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030
Global Lactose-Free Milk market size and forecasts, by Type and by User, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030
Global Lactose-Free Milk market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lactose-Free Milk
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lactose-Free Milk market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hood Dairy, Fairlife, Organic Valley, Danone, Dean Foods, Seprod, Natrel, Valio, Arla, Sterilgarda, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lactose-Free Milk market is split by Type and by User. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by User in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Whole Milk
Low-Fat Milk
Fat-Free Milk
Market segment by User
Baby
Adults
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lactose-Free Milk product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lactose-Free Milk, with price, sales quantity, revenue, and global market share of Lactose-Free Milk from 2019 to 2024.
Chapter 3, the Lactose-Free Milk competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lactose-Free Milk breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by User, with sales market share and growth rate by Type, by User, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Lactose-Free Milk market forecast, by regions, by Type, and by User, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lactose-Free Milk.
Chapter 14 and 15, to describe Lactose-Free Milk sales channel, distributors, customers, research findings and conclusion.