Take Up Global Lactose Market Opportunities with Clear Industry Data – Includes Lactose Market Trends
The Business Research Company’s report goes into great detail on the lactose market size and growth, lactose market regional analysis, lactose market competitive landscape, and other critical information needed to excel in the lactose industry.
Major players in the lactose market include Kerry Group, Saputo Inc., Lactalis Ingredients, Leprino Foods Company, Glanbia Plc, Lactose India Limited, Davisco Foods International Inc., DMK Deutsches Milchkontor GmbH, Molkerei MEGGLE Wasserburg GmbH & Co. KG, Royal FrieslandCampina, FrieslandCampina, Armor Proteines, Bayerische Milchindustrie eG, Milei GmbH, Fonterra Co-operative Group, and Agropur Cooperative.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global lactose market size is expected to grow from $1.20 billion in 2021 to $1.26 billion in 2022 at a compound annual growth rate (CAGR) of 4.6%. The global lactose market size is expected to grow to $1.41 billion in 2026 at a CAGR of 2.9%.
North America was the largest region in the lactose market in 2021.
The lactose market consists of sales of lactose products by entities (organization, sole-traders, and partnership) that consists of disaccharide of glucose and galactose units. Lactose is a sugar present in milk and is found in all kinds of dairy products made from milk such as ice cream and yogurt. It is found in milk in amounts ranging from 2–8%. Lactose is used in a large number of foodstuffs and in the pharmaceutical industry.
The rising demand for sports nutrition products is expected to fuel the lactose market growth.
Strategic collaborations are a key trend gaining popularity in the lactose market. Major companies operating in the lactose sector are focused on strategic collaborations to expand their product portfolio.
TBRC’s global lactose market report is segmented:
By Form: Powder, Granule
By Purity: Crude Lactose, Edible Lactose, Refined-Edible Grade Lactose
By Color: Yellow, Pale-Yellow to White, White
By End-Use: Food and Beverages, Confectionery, Animal Feed, Pharmaceutical, Cosmetics, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Lactose Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the lactose market globally and regionally, analyzes and forecasts market size, share, lactose market players, lactose market segments, leading competitor revenues, profiles and market shares.
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