Global Lactose-Free Infant Formula Market Size, Forecasts, And Opportunities – Includes Lactose-Free Infant Formula Market Share
Learn about the global lactose-free infant formula market through The Business Research Company, which provides information on lactose-free infant formula market size, lactose-free infant formula market drivers and restraints, lactose-free infant formula market players, the COVID-19 impact on the lactose-free infant formula market, and more.
The global lactose-free infant formula market size is expected to grow from $13.34 billion in 2021 to $14.79 billion in 2022 at a compound annual growth rate (CAGR) of 10.8%. The global lactose-free infant formula market size is expected to grow to $22.34 billion in 2026 at a CAGR of 10.9%.
The rising incidences of lactose intolerance are expected to propel the growth of the lactose-free infant formula market.
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The lactose-free infant formula market consists of sales of lactose-free infant formula products by entities (organizations, sole traders, and partnerships) that are used for infants with lactose intolerance. Lactose-free infant formula is designed for babies having difficulty digesting lactose that naturally occurs in breast and cow’s milk. Infants with lactose intolerance may not completely digest the lactose in milk which can cause them health problems like gas, stomach rumbling, cramping, bloating, and diarrhea.
Global Lactose-Free Infant Formula Market Segments Include:
By Type: Milk Infant Formula, Non-Milk Infant Formula
By Indication: Starting Formula, Specialized Formula, Follow-On Formula
By Application: Premature, Babies with Galactosemia, Infants with Cows Milk Protein Allergies, Others
By Distribution Channel: Supermarkets/Hypermarkets, Specialist Stores, Online Retail Stores, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the lactose-free infant formula market in 2021.
Product innovations are a key trend gaining popularity in the lactose-free infant formula market. Product innovation is the creation or introduction of a new good or launching the improved version of a previous good.
TBRC’s lactose-free infant formula market report covers:
Major Market Players: Nestle S.A, Valio Ltd, Danone S.A, Abbott, Silverson, Gimme the Good Stuff, Mead Johnson & Company LLC, Gerber, HiPP International, Vermont Organics, Perrigo Company plc, Earth’s Best, Nutricia, Dana Dairy Group, and Nurture Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Lactose-Free Infant Formula Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides lactose-free infant formula market overviews, analyzes and forecasts market size, share, lactose-free infant formula market players, lactose-free infant formula market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s lactose-free infant formula market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports From The Business Research Company:
Lactose Global Market Report 2022
Baby Food Global Market Report 2022
Lactose Free Food Global Market Report 2022
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