The Lactose Free Food Market Is Estimated To Reach $22.69 Billion By 2027 At A CAGR Of 12.7% – Includes Lactose Free Food Market Size
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
An increasing number of people with lactose intolerance are expected to drive innovation in lactose free food manufacturing, thus driving the market during the forecast period.
The global lactose free food market is expected to grow from $12.33 billion in 2022 to $14.07 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The global lactose free food market size is expected to grow from $22.69 billion in 2027 at a CAGR of 12.7%.
Get A Free Sample On The Global Lactose Free Food Market Report:
Global Lactose Free Food Market Segments Include:
- By Type: Lactose-Free Products, Lactose-Reduced Products
- By Application: Milk, Cheese, Yogurt, Ice-Cream, Non-Diary Products, Other Applications
- By Distribution Channel: Supermarkets/Hypermarkets, Online Stores, Other Distribution Channels
- By Source: Rice, Almond, Soy, Hemp Milks, Coconut
- By Technology: Chromatographic Separation, Acid Hydrolysis, Membrane Reactor
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global lactose free food market in 2021.
Major Market Players in the lactose free food market include Arla Foods, McNeil Nutritionals, OMIRA Oberland-Milchverwertung (OMIRA), Parmalat, Valio, Alpro, Amy’s Kitchen, Barry Callebaut, Cargill, and Chr. Hansen.
The launch of new lactose-free products is a leading trend contributing to the market’s expansion. In June 2022, Provilac, an India-based premium milk home delivery company, announced the launch of free-cow milk for those with a sensitive digestive system. Provilac’s lactose-free milk is produced by adding “Lactase”, a catalytic enzyme that breakdown lactose into glucose without jeopardizing the integrity of the milk. This scenario of new product developments is likely to surge the revenues for lactose-free food market over the forecast period.
The Lactose Free Food Global Market Report 2023 provides a lactose free food market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The lactose free food market forecast analyzes lactose free food market size, lactose free food market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Lactose is a sugar found in milk and food with ingredients including milk and whey. Lactose-free food is used as an alternative to dairy-free food items. Lactose-free dairy products contain an enzyme called lactase that helps in breaking down milk sugar galactose to avoid stomach problems such as abdominal cramping, gas, diarrhea, and bloating in people with lactose intolerance.
Explore Similar Reports From The Business Research Company:
Dairy Food Global Market Report 2023
Milk Substitutes (Nondairy Milk) Global Market Report 2023
Dairy Alternatives Global Market Report 2023
Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Check out our:
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: