Lactose-free Dairy Products Market Outlook 2017-2023 Opportunities, Industry Analysis, Segmentation

Lactose-free products are prepared mainly by removing the sugar, lactose found in milk from them. Lactose may be intolerant to some people and cause bloating, intestinal gas, diarrhea, and nausea as side effects of lactose intolerance. Lactose intolerant people highly depend on lactose-0free products for their protein and mineral requirements. Lactose-free dairy products are easy to digest and are highly preferred by health-conscious individuals. The global lactose-free dairy products market is projected to grow with promising growth opportunities and reach high revenue figures in the forthcoming years, as per a thoroughly analyzed study by market Research Future (MRFR).

Prominent Key Players

The Danone Company Inc. (France), DSM N.V. (Netherlands), Nestlé S.A. (Switzerland), Arla Foods (Denmark), McNeil Nutritionals, LLC (U.S.), Green Valley Creamery (U.S.), Alpro, Ltd. (U.K), Valio International (Lithuania), Saputo Inc. (U.S.), Cabot Creamery Cooperative, Inc. (U.S.) are the notable players in the global lactose-free dairy products market.

Segmentation Analysis

The global lactose-free dairy product market has been segmented based on type, category, packaging type, and distribution channel.

By type, the global lactose-free dairy products market has been segmented into milk, milk powder, yogurt, ice-cream, butter & cheese, whey, and others.

By category, the global Lactose-Free Dairy Products Market has been segmented into organic and conventional.

By packaging type, the global lactose-free dairy products market has been segmented into bottles, cartons, tubs, and others.

By distribution channel, the global lactose-free dairy products market has been segmented into store-based and non-store based.

Regional Analysis

North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are the key markets for lactose-free dairy products. North America holds the maximum share of the global lactose-free dairy products market. Growing lactose-intolerant population in the region, especially in the US drives the growth of the North America market. APAC is poised to be the fastest growing market for lactose-free dairy products. Rising incidences of lactose intolerance coupled with greater availability of lactose-free products spur the growth of the market. Elevated levels of awareness and rise in disposable income in the region also support the growth of the market.

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Industry/ Innovation/ Related News:

In May 2018, DirectSens GmbH, an Austrian company, launched an enzymatic biosensor that is capable of fast, accurate measurement of lactose in milk and other dairy products. The equipment is beneficial especially for people with severe lactose intolerance.

In June 2018, Epigamia launched India's first all-natural, lactose-free artisanal Greek yogurt.

About Market Research Future:

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At The Insight Partners, we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr), & Consulting Services.