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Global Lactose Free Butter Market By form (Powder, Liquid, semi-liquid); By applications (Household, Commercial); By Distributional channel (convenience stores, hypermarket/supermarket, e-retailers, specialty stores); and Region Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030

Region:Global

Author(s):

Product Code:FG40

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Published on

July 2020

Total pages

200

Table of Content

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About the Report

About the Report

Product overview
Lactose-free butter products are mainly made for lactose-intolerant people. A product without lactose contains far less content of lactose and gives consumers a nutritional value without adverse reactions. Lactose-free butter products provide those that are not capable of digesting lactose with the most necessary nutrients is present in standard dairy products, such as calcium and vitamins. The current health appeal to consumers in this category of products is widening and thus increasing the demand for this product.
Market Highlights
Fatpos Global anticipates the Lactose-free butter products market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%.  The popularity and demand of the lactose-free dairy products market globally are projected to experience impressive growth in the upcoming years due to the growing population intolerant to lactose across the globe. According to the report the market growth is fueled due to the advent of rising the worldwide popularity and demand for lactose-free dairy products in the coming years due to a growing global lactose intolerance population. Moreover, rising cases of food allergies, growing health benefits of lactose-free foods, increased organic food, and drink consumption are projected to drive global market growth over the forecast period.
Source: Fatpos Global
Recent highlights
  • In October 2016, The company's leading organic, lactose-free dairy food supplier, Green Valley Creamery, announces the launch of non-lactose butter, the first ever on the US lactose-free and organic certified commodity market
Global Lactose-free butter market: Segments
Global Lactose-Free Butter Market can be segmented on the basis of product type, applications, form. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East, and Africa
On the basis of form, the lactose-free dairy market can be categorized into powder, liquid, and semi-solid. The semi-solid segment is anticipated to register XX% of the volume share and is expected to grow at the highest CAGR.
On the basis of Application, the lactose-free dairy market can be categorized into household and commercial. Household accounted for XX% of the global volume in 2019 and is anticipated to grow at the highest CAGR
Rising demand from daily consumers for lactose-free butter drives the segment growth. By distribution channel (in %), global Lactose-free butter Market, 2019
Based on the distribution channel, the market for the lactose-free butter market is segmented into convenience stores, hypermarkets/supermarkets, e-retailers, and specialty stores. E-retailers accounted for XX% of the global volume in 2019 and is anticipated to grow at the highest CAGR. Due to the growing acceptability of online shopping and increasing internet penetration the E-retailers segment is expected to grow at a promising rate.
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.
Global Lactose-free butter market: Drivers and Restraints
Increase in per head expenditure on lactose-free products to propel market growth
Both developed and developing countries expect an increase in per-capita expenditure on milk products to drive growth in lactose-free butter products. During the forecast period, this rising market for lactose-free milk and butter gives dairy manufacturers substantial growth opportunities. It increases lactose-free butter consumption and sales across various national markets. The rise in the consumption of organic food and beverages also fuels the growth of the lactose-free butter market. Among the millennial population, the occurrence of lactose intolerance is contributing to the growth of lactose-free products. The recent healthy living trend has increased consumer understanding of ingredients in their food product. Shifting preference of consumers towards natural and organic food is on constant rise
Moreover, due to the rise in urbanization and the working population; there is a rise in demand for nutritional and better quality food.
The rising number of competitive firms to act as restraints
Rising tough competition from dairy substitutes, such as nuts and cereals, might hinder the growth of the lactose-free butter products market. Factors such as high comparative cost, lack of awareness about the benefits of lactose-free products, and unawareness about the harms of lactose especially in developing and rural areas may hamper the growth of the market.
Global Lactose-Free Butter Market: Regions
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.
The market in this segment for different forms of flavored lactose is expected to rise significantly in the future. The area also saw major rises in the number of the millennial population, which are the key consumers of food. The surge in the millennial population is therefore anticipated to bring significant business growth opportunities.
Source: Fatpos Global
Global Lactose-Free Butter Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – the United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Lactose-Free Butter Market: Key players
  • Nestle
    • Business Strategy
    • Key Product offerings
    • Financial performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Danone Company Inc.
  • Arla Foods
  • Valio International.
  • Galaxy Nutritional Foods
  • Kerry Group
  • Edlong Dairy Technologies
  • OMIRA GmbH
  • Fonterra Co-Operative Group Limited
  • Daiya Foods
  • Amul
  • McNeil Nutritionals
 
Global Lactose-Free Butter Market report also contains analysis on:
Global Lactose-Free Butter Market segments:-
  • By form:
    • Powder
    • Liquid
    • Semi-liquid
  • By applications:
    • Household
    • Commercial
  • By Distributional channel:
    • Convenience stores
    • Hypermarket/supermarket
    • E-retailers
    • Specialty stores
  • Global Lactose-Free Butter Market dynamics
  • Global Lactose-Free Butter Market size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints
FAQs on Global Lactose-Free Butter Market
  • Which segment is anticipated to hold the largest market share?
  • At what CAGR is the market anticipated to grow between 2020 and 2030?
  • Who are the key players in Global Lactose-Free Butter Market?
  • What could be the challenging factors for the growth of Global Lactose-Free Butter Market?
  • What are the growth drivers for Global Lactose-Free Butter Market?

Products

Table of Contents

Table of Contents

Contents       

  1. Executive Summary
  2. Lactose-free butter
    1. Product Overview
    2. Market Definition
    3. Segmentation
    4. Assumptions and Acronyms
  3. Research Methodology
    1. Research Objectives
    2. Primary Research
    3. Secondary Research
    4. Forecast Model
    5. Market Size Estimation
  4. Average Pricing Analysis
  5. Market Dynamics
    1. Growth Drivers
    2. Restraints
    3. Opportunity
    4. Trends
  6. Correlation & Regression Analysis
    1. Correlation Matrix
    2. Regression Matrix
  7. Recent Development, Policies & Regulatory Landscape
  8. Risk Analysis
    1. Demand Risk Analysis
    2. Supply Risk Analysis
  9. Lactose-free butter Industry Analysis
    1. Porters Five Forces
      1. The threat of New Entrants
      2. Bargaining Power of Suppliers
      3. Threat of Substitutes
      4. Rivalry
    2. PEST Analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
  10. Global Lactose-free butter Market
    1. Market Size & forecast, 2019A-2030F
      1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  11. Global Lactose-free butter Market: Market Segmentation
    1. By Regions
      1. North America:(U.S. and Canada)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      5. The Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)
        • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    2. By form: Market Share (2020-2030F)
      1. Powder, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      2. Liquid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
      3. Semi-liquid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  12. By  applications: Market Share (2020-2030F)
    1. Household, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    2. Commercial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  13. By  Distributional channel: Market Share (2020-2030F)
    1. Convenience stores , By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    2. Hypermarket/supermarket, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    3. E-retailers, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    4. Specialty stores, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
  14. Company Profile
    1. Nestle
      1. Company Overview
      2. Company Total Revenue (Financials)
      3. Market Potential
      4. Global Presence
      5. Key Performance Indicators
      6. SWOT Analysis
      7. Product Launch
    2. Danone Company Inc.
    3. Arla Foods
    4. Valio International.
    5. Galaxy Nutritional Foods
    6. Kerry Group
    7. Edlong Dairy Technologies
    8. OMIRA GmbH
    9. Fonterra Co-Operative Group Limited
    10. Daiya Foods
    11. Amul
    12. McNeil Nutritionals
  15. Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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