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Lactose-Free Products Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMCG21560

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Published on

November 2021

Total pages

231

Table of Content

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About the Report

About the Report

Lactose is a milk sugar that is broken down by the enzyme lactase, which is found in the small intestine. Lactose intolerance is the reduced ability to digest milk sugars, due to insufficient amounts of the gut enzyme called lactase. Lactose intolerance is generally harmless, but its symptoms can cause extreme discomfort. Symptoms of lactose intolerance appear after consuming lactose or dairy and include Bloating, Abdominal cramps, Diarrhea, and Gas. As per The Centers for Disease Control and Prevention, Diarrhea kills 2,195 children every day, more than AIDS, malaria, and measles combined. Also, diarrheal diseases account for 1 in 9 child deaths worldwide, making diarrhea the second leading cause of death among children under the age of 5.
As per the U.S. National Library of Medicine, approximately 65% of the human population has a reduced ability to digest lactose after infancy. Lactose intolerance in adulthood is most prevalent in people of East Asian descent, with 70 to 100% of people affected in these communities. Lactose intolerance is also very common in people of West African, Arab, Jewish, Greek, and Italian descent.
Also, as per Intermountain Healthcare, Estimates for lactose intolerance vary by ethnicity. African American and Asian ethnicities see a 75%-95% lactose intolerance rate, while northern Europeans have a lower rate at 18%-26% lactose intolerance.
Based on the type, the market is fragmented into milk, yogurt, ice cream, confectionery products, and others. The milk segment captured XX% market share in the Lactose-Free Products market in 2020 and dominated the market. The market share of this segment is proliferating on account of the rising number of lactose-intolerant people. As per National Center for Biotechnology Information (NCBI), nearly 65% of the global population is prone to lactose intolerance. However, the confectionery products segment would witness a considerable CAGR in the forthcoming years.
Based on the form, the market is fragmented into lactose-free, no-added-sugar/reduced sugar claims and reduced lactose. The no added sugar or reduced sugar claims segment captured XX% market share in the Lactose-Free Products market in 2020 and dominated the market.
Based on the category, the market is fragmented into organic and conventional. The conventional segment grabbed the major market share and dominated the market. However, the organic segment is expected to have the highest CAGR during the forthcoming years owing to the surging awareness among consumers.
Based on the Distribution channel, the market is fragmented into supermarkets/ hypermarkets, convenience stores, online, and others. The hypermarket/ supermarket segment grabbed major market share and dominated the market. The segment captured XX% market share in 2020. The segment is witnessing an uptick owing to the rising number of hypermarkets or supermarkets globally. However, the online segment is expected to witness the highest CAGR due to the proliferating e-commerce sector owing to the rising internet penetration.
For a better understanding of the market adoption of the Lactose-Free Products market, the market is analyzed based on its worldwide presence in the countries such as North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of World. North America constitutes a major market for the Lactose-Free Products industry and generated revenue of USD XX Million in 2020 owing to the increase in the disposable income of consumers coupled with the presence of numerous brands offering lactose-free products in the countries such as the U.S., and Canada.
Some of the major players operating in the market are The Coca-Cola Company, Nestle, Danone Company S.A., Gujarat Cooperative Milk Marketing Federation (Gcmmf), Valio Ltd, Johnson & Johnson, General Mills, Inc., Lifeway Foods, Inc., Lala U.S., Inc., and Smith foods, Inc., etc. Several M&As along with partnerships have been undertaken by these players to develop lactose-free products across the globe.

Products


Companies

Coca-Cola Company, Nestle, Danone Company S.A., Gujarat Cooperative Milk Marketing Federation (Gcmmf), Valio Ltd, Johnson & Johnson, General Mills, Inc., Lifeway Foods, Inc., Lala U.S., Inc., and Smith foods, Inc.

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Limitation

1.3. Stake Holders

1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Process of the Lactose-Free Products Market

2.2. Research Methodology of the Lactose-Free Products Market

2.3. Forecasting Method

2.4. Respondent Profile

2.5. Main Objective of the Lactose-Free Products Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL LACTOSE-FREE PRODUCTS MARKET COVID-19 IMPACT

6 GLOBAL LACTOSE-FREE PRODUCTS MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY TYPE

7.1. Milk

7.2. Yogurt

7.3. Ice-cream

7.4. Confectionery products

7.5. Others

8 MARKET INSIGHTS BY FORM

8.1. Lactose-free

8.2. No added sugar/ Reduced sugar claims

8.3. Reduced lactose

9 MARKET INSIGHTS BY CATEGORY

9.1. Organic

9.2. Conventional

10 MARKET INSIGHTS BY DISTRIBUTION CHANNEL

10.1. Supermarket & Hypermarket

10.2. Convenience Store

10.3. Online

10.4. Others

11 MARKET INSIGHTS BY REGION

11.1. North America Lactose-Free Products Market

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. Europe Lactose-Free Products Market

11.2.1. United Kingdom

11.2.2. Germany

11.2.3. France

11.2.4. Italy

11.2.5. Spain

11.2.6. Rest of Europe

11.3. Asia Pacific Lactose-Free Products Market

11.3.1. China

11.3.2. Japan

11.3.3. India

11.3.4. Australia

11.3.5. South Korea

11.3.6. Rest of Asia Pacific

11.4. Rest of World Lactose-Free Products Market

12 LACTOSE-FREE PRODUCTS MARKET DYNAMICS

12.1. Market Drivers

12.2. Market Challenges

12.3. Impact Analysis

13 LACTOSE-FREE PRODUCTS MARKET OPPORTUNITIES

14 LACTOSE-FREE PRODUCTS MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

16.1. Demand Side Analysis

16.2. Supply Side Analysis

16.2.1. Top Product Launches

16.2.2. Top Business Partnerships

16.2.3. Top Business Expansions, Investments and Divestitures

16.2.4. Top Merger and Acquisitions

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

18.1. Competitive Landscape

18.1.1. Company Shares, By Revenue

19 COMPANY PROFILED

19.1. The Coca-Cola Company

19.2. Nestle

19.3. Danone Company S.A.

19.4. Gujarat Cooperative Milk Marketing Federation (Gcmmf)

19.5. Valio Ltd

19.6. Johnson & Johnson Services, Inc.

19.7. General Mills, Inc.

19.8. Lifeway Foods, Inc.

19.9. Lala U.S., Inc.

19.10. Smithfoods, Inc.

20 DISCLAIMER

 

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