Global Lactose-Reduced and Lactose-Free Will Reach USD 29,971.76 mn by the end of 2024- New Study

The global lactose-reduced & lactose-free dairy products market is expected to grow from USD 16,493.42 million 2017 to USD 29,971.76 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 8.91%.

“Increasing consumption of dairy productsis one of the factors largely attributing to the growth of lactose-reduced & lactose-free dairy products market globally”

The factors attributing to the growth of the market are increasing consumption of dairy products, increase in self-diagnosed cases of lactose intolerance in the us and europe, and introduction of low-cost lactose-free dairy products for the health-conscious population. However, some factors such as alternative dairy products are not much popular among consumers, and inability to match the taste of milk rich dairy products may hinder the market growth. The global lactose-reduced & lactose-free dairy products market is expected to showcase the opportunities such as increasing demand from emerging markets in china, argentina, mexico, saudi arabia and hungary, and increasing demand for lactose-free baby food due to premium positioning as special infant formula. In the near future, the market may face the possible challenges in the growth due to and inadequate food labeling misleading consumers. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global lactose-reduced & lactose-free dairy products market market.”Semi-Solid: The highest growing form for the global lactose-reduced & lactose-free dairy products market”

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On the basis of form, the global lactose-reduced & lactose-free dairy products market is studied across Liquid, Powder, and Semi-Solid. Among all these form, the Semi-Solid is projected to hold the largest market share while the Semi-Solid has the potential to grow the market with the highest CAGR in the forecast period.”Yogurt: The highest growing product for the global lactose-reduced & lactose-free dairy products market”

On the basis of product, the global lactose-reduced & lactose-free dairy products market is studied across Butter & Cheese, Dietary Supplements, Flavoured Milk, Ice-cream, Infant Formula, Milk, and Yogurt. Among all these product, the Yogurt is projected to hold the largest market share while the Butter & Cheese has the potential to grow the market with the highest CAGR in the forecast period.”Conventional: The highest growing source for the global lactose-reduced & lactose-free dairy products market”

On the basis of source, the global lactose-reduced & lactose-free dairy products market is studied across Conventional and Organic. Among all these source, the Conventional is projected to hold the largest market share while the Organic has the potential to grow the market with the highest CAGR in the forecast period.”Offline Mode: The highest growing distribution channel for the global lactose-reduced & lactose-free dairy products market”

On the basis of distribution channel, the global lactose-reduced & lactose-free dairy products market is studied across Offline Mode and Online Mode. Among all these distribution channel, the Offline Mode has captured the maximum market share while the Online Mode has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global lactose-reduced & lactose-free dairy products market”

On the basis of geography, the global lactose-reduced & lactose-free dairy products market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.

“Arctic Zero: The potential growing player for the global lactose-reduced & lactose-free dairy products market”

The key players profiled in the global lactose-reduced & lactose-free dairy products market are Arctic Zero, Arla Foods, Dairy Management Inc., Dean Foods, Fairlife L.L.C., Green Valley Creamery, Lifeway Foods Inc., McNeil Nutritionals, LLC, Murray Goulburn Co-Operative, Nestle S.A., Shamrock Foods Company, The Danone Company Inc., and Valio International.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global lactose-reduced & lactose-free dairy products market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global lactose-reduced & lactose-free dairy products market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global lactose-reduced & lactose-free dairy products market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global lactose-reduced & lactose-free dairy products market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global lactose-reduced & lactose-free dairy products market.

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Table of Content

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Stakeholders
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
2.1.1.1. Secondary Instrument
2.1.1.2. Primary Instrument
2.1.2. Research Approaches
2.1.2.1. Bottom-up Approach
2.1.2.2. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
4. Premium Insight
4.1. Market Connectivity
4.2. Market Data Feed
4.3. Market Vendor Ranking Analysis
4.4. Market Dynamics
4.4.1. Drivers
4.4.1.1. Increasing consumption of dairy products
4.4.1.2. Increase in self-diagnosed cases of lactose intolerance in the US and Europe
4.4.1.3. Introduction of low-cost lactose-free dairy products for the health-conscious population
4.4.2. Restraints
4.4.2.1. Alternative dairy products are not much popular among consumers
4.4.2.2. Inability to match the taste of milk rich dairy products
4.4.3. Opportunities
4.4.3.1. Increasing demand from emerging markets in China, Argentina, Mexico, Saudi Arabia and Hungary
4.4.3.2. Increasing demand for lactose-free baby food due to premium positioning as special infant formula
4.4.4. Challenges
4.4.4.1. Inadequate food labeling misleading consumers
4.5. Porter’s Five Forces Analysis
4.5.1. Threat of New Entrants
4.5.2. Threat of Substitutes
4.5.3. Bargaining Power of Customers
4.5.4. Bargaining Power of Suppliers
4.5.5. Industry Rivalry
4.6. Pricing Analysis
4.7. Consumption Pattern and Trends
4.8. Milk Consumption and Lactose (In)Tolerance Analysis by Geography
4.9. Value Chain Analysis

Continued…

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Posted by on Monday March 25 2019, 3:00 PM EDT. All trademarks acknowledged. Filed under Agriculture, Beverages, Food, Food & Beverage. Comments and Trackbacks closed. Follow responses: RSS 2.0

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