Lactofree Yogurt Market Scope
Lactose is a disaccharide sugar that is present naturally only in milk. It is found in dairy products made from milk and milk derivates. Lactose intolerance is a biological problem, which is mainly caused by the inability to digest lactose. The symptom of lactose intolerance includes diarrhea, abdominal, cramps, and bloating. The growing lactose-intolerant population is majorly driving the growth of the global lactose-free dairy yogurt market.
The market study is being classified and major geographies with country level break-up.
The Lactose-free yogurt market is highly fragmented, with various small and medium-sized companies and a few big players, resulting in stiff competition in the market. The market has the presence of various family-owned private companies operating in distinct categories and their presence is limited to fewer countries across the region. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Lactofree Yogurt market throughout the predicted period.
Green Valley Creamery (United States), McNeil Nutritionals, LLC (United States), Valio International (Finland), Nestle SA (Switzerland), General Mills Inc. (United States), Mondelez International (United States), Arla Foods amba (Denmark), Saputo Dairy Products (Canda), The Danone Company Inc. (France), Dean Foods (United States) and Smith Dairy Products Co.(United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hiland Dairy (United States), Granarolo Group (Italy), Cabot Creamery Cooperative (United States) and Alpro (Belgium).
AdvanceMarketAnalytics has segmented the market of Global Lactofree Yogurt market by Type, Application and Region.
On the basis of geography, the market of Lactofree Yogurt has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
- Rising incidences of lactose-intolerance cases
- Growing several cases related to food allergies from different products containing lactose
- Increase in the consumption of organic food
- Increasing per capita expenditure on dairy products both in developed and developing countries
- Easy digestibility and enhanced bioavailability of the lactose-free dairy products
- Tough competition from dairy substitutes
- Stringent Government Regulations
Key Target AudienceGovernment Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
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