Global Lactose Free Products Market
Global Lactose Free Products Market

Lactose Free Products Comprehensive Study by Type (Milk, Yogurt, Cheese, Ice Cream, Others), Sales Channel (Online {E-Commerce Stores}, Offline {Speciality Stores, Hyper Markets, Super Markets, Departmental Stores and Convenience Stores}), Packaging (Tetra Pack, Glass Jars, Plastic Jars, Plastic Packet, Others), Source (Dairy Based, Non Dairy Based)

Lactose Free Products Market Segmented into XX Submarkets. | Forecast Years: 2021- 2026  

Aug 2021 Edition 206 Pages 217 Tables & Figures
  • Summary
  • Market Segments
  • Table of Content
  • List of Tables & Figures
  • Companies Mentioned
What is Lactose Free Products?
Lactose Free Products is a lactose-free commercial dairy product. Lactose is a kind of sugar present in milk products that some individuals have trouble digesting. Lactose-free milk is created by combining lactase with normal cow's milk. Lactase is an enzyme that breaks down lactose in the body and is generated by those who tolerate dairy products. The Lactose free products has very similar texture, taste as well as nutrient components as regular dairy products. Protein, calcium, phosphorus, vitamin B12, riboflavin, and vitamin D are all found in lactose-free milk. Globally rising number of lactose intolerant patient is leading to acceleration in the growth of the lactose free products. Although there relative expensive costs may hamper the short term prospect of the market. North America and Europe is currently the two prominent markets of lactose free products.

The market study is broken down by Type (Milk, Yogurt, Cheese, Ice Cream and Others) and major geographies with country level break-up.

Growing number of lactose intolerant people globally has led to diary and non-diary producers to innovate and provide lactose free products. This surge in the demand has led to large scale positive outcomes on the lactose free products. The major constraint in the lactose free products is its high cost, the lack of its availability in developing countries. North America and Europe are the two prominent markets of lactose free products. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

Danone S.A. (France), Nestlé S.A. (Switzerland), General Mills, Inc. (United States), Valio Ltd (Finland), Gujarat Cooperative Milk Marketing Federation (India), Organic Valley (United States), Dean Foods (United States), Saputo Inc. (Canada), Fonterra Co-operative Group Limited (New Zealand) and Royal FrieslandCampina N.V. (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Prairie Farms Dairy Inc. (United States), Meggle (Germany) and Granlatte Societa Cooperativa Agricola ARL (Italy).

Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Lactose Free Products market by Type, Application and Region.

On the basis of geography, the market of Lactose Free Products has been segmented into . If we see Market by Sales Channel , the sub-segment i.e. Online {E-Commerce Stores} will boost the Lactose Free Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Tetra Pack will boost the Lactose Free Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Dairy Based will boost the Lactose Free Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Market Leaders and their expansionary development strategies
In 2021, Danone S.A., a France based multinational food products corporation specialised in dairy has announced acquisition of Follow Your Heart, which is a United States based vegan dairy maker. The acquisition in line with Danone’s strategy of expanding its plant based or vegan portfolio due to globally growing veganism culture. The acquisition is expected to even benefit Follow Your Heart to increase innovation and introduce new products to its line as well as expand its presence in other markets.
In 2021, good culture, LLC, a United States based dairy brand of Cultured Foods has announced launch of its new lactose free product range. The lactose free products include Lactose-Free Cottage Cheese, Squeezable Lactose-Free Sour Cream Pouch, and Lactose-Free Sour Cream Tubs. The aim of this launch is to expand the consumer base by providing better gut friendly and probiotic based lactose free dairy options.


Market Trend
  • Milk Segment Dominates the Market Share of Lactose Free Products Market

Market Drivers
  • Rising Patients Suffering from Lactose Intolerance
  • Growing Awareness about Health Issues Associated with Lactose in Developed Countries
  • Growing Vegan Culture thus Driving Shift towards Lactose Free Vegan Milk and Other Related Products

Opportunities
  • Other Added Segments such as Reduced Sugar or No Sugar Segment can present an Opportunity for Value Addition

Restraints
  • Higher Costs Compared to Regular Milk Products

Challenges
  • Lack of Lactose Free Products in Developing Countries


Key Target Audience
Lactose Free Products Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand company’s positioning regarding market value, volume and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.

Frequently Asked Questions (FAQ):

1. What all players are profiled in the study?
The standard version of the report profiles players such as Danone S.A. (France), Nestlé S.A. (Switzerland), General Mills, Inc. (United States), Valio Ltd (Finland), Gujarat Cooperative Milk Marketing Federation (India), Organic Valley (United States), Dean Foods (United States), Saputo Inc. (Canada), Fonterra Co-operative Group Limited (New Zealand) and Royal FrieslandCampina N.V. (Netherlands) etc.

2. Can we have customized study for Lactose Free Products Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.

3. What would be the Market Size of Lactose Free Products Market by 2026?
Analysts at AMA estimates Lactose Free Products Market to reach USD Million by 2026.
Report Objectives / Segmentation Covered
By Type
  • Milk
  • Yogurt
  • Cheese
  • Ice Cream
  • Others
By Sales Channel
  • Online {E-Commerce Stores}
  • Offline {Speciality Stores, Hyper Markets, Super Markets, Departmental Stores and Convenience Stores}

By Packaging
  • Tetra Pack
  • Glass Jars
  • Plastic Jars
  • Plastic Packet
  • Others

By Source
  • Dairy Based
  • Non Dairy Based

By Regions
    • 1. Market Overview
      • 1.1. Introduction
      • 1.2. Scope/Objective of the Study
        • 1.2.1. Research Objective
    • 2. Executive Summary
      • 2.1. Introduction
    • 3. Market Dynamics
      • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Patients Suffering from Lactose Intolerance
        • 3.2.2. Growing Awareness about Health Issues Associated with Lactose in Developed Countries
        • 3.2.3. Growing Vegan Culture thus Driving Shift towards Lactose Free Vegan Milk and Other Related Products
      • 3.3. Market Challenges
        • 3.3.1. Lack of Lactose Free Products in Developing Countries
      • 3.4. Market Trends
        • 3.4.1. Milk Segment Dominates the Market Share of Lactose Free Products Market
    • 4. Market Factor Analysis
      • 4.1. Porters Five Forces
      • 4.2. Supply/Value Chain
      • 4.3. PESTEL analysis
      • 4.4. Market Entropy
      • 4.5. Patent/Trademark Analysis
    • 5. Global Lactose Free Products, by Type, Sales Channel , Packaging and Source (value) (2015-2020)
      • 5.1. Introduction
      • 5.2. Global Lactose Free Products (Value)
        • 5.2.1. Global Lactose Free Products by: Type (Value)
          • 5.2.1.1. Milk
          • 5.2.1.2. Yogurt
          • 5.2.1.3. Cheese
          • 5.2.1.4. Ice Cream
          • 5.2.1.5. Others
        • 5.2.2. Global Lactose Free Products by: Source (Value)
          • 5.2.2.1. Dairy Based
          • 5.2.2.2. Non Dairy Based
    • 6. Lactose Free Products: Manufacturers/Players Analysis
      • 6.1. Competitive Landscape
        • 6.1.1. Market Share Analysis
          • 6.1.1.1. Top 3
          • 6.1.1.2. Top 5
      • 6.2. Peer Group Analysis (2020)
      • 6.3. BCG Matrix
      • 6.4. Company Profile
        • 6.4.1. Danone S.A. (France)
          • 6.4.1.1. Business Overview
          • 6.4.1.2. Products/Services Offerings
          • 6.4.1.3. Financial Analysis
          • 6.4.1.4. SWOT Analysis
        • 6.4.2. Nestlé S.A. (Switzerland)
          • 6.4.2.1. Business Overview
          • 6.4.2.2. Products/Services Offerings
          • 6.4.2.3. Financial Analysis
          • 6.4.2.4. SWOT Analysis
        • 6.4.3. General Mills, Inc. (United States)
          • 6.4.3.1. Business Overview
          • 6.4.3.2. Products/Services Offerings
          • 6.4.3.3. Financial Analysis
          • 6.4.3.4. SWOT Analysis
        • 6.4.4. Valio Ltd (Finland)
          • 6.4.4.1. Business Overview
          • 6.4.4.2. Products/Services Offerings
          • 6.4.4.3. Financial Analysis
          • 6.4.4.4. SWOT Analysis
        • 6.4.5. Gujarat Cooperative Milk Marketing Federation (India)
          • 6.4.5.1. Business Overview
          • 6.4.5.2. Products/Services Offerings
          • 6.4.5.3. Financial Analysis
          • 6.4.5.4. SWOT Analysis
        • 6.4.6. Organic Valley (United States)
          • 6.4.6.1. Business Overview
          • 6.4.6.2. Products/Services Offerings
          • 6.4.6.3. Financial Analysis
          • 6.4.6.4. SWOT Analysis
        • 6.4.7. Dean Foods (United States)
          • 6.4.7.1. Business Overview
          • 6.4.7.2. Products/Services Offerings
          • 6.4.7.3. Financial Analysis
          • 6.4.7.4. SWOT Analysis
        • 6.4.8. Saputo Inc. (Canada)
          • 6.4.8.1. Business Overview
          • 6.4.8.2. Products/Services Offerings
          • 6.4.8.3. Financial Analysis
          • 6.4.8.4. SWOT Analysis
        • 6.4.9. Fonterra Co-operative Group Limited (New Zealand)
          • 6.4.9.1. Business Overview
          • 6.4.9.2. Products/Services Offerings
          • 6.4.9.3. Financial Analysis
          • 6.4.9.4. SWOT Analysis
        • 6.4.10. Royal FrieslandCampina N.V. (Netherlands)
          • 6.4.10.1. Business Overview
          • 6.4.10.2. Products/Services Offerings
          • 6.4.10.3. Financial Analysis
          • 6.4.10.4. SWOT Analysis
    • 7. Global Lactose Free Products Sale, by Type, Sales Channel , Packaging and Source (value) (2021-2026)
      • 7.1. Introduction
      • 7.2. Global Lactose Free Products (Value)
        • 7.2.1. Global Lactose Free Products by: Type (Value)
          • 7.2.1.1. Milk
          • 7.2.1.2. Yogurt
          • 7.2.1.3. Cheese
          • 7.2.1.4. Ice Cream
          • 7.2.1.5. Others
        • 7.2.2. Global Lactose Free Products by: Source (Value)
          • 7.2.2.1. Dairy Based
          • 7.2.2.2. Non Dairy Based
    • 8. Appendix
      • 8.1. Acronyms
    • 9. Methodology and Data Source
      • 9.1. Methodology/Research Approach
        • 9.1.1. Research Programs/Design
        • 9.1.2. Market Size Estimation
        • 9.1.3. Market Breakdown and Data Triangulation
      • 9.2. Data Source
        • 9.2.1. Secondary Sources
        • 9.2.2. Primary Sources
      • 9.3. Disclaimer
    List of Tables
    • Table 1. Lactose Free Products: by Type(USD Million)
    • Table 2. Lactose Free Products: by Source(USD Million)
    • Table 3. Company Basic Information, Sales Area and Its Competitors
    • Table 4. Company Basic Information, Sales Area and Its Competitors
    • Table 5. Company Basic Information, Sales Area and Its Competitors
    • Table 6. Company Basic Information, Sales Area and Its Competitors
    • Table 7. Company Basic Information, Sales Area and Its Competitors
    • Table 8. Company Basic Information, Sales Area and Its Competitors
    • Table 9. Company Basic Information, Sales Area and Its Competitors
    • Table 10. Company Basic Information, Sales Area and Its Competitors
    • Table 11. Company Basic Information, Sales Area and Its Competitors
    • Table 12. Company Basic Information, Sales Area and Its Competitors
    • Table 13. Lactose Free Products: by Type(USD Million)
    • Table 14. Lactose Free Products: by Source(USD Million)
    • Table 15. Research Programs/Design for This Report
    • Table 16. Key Data Information from Secondary Sources
    • Table 17. Key Data Information from Primary Sources
    List of Figures
    • Figure 1. Porters Five Forces
    • Figure 2. Supply/Value Chain
    • Figure 3. PESTEL analysis
    • Figure 4. Global Lactose Free Products: by Type USD Million (2015-2020)
    • Figure 5. Global Lactose Free Products: by Source USD Million (2015-2020)
    • Figure 6. Global Lactose Free Products share by Players 2020 (%)
    • Figure 7. Global Lactose Free Products share by Players (Top 3) 2020(%)
    • Figure 8. Global Lactose Free Products share by Players (Top 5) 2020(%)
    • Figure 9. BCG Matrix for key Companies
    • Figure 10. Danone S.A. (France) Revenue, Net Income and Gross profit
    • Figure 11. Danone S.A. (France) Revenue: by Geography 2020
    • Figure 12. Nestlé S.A. (Switzerland) Revenue, Net Income and Gross profit
    • Figure 13. Nestlé S.A. (Switzerland) Revenue: by Geography 2020
    • Figure 14. General Mills, Inc. (United States) Revenue, Net Income and Gross profit
    • Figure 15. General Mills, Inc. (United States) Revenue: by Geography 2020
    • Figure 16. Valio Ltd (Finland) Revenue, Net Income and Gross profit
    • Figure 17. Valio Ltd (Finland) Revenue: by Geography 2020
    • Figure 18. Gujarat Cooperative Milk Marketing Federation (India) Revenue, Net Income and Gross profit
    • Figure 19. Gujarat Cooperative Milk Marketing Federation (India) Revenue: by Geography 2020
    • Figure 20. Organic Valley (United States) Revenue, Net Income and Gross profit
    • Figure 21. Organic Valley (United States) Revenue: by Geography 2020
    • Figure 22. Dean Foods (United States) Revenue, Net Income and Gross profit
    • Figure 23. Dean Foods (United States) Revenue: by Geography 2020
    • Figure 24. Saputo Inc. (Canada) Revenue, Net Income and Gross profit
    • Figure 25. Saputo Inc. (Canada) Revenue: by Geography 2020
    • Figure 26. Fonterra Co-operative Group Limited (New Zealand) Revenue, Net Income and Gross profit
    • Figure 27. Fonterra Co-operative Group Limited (New Zealand) Revenue: by Geography 2020
    • Figure 28. Royal FrieslandCampina N.V. (Netherlands) Revenue, Net Income and Gross profit
    • Figure 29. Royal FrieslandCampina N.V. (Netherlands) Revenue: by Geography 2020
    • Figure 30. Global Lactose Free Products: by Type USD Million (2021-2026)
    • Figure 31. Global Lactose Free Products: by Source USD Million (2021-2026)
    Some of the key companies/manufacturers profiled in the report
    • Danone S.A. (France)
    • Nestlé S.A. (Switzerland)
    • General Mills, Inc. (United States)
    • Valio Ltd (Finland)
    • Gujarat Cooperative Milk Marketing Federation (India)
    • Organic Valley (United States)
    • Dean Foods (United States)
    • Saputo Inc. (Canada)
    • Fonterra Co-operative Group Limited (New Zealand)
    • Royal FrieslandCampina N.V. (Netherlands)
    Additional players considered in the study are as follows:
    Prairie Farms Dairy Inc. (United States) , Meggle (Germany) , Granlatte Societa Cooperativa Agricola ARL (Italy)
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