Global Lactose Free Dairy Products Market Overview:
A major shift towards organic food and beverages in the Western European countries has been witnessed over the past few years due to increasing awareness about ethical and unethical synthetic ingredients in non-organic foods and beverages products among consumers. This trend has led to the increased production of organic milk in many countries. Rising lactose intolerant and lactose allergic population has also significantly contributed to the growth of the global lactose-free dairy market. Lactose is the sugar mainly found in dairy products. Dairy products contain lactose which gets digested with the help of enzyme lactase in the body. People who lack this enzyme are lactose intolerant. Lactose-free dairy product manufacturers add lactase to lactose-free milk which is an enzyme that breaks down lactose sugar found in dairy products, helping lactose-free dairy products to be consumed without experiencing gastrointestinal symptoms.
- Rising Organic Food and Beverages Consumption
- Limitations in the Usage of Plant-Based Products over Culinary Food Products
- Stringent Government Regulations for the Production of Organic Milk
- The Increasing Number of Lactose Intolerant and Lactose Allergy among Consumers
- Improving Global Economics
- The Shift of Consumers towards Organic Food and Beverages
- E-Retailers Might Emerge in the Upcoming Years Due to the Growing Acceptance Of Online Shopping And The Penetration Of The Internet
- Tough Competition among Dairy Substitutes Such As Nuts and Cereals May Hamper the Market
- Increasing Consumption of Lactose-Free Dairy Products Due To Huge Health Appeal
- Easy Digestibility, And Nutritional Benefits of the Lactose-Free Products
- Low Liquidity Raw Milk Market are some of the Challenges Faced by the Market Manufacturers
The market is fragmented by multinational players who offer 40-50% share of lactose-free dairy products in the market. The players are focusing on private label offerings and collaboration with retailers.
Some of the key players profiled in the report are Green Valley Creamery (United States), McNeil Nutritionals, LLC (United States), Valio Internationals (Europe), Alpro, Ltd. (United Kingdom), Cabot Creamery Cooperative, Inc. (United States), Saputo Inc. (United States), The Danone Company Inc. (France), Nestlé S.A. (Switzerland), Arla Foods (Denmark) and DSM N.V. (Europe). Analyst at AMA Research see United States Vendors to retain maximum share of Global Lactose Free Dairy Products market by 2025. Considering Market by Additives, the sub-segment i.e. Casein will boost the Lactose Free Dairy Products market.
October 2016, Green Valley Creamery, the leader in organic, lactose-free dairy products that taste great and meet diverse digestive needs, announces the launch of lactose-free butter, the first-ever on the United States market that is both lactose free and certified organic. Green Valley Creamery lactose-free butter is now available at Sprouts, Meijer, New Seasons, Gelson’s and Natural Food Coops nationwide with growing distribution into other store chains at a suggested retail price of USD 4.99 for a half-pound block.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Lactose Free Dairy Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Lactose Free Dairy Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Lactose-free dairy product producers/ processors, Commercial research & development (R&D) institutions, Raw material suppliers and distributors, Government and research organizations, Associations and industrial bodies, Retailers, supermarket, and hypermarket and Traders, exporters, and importers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.