The Lactose-Free Butter Market to Surpass US$ 1,643 Mn by 2032, Says FMI

The lactose-free butter market is anticipated to reach US$ 720 million in 2022 and US$ 1,643 million by 2032, at a CAGR of 8.6% between 2022 and 2032.

Growth is attributed to rising issues such as allergies or lactose intolerances across the globe. Health conscious consumers are shifting their preferences towards consuming more of lactose free products as an alternative to dairy products.

Lactase enzyme count in the body is maintained through consuming lactose free butter which helps in breaking down lactose in the body. Inability to digest lactose by a human body is termed as lactose intolerance.

Gas, bloating, and abdominal pain are few of its common symptoms when it is consumed in any form. In this case, consumers switch to lactose free butter and other products that aids in eradicating unpleasant and painful symptoms of lactose intolerance.

Besides this, rising number of diseases such as obesity, diabetes, and other health issues coupled with surging demand for sugar free, lactose free, and gluten-free products are few of the drivers predicted to boost the market in the coming years. Backed by these aforementioned factors, the demand for lactose free butter is expected to rise at an impressive rise over the forthcoming decade.

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Key Takeaways from Market Study

  • Europe is expected to dominate the global lactose free butter market, accounting about 32% by 2022
  • Germany is expected to account for the maximum market share of nearly 25% in Europe lactose free butter market
  • By product type, spreadable lactose free butter is expected to account for lion’s share of the global market by the end of 2032
  • By nature, organic lactose free butter is expected to dominate the global lactose free butter market over the assessment period
  • Online channel is expected to show an impressive growth in terms of distribution channels over the assessment period (2022-2032)

 “Demand for lactose free butter is increasing globally amid growing consumption of lactose free products across the globe. Also, growing trend of veganism across the globe is another factor driving the growth in the market”, says a Future Market Insights analyst.

Competitive Landscape

Various market players are adopting different marketing and promotional strategies such as partnerships, collaboration, merger and acquisitions, new product launches and geographical expansion.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global lactose free butter market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Global Lactose Free Butter Market By Category

By Product Type:

  • Spreadable
  • Non-Spreadable

By Nature:

  • Organic
  • Conventional

By Source:

  • Cream
  • Milk
  • Skimmed
  • Whole

By End Use:

  • HoReCa/Foodservice
  • Household/Retail
  • Food Industry
  • Bakery and Confectionery
  • Meat products
  • Infant Formula
  • Desserts

By Distribution Channel:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Independent Retailers
    • Online Retailers

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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The report covers exhaustive analysis on:

  • At what value is the lactose free butter market expected to reach?
  • How much is the global lactose free butter market expected to grow?
  • What strategies are adopted by the market players in the lactose free butter market?
  • What percent of share does the top 10 companies in the lactose free butter hold?
  • Which are the major countries driving demand for lactose free butter?

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About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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