The global lactose free dairy products market is expected to reach market valuation of USD 13.5 Bn by the year 2022, accelerating with a CAGR of 5.5% by 2022-2032.
Lactose intolerance, affecting approximately 75% of people globally, has spurred a significant shift in dietary preferences. With over 40 million Americans and about one-third of the worldwide population grappling with lactose intolerance, the demand for lactose-free dairy products has skyrocketed.
Key Insights:
- Global Impact: Lactose intolerance, a prevalent condition affecting millions, drives consumers to avoid dairy products due to digestion difficulties. With a substantial global market opportunity, lactose-free dairy products cater to the needs of lactose-intolerant individuals.
- Regional Dynamics: Common in East Asia, with over 90% of adults affected in some populations, lactose intolerance creates a robust growth platform for lactose-free dairy products worldwide.
- Market Growth: Lactose-free dairy products present a growth opportunity, allowing lactose-intolerant consumers to enjoy dairy-based food items in desired quantities.
“Lactose free dairy product faces stiff competition from other plant-based food products, which has slowed down the growth potential of the market,” says Nandini Roy Choudhury, Client Partner at Future Market Insights
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Market Segmentation:
- Product Type Dominance: Lactose-free milk emerges as a major market segment, anticipated to hold a significant share over the forecast period.
- Regional Thrust: The North American market for lactose-free dairy products is poised for a lucrative growth rate of 5.8% during the forecast period.
- Organic Preference: Organic lactose-free dairy products are expected to secure a market share of over 40%, reflecting consumer preferences for organic and health-conscious choices.
- Form Factor Impact: Liquid forms of lactose-free dairy products are projected to capture a sizable portion of the market share during the forecast period.
Market Dynamics:
- Growing Consumer Base: The market addresses the needs of lactose-intolerant consumers, providing an avenue to incorporate dairy into their diets.
- Health-Conscious Choices: With lactose-free organic products gaining prominence, consumers lean towards healthier and sustainable dairy alternatives.
- Regional Foothold: North America stands out as a key region, experiencing robust growth in the lactose-free dairy products market
Leading Companies Profiled in Lactose Free Dairy Products Market are:
- Green Valley Creamery
- McNeil Nutritionals
- Valio International
- Alpro
- Arla Foods Amba
- Cabot Creamery Corporation
- Saputo Dairy rProducts
- The Danone Company
- Smith Dairy Products
- Hiland Dairy Foods
Competitive Landscape
Leading lactose free dairy products makers are preferring to create new products to provide customers with a wide range of options, while the less adopting tactics included expanding into new regions and raising knowledge about lactose-free dairy products:
- In 2020, Valio, a Finnish dairy and food firm, and Palmer Holland collaborated to distribute lactose-free milk powders. This was a critical step in bringing new value-added dairy components to the US market for both parties
- Danone launched a lactose-free food line in Spain, named Activia, with a few varieties to capitalize on the country’s lactose-free population
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Lactose Free Dairy Products Market by Category
By Product Type:
- Milk
- Condensed Milk
- Milk Powder
- Yogurt
- Ice cream
- Cheese
- Other Products
By Form:
- Liquid
- Semi-solid
- Powder
By Nature:
- Organic
- Conventional
By Sales Channel:
- Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
- Online Sales Channel
- Company Website
- E-commerce Platform
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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