The global A2 lactose-free milk market was valued at USD 612.0 million in 2023. It is poised to witness impressive growth in the forecast period from 2023 to 2033. The market is projected to expand at a CAGR of 19.7%, reaching a value of USD 1,393.0 million in 2033.
The A2 lactose-free milk market is witnessing substantial growth and interest, driven by rising demand for dairy alternatives that cater to lactose intolerance, a condition increasingly prevalent worldwide.
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Driven by increased consumer awareness of lactose intolerance and the demand for dairy products perceived as easier on digestion, the market for A2 lactose-free milk has grown significantly. A2 lactose-free milk is gaining popularity not only in its home countries but also in various international markets. Companies are expanding their distribution networks to reach a broader consumer audience with A2 lactose-free milk.
The positive growth outlook for the A2 lactose-free milk market is driven by the rising demand for nutritious foods, the potential of A2 milk to alleviate irritable bowel syndrome, and the increasing trend toward dietary adjustments. These factors together contribute to the market’s promising growth trajectory.
Key Takeaways from the Report-
- Throughout the forecast period, the A2 lactose-free milk market is expected to rise at a CAGR of 19.7%.
- The United States is expected to hold a share of 31.0% in global A2 lactose-free milk.
- Based on packaging, the tetra pack segment is expected to hold a market share of 58.0% in 2023
- By 2033, the A2 lactose-free milk market is expected to be worth US$ 1,393.0 million.
- China is estimated to exhibit a value CAGR of 6.3% during the forecast period.
Competitive Landscape
Acquisitions and mergers benefit companies by improving their product quality and expanding their market reach. Combining resources, expertise, and customer base can lead to access to new technology, distribution channels, manufacturing facilities, and talent.
Similar to this, introducing new items can help companies remain competitive and adapt to the shifting needs of their clientele. This would help in enabling them to expand their market share while drawing in new business and keeping hold of their current clientele.
Key Companies Profiled
- Shoonya Farms
- Horizon Organic
- The a2 Milk Company
- Fonterra
- Provilac Dairy Farms Private Limited
- Alexandre Family Farm
- Organic Valley
- Green Valley
- Other Players
For instance,
- In 2022, the A2 Milk Company launched an A2 lactose-free milk product in Australia, responding to the growing demand for lactose-free milk.
- In 2023, The A2 Milk Company launched its Premium A2 Platinum® Infant Formula in the United States.
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A2 Lactose-free Milk Market Outlook by Category
By Form:
- Powder
- Liquid
By Application:
- Infant Formula
- Dairy Product
- Butter
- Cheese
- Yogurt
- Milk Powder
- Ice Cream
- Others
- Bakery and Confectionery
- Milk and Milk-based Beverages
By Packaging:
- Tetra Packs
- Glass Bottles
- Plastic Bottles and Pouches
- Cans
By Distribution Channel:
- B2B
- B2C
- Store-based Retailing
- Hypermarkets/Supermarkets
- Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Retailing
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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