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
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