The lactose free food market size is expected to see rapid growth in the next few years. It will grow to $29.11 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. Forecasted growth is due to health trends, product innovation, plant-based demand, e-commerce expansion, customized nutrition, collaborations. Major trends include diagnostic tech, snack sector expansion, lactase tech advancement, dairy-free innovations, health-driven market growth.
The growing number of individuals with lactose intolerance is expected to drive increased demand for lactose-free food products. Lactose intolerance, a digestive condition resulting from the inability to digest lactose found in dairy products, affects approximately 65% to 90% of adults, and 5% to 15% of the population in Europe, according to the National Library of Medicine. This rising prevalence of lactose intolerance is anticipated to fuel the demand for lactose-free food items in the coming years.
The lactose-free food market is expected to experience growth due to changing consumer lifestyles and an increasing focus on health-conscious choices. As consumers increasingly prioritize healthier dietary and lifestyle choices, there is a growing awareness of lactose-free foods that cater to specific dietary preferences, restrictions, and digestive health. Notably, Koninklijke DSM N.V., a Netherlands-based health and bioscience company, reported that in response to the global pandemic, 60% of consumers worldwide are more concerned about their health, emphasizing the importance of leading healthy lives to prevent health issues. Additionally, data from Food Insight, a US-based non-profit organization, indicated that in 2022, 52% of participants in the Food and Health Survey followed specific diets or eating patterns, with preferences including clean eating, mindful eating, and calorie counting. These shifts in health-conscious consumer behaviors are significant drivers for the growth of the lactose-free food market.
The lactose-free food market is anticipated to face challenges due to stiff competition from dairy alternatives. The availability of a wide range of dairy alternatives, including products such as cheese, butter, ice cream, and milk made from non-dairy ingredients such as soy, rice, and almonds, poses a competitive threat to lactose-free food items. Despite logistical challenges during the COVID-19 pandemic, U.S. dairy exports experienced significant growth in 2021, reaching a record $7.7 billion, as reported by the USDA Foreign Agricultural Service. This intense competition from dairy products is expected to impede the growth of the lactose-free food market.
The market is witnessing expansion through the introduction of new lactose-free products. In June 2022, Provilac, a premium milk home delivery company based in India, launched lactose-free milk catering to individuals with sensitive digestive systems. The lactose-free milk is produced by adding the catalytic enzyme "Lactase," which breaks down lactose into glucose without compromising the integrity of the milk. Such product innovations are such as ly to contribute to the market's revenue growth in the forecast period.
Major players in the lactose-free food market are focusing on product innovations to meet the rising demand for lactose-free options and diversify their product portfolios. A notable example is the development of lactose-free Greek yogurt, made with A2 milk from Indian cows and live Icelandic cultures. This lactose-free Greek yogurt is low in fat and sugar, preservative-free, and offers a healthy alternative for consumers. In August 2023, Skyrrup, an India-based lactose-free yogurt company, introduced this new and unique lactose-free Greek yogurt, providing a healthier option for consumers seeking lactose-free alternatives.
In March 2023, Next Gen Foods, a Singaporean food manufacturing entity, successfully completed the acquisition of Mwah Ltd. for an undisclosed sum. This strategic move is geared towards the augmentation of Next Gen Foods' repertoire in the plant-based sector, specifically within the expanding market for plant-based dairy alternatives. Mwah Ltd., a United Kingdom-based dairy enterprise, specializes in the innovation and production of plant-based substitutes for traditional dairy items, including milk, cream, and gelato. This acquisition is anticipated to fortify Next Gen Foods' market standing and enhance its offerings in the burgeoning plant-based dairy segment.
Major companies operating in the lactose free food market report are Cargill Inc., Nestlé SA, Groupe Lactalis SA, Danone SA, General Mills Inc., Land O Lakes Inc., Arla Foods Ltd., Fonterra Co-operative Group Limited, Kerry Group PLC, Emmi AG, WhiteWave Foods, Barry Callebaut AG, HP Hood LLC, Valio Ltd., TINE SA, Organic Valley Family of Farms., Boulder Brands Inc., Amy's Kitchen Inc., Freedom Foods Group Limited, Daiya Foods Inc., Murray Goulburn Co-Operative Co. Ltd., Edlong Dairy Technologies, OMIRA Oberland-Milchverwertung GmbH, Galaxy Nutritional Foods Inc., Green Valley Organics Foods Ltd., McNeil Nutritionals LLC, Parmalat SpA, Alpro Products Ltd., Hansen's Teknisk-Kemiske Laboratorium, Dean Foods Co. Asia-Pacific was the largest region in the lactose free food market in 2023. Western Europe was the second-largest region in the global lactose free food market. The regions covered in the lactose free food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key types include lactose-free and lactose-reduced products, designed for people who struggle to digest lactose. Lactose-free food applications span milk, cheese, yogurt, ice cream, non-dairy alternatives, and more, available through supermarkets, hypermarkets, online stores, and other retail channels. Various sources of lactose-free food include rice, almond, soy, hemp milk, and coconut, utilizing technologies such as chromatographic separation, acid hydrolysis, and membrane reactors in their production.
The lactose-free food research report is one of a series of new reports that provides lactose-free food statistics, including lactose-free food industry global market size, regional shares, competitors with lactose-free food share, detailed lactose-free food segments, market trends and opportunities, and any further data you may need to thrive in the lactose-free food industry. This lactose-free food research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The countries covered in the lactose free food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The lactose-free food market consists of sales of soya yogurts and cheeses, oat milk, rice milk, coconut-based yogurts and cheeses, carob bars, and food with “dairy-free” and “suitable for vegan” signs. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Lactose Free Food Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on lactose free food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for lactose free food? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Lactose-Free Products; Lactose-Reduced Products
2) By Technology: Chromatographic Separation; Acid Hydrolysis; Membrane Reactor
3) By Distribution Channel: Supermarkets/Hypermarkets; Online Stores; Other Distribution Channels
4) By Application: Milk; Cheese; Yogurt; Ice-Cream; Non-Diary Products; Other Applications
Key Companies Mentioned: Cargill Inc.; Nestlé SA; Groupe Lactalis SA; Danone SA; General Mills Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Cargill Inc.
- Nestlé SA
- Groupe Lactalis SA
- Danone SA
- General Mills Inc.
- Land O Lakes Inc.
- Arla Foods Ltd.
- Fonterra Co-operative Group Limited
- Kerry Group plc
- Emmi AG
- WhiteWave Foods
- Barry Callebaut AG
- HP Hood LLC
- Valio Ltd.
- TINE SA
- Organic Valley Family of Farms.
- Boulder Brands Inc.
- Amy's Kitchen Inc.
- Freedom Foods Group Limited
- Daiya Foods Inc.
- Murray Goulburn Co-Operative Co. Ltd
- Edlong Dairy Technologies
- OMIRA Oberland-Milchverwertung GmbH
- Galaxy Nutritional Foods Inc.
- Green Valley Organics Foods Ltd.
- McNeil Nutritionals LLC
- Parmalat SpA
- Alpro Products Ltd.
- Hansen's Teknisk-Kemiske Laboratorium
- Dean Foods Co.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 18.71 Billion |
Forecasted Market Value ( USD | $ 29.11 Billion |
Compound Annual Growth Rate | 11.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |