Market Size of Lactose Free Milk Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.41 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Lactose Free Milk Market Analysis
The lactose free milk market is projected to register a CAGR of 9.41% during the forecast period, 2022-2027.
The increasing prevalence of lactose intolerant population and growing demand for reduced added sugar or no added sugar products are expected to boost the sales of lactose-free milk across the globe. There's a strong demand for lactose free milk from developed countries as customers are shifting from conventional dairy to lactose-free dairy and other plant-based milk alternatives as a result of increased health concerns. According to the National Center for Biotechnology Information (NCBI), nearly 65% of the global population is prone to lactose intolerance. This, in turn, has increased the demand for lactose free milk across the globe.
On account of the growing prevalence of chronic and lifestyle diseases, consumers are becoming aware of the effects of the consumption of synthetic ingredients. As a result, there has been an increase in the demand for organic dairy products, which is, in turn, augmenting the growth of organic lactose-free milk globally.
Lactose Free Milk Industry Segmentation
Lactose free milk is a milk product that contains lactase, an enzyme that helps break down lactose. It provides the essential nutrients that are present in regular dairy milk, like calcium and vitamins. As per our scope, we have covered both liquid and powder forms of lactose free milk. The global lactose Free Milk Market (henceforth referred to as the market studied) is segmented by form, category, distribution channel, and geography. By form, the market is segmented into liquid and powder. By category, the market is segmented into plain and flavored. Based on the distribution channel, the market studied is segmented into supermarkets/hypermarkets, convenience stores, online stores, and other distribution channels.
It provides an analysis of emerging and established economies across the world, comprising North America, Europe, South America, Asia-Pacific, and Middle East and Africa. For each segment, the market sizing and forecasts have been done based on value (in USD million).
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| Liquid | |
| Powder |
| By Category | |
| Plain | |
| Flavoured |
| By Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience/Grocery Stores | |
| Online Retail Stores | |
| Others |
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Lactose Free Milk Market Size Summary
The lactose-free milk market is experiencing significant growth, driven by the increasing prevalence of lactose intolerance and a rising demand for products with reduced or no added sugars. This shift is particularly evident in developed countries, where consumers are transitioning from conventional dairy to lactose-free and plant-based alternatives due to heightened health concerns. The global awareness of lactose intolerance, with a substantial portion of the population affected, is fueling the demand for lactose-free milk. Additionally, the growing consumer preference for organic dairy products is contributing to the expansion of organic lactose-free milk, as individuals become more conscious of the impact of synthetic ingredients on health.
The market is characterized by intense competition, with both regional and global players such as Arla Foods amba, Johnson & Johnson, The Coca-Cola Company, Organic Valley, and Nestlé S.A. actively participating. These companies are focusing on expanding production capacities and investing in research and development to cater to evolving consumer tastes and preferences. The introduction of innovative products, such as LACTAID milk with added nutrients, and the expansion into untapped markets are key strategies employed by industry participants. Emerging markets are witnessing the launch of local brands specializing in lactose-free dairy products, further driving market growth. The demand for lactose-free milk is also bolstered by demographic and cultural shifts, particularly in countries like Japan and India, where health-conscious consumers are seeking nutritious food and beverage options.
Lactose Free Milk Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Form
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2.1.1 Liquid
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2.1.2 Powder
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2.2 By Category
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2.2.1 Plain
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2.2.2 Flavoured
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2.3 By Distribution Channel
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2.3.1 Supermarkets/Hypermarkets
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2.3.2 Convenience/Grocery Stores
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2.3.3 Online Retail Stores
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2.3.4 Others
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 Germany
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2.4.2.3 Spain
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East & Africa
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2.4.5.1 Saudi Arabia
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2.4.5.2 South Africa
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2.4.5.3 Rest of Middle East & Africa
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Lactose Free Milk Market Size FAQs
What is the current Lactose Free Milk Market size?
The Lactose Free Milk Market is projected to register a CAGR of 9.41% during the forecast period (2024-2029)
Who are the key players in Lactose Free Milk Market?
Arla Foods amba , Johnson & Johnson , The Coca-Cola Company , Organic Valley and Nestlé S.A are the major companies operating in the Lactose Free Milk Market.
