Lactose-Free Dairy Products Market Analysis and Industry Trends, Industry Segments by Forecast to 2024

Market Highlights

Lactose intolerance is a major concern for the health and wellness of consumer which is majorly driving the growth of lactose-free dairy products market. Lactose-free dairy products are produced from animal milk by removing the milk sugar lactose from them. Few of the symptoms of lactose intolerance are bloating, intestinal gas, diarrhea, and nausea. Lactose intolerant people are highly dependent on lactose-free products since they cannot digest usual diary products thereby missing on essential proteins and minerals.

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Key Players

Some of the key players in the Global Lactose-Free Dairy Products Market are Green Valley Creamery (U.S.), McNeil NUTRITIONALS, LLC (U.S.), VALIO International (Lithuania), ALPRO, Ltd. (U.K), Arla Foods (Denmark), DSM N.V. (Netherlands), Cabot Creamery Cooperative, Inc. (U.S.), Saputo Inc. (U.S.), The Danone Company Inc. (France), and Nestlé S.A. (Switzerland).

Regional Analysis

Rising lactose intolerant population in North America, especially in the U.S. has dominated the lactose-free dairy products market. Rising lactose intolerant population has led to the growth of this region in lactose-free dairy products market. Asia-Pacific is the fastest growing market with countries such as China which is witnessing an increasing incidences of lactose intolerance. It is expected that increasing market awareness will boost the growth of the lactose-free dairy products market in this region for the forecast period.

Segmentation

The global lactose-free dairy products market has been segmented into type, category, packaging type, and distribution channel.

The market on the basis of type has been segmented into milk, milk powder, yoghurt, ice cream, butter & cheese, whey, and others.

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