As specified in our exclusive report, the global Lactose Free Dairy Products Market is projected to reach USD 23.8 billion by 2030.
The percentage of people with lactose intolerance varies greatly from country to country and continent to continent, from 98-100% of adults in Southeast Asia to only 1% in the Netherlands. However, lactose-free dairy currently has a widespread and growing health appeal for all consumers and in countries where the majority of people are lactose tolerant.
However, lactose-free dairy currently has a widespread and growing health appeal for all consumers and in countries where the majority of people are lactose tolerant. Lactose-free dairy products can provide essential nutrients present in milk to people who are lactose intolerant. There are many dairy products that contain little or no lactose, and these are generally well tolerated by people who are intolerant to lactose.
Due to the increasing prevalence of lactose intolerance and the growing demand for low-calorie products, consumers across the world are increasingly turning to alternative milk products. Hazelnut milk products are becoming more popular among younger customers as they are naturally gluten- and lactose-free, which is one of the major drivers boosting the lactose-free dairy products market.
However, the undesirable taste of lactose-free dairy products is one of the vital factors to curtail the growth of the lactose-free dairy products market.
Who is the Target Audience?
Raw milk suppliers
Lactose-free dairy product manufacturers
Which Region Holds the Highest Share?
The Asia-Pacific segment is projected to be the fastest-growing segment in the forecast period 2022-2030. The growth in this segment is due to several factors, such as increasing investment by major players to develop innovative lactose-free dairy products to provide multiple health benefits and an increase in the adoption of lactose-free soy yogurts.
Some of the key players in the lactose-free dairy products market are:
Green Valley Creamery, Valio International, McNeil Nutritionals, Alpro, Saputo Dairy products, Arla Foods Amba, Smith Dairy Products, Hiland Dairy Foods, Cabot Creamery Corporation, and The Danone Company.