This market research report includes a detailed segmentation of the global lactose-free food market by type (lactose-free dairy, lactose-free ice cream and lactose-free milk formula). It outlines the market shares of key regions such as APAC, Europe, North America, and ROW. The key vendors analyzed in this report are Arla Foods, McNeil Nutritionals, Omira Oberland-Milchverwertung, Parmalat, and Valio
Technavio’s market research analysts estimate the global lactose-free food market, to grow at a CAGR of 11% between 2016 and 2020. Owing to rising health-consciousness, the consumers are more actively interested in consuming healthier foods and dairy alternative drinks to help with digestive health disorders. The health-conscious population is demanding foods that are gluten-free and lactose-free and diabetic food with the right combination of essential nutrients. The Americas dominate the lactose-free food market, accounting for 65% of the overall market share. Much of this region’s growth is due to the rise in the number of lactose intolerance consumers. The market is experiencing the demand for soy milk products as they are lactose-free.
The new market research report from Technavio provides a breakdown and analysis of the lactose-free food segments by technology.
“The demand for lactose-free food products is driven by the increase in incidences of food allergies and intolerances. The lactose-free food products are highly digestible, which enhances their bio-availability. The high demand for lactose-free products has led many manufacturers to make modifications to the processing techniques and dosages and focus on dairy-free product formulations. Soy milk is gaining popularity among consumers as it has no lactose content,” says Vijay Sarathi, Lead Analyst, Food & Beverages, Technavio Research
Lactose-free dairy segment dominates the lactose-free food market, occupying around 74% of the total market share. The market is driven by the growing lactose intolerance among consumers. Lactose-free dairy products are sweeter in taste due to the breakdown of lactose into simple sugars, glucose, and galactose. They have a longer shelf life compared to regular products. Lactose-free dairy products prevent symptoms such as gas, abdominal discomfort, diarrhea, nausea, and bloating, which begins 30 minutes to two hours after lactose ingestion.
The key vendors in the global lactose-free food market are Arla Foods, McNeil Nutritionals, Omira Oberland-Milchverwertung, Parmalat, and Valio. The market is highly fragmented because of the presence of numerous small and large vendors. The vendors in the market compete on the basis of factors such as price, quality, product differentiation, distribution, and promotion. Intense competition prevails in the market where regional or small players are finding difficult to sustain the vast geographic presence of international players.
A more detailed analysis is available in the Technavio report, Global Lactose-free Food Market 2016-2020.
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