The global lactose-free dairy market revenue was around US$ 12.3 billion in 2022 and is estimated to reach US$ 24.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 8% during the forecast period from 2023 to 2031.
Lactose-free dairy is a commercial product created from lactose-free milk. Lactose is a type of sugar found in milk that some individuals find challenging to digest. Lactose-free dairy products are made by mixing lactase with regular cow milk. Lactase is an enzyme that is spontaneously created in the small intestine of a person and is responsible for the lactose breakdown in the body.
Market Driving Factors
The surging popularity of social media marketing is estimated to drive the market. This is majorly due to the extensive athlete and celebrity marketing campaigns to encourage vegetarianism as a beneficial lifestyle choice and the simplicity of product accessibility via an abundance of online retail channels. As a result, individuals are becoming more aware of problems such as lactose intolerance and the availability of lactose-free substitutes due to the increasing penetration of the Internet along with the raise number of individuals utilizing different social media platforms.
The increasing prevalence of lactose awareness, intolerance, and self-diagnosis is estimated to drive the market. People who are intolerant to lactose cannot fully absorb lactose, the sugar found in milk. After consuming dairy products, they may experience gas, bloating, and diarrhea. The condition, also known as lactose malabsorption, is generally harmless. However, its signs and symptoms can be irritating. Thus, lactose intolerance is generally caused by insufficient amounts of the enzyme lactase, which is made in the small intestine. The number of lactose-intolerant individuals is increasing all over the world.
Scarcity of awareness, regarding the advantages of lactose-free dairy products, mainly in developing economies, and its high price compared to other conventional dairy products is expected to hinder the market growth.
Regional Analysis
Europe dominated the market in terms of revenue and is estimated to maintain its dominance. This can be majorly attributed to the deep product understanding among the customers and the surge in consumption owing to its health advantages in the region.
Segmentation Insights
Type Insight
The yogurt segment dominates the market in terms of revenue share. This is mainly due to the preference or a lactose allergy, dairy-free yogurt is a suitable choice because it still has a good quantity of healthy fats while being lactose-free. Furthermore, coconut, almonds, flaxseed, cashews, soy, or oats are the most typical bases for dairy-free yogurts that are available in supermarkets.
Form Insight
The liquid segment is estimated to dominate the market in terms of the highest revenue share. This is mainly due to the liquid form of milk being consumed across, and customers often include it in their diets. Furthermore, a large number of individuals consume flavored lactose-free milk as it contains less sugar which is driving segment growth.
Distribution Channel Insight
The hypermarkets/supermarkets segment dominates the market in terms of the largest share. This is mainly due to the its provides a suitable experience of various shopping under a single roof to the customers. Furthermore, Hypermarkets/supermarkets offer consumers premium benefits such as the assistance of sales representatives, higher availability of lactose-free dairy products at discounts, and easy checkouts. These benefits are anticipated to propel the segment's growth.
Prominent Companies
Segmentation Outline
The global lactose-free dairy market segmentation focuses on the Type, Form, Distribution Channel, and Region.
By Type
By Form
By Distribution Channel
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL LACTOSE-FREE DAIRY MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: LACTOSE-FREE DAIRY MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL LACTOSE-FREE DAIRY MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL LACTOSE-FREE DAIRY MARKET, BY TYPE
5.1 OVERVIEW
5.2 MILK
5.3 CHEESE
5.4 YOGURT
5.5 OTHERS
6 GLOBAL LACTOSE-FREE DAIRY MARKET, BY FORM
6.1 OVERVIEW
6.2 SOLID
6.3 LIQUID
6.4 POWDER
7 GLOBAL LACTOSE-FREE DAIRY MARKET, BY DISTRIBUTION CHANNEL
7.1 OVERVIEW
7.2 HYPERMARKETS/SUPERMARKETS
7.3 CONVENIENCE STORES
7.4 ONLINE CHANNELS
7.5 OTHERS
8 GLOBAL LACTOSE-FREE DAIRY MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3.1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL LACTOSE-FREE DAIRY MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
9.4 COMPETITIVE DASHBOARD
9.5 PRODUCT MAPPING
9.6 TOP PLAYER POSITIONING, 2022
9.7 COMPETITIVE HEATMAP
9.8 TOP WINNING STRATEGIES
10 COMPANY PROFILES
10.1 DANONE S.A.
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.2 LIFEWAY FOODS INC.
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.3 GENERAL MILLS INC.
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.4 SAPUTO INC.
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.5 JOHNSON & JOHNSON SERVICES INC.
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.6 NESTLE S.A.
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.7 GUJRAT COOPERATIVE MILK MARKETING FEDERATION (AMUL)
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.8 THE KROGER COMPANY
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.9 ORGANIC VALLEY
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.10 ARLA FOODS AMBA
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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