by The lactose free food market has been gaining significant traction in recent years due to the rising number of people diagnosed with lactose intolerance. Lactose free products are processed foods and beverages that do not contain lactose or contain very low amounts of lactose making them easily digestible. The growing health-consciousness among consumers and increasing awareness about the health benefits of lactose free products is propelling the demand for these foods. The global lactose free food market is estimated to be valued at US$ 18.73 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the lactose free food market include Cargill, Inc., Galaxy Nutritional Foods, Inc., Green Valley Organics, Edlong Dairy Technologies, Parmalat SpA, Valio Ltd., Alpro, OMIRA Oberland-Milchverwertung, Crowley Foods, Arla Foods., Danone SA, General Mills Inc., Fonterra Co-operative Group Limited, Kerry Group PLC, Emmi AG, WhiteWave Foods, Barry Callebaut AG, HP Hood LLC, Valio Ltd, Daiya Foods Inc. These players are focusing on new product launches, mergers, acquisitions, and expansion strategies to strengthen their global presence.
The key opportunities in the market include rising demand for organic and plant-based lactose free products from health-conscious consumers. Investments in research and development of innovative lactose free alternatives made from cereals, nuts, and plant-based milk are opening new avenues for market growth.
The global expansion of the lactose free food market is supported by rising health awareness, increasing dairy alternative consumption, and changing dietary patterns across North America, Europe, Asia Pacific, Latin America, and Middle East and Africa regions. Countries like the U.S., Germany, China, U.K., and Brazil are expected to be the major revenue generators for the global lactose free food market over the forecast period.
Market Drivers
One of the key drivers augmenting the demand for lactose free food products is the growing prevalence of lactose intolerance. It is estimated that around 75% of the world’s population suffers from lactose malabsorption after infancy. Other major driver includes rising vegan and vegetarian population base owing to health, ethical, and environmental concerns. Their growing shift towards plant-based dairy substitutes is creating new opportunities for lactose free food manufacturers. Additionally, increasing adoption of lactose free baby food products due to emerging infant nutrition trends is also expected to positively influence the market growth over the next few years.
PEST Analysis
Political: The lactose free food market is regulated by food safety and food labeling regulations set by regulatory bodies. Changes in such regulations can impact the market dynamics.
Economic: Factors such as increasing disposable incomes, healthcare costs, and rising awareness regarding benefits of healthy diets are positively impacting the market growth.
Social: Growth in lactose intolerance cases globally due to changing dietary patterns is a key factor driving the demand for lactose free food products. Increasing health consciousness is also fueling the market growth.
Technological: New product launches catering to diverse taste preferences with lactose free claims and improved processing techniques to remove or reduce lactose content in various food items are boosting the market.
Lactose Free Food Market Regional Analysis as The geographical regions where the lactose free food market is concentrated in terms of value are North America and Europe. Both regions have a high incidence of lactose intolerance and well-established retailing networks for such specialty food products.
The Asia Pacific region is projected to be the fastest growing market during the forecast period. Factors such as increasing health awareness, growing incomes, changing dietary patterns, and rising western influence are expected to fuel the demand for lactose free products in the region.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Money Singh
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. LinkedIn Profile
