Global Lactose-free Food Market 2017-2021

Overview of the global lactose-free food market

Market research analysts at Technavio predict that the global lactose-free food market will grow steadily at a CAGR of over 11% by 2021. This market research analysis identifies the rising levels of lactose intolerance as one of the primary growth factors for this market. Lactose intolerance is the inability of the body to digest a significant amount of lactose present in milk and dairy products. Some of the key symptoms of lactose intolerance include diarrhea, indigestion and abdominal pain, flatulence, abdominal bloating and distention, and nausea. The growing incidences of food allergies such as lactose intolerance stimulate the demand for lactose-free products since they are highly digestible.

The introduction of lactose-free ice creams is one of the latest trends that will gain traction in the lactose-free food market in the coming years. With an increase in the number of people with lactose intolerance across the globe, many manufacturers have started formulating lactose-free food products like ice-creams. Breyers, a brand from Unilever has already started producing ice-creams in different flavors such as lactose-free vanilla and lactose-free chocolate.

Competitive landscape and key vendors

The lactose-free food market is highly fragmented with the presence of numerous small and large companies. Vendors in this market compete based on parameters such as price, innovation, quality, and distribution. The intense competition among manufacturers, coupled with rapid technological changes creates a significant risk for vendor operations. To survive in this competitive environment, it is crucial for vendors in this marketspace to differentiate their products through a clear and unique value proposition.

The leading vendors in the market are -

• Arla Foods
• McNeil Nutritionals
• OMIRA Oberland-Milchverwertung (OMIRA)
• Parmalat
• Valio

The other prominent vendors in the market include Alpro, Amy's Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Daiya Foods, Dean Foods, Edlong Dairy Technologies, Emmi, Fonterra, Galaxy Nutritional Foods, General Mills, Green Valley Organics, HP Hood, Land O Lakes, Murray Goulburn, TINE Laktosefri, and WhiteWave Foods.

Segmentation by product and analysis of the lactose-free food market

• Lactose-free dairy
• Lactose-free baby food

During 2016, the lactose-free dairy segment accounted for the major shares of this market. The growing lactose intolerance among consumers, the increase in self-diagnosed cases of lactose intolerance, and the rise in dairy consumption, will boost the growth of the lactose-free food market in this industry segment.

Geographical segmentation and analysis of the lactose-free food market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The demand for lactose-free products is increasing in the Americas due to an expanding population base with lactose intolerance. Additionally, the rising awareness of the availability and benefits of food intolerance products will also fuel the growth of the market in this region during the forecast period.

Key questions answered in the report include

• What will the market size, market worth and the growth rate be of the global lactose-free food market in 2021?
• What are the key factors driving the global lactose-free food market?
• What are the key market trends impacting the growth of the global lactose-free food market?
• What are the challenges to market growth of the global lactose-free food market?
• Who are the key vendors in the global lactose-free food market?
• What are the market opportunities and threats faced by the vendors in the global lactose-free food market?
• What are the trending factors influencing the market shares of the global lactose-free food market in Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global lactose-free food market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming research report on the global lactose-free food market is an integral part of Technavio's food and beverage portfolio and offers crucial insights into the market space for the food sector. Technavio's insightful market research reports also offer insights on the market size, forecast, trends, and industry analysis to help clients build effective growth strategies.

Additionally, by implementing an in-depth research approach of quantitative and qualitative data collection methods and assessing the changing demand-supply landscape of the food sector, the upcoming market research report on the lactose-free food market offers insights into the key market drivers, trends, and eminent challenges that will influence the growth of the key suppliers in this market space. This upcoming market research report on the lactose-free food market also covers vendors like Johnson and Johnson, Land o lakes, Deans, DSM, GCMF, Danone, and Nestle.

This market research report on the global lactose-free food market also takes into account the growth of related market like processed meat market, which is anticipated to post an impressive CAGR of over 7% during the forecast period. According to our market analysts, the growing number of lactose intolerance cases may influence the lactose-free food market over the next few years.

The upcoming industry report on the lactose-free food market also offers insights into fast-growing segments within the food and beverage industry, including sectors like food and food service. Additionally, the report also presents insights into the changing competitive scenario and gives clients a complete view of the future direction of the industry.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.