Food & Agriculture Trends

The global lactose-free products market size is estimated to be valued at USD 12.1 billion in 2020 and is projected to reach USD 18.4 billion by 2025, recording a CAGR of 8.7% during the forecast period. The demand for lactose-free products is increasing significantly due to the rise in lactose intolerant population across the globe. Moreover, the rise in the consumption of clean label food products is one of the major factors encouraging the growth of the lactose-free organic products market globally. Download PDF Brochure Key players in this market include The Coca-Cola Company (US), GCMMF (India), Nestle (Switzerland), Danone Company S.A (France), Valio Ltd. (Finland), General Mills (US), Johnson & Johnson Services, Inc. (US), Lifeway Foods Inc. (US), LALA U.S (US), Dean Foods (US), Organic Valley (US), Dairy Farmers of America (US), Shamrock Foods (US), Saputo Inc. (Canada), Prairie Farms Dairy (US), Agri-Mark, Inc. (US), Smith Foods, Inc. (US), Meggle Group GMBH (Germany), Dr...

Factors such as the increasing awareness of lactose intolerance among consumers across regions and the growing demand for reduced added sugar or no added sugar products are projected to drive the growth of the lactose-free products industry during the forecast period. However, the growth of the lactose-free products market is inhibited by factors, such as high cost of lactose-free products and stiff competition from plant-based alternatives.  T he  lactose-free products market  is estimated to be valued at USD 12.1 billion in 2020 and is projected to reach USD 18.4 billion by 2025, recording a CAGR of 8.7 %, in terms of value.  Download PDF Brochure According to the National Center for Biotechnology Information (NCBI), nearly 65% of the global population is prone to lactose intolerance. Thus, this has led to an increase in the production of lactose-free products. It has also been observed that lactose intolerance is witnessed in nearly 90% of adults in East Asia. In ...