by The global lactose free food market is experiencing rising demand for lactose free dairy products like milk, cheese and yogurt alternatives owing to increasing prevalence of lactose intolerance worldwide. The 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.
Lactose free dairy products provide a nutritional substitute for dairy products containing lactose. They contain the same essential nutrients like calcium, protein and vitamins found in regular dairy but are easier to digest for those with lactose intolerance. The global market for lactose free products has grown significantly over the past decade driven by growing consumer awareness regarding the health issues caused by lactose consumption and the importance of a balanced diet. While dairy products continue to play a key role in a healthy diet, the availability of lactose removed variations allow a wider consumer base to enjoy the benefits of dairy. The Global Lactose Free Food Market is expected to grow further with increasing spend on health and wellness products globally.
Key Takeaways
Key players operating in the Lactose Free Food market are 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
The growing incidence of lactose intolerance, milk allergies, and other lactose digestion problems have further raised the demand for lactose-free products worldwide. According to statistics, around 75% of the world’s population has a reduced ability to digest lactose after infancy. This growing consumer demand is a major factor driving the growth of this market.
The market is witnessing increased global expansion with many key brands offering a diverse portfolio of lactose free products across multiple geographies and regions. Manufacturers are focusing on new product innovations with varied tastes and formats to appeal to the mass consumer markets and drive further household penetration globally.
Market Key Trends
One of the major trends gaining traction in the lactose free foods market is the growing popularity of plant-based dairy alternatives. Many new players are launching innovative lactose free and dairy free products made from raw materials like almonds, coconuts, oats etc. that provide the texture and taste of regular dairy products but are completely free of lactose, dairy and other allergens. This is positively impacting the expansion of this market.
Porter’s Analysis
Threat of new entrants: The lactose free food market has moderately high entry barriers due to established brand loyalty, production scale and scope required among existing players.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitute lactose free products from different brands and private labels.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to availability of substitute raw materials. However, suppliers of specialty ingredients may wield some pricing power.
Threat of new substitutes: Threat of substitutes is moderate as other alternative dairy and non-dairy products offer similar nutritional benefits.
Competitive rivalry: The market has several big players with global presence leading to high competitive rivalry.
Lactose Free Food Market Regional Analysis as Geographical Regions
North America accounts for the largest share of the global lactose free food market in terms of value owing to increasing prevalence of lactose intolerance. The United States dominates the North American regional market.
Asia Pacific is expected to be the fastest growing regional market between 2024 to 2031. This can be attributed to rising health awareness and growing disposable incomes in Asian countries like China and India. Populations in these regions are increasingly adopting Western food habits.
*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, chemical and materials, defense and aerospace, consumer goods, etc. LinkedIn Profile
