The Global Lactose-Free Dairy Products Market is projected to grow with promising growth opportunities and reach high revenue figures in the forthcoming years, as per a thoroughly analyzed study by market Research Future (MRFR). Lactose-free products are prepared mainly by removing the sugar, lactose found in milk from them. Lactose may be intolerant to some people and cause bloating, intestinal gas, diarrhea, and nausea as side effects of lactose intolerance. Lactose intolerant people highly depend on lactose-0free products for their protein and mineral requirements. Lactose-free dairy products are easy to digest and are highly preferred by health-conscious individuals.
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Global Key Players and Competition Analysis
The Danone Company Inc. (France), DSM N.V. (Netherlands), Nestlé S.A. (Switzerland), Arla Foods (Denmark), McNeil Nutritionals, LLC (U.S.), Green Valley Creamery (U.S.), Alpro, Ltd. (U.K), Valio International (Lithuania), Saputo Inc. (U.S.), Cabot Creamery Cooperative, Inc. (U.S.) are the notable players in the global lactose-free dairy products market.
Segmentation Analysis
The Global Lactose-Free Dairy Product Market has been segmented based on type, category, packaging type, and distribution channel.
By category, the global lactose-free dairy products market has been segmented into organic and conventional.
By packaging type, the global lactose-free dairy products market has been segmented into bottles, cartons, tubs, and others.
Regional Demand
North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are the key markets for lactose-free dairy products. North America holds the maximum share of the global lactose-free dairy products market. Growing lactose-intolerant population in the region, especially in the US drives the growth of the North America market. APAC is poised to be the fastest growing market for lactose-free dairy products.
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Industry Updates:
In March 2018, Muller launched its first lactose-free range of yogurts, available in strawberry and red cherry flavors.
In June 2018, Epigamia launched India’s first all-natural, lactose-free artisanal Greek yogurt.
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