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Pulished Date October, 2021
ID: 12267
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North America Lactose Free Market by Type (Milk, Cheese, Yogurt, Ice-Cream, Other's food), By Distribution Channel (Retail & Supermarkets, Online Platform), and By Region- Growth, Size, Share, Trends, Impact of COVID-19 and Forecast (2021-2026)

Pulished: October, 2021
ID: 12267
Pages: 140

North America Lactose Free Market Size Growth Analysis 2021- 2026

North America Lactose Free Market was worth USD XX million in 2020, so it is estimated to reach USD XX million by 2026, growing at a CAGR of XX%. Lactose-free dairy products contain lactase, an enzyme that aids in the breakdown of the milk sugar galactose, hence avoiding gastrointestinal symptoms such as abdominal cramping, gas, diarrhea, and bloating in persons with lactose intolerance. Lactose-free foods include soy yogurts and cheeses, oat milk, rice milk, coconut-based yogurts and cheeses, carob bars, and foods labeled "dairy-free" or "appropriate for vegan." Because of the expanding population of lactose-intolerant people, the lactose-free market is likely to rise significantly.

Recent Developments 

  1. To address consumer demand for lactose-free foods, the Coca-Cola Business announced in January 2020 that it had acquired the remaining shares in Fairlife LLC from its mutual partnering company Select Milk Producers.
  2. Valio and Palmer Holland (USA) launched a joint venture in April 2020 to provide lactose-free powder in the U.S. market.

Market Growth

Drivers

Lactose-free dairy products are created by removing or lowering the lactose contained in dairy products. Furthermore, a surge in food allergy cases and increasing awareness of the health benefits of lactose-free products are likely to drive the North American lactose-free market. In addition, the consumption of organic food and beverages is expected to drive market expansion during the forecast period. Current market participants are employing various techniques to grow their worldwide market shares, such as entering new markets, investing in product research & development, clinical trials, deals, mergers, and acquisitions. Also, rising disposable income and expanding middle income are driving the worldwide lactose-free dairy products market during the forecast period. Lactose-free dairy products are gaining popularity due to the diversity and high quality of the items on the market. The surge in lactose-free dairy product developments has increased the nutritional advantages given by lactose-free milk products, which provides essential growth possibilities for the lactose-free dairy industry—these products with characteristics like gluten-free and low sugar attempt to broaden the userbase. Dairy producers are capitalizing on this pattern to widen their customer base by championing easy digestion, lower fat and sugar composition, and establishing an array of goods by combining lactose-free additives with healthier options such as vitamins, proteins, and fibers to provide customers with a diverse range of options.

Restraints

To make lactose-free milk, the milk must be pasteurized using the ultra-high temperature (UHT) method to extend its shelf quality and enhance the texture of the milk while converting it to lactose-free milk. Lactase enzymes split the complex lactose into glucose and galactose to convert regular milk to lactose-free milk. This procedure raises the cost of lactose-free dairy products in comparison to everyday marketed milk products. Because of these reasons, lactose-free milk is sold as a premium product line, serving a limited customer base. In contrast, conventional dairy is a product provided at reasonable prices, allowing it to be utilized by many people. Consumers' primary concern has always been flavor. Lactose-free products contain arylsulfatase, an enzyme that transforms milk's natural components into para cresol. This imparts an unpleasant taste to the lactose-free food, limiting its market appeal.

Market Segmentation

The North America Lactose-Free Market is segmented based on Type and Distribution Channel.

By Product

  • Milk
  • Cheese
  • Yogurt
  • Ice-Cream
  • Others

The market is segmented into Milk, Cheese, Yogurt, Ice-Cream, and others. The milk segment is expected to account for the most significant proportion of the lactose-free market by type during the projected timeframe. Protein, calcium, phosphorus, vitamin B12, riboflavin, and vitamin D are abundant in lactose-free milk. Lactose-free milk is made by combining lactase with ordinary cow's milk. Lactose-free milk tastes sweeter than regular milk because lactase is added to lactose-free milk during the manufacturing process, which aids in the breakdown of lactose into two sugar forms: glucose and galactose. This is the primary element driving the market expansion of the milk segment.

By Distribution Channel

  • Retail & Supermarkets
  • Online Platform

The market is segmented into Retail & Supermarkets, Online Platform. As the adoption of online buying and Internet penetration grows, e-commerce may become the most popular sector in the following years.

Regional Analysis

  • U.S.
  • Canada
  • Rest of North America

North America is expected to increase steadily. This region's desire for cream-based foods and yogurt will drive up demand. Lactose-free milk products are becoming a common sight in American supermarkets. Dairy intake in the United States, for example, is dropped by more than 40% from 1975 to 2019. It has resulted in the increased adoption of lactose-free products that remedy the increasing lactose hypersensitivity. Lactose intolerance is common in adults, according to the U.S. National Library of Medicine, and 30 million persons in the U.S. experience signs of lactose intolerance by the age of 20. Lactose-free product sales have expanded dramatically in recent years in the United States, owing to increased self-diagnosed cases of lactose intolerance among consumers.

Impact of COVID-19 on North America Lactose-Free Market

COVID-19 pandemic has impacted practically all companies, and the protracted impacts are expected to influence business expansion in the future. Increasing customer qualms about the intake of non-vegetarian foods and drinks and the acceptance of vegetarian diets due to greater health awareness are likely to boost the lactose substitutes industry's expansion. Furthermore, because of many health and environmental issues, COVID-19's relationship with animal sources will result in a considerable population turning away from meat-based and plant-based proteins. Thus, long term, the COVID-19 scenario is likely to have a positive impact on the dairy alternatives industry.

Key Players

Major Players in the North America Lactose-Free Market

  • Nestlé
  • Nutricia
  • Valio Oy
  • Abbott
  • GIMME THE GOOD STUFF
  • Silverville
  • Apta Advice
  • Danone
  • Nurture Inc
  • Cargill
  • Murray Goulburn Co-Operative

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Lactose-Free Market, By Type                            

                                6.1.1 Milk           

                                6.1.2 Cheese     

                                6.1.3 Yogurt       

                                6.1.4 Ice-Cream

                                6.1.5 Other's food           

                                6.1.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.7 Y-o-Y Growth Rate Analysis              

                                6.1.8 Market Attractiveness Index           

                6.2 Lactose-Free Market, By Distribution Channel                             

                                6.2.1 Retail & Supermarkets      

                                6.2.2 Online Platform    

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Lactose-Free Market, by Region                          

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Distribution Channel     

8. Key Player Analysis                                    

                8.1 Nestlé                          

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Nutricia                        

                8.3 Valio Oy                       

                8.4 Abbott                         

                8.5 GIMME THE GOOD STUFF                    

                8.6 Silverville                     

                8.7 Apta Advice                

                8.8 Danone                        

                8.9 Nurture Inc                 

                8.10 Cargill                         

                8.11 Murray Goulburn Co-Operative                      

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Type, Distribution Channel and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. North America Lactose-Free Market By Type, From 2021-2026 ( USD Billion )
  2. North America Milk Market By Region, From 2021-2026 ( USD Billion )
  3. North America Cheese Market By Region, From 2021-2026 ( USD Billion )
  4. North America Yogurt Market By Region, From 2021-2026 ( USD Billion )
  5. North America Ice-Cream Market By Region, From 2021-2026 ( USD Billion )
  6. North America Other's food Market By Region, From 2021-2026 ( USD Billion )
  7. North America Lactose-Free Market By Distribution Channel, From 2021-2026 ( USD Billion )
  8. North America Retail & Supermarkets Market By Region, From 2021-2026 ( USD Billion )
  9. North America Online Platform Market By Region, From 2021-2026 ( USD Billion )
  10. United States Lactose-Free Market By Type, From 2021-2026 ( USD Billion )
  11. United States Lactose-Free Market By Distribution Channel, From 2021-2026 ( USD Billion )
  12. Canada Lactose-Free Market By Type, From 2021-2026 ( USD Billion )
  13. Canada Lactose-Free Market By Distribution Channel, From 2021-2026 ( USD Billion )

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