Lactose Free Food Market - Forecast(2021 - 2026)

Food allergies can be life-threatening still an effective cure is missing from the healthcare settings. As per the Centers for Disease Control and Prevention, food allergies affect an estimated 6% of children in the U.S.[1] Similarly, lactose intolerance is an impaired ability to digest lactose, a sugar found in milk and other dairy products, and effecting approximately 65% of the human population.[2] Dairy products, being an integral part of modern protein-enriched diet is losing its market owing to epidemic lactose intolerance level globally. Due to increasing health awareness, lactose-free food market is establishing strong grounds and exploiting the lactose intolerant consumer base. The global Lactose-free Food market size is evaluated to be $10,750 million as of 2018, and raging opportunities to replace contemporary dairy products is intensifying the growth at a CAGR of 5.40% during the forecast period 2019-2025.

Request Sample

Lactose-free Food Market Outlook:

The deep analysis of region-wise revenue of lactose free food market identifies APAC to be the leading region, pocketing 29% of the global demand in 2018. This assertion can be very well confirmed from a report by the U.S National Library of Medicine, which states that lactose intolerance in adults is most predominant in individuals of East Asian descent, distressing more than 90% of adults in some of these communities.[3] China, being the most populated economy, reportedly has 92% of its population human genetics inclined towards lactose intolerance.[4] Likewise, 50% of individuals in the second largest populated economy, India, are lactose intolerant.[5] Since, dairy products being an inevitable constituent of contemporary-diet, it cannot be eradicated but only replaced, the lactose-free food market demand in APAC is uplifted by already established pattern of dairy consumption. India is among the largest producers of milk and increasing vegan population in the APAC region is diverting traffic from dairy products to lactose free food market generated from its indigenous milk production.

Lactose free food market in terms of its application segment is majorly bifurcated into two broader sections such as dairy and non-dairy products. The non-dairy products include processed meats and breakfast cereals, while the dairy products are configured with more variety including milk, yogurt, cream, and cheese. As per the Food and Agricultural Organization of United Nations, milk production has accelerated by an incredible 58%, from 522 million tons in 1987 to 828 million tons in 2017.[6] It resonates the rapidly intensifying uptake of dairy products. Owing to such demand, the lactose-free dairy products segment of the market is displaying all requisite caliber to replace the traditional sector and is progressing with an application CAGR of 5.50% through 2025.

 Inquiry Before Buying

Lactose Free Food Market Trends and Growth Drivers:

· Increasing health awareness amalgamated by unprecedented variety in lactose free food products is a major trend diverting potential traffic. The global lactose free food marketplace is endorsing the inauguration of numerous inventive merchandises that are intend to provide an appeal and nutritious food to customers. With the advent of innovative products pertaining to flavor, taste, and variety, manufacturers aim to expand the market for lactose free food products and exploit a wide range of consumer base. For instance, Breyers, a brand from Unilever is manufacturing lactose-free ice creams in different flavors such as lactose-free vanilla and lactose-free chocolate.

 · Lactose free food are generally preferred by urban population of developed economy due to the economic restraint witnessed by developing economy. With majority of its consumers belonging to urban terrain, lactose free food market is capitalizing over the trend of virtual online stores. Some of the examples of virtual stores delivering specialty food products for people with celiac disease and lactose intolerance are Vitacost, Goodness Direct, and The Gluten-Free Mall.

 · Alternative dairy displayed virtuous challenging traits to the market, but its failure to retain contemporary dairy consumers turned out to be a driving factor propelling the lactose free food market demand. Plants based dairy are losing traction due to different and unpleasant taste it offers, consequently, lactose intolerant consumers prefer switching to lactose free dairy diet instead of plant-based products.

· Due to its low fat content, lactose free food is preferred by obese individuals as well, apart from targeted group of lactose intolerant people. As per the WHO, 1.9 billion adults in 2016 were overweight with over 650 million obese. Obesity being an uncontrolled global dilemma is comprehensively extending the potential consumer base of lactose free food market.

 "We also publish more than 100 reports every month in “Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study."

Comments

Popular posts from this blog

Ethylene Methyl Acrylate Market - Forecast(2021 - 2026)

Mining Equipment Services Market - Forecast(2021 - 2026)

Structural Insulated Panels Market