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The significant shift in the consumeru2019s preference for organic food and beverages worldwide is the major factor supporting the growth of the global lactose-free dairy products market.
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Lactose-Free Dairy Products Market Lactose-Free Dairy Products Market by Nature (Organic and Conventional), By Product Type (Milk, Condensed Milk, Milk Powder, Yogurt, Ice Cream, Desserts, Butter/Cheese, and Others), By Form (Semi-solid, Liquid, and Powder), By Distribution (Supermarket/Hypermarket, Specialty Stores, and Others) and By Region – Global Opportunities & Forecast, 2020–2027 Channel Online, GMI Research GMI Research See the Future Insights 1
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Lactose-Free Dairy Products Market: The significant shift in the consumer’s preference for organic food and beverages worldwide is the major factor supporting the growth of the global lactose-free dairy products market. In addition to this, the rapidly rising per capita income and the increasing incidences of lactose intolerance will boost the demand for lactose-free dairy products. The growing consumer awareness associated with the unethical and synthetic ingredients used in different food and beverage products is motivating them to opt for lactose-free dairy products, thus fuelling the growth of the market during the forecast period. Furthermore, the rising purchasing power of the consumers and the increasing focus on health and wellness are surging demand for premium food products. The growing population rate and adaption of the modern lifestyle will indirectly bolster the demand of the market. During the COVID-19 crisis, the demand for lactose-free dairy products is expected to energize as a large section of the consumer base is changing from meat-based to dairy-based products at a global level. The pandemic will positively influence the market, owing to the emerging demand for essential products such as dairy products. On the other hand, the easy availability of alternatives of lactose-free dairy products, such as nuts and cereals, is the key factor restraining the growth of the global lactose-free dairy products market. This report splits the Lactose-Free Dairy Products Market as follows: By Nature: •Organic •Conventional 2
By Product Type: •Milk •Condensed Milk •Milk Powder •Yogurt •Ice Cream •Desserts •Butter/Cheese •Others By Form: •Semi-solid •Liquid •Powder By Distribution Channel: •Supermarket/Hypermarket •Online •Speciality Stores •Others By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain 3
oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) Competitive Landscape: The lactose-free dairy products market report also scans the competitive landscape and profiles the major players operating in the market including Dean Foods, Valio International, Shamrock Foods Company, Arla Foods, The Danone Company Inc., Murray Goulburn Co-Operative, Nestle S.A.,Kerry Group, Cargill, Incorporated, and Fonterra Co-Operative Group Limited, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4