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The global lactose-free products market is expected to witness strong demand in the upcoming years. This is mainly due to the increasing awareness of lactose intolerance among the consumers and the strong demand for decreased added sugar or no added sugar products globally.
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Lactose-Free Products Market Lactose-Free Products Market by Type (Milk, Yogurt, Cheese, Confectionery Products and Others), By Form, By Category (Organic and Inorganic) and By Region – Global Opportunities & Forecast, 2020-2027 Ice-cream, GMI Research GMI Research See the Future Insights 1
The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers. For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/lactose-free-products-market/ The Lactose-Free Products Market drivers and trends are as follows: The global lactose-free products market is expected to witness strong demand in the upcoming years. This is mainly due to the increasing awareness of lactose intolerance among the consumers and the strong demand for decreased added sugar or no added sugar products globally. According to the National Center for Biotechnology Information (NCBI), near 65% of the global population is prone to lactose intolerance. This is one of the key drivers driving the demand for lactose-free food products in the market. Moreover, the rising health awareness and wellness concerns among the consumers is further bolstering the growth of the market during the forecast period. The demand for lactose-free products is drastically rising, especially in Europe and the U.S., driven by the growing self-diagnosed lactose intolerance cases among the consumers. The growing innovations in lactose-free dairy products have increased the health benefits offered by lactose-free dairy products. The major dairy manufacturers focus on expanding their consumer base by reducing fat and sugar content, encouraging easy digestion, and developing a variety of products by mixing different lactose-free ingredients with healthy ingredients. In addition to this, the growing willingness of consumers to pay more for food & beverage with health benefits is further creating new growth opportunities for the market. On the other edge of the spectrum, the high prices of lactose-free products are a major driver that is hindering the growth of the market in the upcoming years. Key Benefits of the Report: 2
•This report offers an analytical depiction of the lactose-free products market while providing the current trends and future estimations to determine the imminent investment pockets. •This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the lactose-free products market share. •The report also provides a detailed lactose-free products market analysis based on competitive intensity and how the competition will take shape over the next six years. Various companies covered in the Lactose-Free Products Market report: •The Coca-Cola Company •Gujarat Cooperative Milk Marketing Federation (GCMMF) •Nestle SA •Danone Company S.A. •Valio Ltd. •Johnson & Johnson Services, Inc. •General Mills Inc. •Lifeway Foods, Inc. •LALA U.S., Inc. •Organic Valley Segmentation of the Lactose-Free Products Market: Breakup byType: •Milk o Plain o Flavored o Others •Yogurt o Set o Drinking/ Ambient o Regular 3
o Probiotic o Others •Cheese o Cheddar o Cottage o Hard o Soft o Others •Ice cream •Confectionery products •Others Breakup by Form: •Lactose-free •No added sugar products/ reduced sugar claims •Reduced lactose products Breakup by Category: •Organic •Inorganic Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe 4
•RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address: Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5