Global Lactose-free Foods Industry

Global Lactose-free Foods Industry

  • July 2020 •
  • 180 pages •
  • Report ID: 5899804 •
  • Format: PDF
Global Lactose-free Foods Market to Reach $18.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Lactose-free Foods estimated at US$9.7 Billion in the year 2020, is projected to reach a revised size of US$18.4 Billion by 2027, growing at aCAGR of 9.6% over the period 2020-2027. Lactose-Free Dairy, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$11.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lactose-Free Baby Food segment is readjusted to a revised 9.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 12.7% CAGR

The Lactose-free Foods market in the U.S. is estimated at US$2.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2027 trailing a CAGR of 12.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.6% and 8.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.We bring years of research experience to this 7th edition of our report. The 180-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Alpro UK Ltd.
  • Amy’s Kitchen, Inc.
  • Arla Foods Amba
  • Barry Callebaut AG
  • Cargill, Inc.
  • Cargill, Inc.
  • Chr. Hansen Holdings A/S
  • Crowley Foods, Inc.
  • Daiya Foods, Inc.
  • Dean Foods Company
  • Edlong Dairy Technologies
  • Edlong Dairy Technologies
  • Emmi AG
  • Fonterra Co-operative Group Ltd.
  • Galaxy Nutritional Foods, Inc.
  • Galaxy Nutritional Foods, Inc.
  • General Mills, Inc.
  • Green Valley Organics
  • Green Valley Organics
  • HP Hood LLC
  • Land O’Lakes, Inc.
  • Murray Goulburn Co-operative Co. Limited (Devondale Murray Goulburn)
  • Parmalat SA (Pty) Ltd.
  • Tine AS
  • Valio Oy
  • WhiteWave Foods Company