(PharmaNewsWire.Com, March 10, 2018 ) Lactose free food Market -by Type (Milk, Breads, Fats, Soups and Sauces, Desserts), source (soy, rice, coconut, almond and hemp milks), Application (confectionery, bakery products, sauces, and dairy products) and Region – Forecast to 2021
Lactose intolerance is a condition where the body is unable to digest lactose, a sugar present in milk. Lactose-free food products are meant for people with lactose intolerance. They are easy to digest and exhibit an enhanced bioavailability. Lactose-free products are formulated with zero or reduced lactose content to provide nutritional benefits without any negative reactions on the body. The global market for lactose-free food can be divided on the basis of product types into the following categories: lactose-free dairy, lactose-free milk formula, and lactose-free ice cream. Lactose-free dairy held the dominant share of one-thirds of the total market in 2017, which is attributed to the increasing population of consumers suffering lactose intolerance, especially in North America and Europe, which is expected to drive this segment significantly over the forecast period. Lactose-free milk formula is also rapidly emerging owing to a growing number of people seeking the nutritional value of milk in their daily diet.
There has been growing demand of lactose free foods across the world owing to rising incidence of lactose intolerance. According to Lactose Intolerance Global Network (LIGN), majority of the worldwide adult population suffers from lactase deficiency, except for the population of Northern and Central Europe. With growing consumer concern over animal welfare, human health and the environment has led to the rising trend of veganism which has become a mainstream now. Veganism is associated with variety of beneficial health effects such as better heart health, improved diabetes, and lower rates of obesity, among others. Israel, Sweden, Japan, Poland, U.S., Germany, and U.K. have the largest concentration of vegans. Vegans look for animal ingredients alternatives and replace it with vegan ingredients which drives the demand of lactose free food.
The demand for lactose-free food products is accelerated by the factors such as changing consumer food preference and their evolving dietary pattern. Also, lactose free foods have certain benefits associated with it as they are easy to digest, exhibit enhanced bioavailability and will contribute significantly to the market growth of lactose-free products. Clean Label and organic are the major trends in the industry and industrial players are keen to leverage on these recent trends. Industrial players seek to diversify their product portfolio and launch new products in the natural preservatives segment and continue to strategize to keep the consumers interested. With an increasing demand for free-from and specialty food, market players are constantly innovating to meet the changing tastes and demand of the consumers. Companies are keeping themselves focused on product labelling and new product launches in high growth segment.
Lactose free foods demand will grow at a progressive rate in the developing nations as the emerging economies such as India, China and Brazil have a lot of room for growth. There has been less of structural rigidities and high rates of economic and demographic growth which has indirectly contributed to the growth of lactose free food market.
Key players :
McNeil Nutritionals, LLC, Cargill, Inc., Galaxy Nutritional Foods, Inc., Green Valley Organics, Edlong Dairy Technologies, and Crowley Foods in the U.S., Arla Foods in Denmark, OMIRA Oberland-Milchverwertung in Germany, Parmalat SpA in Italy, Valio Ltd. in Finland, Alpro in Belgium, Daiya Foods Inc. in Canada, Doves Farm Foods Ltd in the U.K., Fonterra Co-operative Group Limited in New Zealand, and Kerry Group in Ireland.
The key market players :
Daiya Foods, Inc. and Lactaid, Silk, Hail Marry, Lucy’s, Go Max Go, Simply Protien, Enjoy Life, Katefarms, Dr. Praeger, Alpro,Amy’s Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Crowley Foods, Doves Farm Food, Edlong Dairy Technologies, Emmi, Fonterra, Galaxy Nutritional Foods, General Mills, Green Valley Organics, HP Hood, Kerry Group, Murray Goulburn, Sweet William, TINE Laktosefri, WhiteWave Foods.
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