Lactose Free Dairy Market
Lactose Free Dairy Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Lactose Free Dairy Market Size and Growth
The lactose-free dairy market is expanding rapidly, driven by rising health awareness and lactose intolerance prevalence. In 2023, the market size is valued at approximately $14 billion, with significant growth expected through 2028. Key trends include product innovation and increased availability in retail, catering to diverse consumer preferences and dietary needs.
Companies Covered
(Covid 19 Impact Covered)
◍ Green Valley Organics
◍ McNeil Nutritionals, LLC
◍ Valio International
◍ Alpro
◍ Arla Foods
◍ Cabot Creamery Cooperative
◍ Saputo Dairy Products Canada
◍ Dean Foods
◍ The Danone Company Inc.
◍ Smith Dairy Products Co.
◍ Granarolo Group
◍ Gujrat Cooperative Milk Marketing Federation Ltd.
◍ Omira
◍ Hiland Dairy Foods
◍ Meggle
The lactose-free dairy market features key players like Green Valley Organics, Arla Foods, and Danone, driving growth through innovative products and marketing strategies. Companies leverage health trends and expanding consumer bases to increase sales. Notable sales figures include:
- Danone: €25.3 billion
- Nestle: CHF 94.4 billion
- Alpro: €620 million.
◍ Murray Goulburn Co-Operative (Liddells)
◍ Nestle S.A.
◍ General Mills Inc. (Yoplait)
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Market Segmentation
By Application
◍ Supermarket/Hypermarket
◍ Convenience Stores
◍ Specialty Stores
◍ E-Retailers
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By Product
Milk
Condensed Milk
Milk Powder
Yoghurt
Ice Cream
Deserts
Butter/Cheese
Infant Formula
Processed Milk Products
Market Growth
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$ X Billion USD
