The Lactose-Free Products Market is estimated to be valued at USD 12.1 billion in 2021 and is projected to reach USD 20.4 billion by 2027, recording a CAGR of 10.7 %, in 2021-2027.
Lactase is becoming increasingly important among dairy producers as a result of the growing demand for lactose-free food products. It has boosted interest in foods without lactose because lactose prejudice is quite common among people all over the world. As a result, dairy producers are increasingly motivated to expand their line of products without lactose. This has encouraged lactase manufacturers to release new products. People all across the world are becoming more conscious of what they eat and are becoming compelled to take supplements as a result of the COVID-19 flare-up. Long-term, this has contributed to lactase's advancement among manufacturers of nutritional supplements. Lactase supplements, which can be consumed and come in a variety of forms, are currently becoming more common since they can help with reducing or avoiding many of the negative effects that might occur when someone with lactose intolerance consumes dairy. Additionally, the market for lactase has a wealth of incredible learning opportunities as a result of ongoing R&D on multiple sources to separate lactase. Moreover, rising interest in dairy products without lactose is predicted to be accelerated by rising general health awareness and dietary concerns.
However, growing demand for plant-based dairy products like soy, almond, and coconut milk is anticipated to drive lactase market growth in the near future. Additionally, barriers to business sector development include variables including shifting consumer preferences for non-dairy substitutes, high production costs, and a lack of creative capability for lactase extraction.
The Key Players in the lactose free food products Market are as follows: Arla Foods, GCMMF (Amul), OMIRA Oberl and Milchverwertung Ravensburg, Parmalat, Valio, McNeil Nutritionals, LLC (Lactaid), and Crowley Foods, Yoplait USA, INC., Agropur Cooperative (Natrel), Edlong Dairy Technologies among the others.
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The market is segmented into yeast, growths, and microorganisms according to the source. The yeast fragment is anticipated to be the largest in 2019. The excess lactase from yeast is hence what drives the fragment's growth. The focus of ongoing research and development is on various origins of lactase catalysts, such as tiny organisms and parasites. According to emerging research, plant-based lactase proteins are almost as beneficial to digestive health as lactase molecules derived from living things. As a result, increased investment in R&D projects on diverse lactase catalyst sources encourages manufacturers to build and improve their organizations.
By Application, the Lactose Free Food Products Market is divvied up into serving sizes for dairy products including milk, yoghurt, frozen yoghurt, cheddar, and others. Dairy producers are looking for lactase because milk is the primary ingredient. Milk is the dairy product that is most often consumed worldwide. Because non-lactose milk is becoming more and more prevalent compared to conventional milk, lactase is a favourite among milk producers. Yogurt without lactose and frozen yoghurt are becoming more popular as well. A common dairy product with a variety of health benefits, yoghurt is growing in popularity around the world. This is anticipated to result in a considerable increase in the use of lactase in yoghurt during the review period.
The largest share of the global lactase market in 2019 was in North America due to the widespread prevalence of lactose narrow-mindedness in the population. Additionally, a growing number of local clienteles are using lactase pills to prevent lactose acid reflux. The US is the main market for lactase in North America. Due to growing consumer interest in non-dairy products, which is being fueled by a rise in the prevalence of food intolerance and sensitivities, the market in the United States is expected to grow quickly.
Europe holds the second-largest share of the entire industry during the review period. Dairy compounds are in high demand given the developed food and beverage manufacturing sector in Europe. Additionally, the regional economy is being driven by specialized advancements as well as the collaboration of important European manufacturers like DSM and Chr. Hansen Holding A/S. The region's inspired outlook on health and nutrition has led to an increase in per capita spending on lactase-based dietary supplements.