Lactose Free Food Market SWOT Analysis, Top Trends and Major Key Players Barry Callebaut, General Mills Inc. - PowerPoint PPT Presentation

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Lactose Free Food Market SWOT Analysis, Top Trends and Major Key Players Barry Callebaut, General Mills Inc.

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Title: Lactose Free Food Market SWOT Analysis, Top Trends and Major Key Players Barry Callebaut, General Mills Inc.


1
Lactose Free Food Market
Global Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2030
2
Lactose Free Food Market Global Research Report -
Forecast till 2030
Lactose intolerance is a problem in adults unable
to digest foods consisting of lactose. Lactose
free foods contain dairy alternatives such as
almond milk and others which can be found at
supermarkets. High sales of these foods are an
indicator of its bright potential. The global
lactose free food market report by Market
Research Future (MRFR) comprises drivers, trends,
and opportunities for the period of 2020 to 2030
(forecast period). Market Scope The global
lactose free food market is expected to display a
stellar growth rate during the forecast period
owing to a rise in lactose intolerance cases.
Awareness of these foods and its consumption due
to lifestyle changes can drive market growth.
Availability of these products at neighborhood
stores and retail chain outlets is an indicator
of the reach of the market. Social media
campaigns are also likely to influence consumers
due to the consumption of news from smartphones
and portable devices. Introduction of lactose
free ice creams and infant food are trends which
can encourage market growth. The large birth
rates globally can influence market demand
greatly. For instance, Brayers has introduced two
new flavors of ice-cream, namely vanilla-free ice
cream and chocolate-free ice-cream. The market
can face a challenge in the form of these
products being expensive to customers in
developing economies.
3
Lactose Free Food Market Global Research Report -
Forecast till 2030
Get Sample Report https//www.marketresearchfut
ure.com/sample_request/1602 Segmentation The
global lactose free foods market is segmented
into type and source. By type, it is segmented
into desserts, fats, milk, bread, soups sauces,
and others. The milk segment is expected to
capture a major share of the global lactose free
foods market during the forecast period. However,
the bread segment is can expand at a high pace in
the near future. By source, the market is
segmented into almond, soy, coconut, rice, and
hemp milk. The soy segment is anticipated to hold
a large global lactose free foods market share.
This can be credited to soy which is protein-rich
and calcium. Low price of soy milk compared to
its counterparts can drive its growth in the
coming years. However, the almond milk segment is
projected to expand at a high pace during the
forecast period.
4
Lactose Free Food Market Global Research Report -
Forecast till 2030
Regional Analysis The global lactose free foods
market is segmented into North America, Europe,
Asia Pacific (APAC), and Rest-of-the-World
(RoW). Europe accounted for 50 share of the
global lactose free foods market in 2018. It can
dominate the global market till the end of the
forecast period owing to cases of lactose
intolerance among consumers. Rise of veganism
among the public and demand of dairy-free foods
can influence the market presence greatly in the
region. Germany is one of the biggest
contributors of the region. North America
accounted for 30 market share in 2018. Concerns
over animals and environments are likely to spike
the production of lactose-free foods in the
region. Clean labeling trends and high demand for
organic foods can bode well for the market. The
market can see growth due to establishment of
vegan cafes and restaurants. On the other hand,
APAC is deemed to exhibit the highest growth rate
during the forecast period. Easy digestibility of
these foods as well as the large vegetarian
populace is attractive factors which can lead to
investments from leading market players.
5
Lactose Free Food Market Global Research Report -
Forecast till 2030
  • Major Players
  • Barry Callebaut
  • General Mills Inc.
  • Dean Foods
  • Daiya Foods
  • Arla Foods
  • Galaxy Nutritional Foods Inc.
  • WhiteWave Foods
  • Amy's Kitchen
  • Fonterra Co-operative Group Limited
  • Land O'Lakes Inc.

6
Lactose Free Food Market Global Research Report -
Forecast till 2030
About Us -Market Research Future Market Research
Future (MRFR) is a world-renowned market research
company that offers a wide range of services,
complete with accurate and precise analysis about
diverse markets, sub-markets, and target
consumers. Our approach is a combination of
extensive information and multiple data sources
that help provide an exhaustive comprehension
about the latest major developments to the
client, in addition to future events and what
measures and decisions to take on the basis of
the same. Our fast-emerging market research firm
is armed with an adept research analysts team
that focuses on gathering useful data and
analytics in terms of economic and technological
advances. Our proficient analysts conduct
industrial visits in a bid to achieve reliable
and accurate information from established market
participants. One of our foremost objectives is
to keep the client well-versed with all the
lucrative opportunities as well as challenges
surrounding various global markets. We offer
step-by-step guidance to our clients, through
consulting and strategic services, enabling them
to arrive at a practical and effective decision.
For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
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