The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.
The Lactose Intolerance Treatment by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Lactose Intolerance Treatment, The lactose intolerance treatment market size has grown strongly in recent years. It will grow from $30.52 billion in 2023 to $32.78 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to increased awareness, changing dietary patterns, global rise in lactose intolerance cases, growing healthcare infrastructure, consumer preferences for natural and alternative products, government investments.The lactose intolerance treatment market size is expected to see strong growth in the next few years. It will grow to $43.59 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
Technological advancement emerges as a notable trend in the lactose intolerance treatment market, with major companies actively working on developing technological solutions to enhance their market presence. As an example, in July 2023, Nestlé, a Swiss multinational food and drink processing conglomerate corporation, unveiled a versatile and cost-effective sugar reduction technology. This technology is designed to be applied across various product categories, providing benefits beyond sugar reduction. Additionally, it can be employed to produce low lactose and skimmed milk-based products while simultaneously reducing total sugars.
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The lactose intolerance treatment market covered in this report is segmented –
1) By Treatment: Food Supplements, Enzyme Lactase Supplements, Probiotics, Other Treatments
2) By Intolerance Type: Primary Lactose Intolerance, Secondary Lactose Intolerance, Congenital Lactose Intolerance, Developmental Lactose Intolerance
3) By Route of Administration: Oral, Injectable
4) By End Users: Hospitals, Homecare, Specialty Clinics, Other End Users
Top Major Players
Johnson & Johnson Services Inc.,
Abbott Laboratories Inc.,
Macleods Pharmaceuticals Limited,
Nature’s Way Brands LLC,
Profarma
The lactose intolerance treatment market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Lactose Intolerance Treatment Market, Segmentation By Treatment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Lactose Intolerance Treatment Market, Segmentation By Intolerance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Lactose Intolerance Treatment Market, Segmentation By Route of Administration, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: Johnson & Johnson Services Inc. Financial Performance
Table 76: Abbott Laboratories Inc. Financial Performance
Table 77: Macleods Pharmaceuticals Limited Financial Performance
Table 78: Nature’s Way Brands LLC Financial Performance
Table 79: Profarma Financial Performance
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