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What is the Anticipated Growth for Lactose Market Size in the Years to Come?
The lactose market size has seen steady growth in recent years. The market size will grow from $1.36 billion in 2024 to $1.41 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. This growth can be attributed to an increased consumption of dairy products worldwide, expansion in the global food and beverage industry, booming demand for infant formula and nutritional supplements, the expansion of the pharmaceutical and pharmaceutical excipients industry, and a rise in health and nutritional awareness.
For the forecasted period, the lactose market size is set to grow to $1.68 billion in 2029 at a compound annual growth rate (CAGR) of 4.5%. Trends such as the increasing use of lactose in pet food formulations, the rising prevalence of lactose-free and dairy-free products, demand for low-fodmap and gut-friendly ingredients, its emerging importance in cosmetics and personal care, and the market expansion in emerging economies are likely to drive the growth.
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What are the Key Factors Driving the Growth of the Lactose Market?
The global lactose market is driven primarily by the rising dairy production. Dairy production refers to the farming and processing of milk and milk-related products. Increased dairy production leads to a higher availability of raw milk, resulting in a greater supply of lactose as a byproduct. The boost in dairy production also results in more lactose byproducts, making lactose more affordable and stimulating its use across various industries, including the food and non-food sectors.
What are the Primary Segments in the Global Lactose Market?
1) By Form: Powder, Granule
2) By Purity: Crude Lactose, Edible Lactose, Refined-Edible Grade Lactose
3) By Color: Yellow, Pale-Yellow To White, White
4) By End-Use: Food And Beverages, Confectionery, Animal Feed, Pharmaceutical, Cosmetics, Other End-Users
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Who are the Major Players in the Lactose Market?
Major companies operating in the lactose market include Kerry Group, Saputo Inc., Lactalis Ingredients, Leprino Foods Company, Glanbia PLC., Lactose India Ltd., Davisco Foods International Inc., DMK Deutsches Milchkontor GmbH, Molkerei MEGGLE Wasserburg GmbH & Co. KG, Royal FrieslandCampina NV.
What are the Current Trends in the Lactose Market?
Strategic collaborations are an emerging trend within the lactose market. Many major companies are focusing on strategic collaborations to expand their product portfolio. For instance, in February 2022, Nestlé S.A. joined forces with Valio Ltd., a Finland-based manufacturer of dairy products to enhance its premium dairy products portfolio.
Which Region is the Largest in the Lactose Market?
North America remained the largest region in the lactose market in 2024. The covered regions in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Lactose Market Report 2025 Offer?
Lactose is a sugar present in milk and is ubiquitous in various dairy products, including ice cream and yogurt. It comprises disaccharides of glucose and galactose units found in milk in amounts ranging from 2–8%. Lactose finds its applications across a wide array of foodstuffs and the pharmaceutical industry. The Lactose Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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