Lactose-Free Products For Lactose Intolerant People

The increasing incidence of lactose intolerance has led to a rise in demand for lactose free dairy products. Lactose intolerance is characterized as the inability to digest lactose, a...

The increasing incidence of lactose intolerance has led to a rise in demand for lactose free dairy products. Lactose intolerance is characterized as the inability to digest lactose, a disaccharide sugar composed of galactose and glucose found in milk. Lactose-free dairy products contain small amounts of an enzyme called lactase that help digest lactose.

THE BUSINESS RESEARCH COMPANY EXPECTS THE GLOBAL DAIRY MARKET TO GROW TO $808 BILLION BY 2021

Western Europe was the largest region in the dairy market in 2017, accounting for more than one fourth market share. This is mainly due to high demand for cheese, ice cream and other dairy products from a large middle class and affluent population in the region.

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According to The Business Research Company’s Consultant, Nitin Gianchandani, increasing health consciousness and the desire for natural and fresh ingredients is driving the demand for organic cheeses. Organic cheese is manufactured using organic milk and does not contain additives or preservatives. Consumption of organic cheese minimizes the risk of exposure to toxic pesticides, antibiotics, synthetic hormones and genetically modified organisms associated with factory farming method of raising cows.

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Nestlé S.A was the largest player in dairy market, with revenues of $14.5 billion in 2017. Nestle’s growth strategy aims at increasing revenues by enhancing its production capacity and partnering with other companies to improve product offerings. For instance, in May 2017, the company established a new milk products manufacturing facility in Hung yen, Vietnam under the brand name Milo. In FY2017, the company partnered with R&R, a UK-based ice cream company, to create Froneri, a new ice cream, frozen food and chilled dairy business that markets dairy and ice cream products in 22 countries worldwide.

The dairy market comprises establishments involved in manufacturing dairy products from raw milk and processed milk products, manufacturing dry, condensed, concentrated and evaporated dairy, and producing some dairy substitute products.

Dairy Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $6000 for an individual user. To use across your office, the price is $9000 and $12000 if you wish to use across a multinational company.

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