Lactose-free food is used as a replacement for dairy-free products. Lactose intolerance is a condition where the body is unable to digest lactose, a type of sugar naturally present in the cow milk. The lactose-free foods were initially formulated for the population having lactose intolerance and associated allergies. However, the trending consumption of plant-based dairy alternatives has propelled the growth of lactose-free foods among general consumers as well. The evolving consumer’s preferences towards vegan, highly convenient and nutritious food products owing to the fast-paced lifestyles has nudged manufacturers to embark on innovation in dairy alternatives category. The introduction of innovative foods such as lactose-free ice creams is expected to further boost its market growth.
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The incidences of infants and adults having lactose intolerance have increased in recent years which has spurred the consumption rate of lactose-free food. The consumers across the globe are shifting towards vegan diet due to reasons such as health awareness, animal welfare, and environmental sustainability. These factors have cumulatively aided in the global lactose-free food market.
Top Key Players of Lactose-free Food Market:-
- Cargill, Inc.,
- Galaxy Nutritional Foods, Inc.,
- Green Valley Organics,
- Edlong Dairy Technologies,
- Parmalat SpA, Valio Ltd.,
- OMIRA Oberland-Milchverwertung,
- Crowley Foods,
- Arla Foods.
Report Analysis and Objectives:-
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COVID-19: Shutdown of Restaurants & Cafes May Hinder Growth
The outbreak of the COVID-19 pandemic worldwide has taken a toll on the Lactose-free Food Industry. Almost every offline food chain, such as cafeterias and restaurants are shut down completely in various countries. But, online food delivery services are still under operation. In addition to this, companies manufacturing packaged food and beverages are exhibiting a high rate of sales because of their possession of certain beneficial properties. These products have long shelf-lives and hence consumers are stocking up their pantries, fearing the lockdown.
What Does This Report Include?
Our skilled team of analysts has developed a specially curated report to help you in understanding the impact of COVID-19 on this market. The report is developed by conducting in-depth primary and secondary research. It includes analysis of various regions and nations, as well as the current trends that are being followed in these regions. Multiple approaches were taken up by our team to derive the market growth rate and value. Also, it presents enhanced data collected through secondary sources, namely, company websites, journals, business magazines, and press releases. The analysis of each nation is given by studying several macro-economic factors, regional players, consumer behavior, and government policies. Our clients would be able to take positive steps towards regaining business confidence by analyzing the Lactose-free Food market Share, growth drivers, obstacles, challenges, and opportunities.
By Geography Analysis:-
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (South Africa, UAE, and Rest of ME&A)
Browse Detailed Summary of Research Report With TOC: https://www.fortunebusinessinsights.com/lactose-free-food-market-103275
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