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Australia Lactose Free Infant Formula Market Size, Growth: By Type: Conventional, Organic; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Australia Lactose Free Infant Formula Market Outlook
The Australia lactose free infant formula market size was valued at USD 83.7 million in 2023. The market is further projected to grow at a CAGR of 3.2% between 2024 and 2032, reaching a value of USD 111.9 million by 2032.
Key Takeaways
- Approximately 75% of the global population is intolerant to lactose. However, in Australia, the prevalence of lactose intolerance is 15%.
- Cow Milk’s Allergy (CMA) is one of the most common allergies seen in infants in Australia, with a prevalence of more than 2% (1 in 50 infants).
- As per industry reports, key lactose free infant formula manufacturers are Nestlé Australia Ltd, Sanulac Nutritionals Australia Pty Ltd, and Nutricia Australia Pty Limited.
Some of the factors aiding the expansion of the lactose-free infant formula market include the increasing prevalence of lactose intolerance among infants, the growing consumer awareness about lactose intolerance and its symptoms, the growing preference for premium and high-quality products certified by the government for better infant nutrition, and the advancements in formulation technology and research in the field. Additionally, the market is witnessing a surge in the launch of innovative lactose-free formulas with additional nutritional benefits like probiotics and prebiotics.
The Australia lactose free infant formula market growth is also benefiting from the increasing number of lactose-intolerant newborns, the rising adoption of infant formula as a substitute for breastfeeding, and the growing demand for natural and sustainable ingredients in infant formula products.
Conventional lactose-free infant formula products, known for their affordability and effectiveness in addressing lactose intolerance issues in infants, hold a significant market share in Australia. These formulas are favoured by price-conscious consumers seeking a cost-effective solution and are widely available in supermarkets, hypermarkets, and convenience stores. Examples of conventional variants include popular brands like S-26 Gold Alula Lactose Free Infant Formula and Karicare Goat Milk Infant Formula, known for their standard ingredients and ability to alleviate symptoms of lactose intolerance effectively
On the other hand, the organic segment is experiencing rapid growth in Australia lactose free infant formula market share, driven by increasing consumer awareness of the benefits of natural and organic products for infant nutrition. Organic lactose-free infant formula products are often found in specialty stores and online retail platforms. Examples of organic variants include brands like Bellamy's Organic Infant Formula and Holle Organic Infant Formula, known for their clean-label formulations free from synthetic additives, GMOs, and pesticides, appealing to health-conscious parents seeking wholesome options for their infants.
Market Segmentation
Australia Lactose Free Infant Formula Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Conventional
- Organic
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Competitive Landscape
Market players are focused on product innovation and diversification to offer a wide range of lactose-free options, including flavoured varieties and fortified formulas.
- Nestlé Australia Ltd
- Woolworths Group Limited
- Sanulac Nutritionals Australia Pty Ltd.
- Nutricia Australia Pty Limited
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Lactose Free Infant Formula Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Lactose Free Infant Formula Market Historical Market (2018-2023)
8.3 Asia Pacific Lactose Free Infant Formula Market Forecast (2024-2032)
9 Australia Lactose Free Infant Formula Market Overview
9.1 Key Industry Highlights
9.2 Australia Lactose Free Infant Formula Market Historical Market (2018-2023)
9.3 Australia Lactose Free Infant Formula Market Forecast (2024-2032)
10 Australia Lactose Free Infant Formula Market by Type
10.1 Conventional
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Organic
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Lactose Free Infant Formula Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Online Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Lactose Free Infant Formula Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Nestlé Australia Ltd
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Woolworths Group Limited
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Sanulac Nutritionals Australia Pty Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Nutricia Australia Pty Limited
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Lactose Free Infant Formula Market: Key Industry Highlights, 2018 and 2032
2. Australia Lactose Free Infant Formula Market: Key Industry Highlights, 2018 and 2032
3. Australia Lactose Free Infant Formula Market Historical Market: Breakup by Type (USD Million), 2018-2023
4. Australia Lactose Free Infant Formula Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Australia Lactose Free Infant Formula Market Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Australia Lactose Free Infant Formula Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Australia Lactose Free Infant Formula Market Historical Market: Breakup by Region (USD Million), 2018-2023
8. Australia Lactose Free Infant Formula Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Australia Lactose Free Infant Formula Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 83.7 million.
The market is expected to grow at a CAGR of 3.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 111.9 million by 2032.
The market is being driven due to increasing number of lactose-intolerant newborns, the rising adoption of infant formula as a substitute for breastfeeding, and the growing demand for natural and sustainable ingredients in infant formula products.
Key trends aiding the market expansion include the growing consumer awareness about lactose intolerance and its symptoms, launch of innovative lactose-free formulas with additional nutritional benefits like probiotics, and the advancements in formulation technology and research in the field.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on distribution channel, the market segmentations include supermarkets and hypermarkets, convenience stores, online stores, among others.
Conventional and organic variants are considered in the report.
Key players in this market include Nestlé Australia Ltd, Woolworths Group Limited, Sanulac Nutritionals Australia Pty Ltd, and Nutricia Australia Pty Limited, among others.
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