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Global Lactose Market: By Derivative: Lactulose, Galactose, Lactitol, Lactosucrose, Others; By Form: Powder, Granule; By End Use: Food and Beverages, Confectionery, Animal Feed, Pharmaceutical, Cosmetics; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Lactose Market Outlook

The global lactose market is being supported by the thriving dairy industry, which witnessed an increase of 2.5% annually until 2020.

 

 

Global Lactose Market

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Increasing Demand for Refined-Edible Grade Lactose to Aid the Global Lactose Industry Growth

The rising demand for refined-edible grade lactose is expected aid the industry growth in the forecast period. This can be attributed to the stringent guidelines around the global purity level of lactose in industries like pharmaceuticals and infant formula. Further, new innovations like dry-blend infant-grade lactose and others are also expected to contribute to the growth of the segment.

 

North America to Significantly Contribute to the Global Lactose Industry

Geographically, North America is a significant region in the global market for lactose. The growth can be attributed to the increasing penetration of leading players, thriving food and beverages industry, and stringent food and safety regulations in the region. Moreover, the growing pharmaceutical industry is significantly contributing to the demand for refined-edible grade lactose, thus, further propelling the lactose industry growth in North America. Meanwhile, the Asia Pacific is expected to witness a robust growth in the forecast period owing to the rapidly increasing demand for infant formula in countries like China and India. This can be attributed to the presence of a large population, rising awareness, and improving standards of living. Additionally, the increasing feed production in the region is also aiding the industry growth as lactose has applications in feed industry, especially as an ingredient for pig feed.

 

Lactose: Industry Definition and Segmentation

Lactose, composed of glucose and galactose, is a by-product of cheese manufacturing. When cheese is manufactured, the liquid whey gets separated as a by-product, which is further evaporated and processed to obtain crystalline lactose.  Several dairy products like cheese, butter, milk cream, and others contain lactose. However, human milk is found to have the highest concentrations of lactose. Commercially, lactose is produced in various purity ranges and colours, with each variant having specific characteristic properties.

 

Global Lactose Market By Derivative

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By derivative, the market is divided into:

  • Lactulose
  • Galactose
  • Lactitol
  • Lactosucrose
  • Others

The market is divided based on form into:

  • Powder
  • Granule

On the basis of end use, the industry can be segmented into:

  • Food and Beverages
  • Confectionery
  • Animal Feed
  • Pharmaceutical
  • Cosmetics 
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Lactose Market By Region

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Rising Demand for Infant Formula to Bolster the Growth of the Lactose Industry

The lactose industry is being driven by the growing demand for infant formula across the globe. The declining breast feeding rates and the increasing awareness regarding the importance of infant nutrition are driving the demand for infant formula. Further, the increasing disposable incomes and the rising standards of living in developing nations are significantly contributing to the industry growth. Additionally, the growing pharmaceutical industry, coupled with the increasing demand for baked goods, confectionery, creams, and others, is also boosting the industry growth.

Over the forecast period, increasing R&D activities and the new product launches by the leading players are expected to further boost the market growth.

 

Key Industry Players in the Global Lactose Market

The report gives a detailed analysis of the following key players in the global lactose market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Fonterra Co-Operative Group Limited
  • Lactalis Group
  • Royal FrieslandCampina
  • Kerry Group plc
  • Agropur cooperative
  • Arla Foods amba
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Lactose Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Lactose Historical Market (2016-2020) 
    8.3    Global Lactose Market Forecast (2021-2026)
    8.4    Global Lactose Market by Derivative
        8.4.1    Lactulose
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Galactose
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Lactitol
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Lactosucrose
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Others
    8.5    Global Lactose Market by Form
        8.5.1    Powder
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Granule
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Lactose Market by End Use
        8.6.1    Food and Beverages
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Confectionery
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Animal Feed
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Pharmaceutical
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Cosmetics 
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Others
    8.7    Global Lactose Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country Kingdom
            9.2.3.1    United 
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis 

    12.1    Major Importing Countries
        12.1.1    By Volume
        12.1.2    By Value
    12.2    Major Exporting Countries
        12.2.1    By Volume
        12.2.2    By Value
13    Price Analysis
    13.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Fonterra Co-Operative Group Limited
            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    Lactalis Group
            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    Royal FrieslandCampina
            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    Kerry Group plc
            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    Agropur cooperative
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Arla Foods amba
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Others
15    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Lactose Market: Key Industry Highlights, 2016 and 2026
2.    Global Lactose Historical Market: Breakup by Derivative (USD Billion), 2016-2020
3.    Global Lactose Market Forecast: Breakup by Derivative (USD Billion), 2021-2026
4.    Global Lactose Historical Market: Breakup by Form (USD Billion), 2016-2020
5.    Global Lactose Market Forecast: Breakup by Form (USD Billion), 2021-2026
6.    Global Lactose Historical Market: Breakup by End Use (USD Billion), 2016-2020
7.    Global Lactose Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8.    Global Lactose Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Lactose Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Lactose Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Lactose Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Lactose Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Lactose Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Lactose Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Lactose Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Lactose Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Lactose Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Lactose Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Lactose Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    North America Historical Price Trends and Forecast 2016-2026
21.    Europe Historical Price Trends and Forecast 2016-2026
22.    Asia Pacific Historical Price Trends and Forecast 2016-2026
23.    Latin America Historical Price Trends and Forecast 2016-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
25.    Global Lactose Market Structure

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