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Lactose Market

Global Lactose Market Size, Share, Analysis, Forecast: By Derivative: Lactulose, Galactose, Lactitol, Lactosucrose, Others; By Form: Powder, Granule; By End Use: Food and Beverages, Confectionery, Animal Feed, Pharmaceutical, Cosmetics, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

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: Market 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 market based on the Porter's five forces model along with giving a SWOT analysis.

 

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:

  • Derivative
  • Form
  • End Use
  • Region
Breakup by Derivative
  • Lactulose
  • Galactose
  • Lactitol
  • Lactosucrose
  • Others
Breakup by Form
  • Powder
  • Granule
Breakup by End Use
  • Food and Beverages
  • Confectionery
  • Animal Feed
  • Pharmaceutical
  • Cosmetics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Fonterra Co-Operative Group Limited
  • Lactalis Group
  • Royal FrieslandCampina
  • Kerry Group plc
  • Agropur cooperative
  • Arla Foods amba
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*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    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Lactose Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Lactose Historical Market (2018-2023) 
    8.3    Global Lactose Market Forecast (2024-2032)
    8.4    Global Lactose Market by Derivative
        8.4.1    Lactulose
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Galactose
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Lactitol
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Lactosucrose
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Lactose Market by Form
        8.5.1    Powder
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Granule
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Lactose Market by End Use
        8.6.1    Food and Beverages
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Confectionery
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Animal Feed
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Pharmaceutical
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Cosmetics 
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Others    
    8.7    Global Lactose Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Lactose Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Lactose Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Lactose Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Lactose Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Lactose Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price  Analysis
    17.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Competitive  Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Fonterra Co-Operative Group Limited
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Lactalis Group
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Royal FrieslandCampina
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Kerry Group plc
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Agropur cooperative
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Arla Foods amba
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market


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 Key Figures and Tables

1.    Global Lactose Market: Key Industry Highlights, 2018 and 2032
2.    Global Lactose Historical Market: Breakup by Derivative (USD Billion), 2018-2023
3.    Global Lactose Market Forecast: Breakup by Derivative (USD Billion), 2024-2032
4.    Global Lactose Historical Market: Breakup by Form (USD Billion), 2018-2023
5.    Global Lactose Market Forecast: Breakup by Form (USD Billion), 2024-2032
6.    Global Lactose Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Lactose Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Lactose Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Lactose Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Lactose Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Lactose Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Lactose Market Structure

Key Questions Answered in the Report

The major drivers of the market include the declining breast-feeding rates, increasing awareness regarding the importance of infant nutrition, increasing disposable incomes, rising standards of living, growing pharmaceutical industry, increasing demand for baked goods, confectionery, creams, increasing research and development activities, and new product launches.

The thriving dairy industry and the growing demand for infant formula across the globe are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Based on derivative, the market is divided into lactulose, galactose, lactitol, and lactosucrose, among others.

The market is divided based on form into powder and granule.

The end-uses are food and beverages, confectionery, animal feed, pharmaceutical, and cosmetics, among others.

The major players in the industry are Fonterra Co-Operative Group Limited, Lactalis Group, Royal FrieslandCampina, Kerry Group plc, Agropur cooperative, and Arla Foods amba, among others.

Analyst Review

The global lactose market was driven by the thriving dairy industry in the historical period. Aided by declining breast-feeding rates and the growing demand for infant formula, the market is expected to witness further growth in the forecast period of 2024-2032.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on derivative, the market is divided into lactulose, galactose, lactitol, and lactosucrose, among others. The market is divided based on form into powder and granule. The end-uses are food and beverages, confectionery, animal feed, pharmaceutical, and cosmetics, among others. The major regional markets for lactose are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Fonterra Co-Operative Group Limited, Lactalis Group, Royal FrieslandCampina, Kerry Group plc, Agropur cooperative, and Arla Foods amba, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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