Press release
Key Trends Shaping the Future Lactose Market From 2025-2034: Strategic Collaborations Fueling Lactose Market Growth
Lactose Market Size
The lactose market is set to expand with the anticipated increase in dairy production. Dairy production, which involves the cultivation and processing of milk and related products from animals such as cows, goats, or sheep, causes an upsurge in the availability of raw milk and consequently, an increase in lactose as a byproduct. This surge in dairy production not only results in an abundance of lactose byproducts, making it cost-effective, but also encourages its utilization across various industries including both food and non-food sectors. As reported by the European Commission (EC), the executive branch of the EU based in Belgium, there was a 0.8% increment in raw milk production in the EU in the first half of 2023, taken in August. Thus, lactose market growth is being fueled by the ongoing increase in dairy production.
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What growth opportunities are expected to drive the lactose market's CAGR through 2034?
In recent times, there has been consistent growth in the lactose market size. Projections indicate that it will rise from $1.36 billion in 2024 to $1.41 billion in 2025, with a compound annual growth rate (CAGR) of 3.8%. Factors attributing to this progress during the historical period comprise an increase in the global intake of dairy items, the expansion of the food and beverage sector, heightened demand for infant formula and nutritional supplements, the growth of the pharmaceutical and pharmaceutical excipients industry, and a rising consciousness about health and nutrition.
Anticipations indicate a constant rise in the lactose market in the ensuing years. The forecast suggests an expansion to $1.68 billion by 2029 with a compound annual growth rate (CAGR) of 4.5%. The projected surge during the period can be connected to the augmenting usage of lactose in pet food recipes, growing popularity of products free of lactose and dairy, the need for low-fodmap and gut-friendly constituents, the emerging niche applications in cosmetics and personal care, as well as the spreading of the lactose market into emerging economies. Major upcoming trends within this predicted period comprise cosmetics and personal care products with lactose, high purity lactose and pharmaceutical-grade, lactose in animal feed preparations, instantized lactose for swift dissolution, and personalized lactose blends.
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What are the emerging trends shaping the future of the lactose market?
A significant trend emerging in the lactose market is the focus on strategic partnerships. Major corporations in the lactose industry are intentionally collaborating to broaden their range of products. For example, in February 2022, Nestlé S.A., a Swiss multinational company specializing in food and drink processing, teamed up with Valio Ltd., a Finnish dairy products manufacturer, to strengthen its suite of premium dairy offerings.
Which growth-oriented segments of the lactose market are leading the industry's development?
The lactose market covered in this report is segmented -
1) By Form: Powder, Granule
2) By Purity: Crude Lactose, Edible Lactose, Refined-Edible Grade Lactose
3) By Color: Yellow, Pale-Yellow To White, White
4) By End-Use: Food And Beverages, Confectionery, Animal Feed, Pharmaceutical, Cosmetics, Other End-Users
Subsegments:
1) By Powder: Spray-Dried Lactose, Instant Lactose, Lactose Monohydrate
2) By Granule: Granulated Lactose, Lactose Pellets
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What regions are leading the charge in the lactose market?
North America was the largest region in the lactose market in 2024. The regions covered in the lactose market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the lactose market?
Major companies operating in the lactose market include Kerry Group, Saputo Inc., Lactalis Ingredients, Leprino Foods Company, Glanbia PLC., Lactose India Ltd., Davisco Foods International Inc., DMK Deutsches Milchkontor GmbH, Molkerei MEGGLE Wasserburg GmbH & Co. KG, Royal FrieslandCampina NV, FrieslandCampina, Armor Proteines, Bayerische Milchindustrie eG, Milei GmbH, Fonterra Co-operative Group, Agropur Cooperative, Nestle SA, Danone SA, Dairy Farmers of America Inc., Arla Foods amba, Gujarat Co-operative Milk Marketing Federation Ltd., Inner Mongolia Yili Industrial Group Co Ltd., Ba'emek Advanced Technologies Ltd., Hilmar Cheese Company, Avantor Inc., Danone North America Inc., Kraft Heinz Company, Glanbia Plc, Foremost Farms USA, Erie Foods International Inc.
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What Is Covered In The Lactose Global Market Report?
•Market Size Forecast: Examine the lactose market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the lactose market for a structured understanding.
•Key Players Overview: Analyze major players in the lactose market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the lactose market.
•Segment Contributions: Evaluate how different segments drive overall growth in the lactose market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the lactose market.
•Industry Challenges: Identify potential risks and obstacles affecting the lactose market.
•Competitive Landscape: Review strategic developments in the lactose market, including expansions, agreements, and new product launches.
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