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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Companies in the Lactose Market
Market players are investing in research and development to enhance product quality and variety, as well as strategic partnerships to gain a competitive edge in the market
Fonterra Co-Operative Group Limited was founded in 2001 and its headquarters are in Auckland, New Zealand. Fonterra operates a fast-moving consumer goods business for dairy products and has several subsidiaries and joint-venture companies operating in markets around the world. The company's product portfolio includes milk, butter, cheese, and yoghurt.
Lactalis Group was founded in 1933 and is based in Mayenne, France. It is a dairy company known for its significant presence in the global dairy market. Lactalis has a range of brands, including Président, Galbani, and President, which are well-known for their cheese, milk, and other dairy products.
Kerry Group plc is an Irish food company that was founded in 1972. Its headquarters are in Tralee, Ireland. The company provides food ingredients, taste and nutrition solutions, and consumer foods to the food and beverage industry.
Agropur Cooperative was founded in 1938 and is headquartered in Quebec, Canada. The company operates through various brands and subsidiaries, focusing on quality and innovation in the dairy industry. Its product portfolio includes dairy products such as cheese, milk, and yoghurt.
Other key players in the lactose market report include Royal FrieslandCampina and Arla Foods Amba, among others.
Lactose Market Report Snapshots
Lactose Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The lactose market value is being supported by the expansion of dairy industry, which grew at a CAGR of 2.5% annually until 2020.
The major drivers of the market include the declining breast-feeding rates, increasing awareness regarding the importance of infant nutrition, growing pharmaceutical industry, and rising demand for baked goods.
Key trends aiding market expansion include the thriving dairy industry, the growing demand for infant formula, increasing research and development activities, and new product launches.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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.
Key players in the market are Fonterra Co-Operative Group Limited, Lactalis Group, Royal FrieslandCampina, Kerry Group plc, Agropur Cooperative, and Arla Foods amba, among others.
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