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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
Lactose Market Share
Lactulose is the dominant derivative, driven by its widespread use in various applications
The lactulose segment dominates the market and is expected to continue its dominance due to its increasing use in various applications, particularly in the food and beverages industry where it is used as a sweetener and in the pharmaceutical industry where it is used as a laxative. Galactose is another significant derivative in the global lactose market, driven by its increasing use in various applications such as pharmaceuticals and cosmetics. In the cosmetics industry, it is used as a moisturiser.
Food and beverages segment holds a significant market share due to rising consumption of dairy products
The food segment is anticipated to grow at the fastest pace during the projected timeframe. This is due to the growing demand for dairy product standardisation by the food industry. The food industry has further accelerated lactose market development because demand for lactose has increased, driven by consumption of products like yoghurt, milk, cheese, butter, etc. The feed segment also has a substantial market share as lactose is used as an ingredient in pig feed and other animal feed products. The pharmaceutical industry also uses lactose as an excipient in the formulation of tablets and capsules.
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.
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 2018-2032
21. Europe Historical Price Trends and Forecast 2018-2032
22. Asia Pacific Historical Price Trends and Forecast 2018-2032
23. Latin America Historical Price Trends and Forecast 2018-2032
24. Middle East and Africa Historical Price Trends and Forecast 2018-2032
25. Global Lactose Market Structure
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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