Lactose Market Size & Share, by Form (Powder, Granule); Derivative (Galactose, Monohydrate, Lactulose, Lactitol); Purity (Edible, Crude, Refined Edible); End-user (Food & Beverages, Functional Foods, Confectionery, Animal Feed, Pharmaceutical, Cosmetics & Personal Care) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4424
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Lactose Landscape

    • DuPont de Nemours, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Fonterra Co-operative Group Limited
    • Glanbia plc
    • Merck KGaA
    • Agropur cooperative
    • Arla Foods amba
    • Lactalis Group
    • Kerry Group plc
    • Lactose India Limited
    • MILEI GmbH 

Browse Key Market Insights with Data Illustration:


In The News

  • Kerry Group plc has entered an agreement with Kraft Heinz to acquire its B2B powdered cheese business and related assets for USD 107.5 million. As a result of this acquisition, Kerry is expected to increase its scale, manufacturing capability, and customer base in the snacking category.

  • Fonterra Co-operative Group Limited has welcomed the Milk-E, New Zealand's first ever electric milk tanker. Fonterra's Milk-E program is one of a number of programs supporting the Co-op's efforts toward being a leader in sustainability through fleet decarbonization.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4424
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising awareness about the benefits of consuming lactose, growing consumption of dietary supplements, and escalating growth in pharmaceutical industry are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023-2033.

Lack of awareness about lactose, high cost of refined edible grade lactose, and convenient access to the alternative sources of lactose are estimated to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are DuPont de Nemours, Inc., Fonterra Co-operative Group Limited, Glanbia plc, Merck KGaA, Agropur cooperative, Arla Foods amba, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by form, derivative, purity, end-user, and by region.

The food & beverages segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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