The global Lactose-Free Probiotic Yogurt Market is forecasted to be appraised at USD 25.05 billion by 2032, up from USD 13.6 billion in 2022, advancing at a CAGR of 6.3% during the forecast period.
Lactose-free probiotic yogurt is made without milk’s sugar lactose, and the market includes cheese, yogurt, desserts, and ice creams that are comprised of very less or no lactose content.
These products offer nutritional advantages, and the market demand for lactose-free probiotic yogurt is likely to get spiked by its rising use by consumers.
Report Attribute | Details |
---|---|
Lactose-Free Probiotic Yogurt Market Value (2022) | USD 13.6 Billion |
Lactose-Free Probiotic Yogurt Market Anticipated Value (2032) | USD 25.05 Billion |
Lactose-Free Probiotic Yogurt Projected Growth Rate (2032) | 6.3% |
Sales of lactose-free probiotic yogurt are rising as consumers are moving toward dairy-free probiotic foods and supplements.
Increased awareness regarding better availability of wholesome food and health has grown amongst the population. Since probiotics are rich in vitamins and minerals, the lactose-free probiotic yogurt made using milk from nuts, rice, quinoa, and coconut is witnessing a massive increase in demand.
The white rice flour market is having significant growth as it is benefiting the end-users with their gut health, along with extensively contributing to the body’s microflora.
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Lactose-free probiotic yogurt is made without milk’s sugar lactose. The lactose gets removed by the addition of an enzyme known as lactase to milk or by using the technique of ultrafiltration. This product is made using milk from nuts, rice, and other fruits.
The demand for lactose-free probiotic yogurt is driven by the rising levels of lactose intolerance among people. The food producers are focusing on the use of vegan milk from hazelnuts, peanuts, coconut, rice, and others for the production of lactose-free probiotic yogurt.
Increased awareness regarding health and well-being is propelling the growth of the lactose-free probiotic yogurt market during the forecast period.
Furthermore, poor dietary habits lead to a number of health issues; there is a demand for more functional food in the populace, and lactose-free probiotic yogurt being beneficial for gut health is a major factor driving the growth. In addition to that, lactose-free probiotic yogurt helps in the regulation of digestive health by providing healthy gut bacteria.
Producers offering consumers new options for lactose-free probiotic yogurt intake are likely to boost the demand for this product.
However, the poor taste of lactose-free probiotic yogurt and its high cost are emerging as some of the restraints to the growth of the lactose-free probiotic yogurt market shares. Owing to manufacturing and resourcing processes, the cost of lactose-free probiotic yogurt is high.
Moreover, the high price of alternate milk sources also adds to the cost of lactose-free probiotic yogurt. The food producers are, however, working on enhancing the taste of dairy-free products to fuel the growth of market size.
At present, the anticipated global market of Lactose-Free Probiotic Yogurt Market is majorly occupied by North American and the Asia Pacific regions.
The high consumption level of probiotic food has set to drive the regional market on an upward-facing growth trajectory. A rise in the vegan population in these regions is a prime factor driving the huge market size in North America.
Moreover, dairy-free products are being chosen as healthier alternatives, made using plant-based sources, and are gaining popularity in the region. In addition to that, massive awareness and high disposable income, along with new growth avenues, are presenting themselves to be the market players in the Asia Pacific and Latin American regions.
Furthermore, players are actively eyeing the shares of revenue in these regional markets, coming up with effective marketing strategies, and entering strategic alliances with regional players to gain a better foothold.
A demographic rise of the millennial populace in the region is enhancing the revenue of the market for lactose-free probiotic yogurt.
Some of the most notable names in the fragmented vendor landscape of the global probiotic yogurt market are: Nestle SA, Mother Dairy Fruit and Vegetable Pvt. Ltd., Moringa Milk Industry, Lifeway Foods Incorporation, Lancashire Farm, General Mills Inc., Yakult Honsha Co. Ltd., Valio, Olympic Dairy, Danone, Danisco (Dupont)
Some of the key developments in the lactose-free probiotic yogurt market include:
2017: The study of the impact of heat-treated probiotics on cells, by Nestle, was a one of its kind evaluation done in the field. It was noted that these provide a better balance to immunity over the other live counterparts. This is a significant step in the right direction.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 6.3% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Type, Application, Distribution Channel, Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
Key Companies Profiled | Nestle SA; Mother Dairy Fruit and Vegetable Pvt. Ltd.; Moringa Milk Industry; Lifeway Foods Incorporation; Lancashire Farm; General Mills Inc.; Yakult Honsha Co. Ltd.; Valio; Olympic Dairy; Danone; Danisco (Dupont) |
Customization | Available Upon Request |
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The global lactose-free probiotic yogurt market is projected to advance at a CAGR of 6.3% during the forecast period (2022 to 2032)
As several countries in the Asia Pacific and North American regions are paying attention to health concerns and are getting more inclined toward consuming dairy-free vegan products, the lactose-free probiotic yogurt market size of these regions is expanding.
Some of the most notable names in the fragmented vendor landscape of the global probiotic yogurt market are Nestle SA, Mother Dairy Fruit and Vegetable Pvt. Ltd., Moringa Milk Industry, Lifeway Foods Incorporation, Lancashire Farm, General Mills Inc., Yakult Honsha Co. Ltd., Valio, Olympic Dairy, Danone, and Danisco (Dupont).
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel 5.1. Hypermarket/Supermarket 5.2. Convenience Stores 5.3. Specialty Stores 5.4. E-retailers 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature 6.1. Conventional 6.2. Organic 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East and Africa 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Dean Foods 15.2. Nestle 15.3. Arla Foods 15.4. Danone Company Inc. 15.5. Green Valley Organics 15.6. Kerry Group 15.7. Crowley Foods 15.8. Shamrock Foods Company 15.9. Johnson & Johnson 15.10. Doves Farm Foods 15.11. GreenSpace Brands 15.12. Cargill 15.13. Daiya Foods 15.14. Edlong Dairy Technologies 16. Assumptions & Acronyms Used 17. Research Methodology
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