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Veganism is a rapidly expanding lifestyle most prevalent in North America and Europe. Furthermore, a large proportion of the population is lactose intolerant or allergic. Non-dairy products are becoming increasingly popular among this demographic because they do not contain lactose.
Data Bridge Market Research analyses that the lactose-free yogurt market was valued at USD 3117.4 million in 2021 and is expected to reach the value of USD 5727.49 million by 2029, at a CAGR of 7.50% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Lactose-free yogurt Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2014 - 2019) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Form (Lactose-Free, No Added Sugar Products/ Reduced Sugar Claims, Reduced Lactose Products), Category (Organic, Inorganic), Distribution Channel (Convenience Stores, Hypermarket/Supermarket, E-Retailers, Specialty Stores) |
Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered | Chr. Hansen Holding A/S (Denmark), Yakult Honsha Co., Ltd (Japan), Nestlé (Switzerland), DuPont (U.S.), MORINAGA & CO., L.T.D. (Japan), BioGaia AB (Sweden), Protexin (U.K.), Daflorn Probiotics UK (U.K.), Danone (France), Yakult U.S.A. Inc. (U.S.), Deerland Enzymes, Inc. (U.S.), Goerlich Pharma GmbH (Germany), SANZYME BIOLOGICS PVT. LTD. (India), DSM (Netherlands), NutraScience Labs (U.S.),Kerry Group plc (Ireland), Lallemand Inc. (Canada), Lonza (Switzerland), Winclove Probiotics (Netherlands), Probi (Sweden) |
Opportunities |
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Market Definition
Plant-based yoghurt is a creamy, healthy, non-dairy vegan food product that helps the vegan population meet their nutritional needs. It is made with Lactose-free ingredients such as almonds, soy, coconuts, flax, hemp, oats, peas, and cashews. It contains a high concentration of vitamins, minerals, amino acids, and essential fats, which helps to reduce inflammation and boost metabolism.
Global Lactose-free yogurt Market Dynamics
Drivers
- Rising adoption of low-fat food
The rising popularity of low-fat, low-sugar desserts will propel the lactose-free yoghurt market. Furthermore, rising demand for refreshing ice cream alternatives by children and rising consumer health awareness are macroeconomic factors that positively impact the global lactose-free yoghurt market.
- Rising disposable income and rising urbanization
Another critical factor is the growing demand for healthy dessert alternatives, and lactose-free yoghurts meet both of these needs, accelerating the growth of the lactose-free yoghurt market. The rise in disposable income and increasing urbanization will boost the lactose-free yoghurt market's growth rate
Opportunities
The availability of lactose-free dairy products with added health benefits and rising demand in the horeca industry will create additional opportunities for the lactose-free yoghurt market during the aforementioned time period.
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Table of Contents for a Lactose-Free Yogurt Market Research Article:
- Introduction
- Background and Overview
- Objective of the Study
- Scope of the Lactose-Free Yogurt Market Research
- Methodology
- Data Collection
- Data Analysis
- Research Approach
- Sampling Techniques
- Research Instruments
- Executive Summary
- Key Findings
- Lactose-Free Yogurt Market Overview
- Lactose-Free Yogurt Market Trends and Insights
- Lactose-Free Yogurt Market Overview
- Lactose-Free Yogurt Market Definition
- Lactose-Free Yogurt Market Segmentation
- Lactose-Free Yogurt Market Size and Growth Rate
- Lactose-Free Yogurt Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porter's Five Forces Analysis
- Lactose-Free Yogurt Market Trends and Insights
- Emerging Technologies
- Consumer Behavior and Preferences
- Regulatory Landscape
- Competitive Analysis
- Lactose-Free Yogurt Market Segmentation
- Product Type
- Application
- Region
- End-User
- Other Relevant Segments
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Competitive Landscape
- Lactose-Free Yogurt Market Share Analysis
- Key Players Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-lactose-free-yogurt-market
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