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Lactose-free Infant Formula Market | Size, Growth & Analysis

Global Lactose-free Infant Formula Market: Overview

The global lactose-free infant formula market is expected to reach a considerably large market size in 2028 and register a high CAGR over the forecast period. Industry analysis indicates that rising demand for lactose-free infant formulas is driven by changing market trends, which are expected to support industry growth as well as market growth over the forecast period. Lactose-free infant formulas are used for infants who have the inability to produce an Enzyme which aids in the natural digestion of lactose. This phenomenon is called Lactose Intolerance. As per a report published by the World Health Organization (WHO), breastfeeding provides maximum nutritional benefits to infants. However, lack of time among working women and rising incidence of lactose intolerance among infants, is prompting manufacturers to focus on development of lactose-free infant formulas.

Global Lactose-free Infant Formula Market: Dynamics

The rising number of lactose-intolerant new-borns is a major factor boosting growth of the global lactose-free infant formula market. Lactose-intolerance in infants is their inability to digest sugar elements in milk. Key end-users of lactose-free infant formulas include infants with allergy to cow’s milk proteins and premature babies with a disorder called galactosemia. Lactose-free infant formulas are primarily made from cow\'s milk after lactose is removed. Increasing consumer awareness about hazardous effects of chemical infant formulas is another factor propelling growth of the lactose-free infant formula market. For infants that suffer from mild lactose intolerance, several brands are offering lactose-free infant formula products in which the milk sugar is removed and replaced with corn syrup or any other vegetable syrup. This is a major trend in the global lactose-free infant formula market.

Global Lactose-free Infant Formula Market: Regional Outlook

Based on region, the global lactose-free infant formula market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regional markets, the Europe market accounts for the largest revenue share in the global lactose-free infant formula market due to presence of a large number of lactose-intolerant infants in countries in this region. More than 75% of the base powder used for manufactured for lactose-free infant formulas in Europe is produced in Ireland. The Latin America lactose-free infant formula market is projected to register the highest growth rate over the forecast period. Rising disposable income of individuals, most prominently in developing economies, and rising number of lactose-intolerant infants in Latin America are factors augmenting growth of the market in the region.

Major Players Operating in Global Lactose-free Infant Formula Market:

Nestlé
Nutricia
Valio Oy
Abbott
GIMME THE GOOD STUFF
Silverson
Apta Advice
Dana Dairy Group
Johnson & Johnson Consumer Inc.
Danone Nutricia Early Life Nutrition
Danone
Nurture Inc.

Regions Covered:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Global Lactose-free Infant Formula Market: Report Highlights

Detailed overview of the lactose-free infant formula market
Changing dynamics of the lactose-free infant formula market
Lactose-free infant formula market segmentation
Regional landscape of the lactose-free infant formula market
Evaluation of the lactose-free infant formula market based on the present and past data collected
Historical, present, and projected lactose-free infant formula market in terms of volume and value
Recent trends and developments in the lactose-free infant formula market
Competitive landscape of the lactose-free infant formula market
Strategies adopted by key players and products offered by them in the lactose-free infant formula market

Global Lactose-free Infant Formula Market: Segmentation

The report consists of forecasts for the lactose-free infant formula market at the global, regional, and country levels. The report contains analysis of trends in each segment of the market for the period from 2018 to 2028.

For this study, Reports and Data has segmented the global lactose-free infant formula market based on type and application as follows.