The Global Market for Lactose is Projected to Exceed 1.3 Million Metric Tons by 2022
Growing Prominence of Dairy Ingredients that Improve
Nutrition, Taste and Texture to Drive Demand for Lactose, According to a New
Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Lactose market. The global market for Lactose is projected to exceed
1.3 million metric tons by 2022, driven
by the growing popularity of dairy ingredients that improve nutrition, taste,
and texture, and the myriad benefits offered by lactose as the primary milk
carbohydrate with numerous nutritive qualities.
Inching their way upwards,
lactose and lactose derivatives have treaded a long path and come to play a
major role in food as well as non-food industries. Lactose is mainly produced
from whey, a by-product of the cheese-making process. Lactose is an important
additive to human milk and is a key ingredient in infant formula and infant foods
offering the right balance of both carbohydrate and protein in breast milk
replacers for optimum nutrition. Lactose also finds use as the most preferred
source of carbohydrates in modified cow milk preparations. End-use applications
of lactose have grown in number over the years to include food, feed, health
& nutrition, beverages, and pharmaceuticals. Growing demand for milk
worldwide and the expanding dairy market in Western Europe and the U.S.
constitute primary growth driving factors for lactose globally. Superior
attributes of lactose in terms of water solubility, affordability and
widespread availability along with the benefits offered by lactose intake in
terms of improved absorption of minerals, and enhancement in intestinal health
are also driving steady increase in lactose consumption.
Future growth in the
market will be driven by increasing demand from the functional food end-use where
lactose is widely used in manufacturing functional dairy products &
desserts, processed foods, seasonings, diabetic products, dietetic products,
baby foods, jams and preserves, sweeteners, instantized powders, savory mixes,
nutraceuticals, soups and sauces, and meat & fish products, among others. Increasing
application of lactose in the form of Alpha-lactalbumin in preparation of
infant formula for closely mimicking human milk is also expected to benefit
market expansion. Alpha-lactalbumin is considered to provide mood-enhancing properties on account of its
rich tryptophan content, a precursor to neurotransmitter serotonin, which
exhibits capability to enhance mood. Despite the positive outlook, the global
lactose market continues to face challenges from lactose-free products, which
are made for those who are lactose intolerant. Demand for such products is anticipated
to increase due to rise in incidence of lactose intolerance across the world.
Apart from this, rising environmental and social pressures stemming from the process
of extracting lactose from whey and purifying it that result in adverse
environmental effects is another growth impeding factor.
As stated by the new
market research report on Lactose,
Europe represents the largest market worldwide due to widespread popularity of lactose-based
products. Asia-Pacific is forecast to emerge as the fastest growing market with
a projected CAGR of 3.8% over the analysis period. Increasing population,
improving income levels, aging population, growing lifestyle and age-related
disorders, rising health consciousness among consumers are factors benefiting
demand for lactose in the food and pharmaceutical sectors in the region.
Major players in the
market include Arla Foods Ingredients Group P/S, Bayerische Milchindustrie eG,
Davisco Foods International Inc., DMK Deutsches Milchkontor GmbH, Glanbia Plc,
Grande Cheese Company, Hilmar Ingredients, KERRY Group, Lactalis Ingredients,
Leprino Foods Company, Molkerei MEGGLE Wasserburg GmbH & Co. KG, Royal
FrieslandCampina, and Saputo Inc., among others.
The research report titled
“Lactose: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides
a comprehensive review of market trends, issues, drivers, mergers, acquisitions
and other strategic industry activities. The report provides market estimates
and projections for Lactose in Metric Tons for all major geographic markets
including the United States, Canada, Japan, Europe (France, Germany, Italy, UK,
Spain, Russia and Rest of Europe), Asia-Pacific (China, India, Malaysia, New
Zealand and Rest of Asia-Pacific), Latin America (Brazil, Mexico and Rest of
Latin America) and Rest of World. End-use markets analyzed in the report
include Confectionery, Pharmaceuticals, Functional Foods and Others.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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