Lactose is a disaccharide. It is a sugar composed of galactose and glucose. Lactose makes up around 2–8% of milk (by weight). The name comes from lac (gen. lactis), the Latin word for milk, plus the suffix -ose used to name sugars. The compound is a white, water-soluble, non-hygroscopic solid with a mildly sweet taste. It is used in the food industry. Lactose sourced from whey, which is a by-product derived from cheese making process. Lactose is widely used in industries including food and beverage, pharmaceuticals, animal feed and confectionary.
Lactose is a product that constitutes two combined sugars- glucose and galactose which make lactose a healthy sugar fit for consumption. Characteristics such as cost effectiveness, water solubility, and easy availability are expected to increase the global lactose market. Consumption of lactose improves the intestinal health and enhances mineral absorption which is further expected to be the drivers for global lactose market during the forecast period. Rising living standards of consumers, easier healthcare services access, and rapidly population increase are few other factors that contribute to the global lactose market demand. Lactose market also witnesses growth owing to the growing sales of infant formula wherein lactose is used as a main product. Households having dual income, increased women workforce contribute significantly to the increasing sales of infant formula which thereby boost up the global lactose market and is expected to continue growing over the forecast period.
In 2019, the market size of Lactose is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lactose.
This report studies the global market size of Lactose, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Lactose production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Glenstal Foods(Ireland)
Glanbia Ingredients Ireland (Ireland)
Interfood(Netherlands)
Kaskat Dairy(Poland)
Arion Dairy Products(Netherlands)
Arla Foods(Denmark)
Fonterra(New Zealand)
Armor Pharma(France)
Bayerische Milchindustrie(Germany)
Davisco Food International(US)
DMK Deutsches Milchkontor(Germany)
Grande Cheese(US)
Hilmar Ingredients(US)
Kerry Group(Ireland)
Market Segment by Product Type
Edible Lactose
Pharmaceutical Lactose
Market Segment by Application
Confectionary
Infant Nutrition
Seasonings
Bakery
Chocolate
Animal Feed
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Lactose status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Lactose manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Lactose are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Lactose. Industry analysis & Market Report on Lactose is a syndicated market report, published as Global (United States, European Union and China) Lactose Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Lactose market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.