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.
The global Lactose market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Lactose volume and value at global level, regional level and company level. From a global perspective, this report represents overall Lactose market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Lactose in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Lactose manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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)
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Edible Lactose
Pharmaceutical Lactose
Segment by Application
Confectionary
Infant Nutrition
Seasonings
Bakery
Chocolate
Animal Feed
Summary:
Get latest Market Research Reports on Lactose. Industry analysis & Market Report on Lactose is a syndicated market report, published as Global Lactose Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Lactose market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.