Global Lactose-Free Infant Formula Market by Product (Conventional, Organic) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global lactose-free infant formula sales were valued at USD 11.9 million in 2018. They are expected to grow at 10.6% CAGR between 2019 and 2025. Market growth can be attributed to a growing number of lactose-intolerant infants and a rising number of women working worldwide. The number of newborns who are unable to digest sugar is on the rise. Companies are entering this market because of the growing demand for a substitute product that can meet the nutritional needs of the population.

According to the World Health Organization (WHO), breastfeeding offers the greatest nutritional benefits for infants. Manufacturers are increasing their research and development spending to improve the nutritional content of lactose-free infant formulas. This is due to the lack of time of working mothers and lactose intolerance in infants.

Valio Oy has introduced over 100 lactose-free products in more than 50 countries. To provide customers with high quality assurance, the company spent USD 28 million in product development. According to the U.S. National Library of Medicine about 65.0% of humans are lactose intolerant. This condition is most prevalent in Finland where it affects approximately 1 in 60,000 newborns. The number is growing at a rapid pace.

This condition is also found in people who have depended on unfermented milk products for their primary food source for a long time. This condition affects approximately 5% of North European Descent. This condition is not curable. This has led to an increase in demand of lactose-free infant formula. It is expected that this will drive the market.

Product Insights

Organic formula was the dominant market, accounting for 60.4% of global revenue in 2018. Consumers prefer to purchase premium infant nutrition products at the global level, as it has been shown. Organic products are certified by government, which makes it easier for customers to buy these products. The segment is growing because of increasing consumer awareness about the harmful effects of chemically synthesized infant food.

In price-sensitive countries like Africa, Asia Pacific, and the Middle East, there is a lot of demand for traditional products. Infant formula that prevents diarrhea is cost-sensitive and can be used to treat infant diarrhea. These products are generally cheaper than organic. To meet consumer demand, companies are constantly expanding their product lines with new products. Abbott, for example, offers a soy-based lactose infant formulation with high nutritional benefits.

Distribution Channel Insights

In 2018, 45.0% of global revenues came from the milk-free infant formula market. This category is preferred by consumers because it offers a wider selection of products and the ability to scan the product details before making a purchase. Retail sales volumes have increased in hypermarkets and supermarkets due to the layout of supermarkets and the promotional campaigns by major brands. The market has seen a significant increase in organized retail. This is because it provides ample space and visibility to local brands, as well as those from other regions, to sell their products.

Online shopping is expected to grow at a fastest CAGR rate of 11.3% between 2019 and 2025. Due to the convenience of doorstep delivery, consumers are more likely to shop online for their products. The ease of product comparisons in a shorter time frame is another factor that has driven this segment. This distribution channel allows customers to compare brands and learn about their ingredients and health benefits in a shorter time, which is driving the growth of the segment.

Regional Insights

Europe held 37.5% of total market revenue in 2018, and was the dominant market. The region's key driver is the large number of lactose-intolerant people. Europe is the world's largest producer of lactose-free dairy products. The region produced over 60 million metric tonnes of lactose-free dairy products in 2018. Europe is home to the most lactose-intolerant population in the world, which encourages manufacturers to increase their product range. GIMME THE BETTER STUFF, Abbott and others are two of the major players in Europe's market.

Central and South America are expected to grow at 11.5% annually between 2019-2025. The region's market growth is being driven by rising disposable income, particularly in developing countries, as well as a growing number of lactose-intolerant newborns.

Market Share Insights & Key Companies

The market's key players include Nutricia, Valio Oy, Nestle, Nutricia, Nutria, Abbott; GIMME ALL THE GOOD STUFF, Silverson, Apta Advice, Danone, Nurture, Inc. Abbott, for example, offers a lactose-free soy-based infant formula.

Market Report Scope for Lactose-Free Infant Formula

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends for each sub-segment from 2015 to 2025. Grand View Research has divided the global market for lactose-free infant formulations on the basis product, distribution channel and region.

• Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Organic

  • Conventional

• Distribution Channel Outlook (Revenue USD Billion, 2015-2025)

  • Supermarkets and Hypermarkets

  • Convenience Stores

  • Online

• Regional Outlook (Revenue USD Billion, 2015-2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • The U.K.

  • Asia Pacific

    • China

  • Central & South America

    • Brazil

  • Middle East & Africa

These are the most frequently asked questions about this report

b. Global lactose-free infant formula market was valued at USD 13.1 billion in 2019, and is projected to grow to USD 14.5 billion by 2020.

b. Global sales of lactose-free infant formula are expected to increase at a compound annual rate of 10.6% between 2019 and 2025, reaching USD 24.0 billion in 2025.

b. Europe was the market leader in lactose-free infant formula, with a 37.7% share in 2019. This is due to Europe having the highest lactose-tolerant population. Manufacturers are driven to increase their product range.

b. b.

b. The market growth is driven by a growing number of lactose-intolerant newborns and a rising number of women working worldwide.

Up Market Research published a new report titled “Lactose-Free Infant Formula Market research report which is segmented by Product (Conventional, Organic), By Players/Companies Nestl©; Nutricia; Valio Oy; Abbott; GIMME THE GOOD STUFF; Silverson; Apta Advice; Danone; Nurture, Abbott offers lactose free soy based infant formula in the market, Inc Manufacturers are concentrating on increasing their penetration in the market by providing highly efficient products For instance”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Lactose-Free Infant Formula Market Report Segments:

The market is segmented by Product (Conventional, Organic).

Lactose-Free Infant Formula Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Lactose-Free Infant Formula Market

Overview of the regional outlook of the Lactose-Free Infant Formula Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Lactose-Free Infant Formula Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Lactose-Free Infant Formula Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Conventional

                2. Organic

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Lactose-Free Infant Formula Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Lactose-Free Infant Formula Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.