The global lactose powder market size reached 957.4 Kilo Tons in 2023. Looking forward, the publisher expects the market to reach 1,245.9 Kilo Tons by 2032, exhibiting a growth rate (CAGR) of 3.0% during 2023-2032.
Lactose is naturally found in milk and milk-based products. It is a vital component of whey and aids in optimizing milk calcium usage by improving intestinal absorption and dairy protein assimilation. Lactose powder is a white, inert and water-soluble substance that is obtained from milk and has a pH value of seven. It comprises sugar, glucose and galactose molecules, and functions as an excellent source of instant energy. Currently, there is an increase in the consumption of nutritious food and beverages on account of the rising health consciousness among consumers. This, in turn, is spurring the demand for lactose powder across the globe.
The thriving food and beverage industry is one of the key factors driving the market growth. Lactose powder is easily available, cost-effective and has a low level of sweetness, owing to which it is widely utilized as a filler in various bakery and confectionery products such as bread, cookies, cereals and pancakes. It is also employed in frozen and canned products including soups, dehydrated potatoes and meal-replacement supplements to prevent discoloration. Apart from this, it is utilized in the pharmaceutical industry as a coating in over-the-counter (OTC) drugs such as antacids, throat lozenges and birth control pills. Furthermore, owing to the rising demand for calcium-fortified beverages among consumers, manufacturers are focusing on diversifying their portfolio of lactose-based products.
Diet and Sports Nutrition Industry
Pharmaceutical Industry
Others
At present, the food industry accounts for the majority of the total market share.
Europe
Oceania
Asia
Latin America
Middle East and Africa
On the geographical front, North America represents the largest market for lactose powder around the world. This can be attributed to the concentration of dietary supplement manufacturers in the region.
Nestlé SA
Fonterra Co-operative Group Limited
Dairy Farmers of America Inc.
Land O’Lakes, Inc.
MEGGLE GmbH & Co. KG
What are the key regional markets in the global lactose powder industry?
What has been the impact of COVID-19 on the global lactose powder industry?
What are the major application segments in the global lactose powder industry?
What are the price trends of lactose powder?
What are the various stages in the value chain of the global lactose powder industry?
What are the key driving factors and challenges in the global lactose powder industry?
What is the structure of the global lactose powder industry and who are the key players?
What is the degree of competition in the global lactose powder industry?
What are the profit margins in the global lactose powder industry?
What are the key requirements for setting up a lactose powder manufacturing plant?
How is lactose powder manufactured?
What are the various unit operations involved in a lactose powder manufacturing plant?
What is the total size of land required for setting up a lactose powder manufacturing plant?
What are the machinery requirements for setting up a lactose powder manufacturing plant?
What are the raw material requirements for setting up a lactose powder manufacturing plant?
What are the packaging requirements for lactose powder?
What are the transportation requirements for lactose powder?
What are the utility requirements for setting up a lactose powder manufacturing plant?
What are the manpower requirements for setting up a lactose powder manufacturing plant?
Lactose is naturally found in milk and milk-based products. It is a vital component of whey and aids in optimizing milk calcium usage by improving intestinal absorption and dairy protein assimilation. Lactose powder is a white, inert and water-soluble substance that is obtained from milk and has a pH value of seven. It comprises sugar, glucose and galactose molecules, and functions as an excellent source of instant energy. Currently, there is an increase in the consumption of nutritious food and beverages on account of the rising health consciousness among consumers. This, in turn, is spurring the demand for lactose powder across the globe.
The thriving food and beverage industry is one of the key factors driving the market growth. Lactose powder is easily available, cost-effective and has a low level of sweetness, owing to which it is widely utilized as a filler in various bakery and confectionery products such as bread, cookies, cereals and pancakes. It is also employed in frozen and canned products including soups, dehydrated potatoes and meal-replacement supplements to prevent discoloration. Apart from this, it is utilized in the pharmaceutical industry as a coating in over-the-counter (OTC) drugs such as antacids, throat lozenges and birth control pills. Furthermore, owing to the rising demand for calcium-fortified beverages among consumers, manufacturers are focusing on diversifying their portfolio of lactose-based products.
Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the global lactose powder market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on application.Breakup by Application:
Food IndustryDiet and Sports Nutrition Industry
Pharmaceutical Industry
Others
At present, the food industry accounts for the majority of the total market share.
Regional Insights:
North AmericaEurope
Oceania
Asia
Latin America
Middle East and Africa
On the geographical front, North America represents the largest market for lactose powder around the world. This can be attributed to the concentration of dietary supplement manufacturers in the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the global lactose powder market:
Lactalis InternationalNestlé SA
Fonterra Co-operative Group Limited
Dairy Farmers of America Inc.
Land O’Lakes, Inc.
MEGGLE GmbH & Co. KG
Key Questions Answered in This Report:
How has the global lactose powder market performed so far and how will it perform in the coming years?What are the key regional markets in the global lactose powder industry?
What has been the impact of COVID-19 on the global lactose powder industry?
What are the major application segments in the global lactose powder industry?
What are the price trends of lactose powder?
What are the various stages in the value chain of the global lactose powder industry?
What are the key driving factors and challenges in the global lactose powder industry?
What is the structure of the global lactose powder industry and who are the key players?
What is the degree of competition in the global lactose powder industry?
What are the profit margins in the global lactose powder industry?
What are the key requirements for setting up a lactose powder manufacturing plant?
How is lactose powder manufactured?
What are the various unit operations involved in a lactose powder manufacturing plant?
What is the total size of land required for setting up a lactose powder manufacturing plant?
What are the machinery requirements for setting up a lactose powder manufacturing plant?
What are the raw material requirements for setting up a lactose powder manufacturing plant?
What are the packaging requirements for lactose powder?
What are the transportation requirements for lactose powder?
What are the utility requirements for setting up a lactose powder manufacturing plant?
What are the manpower requirements for setting up a lactose powder manufacturing plant?
Table of Contents
1 Preface3 Executive Summary11 Loans and Financial Assistance
2 Scope and Methodology
4 Introduction
5 Global Lactose Powder Industry
6 Market Breakup by Region
7 Market Breakup by Application
8 Competitive Landscape
9 Lactose Powder Manufacturing Process
10 Project Details, Requirements and Costs Involved
12 Project Economics
13 Key Player Profiles
List of Figures
List of Tables
Companies Mentioned
- Lactalis International
- Nestlé SA
- Fonterra Co-operative Group Limited
- Dairy Farmers of America Inc.
- Land O’Lakes Inc
- MEGGLE GmbH & Co. KG
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 136 |
| Published | July 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value in 2023 | 957.4 Kilo Tons |
| Forecasted Market Value by 2032 | 1245.9 Kilo Tons |
| Compound Annual Growth Rate | 3.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 6 |
