Lactose: Global Strategic Business Report

Global Lactose Market to Reach $3.3 Billion by 2030

The global market for Lactose estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$3.3 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030. Refined-Edible Lactose, one of the segments analyzed in the report, is projected to record a 3.6% CAGR and reach US$2.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Edible Lactose segment is readjusted to a revised 3.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $698.7 Million, While China is Forecast to Grow at 5.7% CAGR

The Lactose market in the U.S. is estimated at US$698.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$669.4 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$434.7 Million by the year 2030.

Select Competitors (Total 22 Featured) -

• 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
• Saputo Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year