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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 183 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.6 Billion |
Forecasted Market Value ( USD | $ 3.3 Billion |
Compound Annual Growth Rate | 3.0% |
Regions Covered | Global |