LAMEA Lactose-Free Dairy Market Size, Share & Industry Trends Analysis Report By Form (Liquid, Solid and Powder), By Type, By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online Channels), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Lactose-Free Dairy Market would witness market growth of 10.7% CAGR during the forecast period (2022-2028).
The major aspect of lactose-free dairy is without a doubt the fact that one may enjoy dairy foods without experiencing gastrointestinal discomfort. Dairy products without lactose allow consumers to resume enjoying all of their favorite foods. They can consume egg salad sandwiches, a creamy smoothie, lox and bagels, and a probiotic-infused smoothie, due to the availability of lactose-free dairy products. Dairy products without lactose have so many advantages.
Lactose-free dairy is the best option to enjoy a fulfilling meal or snack that is nourishing, good for the health, convenient, flavorful, and enjoyable without causing any stomach discomfort. The market for dairy enzymes consists of coagulation factors (animal rennet and also microbial proteases), hydrolases, and lactase, as well as microbial enzymes. Dairy enzymes are used in the cheese-making process to aid the procedure and also to improve the flavor of the cheese as it ripens.
The United Arab Emirates continues to be a major contributor to F&B sales in the Middle East region as a result of the rising number of tourists. The Dubai continue to draw a wide range of domestic and international food and drink products. The food and beverage sector, which is among the largest industry in the UAE, is crucial to both the country's economy and the expansion & diversification of the economy of the entire region.
The Brazil market dominated the LAMEA Lactose-Free Dairy Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $369.9 million by 2028.The Argentina market is experiencing a CAGR of 11.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 10.4% during (2022 - 2028).
Based on Form, the market is segmented into Liquid, Solid and Powder. Based on Type, the market is segmented into Milk, Cheese, Yogurt and Others. Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Convenience Stores, Online Channels and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dairy Farmers of Americas, Inc., Danone, S.A. (Sofina Group), General Mills, Inc., Lifeway Foods, Inc., Nestle S.A., Saputo, Inc., The Coca-Cola Company, Organic Valley, Johnson & Johnson, and Prairie Farms Dairy, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Convenience Stores
- Online Channels
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Dairy Farmers of Americas, Inc.
- Danone, S.A. (Sofina Group)
- General Mills, Inc.
- Lifeway Foods, Inc.
- Nestle S.A.
- Saputo, Inc.
- The Coca-Cola Company
- Organic Valley
- Johnson & Johnson
- Prairie Farms Dairy, Inc.
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