North America 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 North America Lactose-Free Dairy Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).
Due to factors like the increased demand for lactose-free milk products from consumers with lactose sensitivity and the popularity of hazelnut milk amongst younger consumers, the demand for various lactose free dairy products would surge in the market. Demand for lactose-free soy yogurt is on the rise, and consumer awareness of the nutritional benefits of lactose-free yogurt products is growing.
With changing consumer lifestyles and food habits, the free-from food movement is quickly gaining relevance throughout the world. However, because free-from food items are now seen as a healthier alternative to traditional goods, people are more likely to purchase them. The lactose-free milk market is expanding primarily due to the growing awareness of the health advantages of sugar-free milk.
In North America region, lactose intolerance is on the rise, which has increased the demand for dairy products without lactose. While consumers in other parts of the world are unaware of the issue, consumers in the North America region, especially in the United States are quite well aware of the lactose intolerance ailment. As a result, there is an increase in demand for dairy products in the nation that don't contain lactose. Besides this, due to rising health concerns among Native Americans, consumers are switching from regular dairy to lactose-free dairy as a preventative step.
The US market dominated the North America Lactose-Free Dairy Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,852.7 million by 2028.The Canada market is poised to grow at a CAGR of 10.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.1% 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 U.S., Mexico, Canada, and Rest of North America.
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
- Rest of North America
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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