The United States' lactose-free cheese brands specifically target allergy sufferers. Twenty years ago, Americans with allergies or intolerances, such as lactose intolerance, were the primary target market for American businesses. Expectations were low and the flavour of plant-based dairy substitutes was distinctive.
NEWARK, DE / ACCESSWIRE / September 29, 2022 / According to FMI, the global lactose-free cheese market size is expected to reach a valuation of US$ 676.3 Mn by the end of 2022. The market is set to accelerate at a CAGR of 8.4% during 2022-2032. It is anticipated to be valued at US$ 1,515.1 Mn in 2032.
FMI further states that around 35% of the global population was lactose intolerant, and 28% had dairy sensitivity or allergy in 2020. These figures are expected to grow at a fast pace in the evaluation period. It is further projected to result in consumers opting for lactose-free, dairy-free, and plant-based food products, including plant-based protein. This has boosted the demand and consumption of lactose-free cheese around the globe.
Various cultures across the globe have different perspectives on the treatment of animals, including scientific, naturalistic, and moralistic. Ethical attitudes are connected to concerns about livestock welfare, but to some extent, animal well-being would feature in humanistic attitudes towards companion animals. These concerns, as mentioned above, are expected to help propel an inclination toward vegan products. Hence, varying cultures are driving growth in the vegan and lactose-free cheese market as a whole.
Request A Sample PDF@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15623
Key Takeaways from Lactose-free Cheese Market Study
- North America lactose-free cheese market is expected to register 6.8% CAGR between 2022 and 2032.
- Japan lactose-free cheese market is estimated to grow at 8.6% CAGR between 2022 and 2032.
- India lactose-free cheese market is projected to exhibit growth at 9.7% CAGR between 2022 and 2032.
- Top 3 countries in the global lactose-free cheese market are projected to together account for nearly 33.8% of share by 2032.
- During the historical period of 2016 to 2021, the global lactose-free cheese market exhibited a steady growth at a CAGR of 7.0%.
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Traditional Groceries
- Online Retailers
"For lactose intolerant people, it is nowadays not necessary to completely avoid the indulgence and nutritional value of dairy products. It is further altering the environment for dairy producers across the globe, as they are trying to keep up with changing consumer views. They are further investing in the development of innovative products to cater to the surging demand, which would push the global lactose-free cheese market," says a lead analyst at FMI.
Customization Before Buying, Visit@ https://www.futuremarketinsights.com/customization-available/rep-gb-15623
Key Lactose-free Cheese Manufactures Are Adopting Business to Consumer Models
The importance of business to consumer (B2C) models is increasing at a rapid pace in the food and beverage industry, which would further allow producers to get exclusive insights into consumer behavior. When implemented well, this model allows for higher margins to producers. Additionally, growth in B2C has been driven by the fact that buyers are demanding a better experience and customized service.
The B2C model would allow companies to build a direct relationship with the consumer that would not be otherwise possible through other distribution channels. The specialty stores and online retailing segment are helping manufacturers to identify various new upcoming trends and improvise the product according to the consumers' demand.
Competitive Landscape: Lactose-free Cheese Market
Some of the leading companies offering lactose-free cheese are Alpro UK Ltd., Amy's Kitchen, Inc., Arla Foods Amba, Barry Callebaut AG, Cargill, Inc., Chr. Hansen Holdings A/S, Daiya Foods, Inc., Dean Foods Company, Edlong Dairy Technologies, Emmi AG, Fonterra Co-operative Group Ltd., Galaxy Nutritional Foods, Inc., General Mills, Inc., Green Valley Organics, HP Hood LLC, Land O'Lakes, Inc., Murray Goulburn Co-operative Co. Limited (Devondale Murray Goulburn), Tine AS, WhiteWave Foods Company, and others.
Talk with our expert@ https://www.futuremarketinsights.com/ask-question/rep-gb-15623
Get More Valuable Insights on Lactose-free Cheese Market
Future Market Insights, in its new offering, provides an unbiased analysis of the lactose-free cheese market presenting historical demand data (2016-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the lactose-free cheese market based on product type (blue cheese, brick cheese, camembert cheese, cheddar cheese, cottage cheese, cream cheese, mozzarella cheese, Romano cheese, Swiss cheese), form (cheese blocks, triangle, rectangle, circle, square, cheese slice, cheese spread, and cheese spray), and distribution channel (B2B and B2C [hypermarkets/supermarkets, convenience stores, specialty stores, traditional groceries, and online retailers]) across seven major regions.
About the Food & Beverage Division at Future Market Insights
Expert analysis, actionable insights, and strategic recommendations - the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
Lactose-free Cheese Market Outlook by Category
By Product Type:
- Blue Cheese
- Brick Cheese
- Camembert Cheese
- Cheddar Cheese
- Cottage Cheese
- Cream Cheese
- Mozzarella Cheese
- Romano Cheese
- Swiss Cheese
By Form:
- Cheese Blocks
- Triangle
- Rectangle
- Circle
- Square
- Cheese Slice
- Cheese Spread
- Cheese Spray
By Distribution Channel:
- B2B
- B2C
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle east and Africa
To Buy this Report Visit@ https://www.futuremarketinsights.com/checkout/rep-gb-15623
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
Explore FMI's Extensive Coverage on Food and Beverage Domain:
Lactose-free Products Market Size : The global lactose-free products market size is valued at USD 9.2 Bn in 2022 and it is expected to reach US$ 15.8 Bn by 2032 at a CAGR of 7.1% from 2022 to 2032.
Lactose-Free Butter Market Growth : The global lactose free butter market is estimated to reach US$ 720 Mn in 2022 and is projected to reach US$ 1,643 Mn by 2032, at a CAGR of 8.6% from 2022 to 2032.
Lactose-free Sour Cream Market Forecast : The global lactose-free sour cream market is estimated to exhibit robust growth at a CAGR of around 8% to 9% during the forecast period 2022. On the basis of type, the vegan lactose-free sour cream is expected to surpass a valuation of US$ 180 Mn by the end of 2032. The sales of vegan lactose-free sour cream are anticipated to rise at a CAGR of 9% to 9.5% between 2022 and 2032.
Lactose-free Infant Formula Market Analysis : The global lactose-free infant formula market is estimated to exceed US$ 36 Bn by the end of 2032. The sales of lactose-free infant formulas are expected to reach US$ 15 Bn by 2022, projecting growth at a CAGR of around 7% to 8% during the forecast period 2022-2032.
ABOUT FUTURE MARKET INSIGHTS, INC.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.   
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA   
T: +1-845-579-5705   
For Sales Enquiries: [email protected]     
Browse Latest Market reports: https://www.futuremarketinsights.com/reports
SOURCE: Future Market Insights, Inc.