Lactose-free market in EU set to grow
lapeepon, stock.adobe.com
The Europe lactose-free dairy products market was valued at $5.1 billion in 2023 and is expected to reach US$9.5 billion by 2033, growing at a CAGR of 6.42% in the forecast period of 2023-2033, according to the latest report from ResearchandMarkets.com. The market for lactose-free dairy products in Europe has grown significantly in recent years due to growing demand for alternative dairy products and increased awareness of lactose intolerance. A variety of products, including milk, yogurt, cheese, and ice cream, are available as a result of European customers’ desire for lactose-free goods that retain flavour and nutritional content.
To increase the calibre and range of lactose-free goods, major firms in the area are concentrating on research and development. With innovation and product distinction at the forefront, Europe and North America continue to be major markets. The market’s growth in Europe is additionally fuelled by strategic alliances and an emphasis on accommodating changing dietary requirements.
Leading European market participants are using cutting-edge processing methods, like enzymatic lactose removal, to provide premium lactose-free substitutes that satisfy a range of consumer preferences. The need for creative and responsibly made lactose-free products has increased due to the growing popularity of plant-based and allergy-free diets. Furthermore, the accessibility of these goods in supermarkets, health stores, and online platforms has made them more accessible to consumers.
The market has also expanded as a result of government programmes encouraging better eating habits and higher R&D expenditures. Europe is a mature market that places a strong emphasis on product differentiation, with companies emphasising sustainability, flavour and nutritional value. It is anticipated that this vibrant market will keep growing, satisfying the changing demands of health-conscious customers throughout the area, the analysts say.
