India Lactose-Free Dairy Products

India Lactose-Free Dairy Products Market Research Report: Forecast (2022-2027)

By Product Type (Milk, Cheese, Yogurt, Ice Cream, Others (Cream, Condensed milk, etc.)), By Sales Channel (Business-to-Business, Business-to-Consumer (Hypermarket, Convenience Store, Online), By Regio Read more

  • Food & Beverages
  • Jul 2022
  • 101
  • FB22041

Market Definition

Lactose intolerance is becoming increasingly common among people across the world, including in countries like India. Hence, the demand for lactose-free dairy products is escalating swiftly to provide the essential nutrients of regular dairy products to those who are unable to digest lactose. These nutrients principally include calcium & vitamins.

As the population of lactose intolerance is escalating in India, the demand for such products currently has a wide & growing health appeal to consumers. Over the years, the quality & product portfolio of lactose-free dairy products has expanded, and numerous companies have actively contributed to the industry expansion, allowing the consumers more tempting products. Hence, this industry is booming and is one of the fastest growing sectors in the dairy industry in India.

Market Insights

The India Lactose Free Dairy Products Market is projected to grow at a CAGR of around 7% during the forecast period, i.e., 2022-27. The market is driven by the rapidly increasing population of lactose intolerants, upsurging the demand for lactose-free dairy products to cater to their unmet needs and cravings. It, in turn, is also generating growth opportunities for the leading players to increase their production & distribution capacities to cater to the burgeoning demands across India.

Report Coverage Details
Study Period Historical Data: 2017-2020
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 7%
Regions Covered North, South, East, West, Northeast
Key Companies Profiled Amul, Raw Pressery, Good Mylk, Epigamia Urban Platter, Hershey India Private Ltd., Life Health Foods (India) Pvt. Ltd. (So Good), 137 Degrees, Only Earth, Allnut, Others.
Unit Denominations USD Million/Billion

 

Besides, as people are becoming more aware of the availability of these products, the demand & sales are escalating across different distribution channels and positively influencing the market. Moreover, as the consumer base for lactose intolerants is vast, the competition in this industry is growing stiff, and in turn, demonstrating a presence of numerous products ranging different content & composition and driving the market.

Furthermore, increasing health consciousness among people exemplifies a swift inclination toward products like almond & soy milk and yogurt, among others, thereby escalating the demand for the easy availability & affordability of lactose-free products and generating opportunities for the leading players through 2027.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Executive Summary
  3. India Lactose-Free Dairy Products Market Start Up Ecosystem
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  4. Impact of COVID-19 on India Lactose-Free Dairy Products Market
  5. India Lactose Free Dairy Products Market Trends & Insights
  6. India Lactose Free Dairy Products Market Dynamics
    1. Drivers
    2. Challenges
  7. India Lactose Free Dairy Products Market Regulations & Policies
  8. India Lactose Free Dairy Products Market Supply Chain Analysis
  9. India Lactose Free Dairy Products Market Hotspots & Opportunities
  10. India Lactose Free Dairy Products Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
        1. Milk
        2. Cheese
        3. Yogurt
        4. Ice Cream
        5. Others (Cream, Condensed milk, etc.)
      2. By Sales Channel
        1. Business-to-Business
        2. Business-to-Consumer
          1. Hypermarket
          2. Convenience Store
          3. Online
      3. By Region
        1. North
        2. South
        3. East
        4. West
        5. Northeast
      4. By Company
        1. Competition Characteristics
        2. Market Share of Leading Companies, By Revenues
  11. India Lactose Free Dairy Products Market Key Strategic Imperatives for Growth & Success
  12. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Amul
      2. Raw Pressery
      3. Good Mylk
      4. Epigamia
      5. Urban Platter
      6. Hershey India Private Ltd.
      7. Life Health Foods (India) Pvt. Ltd. (So Good)
      8. 137 Degrees
      9. Only Earth
      10. Allnut
      11. Others
  13. Disclaimer
India Lactose-Free Dairy Products Market - segmentation
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