India Lactose-Free Dairy Products Market Growth and Demand By 2027

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... ... e, Online), By Region (North, South, East, West, Northeast), By Company (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) Read more

Food & Beverages
Jul 2022
Pages 101
Report Format: PDF, Excel, PPT

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.

Introduction
1. Product Definition
2. Research Process
3. Market Segmentation
4. Assumptions
Executive Summary
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
Impact of COVID-19 on India Lactose-Free Dairy Products Market
India Lactose Free Dairy Products Market Trends & Insights
India Lactose Free Dairy Products Market Dynamics
1. Drivers
2. Challenges
India Lactose Free Dairy Products Market Regulations & Policies
India Lactose Free Dairy Products Market Supply Chain Analysis
India Lactose Free Dairy Products Market Hotspots & Opportunities
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
India Lactose Free Dairy Products Market Key Strategic Imperatives for Growth & Success
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
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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