Lactose Powder Market Report by Application (Food Industry, Diet and Sports Nutrition Industry, Pharmaceutical Industry, and Others), and Region 2024-2032

Lactose Powder Market Report by Application (Food Industry, Diet and Sports Nutrition Industry, Pharmaceutical Industry, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A715
Year End sale Buy Now

Market Overview:

The global lactose powder market size reached 957.4 Kilo Tons in 2023. Looking forward, IMARC Group expects the market to reach 1,245.9 Kilo Tons by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
957.4 Kilo Tons
Market Forecast in 2032
1,245.9 Kilo Tons
Market Growth Rate (2024-2032) 2.9%


Lactose is naturally found in milk and milk-based products. It is a vital component of whey and aids in optimizing milk calcium usage by improving intestinal absorption and dairy protein assimilation. Lactose powder is a white, inert and water-soluble substance that is obtained from milk and has a pH value of seven. It comprises sugar, glucose and galactose molecules, and functions as an excellent source of instant energy. Currently, there is an increase in the consumption of nutritious food and beverages on account of the rising health consciousness among consumers. This, in turn, is spurring the demand for lactose powder across the globe.

Lactose Powder Market Report

The thriving food and beverage industry is one of the key factors driving the market growth. Lactose powder is easily available, cost-effective and has a low level of sweetness, owing to which it is widely utilized as a filler in various bakery and confectionery products such as bread, cookies, cereals and pancakes. It is also employed in frozen and canned products including soups, dehydrated potatoes and meal-replacement supplements to prevent discoloration. Apart from this, it is utilized in the pharmaceutical industry as a coating in over-the-counter (OTC) drugs such as antacids, throat lozenges and birth control pills. Furthermore, owing to the rising demand for calcium-fortified beverages among consumers, manufacturers are focusing on diversifying their portfolio of lactose-based products.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global lactose powder market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on application.

Breakup by Application:

Lactose Powder Market Report

  • Food Industry
  • Diet and Sports Nutrition Industry
  • Pharmaceutical Industry
  • Others
     

At present, the food industry accounts for the majority of the total market share.

Regional Insights:

Lactose Powder Market Report

  • North America
  • Europe
  • Oceania
  • Asia
  • Latin America
  • Middle East and Africa
     

On the geographical front, North America represents the largest market for lactose powder around the world. This can be attributed to the concentration of dietary supplement manufacturers in the region.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the global lactose powder market:

  • Lactalis International
  • Nestlé SA
  • Fonterra Co-operative Group Limited
  • Dairy Farmers of America Inc.
  • Land O’Lakes, Inc.
  • MEGGLE GmbH & Co. KG
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion, ‘000 Tons
Segment Coverage Application, Region
Region Covered North America, Europe, Oceania, Asia, Latin America, Middle East and Africa
Companies Covered Lactalis International, Nestlé SA, Fonterra Co-operative Group Limited, Dairy Farmers of America Inc., Land O’Lakes, Inc. and MEGGLE GmbH & Co. KG
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global lactose powder market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global lactose powder industry?
  • What has been the impact of COVID-19 on the global lactose powder industry?
  • What are the major application segments in the global lactose powder industry?
  • What are the price trends of lactose powder?
  • What are the various stages in the value chain of the global lactose powder industry?
  • What are the key driving factors and challenges in the global lactose powder industry?
  • What is the structure of the global lactose powder industry and who are the key players?
  • What is the degree of competition in the global lactose powder industry?
  • What are the profit margins in the global lactose powder industry?
  • What are the key requirements for setting up a lactose powder manufacturing plant?
  • How is lactose powder manufactured?
  • What are the various unit operations involved in a lactose powder manufacturing plant?
  • What is the total size of land required for setting up a lactose powder manufacturing plant?
  • What are the machinery requirements for setting up a lactose powder manufacturing plant?
  • What are the raw material requirements for setting up a lactose powder manufacturing plant?
  • What are the packaging requirements for lactose powder?
  • What are the transportation requirements for lactose powder?
  • What are the utility requirements for setting up a lactose powder manufacturing plant?
  • What are the manpower requirements for setting up a lactose powder manufacturing plant?

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Lactose Powder Market Report by Application (Food Industry, Diet and Sports Nutrition Industry, Pharmaceutical Industry, and Others), and Region 2024-2032
Purchase Options Year End sale




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