Los Angeles, CA -- (SBWIRE) -- 06/20/2019 -- Lactose is a disaccharide. It is a sugar composed of galactose and glucose. Lactose makes up around 2–8% of milk (by weight). The name comes from lac (gen. lactis), the Latin word for milk, plus the suffix -ose used to name sugars. The compound is a white, water-soluble, non-hygroscopic solid with a mildly sweet taste. It is used in the food industry. Lactose sourced from whey, which is a by-product derived from cheese making process. Lactose is widely used in industries including food and beverage, pharmaceuticals, animal feed and confectionary.
Lactose is a product that constitutes two combined sugars- glucose and galactose which make lactose a healthy sugar fit for consumption. Characteristics such as cost effectiveness, water solubility, and easy availability are expected to increase the global lactose market. Consumption of lactose improves the intestinal health and enhances mineral absorption which is further expected to be the drivers for global lactose market during the forecast period. Rising living standards of consumers, easier healthcare services access, and rapidly population increase are few other factors that contribute to the global lactose market demand. Lactose market also witnesses growth owing to the growing sales of infant formula wherein lactose is used as a main product. Households having dual income, increased women workforce contribute significantly to the increasing sales of infant formula which thereby boost up the global lactose market and is expected to continue growing over the forecast period.
The global Lactose market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
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This report studies the Lactose market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lactose in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Glenstal Foods(Ireland)
Glanbia Ingredients Ireland (Ireland)
Interfood(Netherlands)
Kaskat Dairy(Poland)
Arion Dairy Products(Netherlands)
Arla Foods(Denmark)
Fonterra(New Zealand)
Armor Pharma(France)
Bayerische Milchindustrie(Germany)
Davisco Food International(US)
DMK Deutsches Milchkontor(Germany)
Grande Cheese(US)
Hilmar Ingredients(US)
Kerry Group(Ireland)
By the product type, the market is primarily split into
Edible Lactose
Pharmaceutical Lactose
By the end users/application, this report covers the following segments
Confectionary
Infant Nutrition
Seasonings
Bakery
Chocolate
Animal Feed
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