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Lactose Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Lactose Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • April 2021
  • 128 pages
  • ID: 4715213
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global lactose powder market reached a volume of 865 Kilotons in 2020.

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.

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. Looking forward, the analyst expects the global lactose powder market to exhibited moderate growth during the next five years.

Breakup by Application:
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:
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 lactose powder industry:
Lactalis International
Nestlé SA
Fonterra Co-operative Group Limited
Dairy Farmers of America Inc.
Land O’Lakes, Inc.
MEGGLE GmbH & Co. KG

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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