The Lactose market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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 In the global Lactose market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
The key players covered in this study
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)
Market Segment by Product Type
Edible Lactose
Pharmaceutical Lactose
Market Segment by Application
Confectionary
Infant Nutrition
Seasonings
Bakery
Chocolate
Animal Feed
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Lactose market for the forecast period 2020 - 2025?
• What are the driving forces in the Lactose market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Lactose industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?