Lactofree Yogurt Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Lactofree yogurt is a yogurt product that is free of lactose. Lactose is a type of sugar found in milk and milk products that is difficult for some people to digest. If the consumers have lactose intolerance, even a small quantity of milk intake may trigger digestive distress with symptoms like diarrhea, vomiting, and abdominal pain. Lactofree yogurt is an easy alternative that could help eliminate many of the unpleasant symptoms.
MARKET DYNAMICS
The growth of the lactofree yogurt market is mainly attributed to factors such as an increase in the population of lactose-intolerant consumers and the easy availability of various products. Additionally, technological advancements in product manufacturing and improved labeling protocols provide market growth opportunities for the major players operating in the market. However, high-price of lactose-free products is projected to hamper the overall growth of the lactofree yogurt market.
MARKET SCOPE
The "Global Lactofree Yogurt Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the lactofree yogurt market with detailed market segmentation by type, distribution channel and geography. The global lactofree yogurt market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lactofree yogurt market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lactofree yogurt market is segmented on the basis of type and distribution channel. On the basis of type, the lactofree yogurt market is segmented into organic and conventional. Based on distribution channel the market is segmented into online retail and offline retail.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lactofree yogurt market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lactofree yogurt market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lactofree yogurt market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the lactofree yogurt market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lactofree yogurt market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The lactofree yogurt market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lactofree yogurt market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the lactofree yogurt market in these regions.
MARKET PLAYERS
The reports cover key developments in the lactofree yogurt market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from lactofree yogurt market are anticipated to lucrative growth opportunities in the future with the rising demand for lactofree yogurt in the global market. Below mentioned is the list of few companies engaged in the lactofree yogurt market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lactofree yogurt market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arla Lactofree
- Danone
- Valio Ltd
- Lactaid
- Yoplait
- Chobani Global Holdings, Inc.
- Stonyfield
- Cashewgurt
- Chr. Hansen Holding A/S
- Green Valley Creamery
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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to segments covered.
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Lactofree Yogurt Market - By Type
1.3.2 Lactofree Yogurt Market - By Distribution Channel
1.3.3 Lactofree Yogurt Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LACTOFREE YOGURT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. LACTOFREE YOGURT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LACTOFREE YOGURT MARKET - GLOBAL MARKET ANALYSIS
6.1. LACTOFREE YOGURT - GLOBAL MARKET OVERVIEW
6.2. LACTOFREE YOGURT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LACTOFREE YOGURT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. LACTOFREE YOGURT MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. ONLINE RETAIL
8.3.1. Overview
8.3.2. Online Retail Market Forecast and Analysis
8.4. OFFLINE RETAIL
8.4.1. Overview
8.4.2. Offline Retail Market Forecast and Analysis
9. LACTOFREE YOGURT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Lactofree Yogurt Market Overview
9.1.2 North America Lactofree Yogurt Market Forecasts and Analysis
9.1.3 North America Lactofree Yogurt Market Forecasts and Analysis - By Type
9.1.4 North America Lactofree Yogurt Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Lactofree Yogurt Market Forecasts and Analysis - By Countries
9.1.5.1 United States Lactofree Yogurt Market
9.1.5.1.1 United States Lactofree Yogurt Market by Type
9.1.5.1.2 United States Lactofree Yogurt Market by Distribution Channel
9.1.5.2 Canada Lactofree Yogurt Market
9.1.5.2.1 Canada Lactofree Yogurt Market by Type
9.1.5.2.2 Canada Lactofree Yogurt Market by Distribution Channel
9.1.5.3 Mexico Lactofree Yogurt Market
9.1.5.3.1 Mexico Lactofree Yogurt Market by Type
9.1.5.3.2 Mexico Lactofree Yogurt Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Lactofree Yogurt Market Overview
9.2.2 Europe Lactofree Yogurt Market Forecasts and Analysis
9.2.3 Europe Lactofree Yogurt Market Forecasts and Analysis - By Type
9.2.4 Europe Lactofree Yogurt Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Lactofree Yogurt Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Lactofree Yogurt Market
9.2.5.1.1 Germany Lactofree Yogurt Market by Type
9.2.5.1.2 Germany Lactofree Yogurt Market by Distribution Channel
9.2.5.2 France Lactofree Yogurt Market
9.2.5.2.1 France Lactofree Yogurt Market by Type
9.2.5.2.2 France Lactofree Yogurt Market by Distribution Channel
9.2.5.3 Italy Lactofree Yogurt Market
9.2.5.3.1 Italy Lactofree Yogurt Market by Type
9.2.5.3.2 Italy Lactofree Yogurt Market by Distribution Channel
9.2.5.4 United Kingdom Lactofree Yogurt Market
9.2.5.4.1 United Kingdom Lactofree Yogurt Market by Type
9.2.5.4.2 United Kingdom Lactofree Yogurt Market by Distribution Channel
9.2.5.5 Russia Lactofree Yogurt Market
9.2.5.5.1 Russia Lactofree Yogurt Market by Type
9.2.5.5.2 Russia Lactofree Yogurt Market by Distribution Channel
9.2.5.6 Rest of Europe Lactofree Yogurt Market
9.2.5.6.1 Rest of Europe Lactofree Yogurt Market by Type
9.2.5.6.2 Rest of Europe Lactofree Yogurt Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Lactofree Yogurt Market Overview
9.3.2 Asia-Pacific Lactofree Yogurt Market Forecasts and Analysis
9.3.3 Asia-Pacific Lactofree Yogurt Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Lactofree Yogurt Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Lactofree Yogurt Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Lactofree Yogurt Market
9.3.5.1.1 Australia Lactofree Yogurt Market by Type
9.3.5.1.2 Australia Lactofree Yogurt Market by Distribution Channel
9.3.5.2 China Lactofree Yogurt Market
9.3.5.2.1 China Lactofree Yogurt Market by Type
9.3.5.2.2 China Lactofree Yogurt Market by Distribution Channel
9.3.5.3 India Lactofree Yogurt Market
9.3.5.3.1 India Lactofree Yogurt Market by Type
9.3.5.3.2 India Lactofree Yogurt Market by Distribution Channel
9.3.5.4 Japan Lactofree Yogurt Market
9.3.5.4.1 Japan Lactofree Yogurt Market by Type
9.3.5.4.2 Japan Lactofree Yogurt Market by Distribution Channel
9.3.5.5 South Korea Lactofree Yogurt Market
9.3.5.5.1 South Korea Lactofree Yogurt Market by Type
9.3.5.5.2 South Korea Lactofree Yogurt Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Lactofree Yogurt Market
9.3.5.6.1 Rest of Asia-Pacific Lactofree Yogurt Market by Type
9.3.5.6.2 Rest of Asia-Pacific Lactofree Yogurt Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Lactofree Yogurt Market Overview
9.4.2 Middle East and Africa Lactofree Yogurt Market Forecasts and Analysis
9.4.3 Middle East and Africa Lactofree Yogurt Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Lactofree Yogurt Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Lactofree Yogurt Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Lactofree Yogurt Market
9.4.5.1.1 South Africa Lactofree Yogurt Market by Type
9.4.5.1.2 South Africa Lactofree Yogurt Market by Distribution Channel
9.4.5.2 Saudi Arabia Lactofree Yogurt Market
9.4.5.2.1 Saudi Arabia Lactofree Yogurt Market by Type
9.4.5.2.2 Saudi Arabia Lactofree Yogurt Market by Distribution Channel
9.4.5.3 U.A.E Lactofree Yogurt Market
9.4.5.3.1 U.A.E Lactofree Yogurt Market by Type
9.4.5.3.2 U.A.E Lactofree Yogurt Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Lactofree Yogurt Market
9.4.5.4.1 Rest of Middle East and Africa Lactofree Yogurt Market by Type
9.4.5.4.2 Rest of Middle East and Africa Lactofree Yogurt Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Lactofree Yogurt Market Overview
9.5.2 South and Central America Lactofree Yogurt Market Forecasts and Analysis
9.5.3 South and Central America Lactofree Yogurt Market Forecasts and Analysis - By Type
9.5.4 South and Central America Lactofree Yogurt Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Lactofree Yogurt Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Lactofree Yogurt Market
9.5.5.1.1 Brazil Lactofree Yogurt Market by Type
9.5.5.1.2 Brazil Lactofree Yogurt Market by Distribution Channel
9.5.5.2 Argentina Lactofree Yogurt Market
9.5.5.2.1 Argentina Lactofree Yogurt Market by Type
9.5.5.2.2 Argentina Lactofree Yogurt Market by Distribution Channel
9.5.5.3 Rest of South and Central America Lactofree Yogurt Market
9.5.5.3.1 Rest of South and Central America Lactofree Yogurt Market by Type
9.5.5.3.2 Rest of South and Central America Lactofree Yogurt Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LACTOFREE YOGURT MARKET, KEY COMPANY PROFILES
11.1. ARLA LACTOFREE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DANONE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. VALIO LTD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LACTAID
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. YOPLAIT
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CHOBANI GLOBAL HOLDINGS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. STONYFIELD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. CASHEWGURT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CHR. HANSEN HOLDING A/S
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. GREEN VALLEY CREAMERY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Arla Lactofree
2. Danone
3. Valio Ltd
4. Lactaid
5. Yoplait
6. Chobani Global Holdings, Inc.
7. Stonyfield
8. Cashewgurt
9. Chr. Hansen Holding A/S
10. Green Valley Creamery
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.