Lactose

Global Lactose Market to Reach US$3.3 Billion by 2030

The global market for Lactose estimated at US$2.7 Billion in the year 2024, is expected to reach US$3.3 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2024-2030. Refined-edible Lactose, one of the segments analyzed in the report, is expected to record a 3.5% CAGR and reach US$2.3 Billion by the end of the analysis period. Growth in the Edible Lactose segment is estimated at 3.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$738.5 Million While China is Forecast to Grow at 5.6% CAGR

The Lactose market in the U.S. is estimated at US$738.5 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$669.4 Million by the year 2030 trailing a CAGR of 5.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.8% and 2.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Global Lactose Market - Key Trends & Drivers Summarized

Why Is Lactose a Key Ingredient in Various Industries?

Lactose, a naturally occurring disaccharide found in milk, plays a crucial role in various industries due to its functional properties. It is widely used in the food industry as a sweetener, bulking agent, and stabilizer in dairy products, confectioneries, and baked goods. In the pharmaceutical sector, lactose serves as an excipient in tablet formulations, ensuring proper drug delivery and stability. The animal feed industry also benefits from lactose, utilizing it as a source of energy and a palatability enhancer in livestock diets. The widespread use of lactose across these sectors underscores its importance in global markets.

How Have Technological Innovations Enhanced Lactose Production and Applications?

Technological advancements have significantly improved lactose production and its applications. Innovations in lactose extraction and purification processes have increased efficiency, yield, and quality, making lactose more accessible and affordable. Advances in enzyme technology have enabled the production of lactose-free products, catering to the growing demand from lactose-intolerant consumers. In the pharmaceutical industry, the development of high-performance lactose grades has improved the efficiency and quality of tablet formulations. Additionally, new applications of lactose in the cosmetic and biotechnology sectors are emerging, driven by ongoing research and development efforts. These technological strides have expanded the scope and utility of lactose, driving its demand across various industries.

What Are the Current Trends in Lactose Consumption?

Current trends in lactose consumption reflect its broadening applications and evolving consumer preferences. In the food industry, there is a growing demand for lactose in dairy and bakery products, driven by its functional properties and health benefits. The pharmaceutical sector continues to be a significant consumer of lactose, particularly in tablet formulations and drug delivery systems. The animal feed industry is also witnessing increased use of lactose, driven by its nutritional benefits and palatability. Additionally, the demand for lactose-free products is rising, catering to the needs of lactose-intolerant individuals. These trends highlight the diverse applications of lactose and its importance in various sectors.

What Factors Are Driving the Growth in the Lactose Market?

The growth in the lactose market is driven by several factors. Firstly, the rising demand for dairy products and confectioneries is propelling the use of lactose in the food industry. Secondly, the pharmaceutical industry`s increasing use of lactose as an excipient in tablet formulations is a significant growth driver. The animal feed industry`s growing reliance on lactose for its nutritional benefits and palatability is also contributing to market growth. Additionally, the rising demand for lactose-free products, driven by increasing awareness of lactose intolerance, is boosting lactose consumption. The expanding applications of lactose in the cosmetic and biotechnology sectors further fuel market growth. Lastly, ongoing research and development efforts aimed at discovering new applications and improving production processes continue to foster market expansion, underscoring the robust growth trajectory of the lactose market.

SCOPE OF STUDY:

The report analyzes the Lactose market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Purity (Refined-Edible Lactose, Edible Lactose, Crude Lactose); Color (Pale-Yellow Lactose, Yellow Lactose, White Lactose); Application (Infant Formula, Food, Feed, Pharmaceuticals)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 22 Featured) -

• Arla Foods Ingredients Group P/S
• Bayerische Milchindustrie eG
• Davisco Foods International Inc.
• DMK Deutsches Milchkontor GmbH
• Glanbia Plc
• Grande Cheese Company
• Hilmar Ingredients
• KERRY Group
• Lactalis Ingredients
• Leprino Foods Company
• Molkerei MEGGLE Wasserburg GmbH & Co. KG
• Royal FrieslandCampina
• Saputo Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.