India Lactose-Free Dairy Products Market - Industry Trends and Forecast to 2027

MarkNtel Advisors, a prominent market research firm, has recently published a report titled India Lactose-Free Dairy Products Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027. This study offers an in-depth examination of the industry, encompassing India Lactose-Free Dairy Products market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.

India Lactose-Free Dairy Products Reports Highlights

What is the size of the India Lactose-Free Dairy Products Market?

The India Lactose Free Dairy Products Market is projected to grow at a CAGR of around 7% during the forecast period, i.e., 2022-27. The market is driven by the rapidly increasing population of lactose intolerants, upsurging the demand for lactose-free dairy products to cater to their unmet needs and cravings. It, in turn, is also generating growth opportunities for the leading players to increase their production distribution capacities to cater to the burgeoning demands across India.

What do the growth prospects and trends look like in the India Lactose-Free Dairy Products Industry?

As the overall production of lactose-free dairy products is rigorous needs an ultra-high temperature (UHT) treatment method for pasteurization to increase its shelf-life consistency while turning into lactose-free, the final product costs expensive. It, in turn, might play a prominent role in restraining consumers to buy the products and affect the fledged market growth in the future.

In fact, the high production cost of these products also categorizes them under the premium product category, catering smaller consumer population, unlike ordinary milk in India. Moreover, the easy availability of plant-based alternatives might increase the competition and draw consumer attention, and in turn, hamper the growth of India Lactose-Free Dairy Products Market in the future.

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What Components are encompassed within India Lactose-Free Dairy Products Market segmentation?

The report has divided the market into the following segments:

By Product Type

-Milk

-Cheese

-Yogurt

-Ice Cream

-Others (Cream, Condensed milk, etc.)

By Sales Channel

-Business-to-Business

-Business-to-Consumer

--Hypermarket

--Convenience Store

--Online

By Region

-North

-South

-East

-West

-Northeast.

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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

-Amul

-Raw Pressery

-Good Mylk

-Epigamia

-Urban Platter

-Hershey India Private Ltd.

-Life Health Foods (India) Pvt. Ltd. (So Good)

-137 Degrees

-Only Earth

-Allnut

-Others.

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Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.

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