Lactose Free Product Market Size & Share | Growth, Forecast
Lactose-Free Products Market was valued at USD 13.3 billion in 2021 and is Forecasted to reach USD 24.9 billion in 2029, increasing at a CAGR of 8.1% during the forecast period 2022-2029. The factors driving growth of the Lactose-Free Products Market includes growing demand for lactose-free dairy products around the world, rising awareness about the health benefits offered by lactose products, increasing popularity of hazelnut milk amongst millennials, prevalence of lactose intolerance and improvements in the living standards. Moreover, increasing availability of lactose free products at online stores, growing adoption of advanced technologies by manufacturers, rise in the launch of innovative flavors, greater protein components in lactose free products and rapid urbanization, are some of the additional factors supplementing the Lactose-Free Products Market Size . In addition, the increasing investments by major corporations on research and development, rising disposable incomes ...