Lactose Free Dairy Products Market Size, Share & Trends 2027
Lactose-Free Dairy Products Market The Lactose-Free Dairy Products Market is expected to reach USD 23476 million by the end of 2027, growing at a CAGR of 6.4% over the forecast period (2020-2027). The factors driving the growth of Lactose-Free Dairy Products Market includes growing demand for organic food and beverages, rise in the lactose intolerant population, and increase in the consumption of hazelnut milk around the world. According to the report published by Statista, the Global Milk Substitute Market was calculated around USD 5.02 billion in 2016 and is further projected to reach USD 11.72 billion by the end of 2026, which is expected to boost the market growth in the approaching years. Moreover, increasing consumers preference for dairy products over processed meat food, availability of lactose free dairy products at the e-commerce platforms, rise in the launches of innovative launches by the ice-cream companies and growing awareness about the benefits of lactose-free da...