Market Share of Lactose Free Butter Industry
The global lactose-free butter market is fragmented with key players dominating the market share such as Arla Foods amba, Challenge Dairy Products, Inc., Redwood Hill Farm & Creamery (Green Valley), Agropur cooperative and Upfield Canada Inc. The market is witnessing new entrants at a fast pace due to the higher market potential and low market entry barriers. The surging demand of lactose-free butter by the lactose intolerant consumers offers an opportunity for product development in the regions of high demand and for market development in the region where the availability is still restricted. Also, in the competitive market the product offers a scope of diversification in order to cope up with the competition.
Lactose-free Butter Market Leaders
Arla Foods amba
Challenge Dairy Products, Inc.
Redwood Hill Farm & Creamery (Green Valley)
Agropur cooperative
Upfield Canada Inc.
*Disclaimer: Major Players sorted in no particular order
