Market Share of Lactose Free Milk Industry
The market is highly competitive with the strong presence of regional and global players like Arla Foods amba, Johnson & Johnson, The Coca-Cola Company, Organic Valley, and Nestlé S.A., among others. Key companies are focusing on the production capacity expansion of their existing plants and investing in R&D activities to develop new products as per the changing consumer taste and preferences. Furthermore, industry participants aim to expand their geographical presence across untapped markets by increasing distribution capabilities across both offline and online channels. In addition, emerging markets are experiencing the introduction of local brands specializing in lactose free dairy products. For instance, in June 2022, Provilac, an Indian start-up launched lactose-free cow milk which is available across major cities such as Mumbai, Pune, and Hyderabad.
Lactose Free Milk Market Leaders
Arla Foods amba
Johnson & Johnson
The Coca-Cola Company
Organic Valley
Nestlé S.A
*Disclaimer: Major Players sorted in no particular order
