Dublin, Oct. 09, 2023 (GLOBE NEWSWIRE) -- The "Lactose Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global lactose powder market size reached 927 Kilo Tons in 2022. Looking forward, the publisher expects the market to reach 1,126 Kilo Tons by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.
Lactose is a natural component found in milk and milk-based products. It plays a crucial role in whey and contributes to improving the absorption of milk calcium and the assimilation of dairy proteins. Lactose powder, derived from milk, is a white, inert, and water-soluble substance with a neutral pH value of seven.
The largest market for lactose powder worldwide is in North America, primarily due to the concentration of dietary supplement manufacturers in the region.
Currently, there is a growing trend in the consumption of nutritious foods and beverages, driven by increasing health consciousness among consumers. This trend is fueling the global demand for lactose powder.
The thriving food and beverage industry is a significant driver of market growth. Lactose powder is readily available, cost-effective, and has a low level of sweetness, making it a popular choice as a filler in various bakery and confectionery products, such as bread, cookies, cereals, and pancakes.
Additionally, it is used in frozen and canned products like soups, dehydrated potatoes, and meal-replacement supplements to prevent discoloration. Moreover, it finds application in the pharmaceutical industry as a coating for over-the-counter (OTC) drugs, including antacids, throat lozenges, and birth control pills.
Furthermore, in response to the rising consumer demand for calcium-fortified beverages, manufacturers are expanding their range of lactose-based products to diversify their offerings.
Key Questions Answered in This Report:
- How has the global lactose powder market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global lactose powder industry?
- What has been the impact of COVID-19 on the global lactose powder industry?
- What are the major application segments in the global lactose powder industry?
- What are the price trends of lactose powder?
- What are the various stages in the value chain of the global lactose powder industry?
- What are the key driving factors and challenges in the global lactose powder industry?
- What is the structure of the global lactose powder industry and who are the key players?
- What is the degree of competition in the global lactose powder industry?
- What are the profit margins in the global lactose powder industry?
- What are the key requirements for setting up a lactose powder manufacturing plant?
- How is lactose powder manufactured?
- What are the various unit operations involved in a lactose powder manufacturing plant?
- What is the total size of land required for setting up a lactose powder manufacturing plant?
- What are the machinery requirements for setting up a lactose powder manufacturing plant?
- What are the raw material requirements for setting up a lactose powder manufacturing plant?
- What are the packaging requirements for lactose powder?
- What are the transportation requirements for lactose powder?
- What are the utility requirements for setting up a lactose powder manufacturing plant?
- What are the manpower requirements for setting up a lactose powder manufacturing plant?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 149 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value in 2022 | 927 Kilo Tons |
| Forecasted Market Value by 2028 | 1126 Kilo Tons |
| Compound Annual Growth Rate | 3.3% |
| Regions Covered | Global |
Lactose Powder Manufacturing Process
- Product Overview
- Detailed Process Flow
- Various Types of Unit Operations Involved
- Mass Balance and Raw Material Requirements
Project Details, Requirements and Costs Involved
- Land Requirements and Expenditures
- Construction Requirements and Expenditures
- Plant Machinery
- Machinery Pictures
- Raw Material Requirements and Expenditures
- Raw Material and Final Product Pictures
- Packaging Requirements and Expenditures
- Transportation Requirements and Expenditures
- Utility Requirements and Expenditures
- Manpower Requirements and Expenditures
- Other Capital Investments
Project Economics
- Capital Cost of the Project
- Techno-Economic Parameters
- Product Pricing and Margins Across Various Levels of the Supply Chain
- Taxation and Depreciation
- Income Projections
- Expenditure Projections
- Financial Analysis
- Profit Analysis
Competitive Landscape:
- Lactalis International
- Nestle SA
- Fonterra Co-operative Group Limited
- Dairy Farmers of America Inc.
- Land O'Lakes, Inc.
- MEGGLE GmbH & Co. KG
Key Market Segmentation:
Breakup by Application:
At present, the food industry accounts for the majority of the total market share.
- Food Industry
- Diet and Sports Nutrition Industry
- Pharmaceutical Industry
- Others
Regional Insights:
- North America
- Europe
- Oceania
- Asia
- Latin America
- Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/cvq1jo
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