Market Research Future with their unique quality of simplifying the market research study, announces a deep study report on “Lactose Intolerance Treatment Market Research Report- Global Forecast till 2023” Gives industry size, top players and worldwide demand
Lactose intolerance cause symptoms such as abdominal pain, bloating, diarrhoea, gas, nausea etc. due to the decreased ability to digest the sugar lactose in milk products. Lactose intolerance is caused due to the lack of enzyme lactase which breaks lactose into glucose and galactose. Primary lactose intolerance is due to fall in the amount of lactase due to age while secondary lactose intolerance is due to injury to the small intestine such as infections, celiac disease, inflammatory bowel disease etc. Congenital lactose intolerance is caused by genetic factors. The falling prices of lactose free foods due to rising scalability and larger sales will also stimulate the market. The non-serious nature of the symptoms of lactose intolerance is a major constraint on the market.
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Lactose Intolerance Treatment Market is expected to reach $ 9.4 billion by the end of 2023, this market is projected to growing at a CAGR of ~ 7.2 % during forecast period.
The global lactose intolerance treatment market is segmented on the basis of type, treatment and end users. Based on type, the market has been segmented as primary, secondary, developmental and congenital. Based on the treatment, the market has been segmented as food supplements (dairy, milk substitutes (soy, rice, coconut, almond, others), cereals and breads, fats, others), enzymatic lactase supplements, and others. Based on the end users, the market has been segmented as hospitals and clinics, home use, and others.
Key Players
- Johnson & Johnson Inc.,
- National Enzyme Company,
- Vetbiochem India Private Limited,
- Scimera Partners,
- Ganeden Biotech,
- Daiya Foods Inc.,
- Arla Foods,
- McNeil Nutritionals,
- Oberland-Milchverwertung (OMIRA),
- Parmalat, Valio and others.
Market Segmentation
The lactose intolerance treatment market is segmented on the basis of treatment, type, region and end users. On the basis of type, the lactose intolerance treatment market has been segmented into secondary, primary, developmental and congenital. The treatment basis of segmentation of the market has been segmented into food supplements such as milk substitutes (soy, coconut, rice, almond among others), cereals and breads, dairy, fats, and others, enzymatic lactase supplements, and others. The end user segment of the market comprises of home use, hospitals and clinics, and others. The regions that are a share of the global lactose intolerance treatment market are the Middle East, Africa, Europe, North America, and the Asia Pacific.
Latest Industry News
- Start-up Perfect Day is collaborating with Archer Daniels Midland to crease lactose-free whey which is plant-based.
Regional Analysis
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global lactose intolerance treatment. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most potential and it is estimated to be led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration.
Browse Complete 90 Pages Premium Research Report Segmented by Type of Lactose Intolerance Treatment (Primary, Secondary, Congenital/Developmental Lactose Intolerance), by Form (Tablets/Capsules, Enzyme Lactase Supplement, Probiotics), by Treatment (Food Supplements, Enzyme Lactase Supplements, Probiotics), by Form (Powder, Liquid, Tablets & Capsules), by End User (Homecare, Hospitals & Clinics) @ https://www.marketresearchfuture.com/reports/lactose-intolerance-treatment-market-3868
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