Lactose-Free Infant Formula Market Size, Share & Trends Analysis Report By Product (Organic, Conventional), By Distribution Channel, By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global lactose-free infant formula market size is expected to reach USD 24.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.6% over the forecast period. Growing population of lactose intolerant newborns at the global level is a key factor driving the market.

Increasing working women population is also significantly affecting the market growth. Companies are investing on research and development to increase their focus on lactose-Free Infant Formula product offerings. For instance, Valio Oy has introduced more than 100 lactose free products in 50 countries. In 2016, the company invested around USD 28.0 million on new product development in order to provide high quality assurance to the customers.

The organic category held the largest market share in 2018. It is expected to emerge as the fastest growing product segment with a CAGR of 10.7% from 2019 to 2025. The segment growth is attributed to rising demand for premium products in the market. Increasing awareness about the side effects of chemically synthesized products is also driving the consumers to purchase organic products. The conventional category is anticipated to witness significant growth due to its cost effectiveness and availability of the product in the market. The product witnesses majority of its demand from the regions including Asia Pacific and Central and South America.

The supermarkets and hypermarkets category was the largest distribution channel segment in 2018, accounting for 45.0% of the global revenue. Availability of a wide product line is a major factor driving the consumers to purchase their products from this channel. The online category is anticipated to emerge as the fastest growing category. Consumers are shifting their preference toward online purchase due to the convenience of doorstep delivery services.

Europe is the largest consumer of lactose-Free Infant Formula. In 2018, the region accounted for 37.5% share of the global revenue. Europeans prefer purchasing these products as they help in preventing diseases like diarrhea among newborns. In Finland, one out of 60,000 newborns are lactose intolerant, which, in turn, is driving the market. Some of the key players operating in the Europe market are GIMME THE GOOD STUFF and Abbott.

The lactose-Free Infant Formula market is competitive in nature due to the presence of many small and large players. Some of the major companies operating in this market are Nestle; Nutricia; Valio Oy; Abbott; GIMME THE GOOD STUFF; Silverson; Apta Advice; Danone; and Nurture, Inc.

Further key findings from the study suggest:

• By product, the organic category is projected to be the fastest growing segment with a CAGR of 10.7% over the forecast period

• On the basis of distribution channel, the supermarkets and hypermarkets segment dominated the global market, accounting for 45.0% share of the overall revenue in 2018

• Europe dominated the lactose-Free Infant Formula market in 2018, accounting for 37.5% share of the overall revenue. This trend is projected to continue in the coming years due to growing lactose intolerant population and awareness about the benefits of lactose-Free Infant Formula

• Various manufacturers are concentrating on lactose free high nutritional infant formulas to meet the existing and future demand of the market.

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Market Segmentation & Scope
                     1.2. Market Definition
                     1.3. Information Procurement
                          1.3.1. Purchased Database
                          1.3.2. GVR's Internal Database
                          1.3.3. Secondary Sources & Third-Party Perspectives
                          1.3.4. Primary Research
                     1.4. Information Analysis 
                          1.4.1. Data Analysis Models
                     1.5. Market Formulation & Data Visualization
                     1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                     2.1. Market Outlook
                     2.2. Segmental Outlook
                     2.3. Competitive Insights

Chapter 3. Lactose Free Infant Formula Market Variables, Trends & Scope
                     3.1. Market Introduction
                     3.2. Penetration & Growth Prospect Mapping
                     3.3. Industry Value Chain Analysis
                          3.3.1. Sales/Retail Channel Analysis
                          3.3.2. Profit Margin Analysis
                     3.4. Market Dynamics
                          3.4.1. Market Driver Analysis
                          3.4.2. Market Restraint Analysis
                          3.4.3. Industry Challenges
                          3.4.4. Industry Opportunities
                     3.5. Business Environment Analysis
                          3.5.1. Industry Analysis - Porter's
                               3.5.1.1. Supplier Power
                               3.5.1.2. Buyer Power
                               3.5.1.3. Substitution Threat
                               3.5.1.4. Threat from New Entrant 
                               3.5.1.5. Competitive Rivalry
                     3.6. Roadmap of Lactose Free Infant Formula Market
                     3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                     4.1. Consumer Trends and Preferences
                     4.2. Factors Affecting Buying Decision 
                     4.3. Consumer Product Adoption 
                     4.4. Observations & Recommendations

Chapter 5. Lactose Free Infant Formula Market: Product Estimates & Trend Analysis
                     5.1. Product Movement Analysis & Market Share, 2018 & 2025
                     5.2. Organic
                          5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     5.3. Conventional
                          5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 6. Lactose Free Infant Formula Market: Distribution Channel Estimates & Trend Analysis
                     6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                     6.2. Supermarkets & hypermarkets
                          6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     6.3. Convenience stores (including specialty stores)
                          6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     6.4. Online
                          6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 7. Lactose Free Infant Formula Market: Regional Estimates & Trend Analysis
                     7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                     7.2. North America
                          7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          7.2.4. U.S.
                               7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          7.2.5. Canada
                               7.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.2.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.2.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          7.2.6. Mexico
                               7.2.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.2.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.2.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     7.3. Europe
                          7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion))
                          7.3.4. U.K.
                               7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          7.3.5. Germany
                               7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     7.4. Asia Pacific
                          7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          7.4.4. China 
                               7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     7.5. Central & South America
                          7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                          7.5.4. Brazil
                               7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)
                     7.6. Middle East & Africa (MEA)
                          7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Billion)

Chapter 8. Competitive Analysis
                     8.1. Key global players, recent developments & their impact on the industry
                     8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                     8.3. Vendor Landscape
                          8.3.1. Key customers 
                          8.3.2. Key company market share analysis, 2018

Chapter 9. Company Profiles
                     9.1. Nestlé
                          9.1.1. Company Overview
                          9.1.2. Financial Performance
                          9.1.3. Product Benchmarking
                          9.1.4. Strategic Initiatives
                     9.2. Nutricia
                          9.2.1. Company Overview
                          9.2.2. Financial Performance
                          9.2.3. Product Benchmarking
                          9.2.4. Strategic Initiatives
                     9.3. Valio Oy
                          9.3.1. Company Overview
                          9.3.2. Financial Performance
                          9.3.3. Product Benchmarking
                          9.3.4. Strategic Initiatives
                     9.4. Abbott
                          9.4.1. Company Overview
                          9.4.2. Financial Performance
                          9.4.3. Product Benchmarking
                          9.4.4. Strategic Initiatives
                     9.5. GIMME THE GOOD STUFF
                          9.5.1. Company Overview
                          9.5.2. Financial Performance
                          9.5.3. Product Benchmarking
                          9.5.4. Strategic Initiatives
                     9.6. Silverson
                          9.6.1. Company Overview
                          9.6.2. Financial Performance
                          9.6.3. Product Benchmarking
                          9.6.4. Strategic Initiatives
                     9.7. Apta Advice
                          9.7.1. Company Overview
                          9.7.2. Financial Performance
                          9.7.3. Product Benchmarking
                          9.7.4. Strategic Initiatives
                     9.8. Danone
                          9.8.1. Company Overview
                          9.8.2. Financial Performance
                          9.8.3. Product Benchmarking
                          9.8.4. Strategic Initiatives
                     9.9. Nurture, Inc.
                          9.9.1. Company Overview
                          9.9.2. Financial Performance
                          9.9.3. Product Benchmarking
                          9.9.4. Strategic Initiatives
                     9.10. Hero
                          9.10.1. Company Overview
                          9.10.2. Financial Performance
                          9.10.3. Product Benchmarking
                          9.10.4. Strategic Initiatives

List of Tables

1. Lactose free infant formula - Key market driver analysis
2. Lactose free infant formula - Key market restraint analysis
3. Global organic market estimates and forecast, 2015 - 2025 (USD Billion)
4. Global conventional market estimates and forecast, 2015 - 2025 (USD Billion)
5. Global lactose free infant formula market estimates and forecast through supermarkets & hypermarkets, 2015 - 2025 (USD Billion)
6. Global lactose free infant formula market estimates and forecast through convenience stores, 2015 - 2025 (USD Billion)
7. Global lactose free infant formula market estimates and forecast through online, 2015 - 2025 (USD Billion)
8. North America lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
9. North America lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
10. North America lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
11. U.S. lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
12. U.S. lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
13. U.S. lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
14. Canada lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
15. Canada lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
16. Canada lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
17. Mexico lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
18. Mexico lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
19. Mexico lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
20. Europe lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
21. Europe lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
22. Europe lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
23. U.K. lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
24. U.K. lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
25. U.K. lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
26. Germany lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
27. Germany lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
28. Germany lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
29. Asia Pacific lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
30. Asia Pacific lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
31. Asia Pacific lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
32. China lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
33. China lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
34. China lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
35. Central & South America lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
36. Central & South America lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
37. Central & South America lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
38. Brazil lactose free infant formula market estimates and forecast, 2015 - 2025 (USD Billion)
39. Brazil lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
40. Brazil lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
41. MEA lactose free infant formula market estimates and forecast, 20145 - 2025 (USD Billion)
42. MEA lactose free infant formula market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
43. MEA lactose free infant formula market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Billion)
44. Vendor landscape

List of Figures

1. Lactose free infant formula market snapshot 
2. Lactose free infant formula market segmentation & scope
3. Lactose free infant formula market penetration & growth prospect mapping
4. Lactose free infant formula value chain analysis
5. Lactose free infant formula market dynamics
6. Lactose free infant formula market Porter's analysis 
7. Lactose free infant formula market: Product movement analysis 
8. Lactose free infant formula market: Distribution Channel movement analysis 
9. Lactose free infant formula market: Regional movement analysis