Middle East Lactose-Free Food Market Expanding at a CAGR of 6.76% during 2023-2028
MarkNtel Advisors, a leading market research firm, has showed its latest study titled «Middle East Lactose-Free Food Market«, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Middle East Lactose-Free Food Market: 2023-2028
The Middle East Lactose-Free Food Market is projected to grow at a CAGR of around 6.76% during the forecast period, i.e., 2023-28.
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Key Driver: Rising Lactose Malabsorption Among the Population
The rising prevalence of lactose intolerance & the boosting requirement for products with little or no added sugar has been driving the demand for lactose-free products such as milk in the Middle East during the historical period. According to the statistics published by the National Center for Biotechnology in 2021, over 68% of the world’s population is susceptible to lactose intolerance & Middle Eastern countries such as Egypt & Oman have a majority of around 68% & 96%. Owing to the rising prevalence, consumers are becoming more aware of their health & well-being, consequently switching towards alternative food products, thereby driving the market in the Middle East.
Moreover, food manufacturing companies like Al Ain farms, Nurishh, etc., are launching new lactose-free dairy products which would give consumers the nutritional & taste benefits of dairy without the discomfort associated with lactose intolerance. Hence, these new product innovations cater to the growing demand for these food products in the upcoming years.
Middle East Lactose-Free Food Market Segmentation:
The Middle East Lactose-Free Food Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type
-Milk
-Bread
-Soups and Sauces
-Desserts
-Others (Yoghurts, Cheese, Non-Dairy Products, etc.)
By Source
-Soy
-Rice
-Coconut
-Almond
-Hemp Milk
-Oat Milk
-Others (Hazelnut milk, Cashew milk, etc.)
By Nature
-Organic
-Inorganic
By Distribution Channel
-Retail Offline
-Grocery Retailers
-Convenience Stores
-Supermarkets
-Hypermarkets
-Non-Grocery Retailers
-Retail E-Commerce.
Geographical Analysis into the Middle East Lactose-Free Food Market:
- The UAE
- Saudi Arabia
- Qatar
- Egypt
- Turkey
- Rest of Middle East
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/middle-east-lactose-free-food-market.html
Competitive Landscape and Middle East Lactose-Free Food Market Share Analysis:
The competitive landscape of the Middle East Lactose-Free Food Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Nestlé Middle East FZE, The Danone Company Inc., Arla Foods, Dean’s Food, Shamrock Foods, Kolita Foods, McNeil Nutrionals, Valio, OMIRA Oberland-Milchverwertung (OMIRA), Parmalat, Alpro, Cabot Creamery, Others [Galaxy Nutritional Foods, Green Valley Organics, etc.].
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Middle East Lactose-Free Food Market growth?
- How is the Middle East Lactose-Free Food Market expected to grow over the next five years?
- What are the key insights into the current trends in the Middle East Lactose-Free Food Market?
- What is the current size of the Middle East Lactose-Free Food Market, and how is it projected to change in the future?
- What is the future outlook for the Middle East Lactose-Free Food Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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