global Lactose Intolerance Treatment Market is growing at a rate of 7.2 % and is expected show a similar trend during the forecast period.
PUNE, MAHARASHTRA, INDIA, July 24, 2017 /EINPresswire.com/ — Market Highlights
The lactose intolerance treatment market is chiefly driven by rise in awareness and greater screening rates in the world and especially in the developed regions of North America and Europe. The exact number of people with lactose intolerance is unknown but it is estimated that about 65% of the global population suffers from lactate intolerance. It is also estimated that lactate intolerance rates vary from less than 10% in Northern Europe to as high as 95% in parts of Asia and Africa.
Lactose intolerance can also be managed by consuming live yogurt cultures containing lactobacilli and other milk fermentation products which explains why many people, though genetically lactose intolerant, are able to tolerate large quantities of milk. Plant-based milks such as soy milk, rice milk, coconut milk, oat milk, etc. are inherently lactose-free. Low-lactose or lactose-free versions of foods supplements are used for those patients who have high lactose intolerance. Patients with little or no lactase enzyme can be supplemented by artificially produced from microbes of genus Aspergillus. The enzyme, β-galactosidase, is used and is available over the counter in many countries.
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The food supplements dominate the segment for treatment and are led by products such as Lactose free dairy products. Rising awareness and increasing health expenditures is a strong driver for the market for lactose intolerance treatment. Breast milk substitutes are another products which are used if breast feeding is not possible in infants with severe lactose intolerance. The breast milk substitutes products are fortified with dietary nutrients such as iron, vitamins etc. Vegetable products such as soy-based or rice-based infant milks are also available which is strengthening the market for lactose intolerance treatment.
Major Market 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
Test the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Lactose intolerance treatment Market Research Report – Forecast to 2023.”
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.
Table of Content
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.3 Market Structure:
2. Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
3. Market Dynamics
3.4 Macroeconomic Indicators
4. Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
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Source: EIN Presswire