Lactose Market Share

North American Market Forecast

The North America lactose market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037 backed by the presence of significant key manufacturers, along with the growing food and beverage industry, and the increasing demand for confectionary items such as chocolates, candies, and other products in the region. For instance, around more than 4.8 billion units of chocolate candy were sold in the United states in 2021.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of lactose is estimated at USD 2.44 billion.

The lactose market size was valued at USD 2.31 billion in 2024 and is likely to cross USD 5.75 billion by the end of 2037, registering more than 7.2% CAGR during the forecast period i.e., between 2025-2037. Rising awareness about the benefits of consuming lactose, growing consumption of dietary supplements, and escalating growth in pharmaceutical industry will drive the market growth.

North America is predicted to account for largest industry share by 2037, backed by presence of significant key manufacturers, along with growing food and beverage industry, and the increasing demand for confectionary items such as chocolates, candies, and other products in the region.

The major players in the market include DuPont de Nemours, Inc., Fonterra Co-operative Group Limited, Glanbia plc, Merck KGaA, Agropur cooperative, Arla Foods amba, Lactalis Group, Kerry Group plc, Lactose India Limited, MILEI GmbH.

Lactose Market Share