The lactose market has witnessed significant growth in recent years, driven by various factors such as increasing demand for lactose-based products, a rise in lactose-intolerant population opting for lactose-free alternatives, and the growing use of lactose in the pharmaceutical industry.
Lactose, a natural sugar found in milk and milk products, is widely used as a functional ingredient in the food and beverage industry. It serves as a bulking and texturizing agent, as well as a sweetener in a variety of products such as bakery items, confectionery, infant formula, nutritional supplements, and dairy products. The versatility of lactose has made it a popular choice among manufacturers, leading to a rise in its market demand.
Furthermore, the lactose-free market segment has gained significant traction in recent years. Lactose intolerance, which affects a considerable portion of the global population, has led to the development of lactose-free alternatives. Manufacturers are offering lactose-free milk, cheese, yogurts, and other dairy products to cater to consumers with lactose intolerance. This trend has opened new avenues for growth in the lactose-free market.
In addition to the food and beverage industry, the pharmaceutical sector has also become a key consumer of lactose. Lactose is widely used as an excipient in pharmaceutical formulations due to its unique properties, including its ability to enhance drug stability, improve drug flowability during manufacturing, and provide consistent dosing. With the increasing demand for pharmaceutical products globally, the demand for lactose as an excipient has also witnessed substantial growth.
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