Middle East Lactose-Free Food Market Overview:
MarkNtel Advisors recently released a research report focusing on the Middle East Lactose-Free Food Market for the forecast period 2023–28. Employing robust methodologies in the research section, the report offers valuable insights into sales and revenue forecasts 2023 to 2028. This approach enhances user understanding and supports well-informed decision-making. The report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges using qualitative and quantitative data. To familiarize established businesses and newcomers with the present market scenario, the report offers detailed growth prospects for the industry and concise insights into competitors.
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Middle East Lactose-Free Food Market Insight and Analysis:
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. This extensive report offers a detailed examination of the Middle East Lactose-Free Food market, including segmentation, noteworthy trends, market potential, and challenges. The market is segmented into key categories: 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 [Hazelnutmilk, Cashew milk, etc.]), By Nature (Organic, Inorganic), By Distribution Channel (Retail Offline [Grocery Retailers, Non-Grocery Retailers], Retail E-Commerce), By Country (The UAE, Saudi Arabia, Qatar, Egypt, Turkey, Rest of Middle East). The report’s reliability is strengthened by a thorough study and analysis utilizing various statistical methodologies.
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.
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Analysis of Middle East Lactose-Free Food Market leading key players:
A thorough examination of the competitive landscape of the Middle East Lactose-Free Food Market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market 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.].
Conclusion:
The report is designed to offer customized solutions that precisely address customers’ unique needs. By thoroughly understanding key growth drivers, businesses can formulate effective strategies, allowing them to navigate the dynamic landscape of any market successfully.
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The Middle East Lactose-Free Food Market report addresses the following concern:
- The Middle East Lactose-Free Food Market report explores the influence of key trends on market share within the primary segments.
- What are the leading market trends that propel the expansion of the Middle East Lactose-Free Food market?
- What are the projected CAGR, market size, and growth rate for the Middle East Lactose-Free Food Market in the upcoming years?
- What are the key players in the Middle East Lactose-Free Food market, and what strategies are they implementing?
- What factors, such as industry trends, drivers, and challenges, are contributing to the growth of the Middle East Lactose-Free Food market?
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