Lactose Intolerance Treatment Market Driven by Growing Awareness about Lactose Intolerance, other Digestive Conditions
The global lactose intolerance treatment market is expected to exhibit a strong 7.10% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). The global lactose intolerance treatment market is studied in full detail in the report, which presents a detailed outline of the market’s historical growth trajectory, further linking the market’s historical details and trajectory to projections about the market’s likely growth trajectory over the forecast period. The report presents a detailed look at the major factors driving and restraining the global lactose intolerance treatment and provides a detailed analysis of the market’s major drivers. Major players operating in the global lactose intolerance treatment market are also studied in the report.
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Lactose intolerance is the inability of an individual to digest lactose, resulting in bloating, flatulence, pain in the stomach, and other symptoms. The absence of natural lactase enzyme in the body causes lactose intolerance, as lactase is responsible for digesting lactose. Most lactose intolerance treatment regimens are centered on a supplementary dosage of lactase, as there is no comprehensive cure to lactose intolerance and the condition can’t be “cured” as such. The only way to managing lactose intolerance is to keep the consumption of lactose-rich foods down and supplement the diet with artificial lactase, in the hopes that this will be sufficient in warding off the unwelcome symptoms of the condition.
The increasing awareness about lactose intolerance is likely to be a key driver for the global lactose intolerance treatment market, as pharmaceutical grade lactase is being produced in increasing volumes. Increasing prevalence of digestive conditions in the modern world has also driven research into the field of lactose intolerance and related diseases, which is likely to be a key driver for the market over the forecast period.
Competitive Analysis:
Leading players in the global lactose intolerance treatment market include Novozyme, Johnson & Johnson Inc., Dean Foods, Cargill Inc., Nestle, and Abbott Laboratories Inc.
In March 2018, Nestle completed the acquisition of Atrium Innovations Inc., a leading producer of nutritional health products.
In April 2017, Abbott introduced New Ensure Surgery Immunonutrition Shake and Ensure Pre-Surgery Clear Nutrition Drink, two shakes to help patients cope with surgical procedures. Both products are lactose-free.
Segmentation:
The global lactose intolerance treatment market is segmented on the basis of type, treatment, form, end use, and region.
By type of lactose intolerance, the global lactose intolerance treatment market is segmented into primary, secondary, and congenital/developmental lactose intolerance. The share of secondary lactose intolerance is likely to increase in the coming years due to the growing prevalence of irritable bowel syndrome, ulcerative colitis, and Crohn’s disease, among others, as secondary lactose intolerance is caused as a side effect of one of the other digestive disorders, which may mess with enzyme production and nutrient assimilation and result in conditions like lactose intolerance. However, primary lactose intolerance holds a majority share in the global lactose intolerance treatment market and is likely to remain the leading revenue generator over the forecast period.
By treatment, the global lactose intolerance treatment market is segmented into food supplements, enzyme lactase supplements, probiotics, and others such as combination products and prebiotics.
By form the market is segmented into tablets/capsules, powder, and liquid.
By end use, the global lactose intolerance treatment market is segmented into hospitals & clinics and home care.
Regional Analysis:
Europe holds the leading share in the global lactose intolerance market, followed by the Americas. The Europe market accounted for 42% of the global lactose intolerance treatment market in 2018, followed by the Americas at 28%. Asia Pacific also holds a comparable share in the global lactose intolerance treatment market and is expected to grow at a steady growth rate over the forecast period.
Western Europe is the hotbed for the lactose intolerance treatment market, with countries such as Germany and France accounting for large shares in the global market.
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