Why to Choose Our Middle East Lactose-Free Food Market Research Report?
On a regional, or national level, MarkNtel Advisors focuses on providing carefully curated research reports that address specific sectors & growing locations. The ” Middle East Lactose-Free Food Market Research Report,” our most recent product, thoroughly covers all important aspects of the market. It provides accurate information and statistics while delivering a clear and insightful outlook on the market. The report provides a succinct description of the good or service, a detailed analysis of its uses and advancements, and an exhaustive analysis of its principal rivals. We also examine the elements fueling the market’s development, pinpoint possible growth prospects, and list the factors preventing it from moving forward.
The Middle East Lactose-Free Food market is projected to grow at a CAGR of around 6.76% during the forecast period 2023-28.
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Primary Parameters as per Which the Data is Cited:
-Period & Statistics
- Historical Period: 2018-21
- Base Year: 2022
- Forecast Years: 2023-28
- Units: USD Million/Billion
-Focused on both primary & secondary research methodologies to attain precise & reliable information.
-Detailed examination of the historical, present, and future period, supported with the accentuating developments by the industry players.
-Stressed upon various verticals & segmentations and their role in achieving the projected growth rate.
-Special addition of SWOT analysis & Porter’s five forces analysis to curate an accurate path of the industry.
-Stresses upon the top down & bottom up approach to appraise numerous divisions & deliver unbiased assessment.
Middle East Lactose-Free Food Market Dynamics
“Middle East Lactose-Free Food Market Analysis, 2023” research report entails a detail-oriented analysis of aspects like the Covid-19 impact, segmentation analysis, country/regional landscape, recent developments, demand & supply chain, and product/service pricing, among others, driving the market expansion across different segments & geographies. This section aims solely to enlighten the stakeholders & the leading players to plan & lay out new strategies for expanding their visibility, product portfolio, & customer base and generating significant revenues in the coming years.
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.
Possible Restraint: Persistent Supply Chain Disruptions in a Few Middle Eastern Countries
Middle Eastern countries, such as Kuwait, Bahrain, and others, are primary sources, the raw materials like coconut, rice, etc., used for producing lactose-free food products from Asian & European countries. Consequently, the prices of commodities vary according to the international market, which leads to fluctuations in the prices of raw materials and food products. Moreover, the unavailability of the raw material in stock causes disruption in both operations & the supply chain, which impacts the market.
In addition, a few Middle Eastern countries face fluctuations in oil prices, which impedes transportation & overall supply of both end-product & raw materials. As a result, the product remains inaccessible to individuals in those countries, limiting the market in the forthcoming years.
Exploring the Segmentations of the Middle East Lactose-Free Food Industry
We do a deep analysis of each segment and its sub-segments to provide a thorough insight of the Middle East Lactose-Free Food Market. This report’s section provides a thorough study of size and volume based on numerous classifications. Our goal is to help our esteemed clients uncover the critical elements driving the industry’s expansion and empower them to improve their end-user positioning, strategic choices, and income generation.
The Key Market Segments are as Follows: –
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 (Hazelnut milk, Cashew milk, etc.)
By Nature
-Organic
-Inorganic
By Distribution Channel
-Retail Offline
–Grocery Retailers
—Convenience Stores
—Supermarkets
—Hypermarkets
–Non-Grocery Retailers
-Retail E-Commerce
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Key Competitors in the Middle East Lactose-Free Food Market
The Middle East Lactose-Free Food Market will be thoroughly examined in this part, along with evaluations of the major players and regional and national markets. The sector is expanding as a result of the market’s high level of competition from a wide range of rivals who are consistently providing cutting-edge and profitable solutions.
The Key Competitors are as follows: –
-Nestlé Middle East FZE
-The Danone Company Inc.
-Arla Foods
-Dean’s Food
-Shamrock Foods
-Kolita Foods
-McNeil Nutrionals
-Valio
Exploring the Regions/Countries!
To inform the stakeholders about the state of the market in each of the areas, our skilled researchers and analysts employ all of their expertise in addition to providing a complete picture of each nation and region.
In terms of geography, the industry covers:
By Country
-The UAE
-Saudi Arabia
-Qatar
-Egypt
-Turkey
-Rest of Middle East
Middle East Lactose-Free Food Market Research Report:
- What is the estimated size, share, & CAGR of the Middle East Lactose-Free Food Market in the forecast period?
- What are the key trends projected to impact the Middle East Lactose-Free Food Market during 2023-28?
- What are the different segments & sub-segments considered in the Middle East Lactose-Free Food Market research study?
- Who are the key stakeholders and players participating in the Middle East Lactose-Free Food Market?
- What would be the demand for different types of products/services in the Middle East Lactose-Free Food Market through 2028?
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Note: The Middle East Lactose-Free Food MARKET can further be customized with multi-dimensional, deep-level, & high-quality insights as per the specific requirements of clients to help them garner the industry’s prospects, effortlessly encounter market challenges, adequately formulate different strategies, and make sound decisions to remain competitive in the market.
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