Report ID: SQSG30C2038
Waxy Maize Starch Market
Report ID:
SQSG30C2038 |
Region:
Global |
Published Date: July, 2001
Pages:
242
|
Tables:
92 |
Figures:
76
Lactose Market size was valued at USD 2.22 billion in 2019 and is poised to grow from USD 2.3 billion in 2023 to USD 3.22 billion by 2031, growing at a CAGR of 3.8% in the forecast period (2024-2031).
Lactose is a byproduct of the cheese manufacturing process; it is isolated from liquid whey. Commercially, it is one of the most important dairy ingredients, with multiple applications in a variety of industries, including the food business for creams, bread items, and confectioneries, and the feed industry, primarily as an ingredient in pig feed. Furthermore, it is frequently utilized in the manufacture of infant formula and as an excipient/filler in the pharmaceutical industry. The burgeoning pharmaceutical industry in developing nations, as well as the increased use of lactose in food processing and infant formula manufacturing, is driving up global demand. Furthermore, the growing demand for food and infant-grade lactose in key dairy-producing countries has aided in the rise of the lactose industry.
US Lactose Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONLactose Market size was valued at USD 2.22 billion in 2019 and is poised to grow from USD 2.3 billion in 2023 to USD 3.22 billion by 2031, growing at a CAGR of 3.8% in the forecast period (2024-2031).
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Report ID: SQSG30C2038