Europe Lactose-free Butter Market Size & Outlook, 2023-2030
The lactose-free butter market in Europe is expected to reach a projected revenue of US$ 166.9 million by 2030. A compound annual growth rate of 5.9% is expected of Europe lactose-free butter market from 2024 to 2030.
Revenue, 2023 (US$M)
$111.5
Forecast, 2030 (US$M)
$166.9
CAGR, 2024 - 2030
5.9%
Report Coverage
Europe
Europe lactose-free butter market highlights
- The Europe lactose-free butter market generated a revenue of USD 111.5 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, organic was the largest revenue generating nature in 2023.
- Organic is the most lucrative nature segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 111.5 million |
| Market revenue in 2030 | USD 166.9 million |
| Growth rate | 5.9% (CAGR from 2024 to 2030) |
| Largest segment | Organic |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic |
| Key market players worldwide | LAND O'LAKES, Lactalis, Arla Foods, Ornua, Organic Valley, Deoleo SA, Miyoko’s Kitchen, Daiya Foods, Upfield, Challenge Dairy Products |
Other key industry trends
- In terms of revenue, Europe region accounted for 35.8% of the global lactose-free butter market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 100.4 million by 2030.
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Lactose-free Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Challenge Dairy Products | View profile | 51-100 | Dublin, California, United States, North America | http://challengedairy.com/ |
| Upfield | View profile | 1001-5000 | Amsterdam, Noord-Holland, The Netherlands, Europe | https://upfield.com/ |
| Ornua | View profile | 5001-10000 | Dublin, Dublin, Ireland, Europe | http://www.ornua.com/# |
| Miyoko’s Kitchen | View profile | 101-250 | Fairfax, California, United States, North America | https://miyokos.com |
| LAND O'LAKES | View profile | 10001+ | Saint Paul, Minnesota, United States, North America | https://www.landolakes.com |
| Daiya Foods | View profile | 51-100 | Vancouver, British Columbia, Canada, North America | https://daiyafoods.com/ |
| Organic Valley | View profile | 501-1000 | La Farge, Wisconsin, United States, North America | https://www.organicvalley.coop |
| Deoleo SA | View profile | 657 | Carretera N-IV - KM 388, Alcolea, Cordoba, Spain | http://www.deoleo.com |
| Arla Foods | View profile | 10001+ | Viby, Skane Lan, Sweden, Europe | http://www.arla.com |
| Lactalis | View profile | 10001+ | Laval, Pays de la Loire, France, Europe | http://www.lactalis.fr |
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