| Product Name | Lactose |
| HS Code | 17021100 |
| Molecular Weight | 342.3 g/mol |
| Chemical Formula | C12H22O11 |
| Synonyms |
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| Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
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Lactose is a disaccharide and galactose and glucose subunits are used to make lactose sugar. Lactose is naturally present in milk and makes up between 2 and 8% of the milk (by weight). Lactose has a white, non-hygroscopic, water-soluble solid appearance and a pleasantly sweet flavour. The food sector makes extensive use of it.
When separating lactose from whey solutions in the dairy business, crystallisation is a crucial separation technique that is frequently used. Lactose crystals are extracted from the whey solution during the refining process through nucleation, growth, and aggregation.
On the basis of region, Europe is the fastest growing market for lactose, on the other hand, with a 60 percent market share, the United States accounted for the most profitable market for lactose.
Key Details About the Lactose Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the lactose price, lithium carbonate price, and coal price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The lactose price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Lactose Price Trend:
The lactose price trend is affected by its industrial uses which include the manufacture of dairy products such as sweetened condensed milk and as a raw material in some chemicals, fermented products, and lactose hydrolysed products. Lactose is also employed in the production of penicillin and seed material.
Key Market Players:
- Nestlé SA
- Fonterra Co-operative Group Limited
- Dairy Farmers of America Inc.
- Lactalis International
- Land O’Lakes, Inc.
News and Events:
- March 2022: Lacroprodan and Premium Lactose Organic were two new products introduced by Arla Foods Ingredients Group P/S in an effort to diversify its product line.
- September 2021: In an effort to increase the brand’s visibility in the Netherlands, Friesland Campina Ingredients relaunched its newborn feeding brand Friso.
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