Lactose Price History and Forecast Analysis | Provided by Procurement Resource
Posted on 30 December, 2022 by Endru Smith
| 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 |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Lactose Prices: https://www.procurementresource.com/resource-center/lactose-price-trends/pricerequest
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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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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3 January, 2017