Latest Report Update: May 14, 2021

U.S. - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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U.S.: Lactose Market Overview 2021

Lactose Market Size in the U.S.

The U.S. lactose market expanded modestly to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2013 to 2020, the growth of the market remained at a lower figure.

Lactose Production in the U.S.

In value terms, lactose production rose markedly to $X in 2020. Over the period under review, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, production hit record highs in 2020 and is expected to retain growth in years to come.

Lactose Exports

Exports from the U.S.

In 2020, approx. X tonnes of lactose and lactose syrup were exported from the U.S.; remaining constant against 2019 figures. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2019, and then contracted in the following year.

In value terms, lactose exports rose sharply to $X in 2020. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

China (X tonnes), New Zealand (X tonnes) and Japan (X tonnes) were the main destinations of lactose exports from the U.S., with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in New Zealand, while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), New Zealand ($X) and Japan ($X) appeared to be the largest markets for lactose exported from the U.S. worldwide, with a combined X% share of total exports.

Among the main countries of destination, New Zealand saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lactose export price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the export price, however, showed a mild setback. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2013 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced a decline.

Lactose Imports

Imports into the U.S.

In 2020, the amount of lactose and lactose syrup imported into the U.S. reduced notably to X tonnes, with a decrease of -X% against the previous year's figure. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, lactose imports contracted notably to $X in 2020. Over the period under review, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2019, and then declined notably in the following year.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest lactose supplier to the U.S., accounting for a X% share of total imports. Moreover, lactose imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Canada (-X% per year).

In value terms, the largest lactose suppliers to the U.S. were Germany ($X), the Netherlands ($X) and New Zealand ($X), with a combined X% share of total imports.

New Zealand recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average lactose import price amounted to $X per tonne, waning by -X% against the previous year. In general, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2017 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2019, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lactose and lactose syrup in the world?
+
China (628K tonnes) constituted the country with the largest volume of lactose consumption, accounting for 26% of total volume. Moreover, lactose consumption in China exceeded the figures recorded by the second-largest consumer, India (252K tonnes), twofold. The third position in this ranking was occupied by the U.S. (158K tonnes), with a 6.7% share.
What are the largest producers of lactose and lactose syrup in the world?
+
The countries with the highest volumes of lactose production in 2020 were the U.S. (534K tonnes), China (516K tonnes) and Germany (307K tonnes), with a combined 61% share of global production. These countries were followed by India, France, Turkey, the Netherlands, the UK, Italy and Denmark, which together accounted for a further 24%.
What are the leading suppliers of lactose and lactose syrup to the U.S.?
+
In value terms, the largest lactose suppliers to the U.S. were Germany ($4.9M), the Netherlands ($4.4M) and New Zealand ($893K), together accounting for 93% of total imports.
What are the leading importers of lactose and lactose syrup from the U.S.?
+
In value terms, China ($74M), New Zealand ($48M) and Japan ($41M) constituted the largest markets for lactose exported from the U.S. worldwide, with a combined 41% share of total exports.
What is the average export price for lactose and lactose syrup in the U.S.?
+
The average lactose export price stood at $1,046 per tonne in 2020, rising by 8.4% against the previous year.
What is the average import price for lactose and lactose syrup in the U.S.?
+
The average lactose import price stood at $4,139 per tonne in 2020, which is down by -6.3% against the previous year.

Product coverage:
• Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)

This report provides an in-depth analysis of the lactose market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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