Lactose (C12H22O11), or milk sugar, is a natural enzyme present in the milk of any mammal, including goats, cows, as well as humans. In our body, a natural enzyme called lactase is essential for digesting lactose produced from whey and made as a by-product of casein and cheese production. Lactose is a non-hygroscopic solid that appears to be white in colour with no odour and a slightly sweet flavour. It is soluble in water. Its respective melting and flash points are 202.8 °C and 357.8 °C.
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The top exporters of lactose are the United States, Germany, Netherlands, Denmark, and New Zealand, while the top importers of laptops are China, Japan and India.
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 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, including India Lactose price, USA Lactose price, 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 market demand is mainly dependent on the product’s use in the food and pharmaceutical sectors. In food-related applications, it is used for maintaining the crystallized texture of sugar without making the food overly sweet. In addition, it is employed in various low-volume applications and works as a food flavour enhancer, diluent, free-flowing or agglomerating agent, enzyme or pigment while also playing the role of improving the functionality of shortenings boosting the market growth. Furthermore, it finds application in the pharmaceutical industry as a key agent that carries drugs owing to its safe, unsweet, and well-refined qualities, which leads to the creation of tablets that are high in quality. Other applications of the product include its role as an essential nutrient that helps modify the milk and baby food, in the fermentation of products like yoghurt, cheese, sour milk etc.
Key Players:
- Nestlé SA,
- Fonterra Co-operative Group Limited,
- Dairy Farmers of America Inc.,
- Lactalis International,
- Land O’Lakes, Inc.
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