May 18, 2024
Lactulose Market

Lactulose Driving Growth Of Stool Softener And Laxative Industry

Lactulose is a synthetic disaccharide used as a laxative and stool softener. It is a non-digestible sugar that passes through the intestines virtually intact and helps hydrate stool to make it softer and easier to pass through the gastrointestinal tract. As lactulose cannot be digested, it increases the water-holding capacity and bulk of stool, providing relief from constipation. Constipation issues are quite common and impact quality of life for millions of people. According to surveys, more than 30% of people in some countries report constipation as a recurrent health issue. Increasing awareness about relieving constipation and preventing associated problems through diet and lifestyle modifications is driving the demand for lactulose and related laxative products. Lactulose is typically administered orally through powder, syrup or liquid formulations. It acts slowly and gently without causing stomach cramps or discomfort. Unlike stimulant laxatives, lactulose use does not lead to dependency or intestinal problems with long-term intake. These advantages make lactulose a popular choice for both occasional and long-term constipation treatment in adults and children.

The global Lactulose Market is estimated to be valued at US$ 2.3 billion in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the major trends in the Global lactulose market size is the increasing demand for plant-based lactulose alternatives. Consumers are showing preference for natural and herbal laxatives extracted from sources like seeds of psyllium, flax, and fenugreek. These are gaining popularity due to the perceived ‘clean label’ appeal. Product launches featuring herbal extracts in combination with lactulose are helping manufacturers tap into this consumer trend. For instance, in 2021, a leading player launched a lactulose syrup blended with fenugreek, fennel, and coriander extracts to provide soothing relief from occasional constipation. Introducing additional probiotic strains is another emerging trend. Probiotics help maintain a healthy gut microflora balance and thus complement the effects of lactulose.

Porter’s Analysis

Threat of new entrants: The threat of new entrants in the lactulose market is moderate as it requires huge capital investment as well as research and development to gain market presence.

Bargaining power of buyers: The bargaining power of buyers in the lactulose market is high as the market has significant number of buyers and lactulose have substitutes available.

Bargaining power of suppliers: The bargaining power of suppliers in the lactulose market is moderate as there are a limited number of suppliers for lactulose globally.

Threat of new substitutes: The threat of new substitutes in the lactulose market is low as lactulose serves as an important ingredient in medicine and food processing industries.

Competitive rivalry: The competitive rivalry in the lactulose market is high due to presence of numerous regional and global players operating in the market.

Key Takeaways

The global lactulose market is expected to witness high growth over the forecast period.

Regionally, North America is expected to dominate the global lactulose market over the forecast period. Factors such as increasing demand for lactulose in pharmaceuticals and food industries driving market growth in the region.

Key players operating in the lactulose market are Abbot, Morinaga, Solactis, Fresenius Kabi, and Illovo. Abbot held the highest market share in the global lactulose market in 2021. The company offers wide range of lactulose products under various brand names catering to pharmaceutical as well as food industries.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it