A scalar held theory in four space-time dimensions is proposed, which
embodies a scalar condensate, but is free of the conceptual problems o
f standard phi(4)-theory. We propose an N-component, O(N)-symmetric sc
alar field theory, which is originally defined on the lattice. The sca
lar lattice model is analytically solved in the large-N limit. The con
tinuum limit is approached via an asymptotically free scaling. The ren
ormalized theory evades triviality, and furthermore gives rise to a dy
namically formed mass of the scalar particle. The model might serve as
an alternative to the Higgs sector of the standard model, where the q
uantum level of the standard phi(4)-theory contradicts phenomenology d
ue to triviality.