Report Ocean has released a market research report on the Food Intolerance Products industry, covering 150+ countries and analyzing over 1,00000 published and forthcoming reports per year. The report, prepared by subject matter experts, researchers, and market research professionals, utilizes various methodologies and analytical approaches, including S.W.O.T. and P.E.S.T.E.L. analysis and regression analysis, to forecast market growth. It also examines the industry’s regulations and policies and potential future advancements.
The global food intolerance products market size was US$ 12850 million in 2021. The global food intolerance products market size is forecast to reach US$ 21344.0 million by 2030, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2022 to 2030.
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Food intolerance is a gastrointestinal reaction characterized by the inability to digest certain foods. Lactose, sugar, and gluten-containing foods cause this non-allergic sensitivity. People who suffer from this condition usually manage it by eating gluten-free and lactose-free products. Dairy substitutes, such as soymilk, coconut milk, cashew milk, macadamia milk, gluten-free products such as rice flour, potato starch, chickpea flour, and flaxseed oil, are some of the most commonly used food intolerance products. There is no risk of bloating, migraines, sore throats, or irritable bowel syndrome from using these items.
Factors Influencing Market Growth
- Increased prevalence of celiac diseases and lactose intolerance among the general population are the main reasons for the global market expansion.
- Increased health awareness and widespread adoption of vegan, gluten-free, and lactose-free food products propel the global market growth.
- Factors such as the increasing urbanization rate, active promotional activities by product manufacturers, and the gradual introduction of products with aesthetically pleasing packaging are forecast to drive the market.
- There is a substantial shift in dietary trends towards healthier and lower-sugar alternatives as well as a growth in the number of diabetic patients worldwide, which will present companies with lucrative opportunities in the global market.
Impact Analysis of COVID-19
The COVID-19 outbreak affected these populations in two ways. Some offline food chains, like restaurants and cafes, have shut down in some areas, while internet meal delivery services are available. Also, the packaged food and beverage industries witnessed an increase in demand for shelf-stable goods and beverages, particularly milk products, as customers rushed to stock their pantries. COVID-19 has impacted the food and beverage industry in nearly every region.
Regional Insights
In 2021, North America had the largest market share. The increasing number of food allergies and lactose intolerance among consumers is causing consumers to switch to gluten-free, dairy-free, and sugar-free products. Gluten-free and lactose-free food, including ready meals, is gaining traction due to the significant number of people suffering from intolerances, thus requiring foods that will suit their special dietary requirements.
During the forecast period, the Asia Pacific region offers lucrative growth prospects. Fast-food chains and people’s preference for high sugar foods have contributed to the decline of diabetes cases. With rapid urbanization in the Asia-Pacific region, the people of various countries do not engage in physical activity and consume unhealthy foods.
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Leading Competitors
The leading prominent companies profiled in the global food intolerance products market are:
- Nestle S.A.
- General Mills, Incorporated
- Abbott Laboratories
- Kraft Heinz Company
- Dr. Schär AG / SPA
- Mead Johnson Nutrition Company
- Danone S.A.
- Fifty 50 Foods Corporation
- Boulder Brands, Incorporated
- Kellogg Company
- Other Prominent Players
Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Scope of the Report
The global food intolerance products market segmentation focuses on Product Type, Distribution Channel, and Region.
Segmentation based on Product Type
- Diabetic Food
- Diabetic Bakery Products
- Diabetic Confectionery
- Diabetic Spreads
- Gluten-free Food
- Bakery Products
- Baby Food
- Pasta
- Ready meals
- Lactose-free Food
- Dairy Products
- Ice Cream
- Baby Food
- Other Special Milk Formula
Segmentation based on Distribution Channel
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Channels
- Others
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Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
What our reviews offer:
- Market share assessments for the regional and country-level segments
- Strategic hints for the new entrants
- Covers market facts for 2023, until 2031
- Market tendencies (drivers, opportunities, threats, challenges, funding opportunities, and recommendations)
- Strategic pointers in key enterprise segments based totally on the market estimations
- Competitive landscaping mapping the key frequent trends
- Company profiling with specified strategies, financials, and current developments
- Supply chain tendencies mapping the modern day technological advancements
Food Intolerance Products Market Research Report Scenario includes:
>The report provides qualitative and quantitative trends of global Food Intolerance Products Market across type, type of products, service, and geography.
>The report starts with the key takeaways, highlighting the key trends and outlook of the global Food Intolerance Products Market.
>Provides the research methodology of the study.
>Further provides PEST analysis for each region.
>Highlights the key industry dynamics in the Food Intolerance Products Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
>Discusses the global Food Intolerance Products Market scenario, in terms of historical market revenues, and forecast till the year 2031.
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