Food Intolerance Products Market Overview
Global Food Intolerance Products Market is expected to garner $13.9 billion by 2022, registering a CAGR of 6.9% during the forecast period 2016 - 2022. Food intolerance is an adverse food-induced reaction that does not involve the immune system. Lactose, sugars and gluten are few common ingredients causing food intolerance worldwide. The onset of symptom is usually slower and may be delayed by many hours after eating the offending food. Intolerance to several foods or a group of foods is common, and it is difficult to diagnose whether food intolerance is due to chronic illness, or particular food ingredient. Gluten-free, lactose-free, diabetic food are recommended for overcoming food intolerance from food ingredients gluten, lactose and sugar respectively. Gluten-free food is primarily consumed by celiac patients as they are incapable of digesting the gluten present in wheat, barley and other similar grains. Lactose-free food items are preferred by lactose intolerant individuals as they lack an enzyme which is required to digest milk-sugar.
The market for food intolerance products has grown considerably over the past decade mainly due to the increasing cases of celiac disease, crohns disease, and awareness among health conscious consumers. According to Coeliac UK, celiac disease affects at least 1 in 100 people in the U.K. and in Europe; however, only about 24% of people are diagnosed. Conversely, the premium pricing of gluten-free products and low food intolerance awareness are restricting the food intolerance products market from progressing.
The food intolerance products market is segmented on the basis of type, and geography. On the basis of type, the market is segmented into diabetic food, gluten-free food, lactose-free food, and other special milk formula. These are further classified such as diabetic food into diabetic bakery products, diabetic confectionery, and diabetic spreads; gluten-free food into gluten-free bakery products, gluten-free baby food, gluten-free pasta, and gluten-free ready meals; lactose-free foods into lactose-free dairy products, lactose-free ice cream, and lactose-free baby food. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. This report also includes country level analysis for the period of 2015-2022.
The world food intolerance products market is moderately fragmented where product launch has become a widely adopted strategy among market players in order to gain competitive edge. In February 2016, Abbott Laboratories launched Curate snack bars, a new brand of gluten-free bars made with non-bioengineered ingredients. The key players in world food intolerance products market are Nestle S.A., General Mills, Inc., Abbott Laboratories, Kraft Heinz Company, Dr. Schr AG / SPA, Mead Johnson Nutrition Company, Danone S.A., Fifty 50 Foods Corporation, Boulder Brands, Inc., and Kellogg Company.
KEY BENEFITS OF FOOD INTOLERANCE PRODUCTS MARKET FOR STAKEHOLDERS:
- The report provides a quantitative analysis of the current market and estimations for the period of 20152022 to enable stakeholders to capitalize on the prevailing market opportunities.
- Comprehensive analysis of the market segments provides a clear view and potential to the stakeholders.
- Current and future trends provide to determine the overall outlook and individual trends for better understanding of the market.
- The report provides information regarding key drivers, restraints and opportunities for North America, Europe, Asia-Pacific, and LAMEA regions.
- SWOT analysis highlights the internal and external environment of key market players for effective strategy formation.
FOOD INTOLERANCE PRODUCTS MARKET KEY SEGMENTS:
- Diabetic Food
- Diabetic Bakery Products
- Diabetic Confectionery
- Diabetic Spreads
- Gluten-free Food
- Gluten-Free Bakery Products
- Gluten-Free Baby Food
- Gluten-Free Pasta
- Gluten-Free Ready meals
- Lactose-free Food
- Lactose-Free Dairy Products
- Lactose-Free Ice Cream
- Lactose-free Baby Food
- Other Special Milk Formula
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South Africa
- Saudi Arabia
- Rest of LAMEA