Title: Food Intolerance Products Market By Type (Diabetic Food, Gluten-free Food, Lactose-free Food) & Region
1Food Intolerance Products Market
Opportunities and Forecasts, 2015 2022
2Introduction To Food Intolerance Products Market
Global Food Intolerance Products Market is poised
to reach 13.9 billion by 2022 with a CAGR of
6.9 during 2016 and 2022, according to a new
report published by Allied Market Research. The
increase in count of celiac patients and health
conscious consumers propels the growth of food
intolerance products market. Lactose-free and
diabetic food products segment accounted for over
half of the global food intolerance market in
2015. Major market drivers include, the rise in
prevalence of food intolerance accompanied by
increasing popularity of specialty well-being
food products, resulting in constant sales growth
for food intolerance products. Majority consumers
choose food intolerance products over their
alternatives to avoid consumption of food
ingredients that are perceived to have negative
impacts on the health even without being
diagnosed with intolerance. With growing celiac
and crohns diseases and consumer health
consciousness, the demand for food intolerance
products has grown considerably. This rising
trend in gluten-free products is majorly fuelled
by celiac diagnosed patients, improved government
(labelling) regulations, and innovative new
product launches. However, the high cost of
gluten-free products and lack of awareness on
food intolerance products restrict the growth of
food intolerance products market. Know more
about Food Intolerance Products Market at
https//www.alliedmarketresearch.com/food-intolera
nce-products-market
3Key Findings of Food Intolerance Products Market
- Gluten-free baby food products are projected to
be the fastest growing segment in global
gluten-free food products market registering a
CAGR of 8.8 during the forecast period. - Lactose-free dairy products held around
two-thirds market share in the global
lactose-free food market in 2015. - North America is projected to occupy the highest
market share with a CAGR of 5.3 during analysis
period. - The U.S. would continue to lead the North America
food intolerance products market with a CAGR of
5.1 during the forecast period. - Germany held largest market shares in the
European region in 2015, whereas Poland intends
to grow in the future with the highest CAGR of
9.6 during the forecast period.
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5Food Intolerance Products Market Dynamics
6Food Intolerance Products Market Key Segments
7Food Intolerance Products Market By Type
8Food Intolerance Products Market By Geography
North America accounted for more than half of the
food intolerance products market in 2015 and is
expected to maintain this lead position
throughout the forecast period. This was due to
increased diagnosed individuals of celiac disease
and the rising diabetic patients, owing to which
consumers have increased the consumption of
gluten-free and diabetic food products, thereby
increasing the demand for the food intolerance.
However, Europe is projected to be the fastest
growing segment during the forecast period, due
to increasing awareness regarding food
intolerance and improves government regulation
with regards to food labelling.
North America, Europe, Asia Pacific, LAMEA
9Key Players
- The key players profiled in the global food
intolerance products market include, -
- 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.
- Kellogg Company.
10Lactose-free food products and gluten-free food
products segment held a prominent position with
major revenue share and is projected to continue
its dominance during the forecast period.
Lactose-free dairy products and gluten-free
bakery products are the major revenue generating
sub segments in respective sectors. Bhumika
Tandon
11Thank You! For More Details
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