According to the latest report by IMARC Group, titled “Food Intolerance Products Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027,” The global food intolerance products market size reached US$ 10.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.7 Billion by 2027, exhibiting a growth rate (CAGR) of 4.2% during 2022-2027.
Food intolerance products are manufactured for individuals with the inability to digest products that contain dairy, sugar, or gluten. These productscomprise ingredients like soy, coconut, macadamia, chickpea, potato, soy flour, cashew, and rice. They are free from allergens and help prevent bloating, irritable bowel syndrome (IBS), sore throat, migraine, and other health problems.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Food Intolerance Products Market Trends:
The increasing prevalence of celiac disease and lactose intolerance among the masses represents one of the key factors bolstering the growth of the market. In addition, the rising health consciousness is driving the adoption of food intolerance products to manage cholesterol and digestion. In line with this, manufacturers are emphasizing on producing nutrient-rich variants to meet the nutritional requirements of individuals. This, along with the easy product availability through online retail portals and increasing investments in aggressive promotional campaigns and influencer marketing by key players, is expected to positively influence the market.
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Global Food Intolerance Products Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Abbott Nutrition, Amy’s Kitchen Inc., Boulder Brands Inc. (Pinnacle Foods Inc.), Conagra Brands Inc., Danone S.A., Dr. Schar AG/SPA, Fifty-50 Foods Inc., General Mills Inc., Kellogg Company, Nestle S.A., The Hain Celestial Group Inc. and The Kraft Heinz Company.
The report has segmented the market on the basis on region, type, product type and distribution channel.
Breakup by Type:
Bakery Products
Confectionery Products
Dairy and Dairy Alternatives
Meat and Seafood Products
Others
Breakup by Product Type:
Diabetes-Free Food
Gluten-Free Food
Lactose-Free Food
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others
Breakup by Region:
North America: United States, Canada
Asia Pacific:China, Japan, India, South Korea, Australia, Indonesia, Others
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Others
Latin America: Brazil, Mexico, Other
Middle East and Africa:
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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