IMARC Group, a leading market research company, has recently releases report titled “Food Intolerance Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global food intolerance products market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the food intolerance products market?
The global food intolerance products market size reached US$ 11.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.
What are food intolerance products?
Food intolerance refers to a gastrointestinal reaction that causes difficulty in digestion upon consuming food products, such as milk, cheese, yogurt, chocolate, gluten, eggs, strawberries, citrus fruits, caffeine, alcohol, food additives, and monosodium glutamate (MSG). It can be prevented by consuming food intolerance products that are free from lactose, histamine, and gluten, such as rice milk, coconut milk, soy yogurt, legumes, chia seeds, cashews, flax seeds, coconut yogurt, juice, almond milk yogurt, and avocados. Food intolerance product prevents several health problems, such as diarrhea, bloating, constipation, fatigue, joint pain, rashes, headache, tummy pain, and irritable bowel syndrome (IBS).
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What are the growth prospects and trends in the food intolerance products industry?
At present, the increasing prevalence of celiac disease and lactose intolerance among the masses represents one of the primary factors contributing to the market growth. Apart from this, technological advancements for testing food intolerance among individuals, such as the hydrogen breath test for lactose intolerance, are propelling the growth of the market. Moreover, the increasing health consciousness among individuals, along with the rapid adoption of gluten-free, vegan, and lactose-free products, is bolstering the growth of the market. Furthermore, key players operating are introducing new snack bars that are made from organic ingredients, which is strengthening the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
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 (U.S. Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Abbott Nutrition
- Amy’s Kitchen Inc.
- Boulder Brands Inc. (Pinnacle Foods Inc.)
- Conagra Brands Inc.
- Danone S.A.
- Schar AG/SPA
- Fifty-50 Foods Inc.
- General Mills Inc.
- Kellogg Company
- Nestle S.A.
- The Hain Celestial Group Inc.
- The Kraft Heinz Company.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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