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Food Intolerance Products Market is Expected to Reach $13.9 Billion, Globally by 2022




Oct 9, 2018



Food Intolerance Products Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $13.9 billion by 2022, registering a CAGR of 6.9% during the period 2016 – 2022. 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.

 

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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.

 

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However, the high cost of gluten-free products and lack of awareness on food intolerance products restrict the growth of food intolerance products market.

Key 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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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.

 

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., and Kellogg Company.

 

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.

 

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

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