Market Research Report
Food Intolerance Products Market Market by Product Type, by Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2022-2031
|Food Intolerance Products Market Market by Product Type, by Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2022-2031|
Published: February 9, 2022
Allied Market Research
Content info: 130 Pages
Delivery time: 2-3 business days
The global food intolerance products market was valued at $12,145.6 Million in 2020, and is projected to reach $22,654.4 Million by 2031, registering a CAGR of 5.9% from 2022 to 2031.Food intolerance is a negative reaction to food that does not involve the immune system. The development of symptoms is usually slower and may occur many hours after eating the meal that causes intolerance. It is not uncommon to be intolerant to many foods or a group of foods. It is difficult to determine whether food intolerance is the cause of chronic sickness and, if so, which foods or chemicals are to blame. This food category contains gluten-free, lactose-free, diabetic food, and other foods that are advised for overcoming food sensitivity. Gluten-free foods are largely consumed by celiac sufferers, who are unable to digest the gluten found in wheat, barley, and other related grains. Lactose-free foods are preferred by lactose-intolerant people as they lack an enzyme required to breakdown milk sugar.
The market for food intolerance has developed significantly over the last decade, owing mostly to an increase in celiac disease and Crohn's disease cases, as well as increased awareness among health-conscious customers. According to Coeliac UK, celiac disease affects at least one in every hundred persons in the UK and Europe; however, only approximately a quarter of those affected are diagnosed. In contrast, the high cost of gluten-free products and a lack of food intolerance knowledge are stifling the market's growth. Furthermore, key market participants are active in product development in order to introduce superior taste and nutritional gluten-free food products.
The global food intolerance market is moderately fragmented, with significant food and beverage businesses accounting for the majority of market share. Product launch was a popular tactic used by market leaders to acquire a competitive advantage. Abbott Laboratories introduced Curate snack bars in February 2016, a new brand of gluten-free bars produced with non-bioengineered ingredients.
The food intolerance market is segmented on the basis of type, distribution channel, 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. On the basis of distribution channel, the market is segmented into hypermarkets/supermarkets, convenience stores, online channels, and others. By region, the market is categorized into North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in this study include