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At More Than 7% CAGR, Food Intolerance Products Market Size Is Expected To Have A Booming Growth By 2032 || Nestle S.A, General Mills, Inc., Kraft Heinz Company, Dr. Schär AG / SPA, Danone S.A
Food Intolerance Products Market
As per the food intolerance products market report by The Business Research Company, the rising popularity of the vegan diet is driving the growth of the food intolerance products market. A vegan diet involves only plant-based foods including fruits, vegetables, soy, legumes, nuts, and nut butter, plant-based dairy alternatives, sprouted or fermented plant foods, and whole grains. A vegan diet helps to improve digestion and health and does not cause intolerance in the body as it includes essential nutrients in the diet. As the popularity of the vegan diet grows, it will drive the market for food intolerance products. For instance, according to a British market research company YouGov survey on 1,00 adults, 65% of Indians plan to eat more plant-based/vegan foods in the new year. In addition, according to The Guardian, a news company data, there had been a 40% increase in vegans in 2020, the total is around 1.5 million in the same year.
The global food intolerance products market size grew from $16.4 billion in 2022 to $17.71 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The food intolerance products market size is expected to grow to $23.69 billion in 2027 at a CAGR of 7.5%.
Read More On The Food Intolerance Products Market Report Here:
https://www.thebusinessresearchcompany.com/report/food-intolerance-products-global-market-report
Major competitors in the food intolerance products market include Nestle S.A, General Mills, Inc., Kraft Heinz Company, Dr. Schär AG / SPA, Mead Johnson Nutrition Company, Danone S.A, Fifty 50 Foods Corporation, Boulder Brands, Inc., Kellogg Company, Conagra Brands Inc.
The food intolerance products market is segmented -
• By Product Type: Diabetic Food, Gluten-free Food, Lactose-free Food
• By Type: Bakery Products, Confectionery Products, Dairy and Dairy Alternatives, Meat and food intolerance products Products, Other Types
• By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Online Channels, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the food intolerance products market.
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The food intolerance products market consists of sales of wine, dried fruits, fresh shrimp, jams and jellies. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Food Intolerance Products Market Include:
1. Executive Summary
2. Food Intolerance Products Market Characteristics
3. Food Intolerance Products Market Trends And Strategies
4. Food Intolerance Products Market - Macro Economic Scenario
5. Food Intolerance Products Market Size And Growth
6. Food Intolerance Products Market Segmentation
...........
27. Food Intolerance Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Food Intolerance Products Market
29. Food Intolerance Products Market Future Outlook And Potential Analysis
30. Appendix
The "Global Food Intolerance Products Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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