Press release
Food Intolerance Products Market Current Scenario and Growth Prospects to 2023-2028
Food Intolerance Products Market Report 2023
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 is a 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.
Dr. Schar AG/SPA
Fifty-50 Foods Inc.
General Mills Inc.
Kellogg Company
Nestle S.A.
The Hain Celestial Group Inc.
The Kraft Heinz Company.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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