World Food
Intolerance Products Market -Opportunities and Forecasts, 2015-2022, the market
is poised to reach $13.9 billion by 2022 with a CAGR of 6.9% during 2016 and
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.
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. However, the high cost of
gluten-free products and lack of awareness on food intolerance products
restrict the growth of world food intolerance products market.
Lactose-free food
products and gluten-free food products segment held a prominent position with
major revenue share and is projected to continue its dominance during the
forecast period. Lactose-free dairy products and gluten-free bakery products
are the major revenue generating subsegments in respective sectors.
Key findings of the study:
- Gluten-free baby food products are projected to be the fastest growing segment in world 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 world 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.
North America
accounted for more than half of the world 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 world 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.
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