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The food intolerance products market revenue was valued at USD 76.93 billion in 2023 and is anticipated to grow to USD 85.92 billion in 2024, reaching USD 230.98 billion by 2032 with a compound annual growth rate (CAGR) of 13.16% during the forecast period. This data is highlighted in Fortune Business Insights™'s report, “Food Intolerance Products Market, 2024-2032.”
With a growing percentage of consumers experiencing food-related allergies, many food and beverage manufacturers are focusing on producing free-from items. Additionally, as individuals become more health-conscious and prioritize quality of life, the demand for healthy food options is rising, further driving interest in food intolerance products. These factors are expected to propel market growth in the coming years.
Information Source: https://www.fortunebusinessinsights.com/food-intolerance-products-market-110038
LIST OF KEY COMPANIES PROFILED IN THE REPORT:
Segmentation:
Rising Global Warming Concerns from Animal Farming Drive Demand for Dairy Alternatives and Lactose-Free Products
The market is segmented by type into dairy alternatives and lactose-free products, bakery items, chocolates and confectionery, meat alternatives, specialized nutrition, snacks and processed foods, and condiments and dressings. In 2023, the dairy alternatives and lactose-free products segment led the market, driven by increasing concerns over global warming associated with animal farming practices.
Growing Veganism Trend Increases Demand for Dairy and Lactose Intolerance Products
Segmented by intolerance type, the market includes dairy and lactose intolerance, sugar intolerance, gluten intolerance, and meat intolerance. The dairy alternatives and lactose intolerance segment held the largest market share in 2023, reflecting the rising adoption of vegan diets, which support consumers with dietary restrictions by reducing dairy intake.
High Availability of Conventional Products Boosts Sales
The market is also segmented by category into organic and conventional products. Conventional products dominated the market in 2023 due to the broad variety of food intolerance options available, giving consumers extensive choices tailored to their preferences.
Supermarkets/Hypermarkets Lead Distribution Channels Due to Extensive Product Selection
In terms of distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, online retail, and others. Supermarkets and hypermarkets led in 2023, offering a wide selection of food intolerance products, which helps customers find items that best meet their dietary needs.
The market spans North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage:
The report provides an in-depth analysis of the market, covering essential areas such as major distribution channels, product types, and key market players. It also examines the latest market trends and significant industry developments. In addition to these areas, the report highlights various other factors that have contributed to the market's growth.
Drivers and Restraints:
Increasing Incidence of Diet-based Diseases to Fuel Market Growth
The number of people diagnosed with ailments resulting from foods that do not align with their dietary needs is rising globally. Conditions such as lactose intolerance, celiac disease, diabetes, and various allergies are becoming increasingly common, driving demand for sugar-free and lactose-free food products. Additionally, many individuals are embracing healthier lifestyles to boost their immune systems and reduce the risk of chronic diseases, which further fuels the consumption of sugar- and lactose-free foods, supporting the growth of the food intolerance products market.
However, the high costs of these specialty foods may discourage middle-class consumers, potentially limiting sales.
Regional Insights:
Asia Pacific Dominated Global Market Due to High Prevalence of Chronic Ailments
Asia Pacific held the largest market share, driven by a significant rise in chronic diseases like diabetes and lactose intolerance, which is expected to increase the demand for products catering to dietary restrictions.
North America ranked as the second-largest region in the global market, fueled by a growing demand for gluten-free products.
Competitive Landscape:
Key Players to Launch New Products to Boost Market Share
Key companies in the market are focusing on launching products tailored to meet specific dietary needs. Many of these manufacturers operate in both gluten-free and non-gluten-free segments, requiring them to maintain separate production lines to prevent ingredient cross-contamination. These initiatives enable companies to better meet customer demands and enhance the consumer experience.
Notable Industry Development:
The food intolerance products market revenue was valued at USD 76.93 billion in 2023 and is anticipated to grow to USD 85.92 billion in 2024, reaching USD 230.98 billion by 2032 with a compound annual growth rate (CAGR) of 13.16% during the forecast period. This data is highlighted in Fortune Business Insights™'s report, “Food Intolerance Products Market, 2024-2032.”
With a growing percentage of consumers experiencing food-related allergies, many food and beverage manufacturers are focusing on producing free-from items. Additionally, as individuals become more health-conscious and prioritize quality of life, the demand for healthy food options is rising, further driving interest in food intolerance products. These factors are expected to propel market growth in the coming years.
Information Source: https://www.fortunebusinessinsights.com/food-intolerance-products-market-110038
LIST OF KEY COMPANIES PROFILED IN THE REPORT:
Segmentation:
Rising Global Warming Concerns from Animal Farming Drive Demand for Dairy Alternatives and Lactose-Free Products
The market is segmented by type into dairy alternatives and lactose-free products, bakery items, chocolates and confectionery, meat alternatives, specialized nutrition, snacks and processed foods, and condiments and dressings. In 2023, the dairy alternatives and lactose-free products segment led the market, driven by increasing concerns over global warming associated with animal farming practices.
Growing Veganism Trend Increases Demand for Dairy and Lactose Intolerance Products
Segmented by intolerance type, the market includes dairy and lactose intolerance, sugar intolerance, gluten intolerance, and meat intolerance. The dairy alternatives and lactose intolerance segment held the largest market share in 2023, reflecting the rising adoption of vegan diets, which support consumers with dietary restrictions by reducing dairy intake.
High Availability of Conventional Products Boosts Sales
The market is also segmented by category into organic and conventional products. Conventional products dominated the market in 2023 due to the broad variety of food intolerance options available, giving consumers extensive choices tailored to their preferences.
Supermarkets/Hypermarkets Lead Distribution Channels Due to Extensive Product Selection
In terms of distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, online retail, and others. Supermarkets and hypermarkets led in 2023, offering a wide selection of food intolerance products, which helps customers find items that best meet their dietary needs.
The market spans North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage:
The report provides an in-depth analysis of the market, covering essential areas such as major distribution channels, product types, and key market players. It also examines the latest market trends and significant industry developments. In addition to these areas, the report highlights various other factors that have contributed to the market's growth.
Drivers and Restraints:
Increasing Incidence of Diet-based Diseases to Fuel Market Growth
The number of people diagnosed with ailments resulting from foods that do not align with their dietary needs is rising globally. Conditions such as lactose intolerance, celiac disease, diabetes, and various allergies are becoming increasingly common, driving demand for sugar-free and lactose-free food products. Additionally, many individuals are embracing healthier lifestyles to boost their immune systems and reduce the risk of chronic diseases, which further fuels the consumption of sugar- and lactose-free foods, supporting the growth of the food intolerance products market.
However, the high costs of these specialty foods may discourage middle-class consumers, potentially limiting sales.
Regional Insights:
Asia Pacific Dominated Global Market Due to High Prevalence of Chronic Ailments
Asia Pacific held the largest market share, driven by a significant rise in chronic diseases like diabetes and lactose intolerance, which is expected to increase the demand for products catering to dietary restrictions.
North America ranked as the second-largest region in the global market, fueled by a growing demand for gluten-free products.
Competitive Landscape:
Key Players to Launch New Products to Boost Market Share
Key companies in the market are focusing on launching products tailored to meet specific dietary needs. Many of these manufacturers operate in both gluten-free and non-gluten-free segments, requiring them to maintain separate production lines to prevent ingredient cross-contamination. These initiatives enable companies to better meet customer demands and enhance the consumer experience.
Notable Industry Development:
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