Global Food Allergy and Intolerance Products market research report 2021 – ResearchAndMarkets.com | Company

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DUBLIN – (BUSINESS WIRE) – August 6, 2021–

the “Products against food allergies and intolerances – Trajectory and analysis of the world market” report was added to ResearchAndMarkets.comoffer.

Global food allergy and intolerance market to reach $ 32 billion by 2027

Amid the COVID-19 crisis, the global market for food allergy and intolerance products, estimated at US $ 22.4 billion in 2020, is expected to reach a revised size of US $ 32 billion by 2027, with 5.2% CAGR over analysis. period 2020-2027.

Lactose-free, one of the segments analyzed in the report, is expected to register a CAGR of 4.6% and reach $ 15.1 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and its induced economic crisis, the growth of the gluten-free segment is readjusted to a revised CAGR of 5.5% for the next 7-year period.

The US market is estimated at $ 6.6 billion, while China is expected to grow at 4.9% CAGR

The market for food allergy and intolerance products in the United States is estimated at US $ 6.6 billion in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 5.7 billion d ‘by 2027, behind a CAGR of 4.9% over the analysis period 2020 to 2027.

Other notable geographic markets include Japan and Canada, each expected to grow by 4.9% and 4.2% respectively over the period 2020-2027. In Europe, Germany is expected to grow by around 4.4% CAGR.

Other Product Segments Segment to Record 6.2% CAGR

In the global segment of other product segments, the United States, Canada, Japan, China and Europe will lead the estimated 6.2% CAGR for this segment. These regional markets representing a combined market size of US $ 5 billion in 2020 will reach a projected size of US $ 7.6 billion by the end of the analysis period.

China will remain among the fastest growing countries in this group of regional markets. Led by countries like Australia, India and South Korea, the Asia-Pacific market is expected to reach $ 3.7 billion by 2027.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market
  • Global market trajectories
  • Products for food allergies and intolerances – Indispensable for people with food allergies, sensitivities and intolerances
  • Prevalence of Food Allergies – A Statistical Overview
  • Recent market activity
  • Food allergies and intolerance products positioned for strong growth
  • “Free From Foods” – A transformative trend in the food industry
  • Competitive landscape
  • Competition in the market for gluten-free products
  • Impact of Covid-19 and an impending global recession

2. FOCUS ON CERTAIN PLAYERS

  • Alpro UK Ltd. (UK)
  • Amy’s Kitchen, Inc. (US)
  • Barry Callebaut Group (Switzerland)
  • Daiya Foods, Inc. (Canada)
  • Doves Farm Foods Ltd. (UK)
  • Dr Schar (Italy)
  • Dr Schar UK Ltd (United Kingdom)
  • Ener-G Foods, Inc. (United States)
  • Enjoy Life Foods (United States)
  • Galaxy Nutritional Foods, Inc. (US)
  • General Mills, Inc. (United States)
  • Gluten Free Foods Ltd. (UK)
  • Glutino Food Group (Canada)
  • Green Valley Organics (United States)
  • Kellogg Company (United States)
  • Nature’s Path Foods, Inc. (United States)
  • Pamela’s Products, Inc. (United States)
  • Semper AB (Sweden)
  • Sweet William Pty., Ltd. (Australia)
  • The Hain Celestial Group, Inc. (US)
  • Kraft Heinz Company (United States)

3. MARKET TRENDS AND FACTORS

  • Lactose Free Products: Increased Incidence of Lactose Intolerance and Sensitivity Fuels Growth
  • Lactose-free dairy products occupy a significant share of the lactose-free market
  • Gluten-free products market: meeting the needs of people sensitive to gluten
  • Developed regions lead, developing economies will spearhead future growth
  • Rising Celiac Disease Incidence Creates Opportunities For Gluten-Free Products
  • Health-conscious consumers – Main drivers of demand for gluten-free products
  • Growing demand for gluten-free foods among millennials
  • Gluten-free trend is gaining prominence in the baked goods market
  • Gluten-Free Beverage Market – Health Benefits Stimulate Growth
  • Gluten-free snacks: growing popularity
  • Taste remains the key to success
  • Grocery Stores – The Most Common Distribution Channel for Gluten Free Products
  • Allergen Free Snacks – A Dynamic Category
  • Egg-Free Products – A Niche Segment with Promising Growth Potential
  • Celebrity mentions increase popularity levels
  • Product labeling – Crucial for allergy and food intolerance products
  • Greater product availability encourages market growth
  • Retail scenario
  • Favorable demographic and economic trends signal market growth opportunities
  • World population hot air balloon
  • Growing middle class population
  • Expanding urban population
  • Increase in disposable income
  • Regulatory environment

4. WORLD MARKET PERSPECTIVE

IV. COMPETETION

  • Total number of profiled companies: 153

For more information on this report, visit https://www.researchandmarkets.com/r/sqg0jq

View source version on businesswire.com:https://www.businesswire.com/news/home/20210806005405/en/

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KEYWORD: UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FOOD / BEVERAGE HEALTH RETAIL FITNESS AND NUTRITION SPECIALTY

SOURCE: Research and markets

Copyright Business Wire 2021.

PUB: 06.08.2021 11:22 / DISC: 06.08.2021 11:22

http://www.businesswire.com/news/home/20210806005405/en

Copyright Business Wire 2021.

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