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Allergen Free Food Products Market Global Industry Survey, Size, Value Share, Future Trends, Upcoming Development, Future Investments, Forecast To 2023


Allergen Free Food P

iCrowdNewswire   Jan 7, 2021  10:19 AM ET

Market Scenario

Allergen Free Food Products have moved from specialty item to mainstream in a very short span of time. Furthermore, increasing incidence of Celiac diseases (gluten-sensitive enteropathy) is driving the growth of gluten-free food products which in turn boosts the growth of allergen free food products market. Moreover, lactose intolerance is observed among every third individual, usually in the developed countries which is boosting the growth of lactose-free food products further.

Rising cases of allergies and sensitivity towards certain food ingredients is driving the growth of the Allergen Free Food Products Market at a global level. Many individuals are allergic to gluten, lactose or unable to consume high calorie products due to diabetes which has influenced the food manufacturers to produce allergen free food products. These products have become a necessity rather than option among a large group of population which is coupled with the inclination of consumers towards allergen free products owing to their health benefits.

Key Players

Some of the key players profiled in the global allergen free food products market are Abbott Laboratories (U.S.), Nestle (Switzerland), Danone SA (France), General Mills (U.S.), Kellogg Co. (U.S.), Kraft Heinz Company (U.S.), Mead Johnson Nutrition Company (U.S.), Boulder Brands, Inc. (U.S.)

Segmentation

On the basis of type, allergen free food products is segmented into gluten-free, lactose-free, diabetes food, and others. Among all, lactose-free segment is dominating the market followed by gluten-free segment. However, increasing cases of diabetes among the population is driving the growth of diabetes food products market over the forecast period.

Based on the packaging material, allergen free food products market is segmented into glass, plastic, metal, paper, and others. Among all, paper and plastic segment are witnessed to be the fastest growing segments.

Based on distribution channel, allergen free food products market is segmented into store based and non-store-based distribution channel. Among them, store-based distribution channel is dominating the market. Availability of a wide range of products followed by convenience of finding all products under one roof is driving the growth of this segment.

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Regional Analysis

The global allergen free food products market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Growing cases of diabetes and lactose intolerance among the U.S. population is majorly driving the growth of allergen free food products market in this region. In Europe, Germany, France and Belgium are the major contributors of allergen free food products market.

Asia Pacific is projected to grow at a substantial rate over the forecast period. Increasing awareness among the population in the developing countries is driving the growth of the market in this region. Moreover, continuous innovation by the key players is likely to boost the market in the rest of the world.

North America is dominating allergen free food products market and is expected to have a substantial growth over the forecast period 2017-2023. The U.S. is a major contributor to the growth of the allergen free food products market. According to the American Diabetes Association, 9.4% of the U.S. population are diabetic patient which is boosting the growth of allergen free food products market in this region. Moreover, the U.S. holds about 25% of the global lactose intolerants which makes it a major market for lactose free products. Growing health conscious population is another factor supporting the growth of allergen free food products in this region. All these factors will lead to the growth of North America market at a CAGR of 9.3% during the forecast period 2017-2023.

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Keywords:    Allergen Free Food Products Market, Allergen Free Food Products Market Size, Allergen Free Food Products Market Share, Allergen Free Food Products Market Trends, Allergen Free Food Products, Allergen Free Food Products Industry, Allergen Free Food Products Market Growth

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