The Global Food Allergy and Intolerance Products Market is Projected to Reach US$30.9 Billion by 2024

Increase in Food Allergies, Sensitivities and Intolerances and the Trend towards Free-From Foods as Healthy Options Drive Growth in the Food Allergy and Intolerance Products Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Food Allergy and Intolerance Products market. The global Food Allergy and Intolerance Products market is projected to reach US$30.9 billion by 2024, driven by the constant rise in incidence of intolerance to ingredients such as gluten and dairy along with the growing consumer shift towards free-from foods in a bid to adopt a healthy lifestyle.

Food allergy is the unusual reaction of the body’s immune system, caused by the consumption of a specific food product. Food allergies result from sensitivity of the human immune system to various proteins. Food intolerance, on the other hand, is generally triggered by the consumption of foods that include ingredients such as sugars, gluten and lactose. Celiac disease is a food-related disorder, where the immune system in the body attacks itself on exposure to gluten, a protein present in rye, wheat, and barley. Over the past two decades, the number of food allergy cases across the world has risen significantly.

Driven by the steady increase in the number of people affected by food allergies, sensitivities and digestive problems, along with the rapidly rising population of individuals suffering from intolerance to lactose, gluten and sugar, the global market for food allergy and intolerance products continues to post stable growth. Besides the rising demand for lactose-free and gluten-free foods, rising health consciousness among consumers and the widespread and easy availability of free-from foods through various retail outlets are driving market growth. The rise in the number of allergens coupled with the trend of food market globalization, which has extended the reach of allergens, is also fueling demand for such foods. Also driving growth will be the advancements being made in allergies diagnosis, and rising demand for gluten-free and dairy-free diets.

The rising number of individuals suffering from celiac disease, growing awareness about the condition, and increasing diagnosis of the disease due to availability of advanced diagnostic techniques are aiding the growth of gluten-free foods. On the other hand, the demand for lactose-free foods is being propelled by the increasing number of lactose-intolerant people, rapidly changing food trends, consumer shift towards healthy lifestyles, and growing number of people suffering from diabetes. Innovations aimed at improving appeal, taste and texture of free from foods will further fuel growth in the food allergy and intolerance products market. Several companies are launching new and innovative products to cater to the growing requirement for tastier and wider ‘free from’ food options.

As stated by the new market research report on Food Allergy and Intolerance Products, the United States represents the largest regional market, worldwide. Growth will be fostered by the increasing incidences of food allergies and sensitivities in the US. The growing consumer desire for foods with clean labels, the need to avoid allergens, and focus on foods with easy digestion are driving focus onto a wide variety of gluten-free foods. Asia-Pacific is forecast to register the fastest CAGR of 8.2% over the analysis period. The growing number of people affected by gluten intolerance, allergies, and lactose intolerance along with rising health awareness levels of people are fueling demand for a range of free-from foods.

Major players in the market include Alpro UK Ltd., Amy’s Kitchen Inc., Barry Callebaut Group, Daiya Foods Inc., Doves Farm Foods Ltd., Dr. Schär, Ener-G Foods Inc., Enjoy Life Foods, Galaxy Nutritional Foods Inc., General Mills Inc., Gluten Free Foods Ltd., Glutino Food Group, Green Valley Organics, Kellogg Company, Nature’s Path Foods Inc., Pamela’s Products Inc., Semper AB, Sweet William Pty. Ltd., The Hain Celestial Group Inc., and The Kraft Heinz Company, among others.

The research report titled “Food Allergy and Intolerance Products: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Europe (France, Germany, Italy, UK, Spain and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. The market is analyzed by the product segments - Gluten-free Products, Lactose-free Products and Others.

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