IMARC Group’s report titled “Food Intolerance Products Market Report by Type (Bakery Products, Confectionery Products, Dairy and Dairy Alternatives, Meat and Seafood Products, and Others), Product Type (Diabetes-Free Food, Gluten-Free Food, Lactose-Free Food, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), and Region 2024-2032”. The global food intolerance products market size reached US$ 11.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/food-intolerance-products-market/requestsample
Factors Affecting the Growth of the Food Intolerance Products Industry:
As awareness about food intolerances is rising, more individuals are being diagnosed with conditions, such as lactose intolerance, gluten intolerance, and various allergies. This increasing diagnosis is resulting in a larger pool of people actively seeking products that cater to their dietary restrictions. Moreover, the prevalence of food intolerances is not limited to a specific demographic, it affects people of all ages, genders, and backgrounds. This broad consumer base is creating opportunities for food manufacturers to develop and market products tailored as per different dietary needs.
Food technologists rely on advancements in ingredient substitution and formulation to create products that mimic the taste, texture, and functionality of traditional food products while eliminating allergens or intolerant ingredients. They also use alternative flours like almond flour or coconut flour to create gluten-free baked goods, or they develop plant-based dairy alternatives using ingredients like soy, almond, or oats for individuals with lactose intolerance. In addition, advanced manufacturing technologies allow manufacturers to produce food intolerance products at scale without compromising quality or safety.
Lifestyle trends, such as veganism, vegetarianism, paleo, keto, and Whole30 diets, often involve avoiding certain food groups or ingredients. Many individuals following these diets may also have specific food intolerances or sensitivities, driving the demand for food intolerance products that align with their dietary restrictions. There is a growing awareness among the masses about the link between diet, health, and overall well-being. As consumers are becoming more health-conscious, they are actively seeking products that support their dietary preferences and address potential health concerns, including food intolerances.
Leading Companies Operating in the Food Intolerance Products Industry: