Allergen free food products market Size, Growth And Industry Forecast-2023

09/mag/2019 07:53:12 Tejas Amale Contatta l'autore

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Go through the market data and information presented in more than 60 market data tables and figures in 100 pages of the project report. Go through the in-depth table of content (TOC) & market synopsis on the “ Allergen Free Food Products Market information from 2017 to 2023

The North America Free Food Products Market is projected to grow at CAGR of over 9.3% during the forecast period 2017-2023

Rising cases of allergies and sensitivity towards certain food ingredients is driving the growth of the allergen free food products 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.

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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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This report includes a series of strategies such as mergers, acquisitions, and product launches by the major allergen free food products players. It includes product portfolios, developments of leading players, which includes

  • Abbott Laboratories (US)
  • Nestle (Switzerland)
  • Danone SA (France)
  • General Mills (US)
  • Kellogg Co. (US)
  • Kraft Heinz Company (US)
  • Mead Johnson Nutrition Company (US)
  • Boulder Brands, Inc. (US)

segments:

The Global Allergen Free Food Products is segmented on the basis of Type, Packaging Material, Distribution Channel, and Region.

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 can lead to the growth of diabetes food products market over the forecast period.

Based on the Packaging Material, allergen free food products is marketed in glass, plastic, metal, paper, and others. Among all, paper and plastic segment

On the basis of Distribution Channel, allergen free food products market is segmented into store based and non-store based distribution channels. Among them, store based distribution channel is dominating the market. Availability of a wide range of products.

Regional Analysis:

The Global Allergen Free Food Products is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Growing Diabetes and Lactose Intolerance in the US. 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 of the population in the region 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.

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