The food intolerance products market size was valued at USD 76.93 billion in 2023 and is expected to be worth USD 85.92 billion in 2024. The market is projected to reach USD 230.98 billion by 2032, recording a CAGR of 13.16% during the forecast period. Fortune Business Insights™ displays this information in a report titled, "Food Intolerance Products Market, 2024-2032."
Many manufacturers in the food & beverage industry are increasing their focus on making free-from food items as the percentage of customers suffering from various food-related allergies is growing at a notable pace. Moreover, individuals are becoming more health-conscious to improve their quality of life, prompting them to purchase healthy food items. This factor is also expected to boost the demand for food intolerance products.
Information Source: https://www.fortunebusinessinsights.com/food-intolerance-products-market-110038
Segmentation:
Rising Threat of Global Warming from Animal Farming Boosted Demand for Dairy Alternatives and Lactose-Free Products
Based on type, the market is segmented into dairy alternatives and lactose-free products, bakery products, chocolates and confectionary, meat alternatives, specialized nutrition, snacks and processed food, and condiments and dressings. The dairy alternatives and lactose-free products segment dominated the market in 2023 owing to the increasing threat of global warming due to rise in animal husbandry activities.
Growing Veganism Trend Fueled Demand for Dairy and Lactose Intolerance Products
Based on intolerance type, the market is segmented into dairy and lactose intolerance, sugar intolerance, gluten intolerance, and meat intolerance. The dairy alternatives and lactose intolerance segment held the largest food intolerance products market share in 2023 due to the growing adoption of a vegan diet, which has helped consumers with dietary restrictions avoid consuming dairy products.
Wide Availability of Conventional Products Accelerated Their Sales
Based on category, the market is segmented into organic and conventional. The conventional segment held the biggest market share in 2023 as food intolerance products come in several varieties, helping customers choose from a wide range of items according to their requirements.
Supermarkets/Hypermarkets Become Popular Distribution Channels Due to Wider Product Range
Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retail, and others. The supermarkets/hypermarkets segment dominated the market in 2023 as these stores have a wider variety of food intolerance products that can help customers choose the right product to suit their dietary needs.
With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage:
The report has conducted a detailed study of the market and highlighted several critical areas, such as leading distribution channels, types, and top market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.
Drivers and Restraints:
Increasing Incidence of Diet-based Diseases to Fuel Market Growth
The number of people being diagnosed with ailments caused by eating foods that do not suit their dietary requirements is growing at a strong rate across the world. Lactose intolerance, celiac disease, diabetes, and other allergies are becoming prevalent across the world, which has boosted the demand for sugar and lactose-free food products. Moreover, individuals are adopting a healthier lifestyle to enhance their immunity system and avoid contracting chronic diseases. This factor will also fuel the consumption of sugar- and lactose-free foods, further boosting the food intolerance products market growth.