Asia-Pacific Food Intolerance Product Market Research Analysis:
Asia-Pacific Food Intolerance Product Market was estimated at USD xx.x million in 2019 and is anticipated to reach over USD xx.xx million by the end of the assessment period with a considerable CAGR throughout the outlook period (2022 - 2027).
Food intolerance is a situation that involves delayed reaction to a food additive that affects one or more body organs and systems but often refers to reactions other than Food Allergy. Gluten-free and lactose-free diabetic foods are recommended to overcome food intolerance due to cases related to their higher consumption. Celiac patients consume mostly gluten-free foods because they cannot digest the gluten found in barley, wheat, and other similar grains. Lactose intolerant people prefer lactose-free foods because they lack the enzyme necessary for the digestion of milk sugar.
Market Drivers and Restraints:
The demand for gluten-free foods is increasing worldwide, due to increased gluten allergies and celiac disease, a disorder that causes inflammation of the small intestine and high gluten intolerance. The global prevalence of celiac disease as reported in the clinical practice journal of the American Association of Gastroenterology was 1.4% with celiac prevalence values of 0.4% in South America, 0.6% in Africa and North America, 0.5% in Asia and 0.79% in Europe. Significant and notable developments in ingredient formulations should also give new impetus to gluten-free labeling claims. Furthermore, the additional health claims associated with gluten-free products, such as cholesterol control and digestion control, have generated increased consumer interest, which has ultimately resulted in increased sales.
Asia-pacific Food Intolerance Product Market can be segmented by Type and region.
Depending on the Type:
These are further classified as diabetic food in diabetic confectionery and diabetic bakery products and diabetic spread; gluten-free foods in gluten-free prepared foods, gluten-free pastries, gluten-free baby foods, gluten-free baked goods, and lactose-free foods in lactose-free baby food, lactose-free ice creams, and lactose-free dairy products.
Impact of COVID-19 on Asia-pacific Food Intolerance Product Market
The Covid-19 pandemic had a great impact on economies of several nations around the world, impacting all the end-user verticals. The food & beverage sector is among the most infected areas with this pandemic and the same effect is visible on associated industries like food intolerance products. Although the revenue in the business has seen a decline during the lockdown period, the market is anticipated to expand once the situation is normal due to the increasing cases of gluten-free and celiac disease across the globe. The developed nations are increasingly offering related products, acting as a growth promoter for this industry.
The Asia-Pacific Food Intolerance Product market has been divided into the nations of China, Taiwan, South Korea, India, Japan, Australia, and New Zealand, and the rest of the Asia-Pacific. The Asia-Pacific is supposed to experience exponential growth over the outlook period. The number of people suffering from food intolerance has increased considerably in recent years. Food intolerances are now extremely common and appear to be on the rise. In fact, it is estimated that up to 20% of the world population can suffer from food intolerance. This will quickly boost the global market for food intolerance products. Food intolerances make the food difficult to diagnose due to its wide range of symptoms.
Nestle S.A. had the largest portion of the Asia-Pacific Food Intolerance Product Market in terms of sales and revenue in 2019.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Food Intolerance Product Market, By Product Type
6.1.1 Bakery Products
6.1.2 Confectionery Products
6.1.3 Dairy and Dairy Alternatives
6.1.4 Meat and Seafood
6.1.5 Sauces, Condiments and Dressings
6.1.6 Market Size Estimations & Forecasts (2019-2024)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Food Intolerance Product Market, By Labelling
6.2.1 Gluten-Free Food
6.2.2 Lactose-Free Food
6.2.3 Market Size Estimations & Forecasts (2019-2024)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 Asia Pacific
7.2.1 By Country
184.108.40.206 South Korea
220.127.116.11 South East Asia
18.104.22.168 Australia & NZ
22.214.171.124 Rest of Asia-Pacific
7.2.2 By Product Type
7.2.3 By Labelling
8. Key Player Analysis
8.1 Conagra Brands Inc.
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 General Mills Inc
8.3 Danone SA
8.4 Hain Celestial
8.5 Amy's Kitchen Inc
8.6 Nestle S.A
8.7 Abbott Laboratories
8.8 Kraft Heinz Company
8.9 Boulder Brands, Inc
8.10 Kellogg Company
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
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