Technavios market research analyst predicts the global food intolerance products market to reach a market value of USD 999 billion by the end of 2019. The rising number of celiac and diabetic patients worldwide is driving the growth of this market. According to the Celiac Support Association, around 1 in 133 persons in the US suffers from celiac disease, with nearly 83% of the cases being undiagnosed or misdiagnosed. The total number of recorded cases of diabetes in 2013 was around 382 million, and this number is expected to reach 592 million by 2035.
The growing demand for gluten-free food products is anticipated to boost the market growth during the forecast period. Food manufacturers are currently focused on developing and introducing innovative, healthy, and tasty gluten-free products. Europe and the APAC region are expected to be the next potential markets for gluten-free food products.
Product segmentation and analysis of the food intolerance products market
Gluten-free food Diabetic food Lactose-free food The diabetic food market is expected to grow at a CAGR of around 11% during the forecast period. The increasing health-consciousness of consumers is the primary driver for the growth of this market. The report anticipates Latin America to be the fastest growing region in this market by the end of 2019.
Geographical segmentation and analysis of the food intolerance products market
APAC Eastern Europe Latin America North America MEA Western Europe
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PLM overview Role of PLM in product development process EDA PART 05: Market landscape Market size and forecast Five forces analysis PART 06: Market segmentation by product CAE SIP IC physical design Others
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