Market Overview:
Growing incidences of food allergies among the population has positively influenced allergen-free food products market owing to which the market is growing at significant rate of development on the global stage.
The consumers around the world are increasingly option of allergen free product owing to which the global market for allergen free food products is exponentially. There have been increasing incidences of food allergies which has accelerated the demand for the product. The most common food allergies among the population include gluten, lactose, sugar, and others. It has been observed that the product have found increasing acceptance among consumers.
Additionally, advancement in the diagnosis of food allergies has fuelled the growth of the market. Moreover, increasing inclination towards healthy and low or no sugary food products among the consumers is expected to augment the growth of the allergen-free food products market. Furthermore, increasing demand for gluten-free bakery products in emerging economies has provided impetus to the growth of the allergen-free food products market. Moreover, growing demand for lactose free products among the consumers of lactose intolerance has further spiked the growth of the allergen-free food products market.
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Latest Industry Updates:
Feb 2018 Perfectly free introduced refrigerated, allergen-free fruit bites. The product is 100% plant based and are prepared from fruit and vegetable purees and is rich in fibers.
Oct 2017 Drupe Foods India introduced lactose-free vegan milk in India.
Aug 2016 Sensient Technologies introduced natural, allergen-free nut flavors. The product is clean labelled and is completely free of nut allergies.
Sep 2015 Valio introduced next generation lactose-free dairy catering to the needs of lactose intolerant consumers
Sep 2015 Amul introduced lactose-free milk in India to cater to the requirements of lactose intolerant consumers
Apr 2015 Max Foods India Pvt Ltd would distribute Dr. Schar gluten-free foods in India. The product range consists of gluten-free breads, cookies, pasta, and snacks.
Competitive Analysis:
Owing to growing demand for allergen free food products, the key players have spiked their investment in research and development for development of novel products. For instance, Drupe Foods India introduced lactose free milk recently. Furthermore, growing demand for the product from developing economies have provided huge expansion opportunities to the key players.
The key players profiled in allergen free food products are as Nestle S.A. (Switzerland), Danone (France), Arla Foods Amba (Denmark), Associated Milk Producers, Inc. (U.S.), Bright Food (Group) Co., Ltd.(China), Dairy Farmers of America, Inc. (U.S.), Dean Foods Company (U.S.), Koninklijke Friesland Campina NV (the Netherlands), Grupo Lala, S.A.B. de C.V. (Mexico), and Amul Industries Pvt Ltd. (India) among many others.
Market Segments:
The global allergen-free food products market has been divided into type, flavor, packaging material, distribution channel, and region.
On The Basis Of Type: Gluten-free, Lactose-free, Nut-free, and Others
On The Basis Of Flavor: Chocolate, Vanilla, Butterscotch, Strawberry, and Others
On The Basis Of Packaging Material: Plastic, Glass, Paper, Metal, and Others
On The Basis Of Distribution Channel: Store based, and Non-store based
On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.
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Regional Analysis:
The global allergen free food products market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America accounted for the maximum market share in allergen-free food products market where in the U.S. is the major contributor due to growing rate of lactose intolerants in this region. Increasing bakery industry followed by growing cases of celiac diseases has provided impetus to the growth of allergen free food products market. Asia Pacific is expected to be the fastest growing region for allergen free food products market. India and China are majorly contributing to the growth of allergen free food products market in Asia Pacific. Innovations and technological advancement has spurred the growth of allergen free food products in rest of the world. Among them, Latin America accounts dominates the allergen free food products market.
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