Allergen Free Food Market Scope
Allergen-free food is aimed at the food allergy community. Generally, food allergy is triggered by proteins in shellfish, peanuts, tree nuts and may also trigger by protein in general fish. Food allergy is an immune response that occurs after eating certain foods. In people who have allergies, even a tiny amount of food can trigger major signs and symptoms like digestive problems, swollen skin. In some severe cases, the reaction could be life-threatening. Food allergy affects around 6-8 percentage of children under the age of 3 years. In food manufacturing, there could be potential for contamination of raw material ingredients and even manufacturing lines. With the rise of food allergies, food manufactures are increasing labelling their food as ‘allergy-friendly.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Allegro (Poland), Nestle (Switzerland), Danone SA (France), Arrowhead Mills (United States), Birkett Mills (United States), Abbott Laboratories (United States), EarthBalance (United States), Eden Foods (United States), Ian’s Natural Foods (United States) and King Arthur Flour (United States) |
CAGR | 6.6% |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Allergen Free Food market throughout the predicted period.
Allegro (Poland), Nestle (Switzerland), Danone SA (France), Arrowhead Mills (United States), Birkett Mills (United States), Abbott Laboratories (United States), EarthBalance (United States), Eden Foods (United States), Ian’s Natural Foods (United States) and King Arthur Flour (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Kinnikinnick Foods (Canada), Libre Naturals Inc. (Canada), SuperBrewed Foods (United States) and Rule Breaker Snacks (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Allergen Free Food market by Type and Region with country level break-up.
On the basis of geography, the market of Allergen Free Food has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 29th, 2021, SuperBrewed Foods a US-based food manufacturing company, introduced their proprietary microbe protein in the animal-free food and allergen free food segment. With this launch, SuperBrewed Foods enter the market of affordable and healthy cheese which is high in protein as well as in dairy-free milk. SuperBrewed Foods is well-positioned and desired to be a leader in this category with the offering of this new product.
In February 2021, the Venture Capital arm of Grupo Bimbo made a minority investment in Rule Baker Snacks a maker of allergen free, vegan and gluten-free treats. With this acquisition, the Rule Baker group gets a bigger presence in allergy-friendly foods market. Their focus is on making clean ingredient snacks that are vegan, gluten-free, and nut-free. Also, their products are free from the top eleven allergy-causing foods like dairy, eggs, sesame, soy, etc.
Influencing Trend:
Growing Number of Brands Adding Allergen Free Labels in Food Packaging and Increasing Number of Restaurants Offering Allergen Free Food
Market Growth Drivers:
Growing Number of People with Allergies and Possibility of Asthma Patients to Have Food Allergies
Challenges:
High Cost of Allergen Free Foods
Restraints:
Lack of Awareness About Availability of Allergen Freed Foods
Opportunities:
Increasing Spending on Production of Allergen Free Foods and Growing Demand of Allergen Free Foods from North America And Europe
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Allergen Free Foods Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others