Food and Beverage Market Global Gluten Free Up to thriving growth, recently, mainly due to the increase in gluten intolerance cases. Diarrhea, bloating, abdominal pain, fatigue, forgetfulness and irritability are some of the common symptoms of gluten intolerance, which cause even more weight loss and nutritional deficiencies. With the increasing prevalence of gluten sensitivity, sales of gluten-free foods and beverages have risen drastically.
According to Market Research Future (MRFR), the global gluten-free food and beverage market is booming and is expected to accumulate exponential accumulation by 2030. In a recently published analysis, MRFR also claims that the market will record moderate CAGR throughout the forecast period (2020 – 2030). The market has witnessed a dramatic change from being considered a special niche product to becoming a mainstream product market.
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Gluten-free foods and beverages are helpful in treating celiac disease and dermatitis herpetiformis. Although the gluten-free diet does not cure celiac or dermatitis herpetiformis, adhering to a diet certainly alleviates the symptoms associated with gluten sensitivity. Millions of people around the world have started consuming gluten-free products, including not only those diagnosed with celiac disease but also people with a general perception of maintaining better health.
Similarly, the current trend of a trend towards “gluten-free” products has driven the market growth of gluten-free foods and beverages. Moreover, an increase in health awareness and an increase in disposable income affect market growth. Also, an increase in health disorders, including diabetes, celiac disease and obesity, gives considerable impetus to market growth, resulting in a higher preference for gluten-free products. Besides, an improvement in the standard of living increases the growth of the gluten-free food and beverage market.
The consumer base for gluten-free foods is expanding rapidly, witnessing the high demand from the population that perceives them as healthier and better for health. The market provides many opportunities for business development in various directions, including areas of enriched and functional food and baby food.
Gluten-free food and beverage market – segments
The report is segmented into four dynamics to expand the scope of understanding,
By type: alcoholic beverages (fermented, distilled, other) and non-alcoholic beverages (carbonated beverages, non-carbonated beverages).
By packaging materials: paper, plastic and metal, among others.
By distribution channel: an established store and not a store, among other things.
By regions: Europe, North America, APAC and the rest of the world (RoW).
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Key players:
Leading players in the global gluten-free food and beverage market include Döhler GmbH (Germany), WhiteWave Foods (USA), Koninklijke DSM NV (Netherlands), The Dannon Company Inc (USA), Bob’s Red Mill Natural Foods (USA) B), PepsiCo, Inc. (USA), and Hain Celestial Group, Inc. (USA), among others.
Gluten-free food and beverage market – regional analysis
North America dominates the global gluten-free food and beverage market with the largest market share. The region is experiencing high demand for gluten-free beverages which further supports the growth of the regional market. Besides, the change in the trend of consumer food consumption and the tendency towards a healthy lifestyle are positively affecting the growth of the regional market.
The US leads the regional market, witnessing a massive demand for gluten-free food products. Statistics indicate that one in five U.S. consumers thinks gluten is harmful to health, which in turn has significantly impacted the growth of the gluten-free food and beverage market in North America.
Europe is the second largest region in the global gluten-free food and beverage market. Growing markets in the region led by the increase in disposable income and the increase in the population with health awareness are attributed to the growth of the regional market. Rising disposable income per capita and health-focused populations are increasing market size.
The gluten-free food and beverage market in Asia Pacific is emerging as a promising market worldwide. Factors such as rising awareness of the benefits of gluten-free food products and rapid advances in processing technologies are strengthening the growth of the regional market. Moreover, the benefits of raw materials and competitive labor costs help increase the number of manufacturing plants in the area, and attract foreign investors.
Gluten-free foods and beverages market – competitive analysis
Very competitive, the gluten-free food and beverage market seems to be diversified due to the presence of a number of notable manufacturers. These players encourage competitors with their extensive product line. Players are investing heavily to drive expansion and RD programs for advanced technologies and product launches to achieve a greater competitive advantage in the market. Key players compete on the basis of various factors like price, quality, innovation, service, reputation, distribution and promotion.
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Industry / Innovation / Related News:
September 13, 2019 – ACH Food Companies Inc. (USA), a leading manufacturer of cooking oils and baking products, has announced the acquisition of Anthony’s Goods (USA), a leading manufacturer of gluten-free ingredients such as flours, powders, seeds and more. Anthony’s Goods is a digital brand in the field of natural and organic food, providing consumers with a diverse set of high quality products, from almond and coconut flours to psyllium husk.
The acquisition was inspired by Anthony’s Goods’ ability to quickly meet the growing demands of consumers for high-quality natural and organic options. Anthony is the fastest growing entrepreneurial business that will be a strong complement to ACH’s core business.
August 27, 2019 —- AgraFlora Organics International Inc. (Canada), a growth-oriented and diversified international cannabis company, announced that Natures Hemp Corp (NHC), a former portfolio company distributed to AGRA shareholders in AGRA August 2018, has acquired 100% of the assets of HapiFoods Group Inc. Holy Crap offers four separate SKUs that all contain approved non-GMO, kosher and gluten-free organic ingredients such as hemp seeds, buckwheat, chia seeds and gluten-free oats.
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