Industry Background:
Gluten-free foods & beverages are excluded foods containing gluten. It is important for managing signs and symptoms of celiac disease and other medical conditions related to gluten. A gluten-free diet is popular among people who have not been diagnosed with a gluten-related medical condition. The benefits of the diet are improved health, weight loss, increase energy, and others.
According to AMA Research, the market for Gluten-Free Foods & Beverages is expected to register a CAGR of 14.0% during the forecast period to 2030. This growth is primarily driven by High Consumption Gluten-Free Foods & Beverages by People with Celiac Disease
.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as General Mills (United States), Kellogg's (United States), Kraft Heinz Company (United States), Mondelez International (United States), Dr. Schär (Italy), Genius Foods (United Kingdom), Hain Celestial Group (United States) and Amy's Kitchen (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On September 26, 2023, PepsiCo, Inc. announced the acquisition of Bare Snacks, a popular maker of gluten-free fruit and nut bars. This move aims to expand PepsiCo's presence in the healthy snacking market.
On 29th June 2021, Kellogg's has launched a new gluten-free cereal named Coco Pops Gluten-Free Cereal. It is the combination of gluten-free grains of puffed rice with cocoa for the burst of chocolate deliciousness. The launch is focused according to the needs of all Australians.Global Gluten-Free Foods & Beverages is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Regulatory Insights:
As per the U.S. Food and Drug Administration, “it must contain no more than 20 parts per million (ppm) of gluten.”
Influencing Trend:
Rapid Shift towards Healthy Diet and Growing Popularity for Gluten-Free Foods & Beverages
Market Growth Drivers:
High Consumption Gluten-Free Foods & Beverages by People with Celiac Disease and Growing Health Conscious Population
Challenges:
Regulatory Guidelines on the Gluten-Free Foods & Beverages Manufactures
Restraints:
Lack of Essential Vitamins and Nutrients and Presence of Various Alternatives
Opportunities:
Rising Demand for Gluten-Free Foods & Beverages from Emerged as well as Emerging Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Gluten-Free Foods & Beverages Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Gluten-Free Foods & Beverages Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Gluten-Free Foods & Beverages players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Gluten-Free Foods & Beverages Study Sheds Light on
The Gluten-Free Foods & Beverages Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Gluten-Free Foods & Beverages industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Gluten-Free Foods & Beverages industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.