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Market InsightsThe Global Gluten-Free Foods & Beverages market, as discussed by Market Research Future (MRFR), is followed by a new trend of food consumption by people globally, is supporting the market to expand exponentially by 2023. The gluten-free market and its products are highly competitive, as products being innovative, which leading market players are adopting a dominant strategic approach.
Gluten-Free Foods & Beverages are drinks that strictly prohibit gluten. Gluten-Free Foods & Beverages are trendy among the consumers as they contain several health benefits. The report mentions that this trend is likely to continue in the future, as the established market players seek to garner more with an increased market share during the forecast period. Many countries across the globe are showing the most promising growth of global Gluten-Free Foods & Beverages market owing to factors such as rising disposable income coupled with growing awareness about healthy food products.
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Key Players
Some of the key players profiled in the Global Gluten-Free Foods & Beverages market are-
• WhiteWave Foods (U.S.)
• Döhler GmbH (Germany)
• Koninklijke DSM N.V. (Netherlands)
• Bob's Red Mill Natural Foods (U.S.)
• The Dannon Company Inc (U.S.)
• PepsiCo, Inc. (U.S.)
• Hain Celestial Group, Inc. (U.S.)
Global Gluten-free beverage Market: Drivers & Trends
As per the research, one driver that is triggering the global gluten-free beverage market is expanding rapidly is the increasing number of people mainly with gluten intolerances and allergies. A number of consumers are intolerant to gluten, which encourages the demand for a gluten-free beverage in restaurants, pubs, and parties in substantial ways are supporting the market expansion. In line with this, the demand for gluten-free food and beverage products is increasing rapidly, across the globe.
Another major trend which is positively influencing and will contribute to the growth of the global Gluten-Free Foods & Beverages market is the escalating accessibility of gluten-free food and beverage products through various distribution channels. Market players offering Gluten-Free Foods & Beverages are, therefore, forming alliances with various supermarkets and departmental stores to boost their products and garner the attention of consumers. This factor is expected to help in the growth of the global Gluten-Free Foods & Beverages market during the forecast period.
Furthermore, a new number of Gluten-Free Foods & Beverages among working people globally is also anticipated to spurt the gluten-free product market growth in the years to come. Such a surge in market is also likely to generate a significant demand for gluten-free snacks and products and encouraging the major market players to invest in gluten-free products manufacturing. Moreover, the reports have also recorded research analysis that the growing millennial population and rising standards of living are probable to boost the gluten-free product market growth during the forecast period.
Market Segmentation
According to the reports, the global Gluten-Free Foods & Beverages market has been segmented into type, packaging material, and distribution channel.
By the mode of type, this segment is segmented into alcoholic beverages (fermented, distilled, others), non-alcoholic beverages (carbonated drinks, non-carbonated drinks). Among these, non-alcoholic beverages are leading the gluten-free beverage market owing to the escalating health awareness among the population. However, motivated by the technology advancement and product innovations, the market for gluten-free alcoholic beverages is thus, probable to witness high growth during the assessment period.
By the mode of packaging material, this segment is segmented into paper, plastic, metal, others. Among these, the plastic holds a significant market share owing to low production cost and convenience of disposable. Also, ease of availability of these is making the segment more prominent.
By the mode of distribution channel, this segment is segmented into store-based, non-store based. Among these, the store-based channel is leading the market owing to the one-stop convenience shopping experience for the consumers. However, owing to the rapid pace adoption of technology by the consumers, the sale of Gluten-Free Foods & Beverages through non-store based distribution channel is experiencing a surge.
Regional Outlook
Geographically, the Global Gluten-Free Foods & Beverages Market has covered main regions such as North America, Europe, Asia Pacific, and the rest of the world (RoW).
Among all, North America is leading the Gluten-Free Foods & Beverages market. The U.S in the North American region is experiencing a high demand for Gluten-Free Foods & Beverages owing to a shift in consumers’ food consumption trend and inclination towards a healthy lifestyle.
Whereas, the Asia Pacific is also considered to be the fastest growing region for Gluten-Free Foods & Beverages market owing to improved disposable income and rising health consciousness among the consumers, mainly in the emerging markets of India and China.
Industry News
May 9, 2019: OMG Juice, a new product of bottled sugarcane juice with no added sugar has been launched in Kashmir. OMG or Oh My Ganna Juices are the first bottled sugarcane juice with no added sugar, without any chemical preservatives and gluten-free. It comes with the variant as lemon, cumin ginger, mango, and guava. New variant apple, orange, and litchi hit Kashmir market in the month of May.
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