Gluten-Free Foods & Beverages Market Scenario
The global Gluten-Free Foods & Beverages Market is witnessing a flourishing growth, recently, mainly due to the rising occurrences of gluten intolerance cases. Diarrhea, bloating, abdominal pain, fatigue, forgetfulness, and irritability are some of the common symptoms of gluten intolerance, which further cause weight loss and nutrient deficiencies. With the increasing prevalence of gluten sensitivity, the sales of gluten-free foods & beverages have increased drastically.
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Gluten-free food & beverages are helpful in the treatment of celiac sprue and dermatitis herpetiformis. Though the gluten-free diet does not cure celiac sprue or dermatitis herpetiformis, following the diet certainly relieves the symptoms associated with gluten sensitivity. Millions of people, worldwide have started consuming gluten-free products, including not only ones diagnosed with celiac disease but also people with a general perception of maintaining better health.
Players leading the global Gluten-Free Foods & Beverages Market include Döhler GmbH (Germany), WhiteWave Foods (US), Koninklijke DSM NV (Netherlands), The Dannon Company Inc (US), Bob’s Red Mill Natural Foods (US), PepsiCo, Inc. (US), and Hain Celestial Group, Inc. (US), among others.
September 13, 2019 — ACH Food Companies Inc. (the US), a leading manufacturer of cooking oils and baking products, announced the acquisition of Anthony’s Goods (the US), a leading manufacturer of gluten-free ingredients such as flours, powders, seeds and more. Anthony’s Goods is a digital-native brand in the natural and organic food space that provides consumers with a diverse set of high-quality products, ranging from almond and coconut flours to psyllium husk.
August 27, 2019 —- AgraFlora Organics International Inc. (Canada), a growth-oriented and diversified international cannabis company, announced that that Natures Hemp Corp (NHC), a former portfolio company which was spun out to shareholders of AGRA in August of 2018, has acquired 100% of the assets of HapiFoods Group Inc. Holy Crap offers four distinct SKU’s all of which contain certified organic, non-GMO, kosher and gluten free ingredients such as hemp seed, buckwheat, chia seeds, and gluten-free oats.
Gluten-Free Foods & Beverages Market – Segments
The report is segmented into four dynamics to widen the scope of understanding,
By Type : Alcoholic Beverages (fermented, distilled, others) and Non-Alcoholic Beverages (carbonated drinks, non-carbonated drinks).
By Packaging Material : Paper, Plastic, and Metal, among others.
By Distribution Channel : Store-based and Non-Store-based, among others.
By Regions : Europe, North America, APAC, and the Rest-of-the-World (RoW).
Gluten-Free Foods & Beverages Market – Regional Analysis
North America dominates the global Gluten-Free Foods & Beverages Market with the largest market share. The region is experiencing a high demand for gluten-free beverages which is further supporting the growth of the regional market. Besides, the shift in consumers’ food consumption trend and inclination towards a healthy lifestyle impacts the regional market growth, positively.
The Asia Pacific Gluten-Free Foods & Beverages Market is emerging as a promising market globally. Factors such as the rising awareness towards the benefits of gluten-free food products and rapid advancements in processing technologies boost the regional market growth. Moreover, raw material advantages and cost-competitive labor force help to increase the numbers of production plants in the region, attracting foreign investors.
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Gluten-Free Foods & Beverages Market – Competitive Analysis
Highly competitive, the Gluten-Free Foods & Beverages Market appears to be diversified due to the presence of several noteworthy manufacturers. These players churn the competition with their extensive product line. Players invest heavily to drive expansion plans and RD for advanced technologies and product launch in order to gain a substantially larger competitive edge in the market. Key players compete based on various factors such as price, quality, innovation, service, reputation, distribution, and promotion.
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