-- Overview:
The Global Gluten-Free Foods & Beverages Market, as discussed by Market Research Future (MRFR) in their report on the same, is expected to rise with a substantial CAGR during the forecast period (2018-2023). Gluten is grain-based compound that is harmful to gut health or is a possible allergen. It is receiving strong flacks from health advisors owing to which gluten-free products are gaining prominence. Same is true for beverages. Glutens can also cause celiac disease which is a rising concern among health enthusiasts.
The market is benefitting considerably from the introduction of gluten-free products. It can be attributed to the technological advancements and ongoing researches & developments. Manufacturers are eyeing for more market penetration by creating a wide-range of products and are taking benefits of innovative marketing campaigns. These are factors that can secure the growth for the market in the coming days.
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Competitive Landscape:
The Gluten-Free Foods & Beverages Market is gaining much from the strategies implemented by companies such as-
• Döhler GmbH (Germany)
• WhiteWave Foods (U.S.)
• Bob's Red Mill Natural Foods (U.S.)
• Hain Celestial Group, Inc. (U.S.)
• Koninklijke DSM N.V. (Netherlands)
• PepsiCo, Inc. (U.S.)
• The Dannon Company Inc (U.S.)
These companies are implementing strategies owing to which both the market and the individual companies can experience growth.
In April 2019, MillerCoors launched a new beverage line called Cape Line Sparkling Cocktails. The cans would contain carbonated water, alcohol from cane sugar, cane sugar, lemon or lime juice concentrate, natural flavors, and fruit juice. The fruit juice will add color to the drink. Its impact, as expected by the makers, should be substantial as canned cocktails are quite new in the market.
Segmental Analysis:
MRFR in their global Gluten-Free Foods & Beverages Market report segmented the market by Type, Packaging Material, and Distribution Channel to get at the core of the industry. This sort of analysis with minutely-scrutinized data is expected to provide better predictive models.
Based on the Type
• Alcoholic beverages (fermented, distilled, others)
• Non-alcoholic beverages (carbonated drinks, non-carbonated drinks)
Based on the Packaging Material
• Paper
• Plastic
• Metal
Based on the Distribution Channel
• Store-based
• Non-store-based
Regional Analysis:
MRFR’s take on the Global Gluten-Free Foods & Beverages Market has a specific focus on growth pockets to ensure better profits. That is why the market is segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
The market in the North America is experiencing substantial growth as its awareness level is quite high. Technology-wise, the regional market is much ahead than its peers. High investment capacity is encouraging the R&D sector to come up with innovations in product. Per capita income is also quite high owing to which the market can expect easy percolation of products among consumers. These factors have taken the market to the leader’s position. Europe is second in command and its market is also growing, following the same features as set by North America. Changing lifestyle in the region is helping in the promotion of gluten-free products.
The APAC market is immensely potential in terms of growth of the Gluten-Free Foods & Beverages Market. The country is expected to become the fastest growing region for Gluten-Free Foods & Beverages Market during the forecast period. The rise in disposable income and health consciousness is expected to act in favor of the market. In addition, the presence of countries such as China and India are expected to boost the market further.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/gluten-free-foods-beverages-market-1295
Release ID: 508670
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