Market Research Report
North America Gluten-free Food and Beverage Market - Growth, Trends, and Forecasts (2020 - 2025)
|North America Gluten-free Food and Beverage Market - Growth, Trends, and Forecasts (2020 - 2025)|
Published: May 1, 2020
Mordor Intelligence Pvt Ltd
Content info: 90 Pages
Delivery time: 2-3 business days
The North American gluten-free food and beverage market is projected to record a CAGR of 6.5% during the forecast period (2020-2025).
Increasing Demand for Gluten-free Food and Beverage Products
The market for gluten-free food and beverage products has undergone a radical change from being considered specialty niche products to becoming mainstream products. Millions of consumers around the world have started purchasing gluten-free products, not only because of being diagnosed with celiac disease but also due to the general perception of maintaining better health. The current trend of free-from product consumption has given further impetus to the gluten-free food and beverage market in the region.
United States Dominates the Market
The United States is experiencing a high demand for gluten-free beverages, followed by Canada and Mexico, owing to the shift in consumers' food consumption trend and inclination toward a healthy lifestyle. In the United States, consumers also have favorable perceptions about healthy gluten-free food products, which may boost the market growth. The favorable regulatory framework and initiatives by the US Food and Drug Administration (FDA) to promote gluten-free diets and further subsidy allocations are anticipated to boost the regional market over the forecast period.
The North American gluten-free food and beverage market is highly competitive, with innovation in products being a major strategic approach adopted by the leading players. This trend is likely to continue in the future, as the established players seek to garner further market share. Some of the major players in the North American gluten-free food and beverage market are Hain Celestial Group Inc., PepsiCo Inc., Unilever, Nestle, Quinoa Corporation, and Amy's Kitchen Inc.