DUBLIN, March 25, 2020 /PRNewswire/ -- The "Global Free-From Food Market: Growth, Trends and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The global Free-From food market is expected to value $337.85 billion, recording an estimated CAGR of 9.5%, during the forecast period (2019-2024).The free-from-food market is thriving in the light of medical advancements that have analyzed and provided solid understanding of different responses from the immune system, enabling consumers to make conscious decisions in purchasing their food products.The consumer awareness, regarding the labelling of allergen-free and dairy-free products claims, is driving the market for free-from food products. Companies are coming up with innovative products, which meet allergen-free requirement and provide nutritional benefits.Countries like the United States, the United Kingdom, Italy, Germany, France, Spain, and Canada are some of the leading markets in the gluten-free category, whereas dairy-free is led by North America and caffeine-free by Asian markets.Key Market TrendsRising Awareness on Clean LabelingClean-label ingredients are consumer-friendly ingredients, which are natural, organic, non-GMO, and very minimally processed. The omission and elimination of intolerable and allergenic ingredients in clean-label products is facilitating the market for free-from foods. An increasing number of consumers are inclined to free-from, even though they do not exhibit any sort of allergies and intolerances, because the category is now emerging as a lifestyle-enhancement segment in the health and wellness space.The voluntary acceptance and consumption of free-from foods is the major driving force in the global marketplace. The concerns regarding animal welfare and environmental sustainability is also facilitating the sales of free-from foods, particularly in the developed markets of Western Europe and North America. The healthy-lifestyle from healthy diets and better-for-you products are driving the market for free-from foods in these markets.Asia-Pacific Remains the Fastest Growing RegionAsian diets largely vary compared to western food habits. Although each Asian country and region has its distinct avors and cooking styles, they also have many unifying features, such as high consumption of plant foods, like vegetables, fruits, beans, legumes, nuts, herbs, and spices. The Asian countries hold nearly half of the world's population.With a geographical base, including countries as diverse as Bangladesh, Cambodia, China, India, Indonesian, Japan, Laos, Malaysia, Mongolia, Myanmar, Nepal, North Korea, South Korea, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Australia, and others, the traditional Asian diet covers a lot of territory, in both a geographical and culinary sense. The increase in the demand for free-from food is also leading to the rise in demand for gluten-free and trans-free foods.Competitive LandscapeThe free-from-foods market is highly fragmented and competitive with the presence of various prominent and local players. The major players hold less than 30% of the market. Companies are coming up with innovative products, which are free from allergens and have necessary nutritional benefits. The key players in the market include Conagra Brands Inc., Dr. Schar AG/SpA, Hain Celestial, General Mills, Mondalez International, and Danone SA.Key Topics Covered 1 INTRODUCTION1.1 Research Phases1.2 Study Deliverables1.3 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Market Drivers4.2 Market Restraints4.3 Industry Attractiveness - Porter's Five Forces Analysis4.3.1 Bargaining Power of Suppliers4.3.2 Bargaining Power of Consumers4.3.3 Threat of New Entrants4.3.4 Threat of Substitute Products4.3.5 Degree of Competition5 MARKET SEGMENTATION5.1 By Type5.1.1 Gluten Free5.1.2 Dairy Free5.1.3 Allergen Free5.1.4 Other Types5.2 By End Product5.2.1 Bakery and Confectionery5.2.2 Dairy-free Foods5.2.3 Snacks5.2.4 Beverages5.2.5 Other End Products5.3 By Distribution Channel5.3.1 Supermarkets/Hypermarkets5.3.2 Online Retail Stores5.3.3 Convenience Stores5.3.4 Other Distribution Channels5.4 Geography5.4.1 North America5.4.2 Europe5.4.3 Asia-Pacific5.4.4 South America5.4.5 Middle East & Africa6 COMPETITIVE LANDSCAPE6.1 Strategies Adopted by Key Players6.2 Most Active Companies6.3 Market Share Analysis6.4 Company Profiles6.4.1 Danone6.4.2 Conagra Brands Inc.6.4.3 Doves Farm Foods Ltd.6.4.4 Dr Schar AG/S.p.A.6.4.5 Hain Celestial Group Inc.6.4.6 Green Space Brands6.4.7 General Mills, Inc.6.4.8 Mondelez International6.4.9 Amy's Kitchen, Inc.6.4.10 Ener-G Foods, Inc.7 MARKET OPPORTUNITIES AND FUTURE TRENDSFor more information about this report visit https://www.researchandmarkets.com/r/oj21uz
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