Press release
Future of Free From Food Market to be at $161.2 Billion Opportunity, CAGR 7.7%, Region-wise, North America was Prominent
Free From Food
The growth in value sales for free from ingredients is attributable to surge in demand for different free from food products, which facilitate better taste. Thus, increase in willingness of customers for different types of natural tastes in food & beverages is expected to fuel the demand for free from food market.
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
>The Kraft Heinz Company,
>The Hain Celestial Group, Inc.
>Cargill Inc.
>Corbion Inc.
>Kerry Group PLC
>Ingredion Incorporated, Chr
>Hasen A/S
>Dupont
>Kellogg Company
>General Mills, Inc
๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ @ https://www.alliedmarketresearch.com/request-sample/6372
The consumer preference toward organic, natural, and healthy food is on a constant rise owing to increase in health consciousness among consumers. Further, surge in disposable income, improvement in living standard, rise in health expenditure, and large scale promotion of organic food owing to its benefits, such as chemical free and natural, drive the growth of free from food market. A gluten-free food is essential for managing signs and symptoms of celiac disease and other medical conditions associated with gluten. Gluten free products are also popular among people who haven't been diagnosed with a gluten-related medical condition. The claimed benefits of the diet are improved health, weight loss and increased energy
The food industry has been evolving in terms of innovations and demand. Manufacturers are focusing on key innovations that cater to the requirements of their target consumers. Increase in awareness toward health and wellness has been witnessed among people residing in the developed as well as the developing countries. This has resulted in increased demand for various types of special free from food made using organic products. Thus, free from food market products are gaining increased traction among food & beverage manufacturers, which significantly drives the free from food market growth.
๐๐๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ @ https://www.alliedmarketresearch.com/connect-to-analyst/6372
Free from food products have further witnessed higher rate of penetration in North America and Europe. However, low availability has been observed in some major parts of Asia-Pacific and LAMEA, which is attributable to low performing macro-economic factors such as low internet penetration and weak marketing strategies by the manufacturers. Thus, lower penetration of such products limits the growth of the market.
Increase has been witnessed in number of users in various social media sites with rise in internet penetration. Taking this into consideration, most of the key players in the market strategize on promoting their products on these social media platforms. Thus, free from food market analysis through social media marketing strategy, the market sights critical opportunity in gaining traction.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/6372
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
Depending on type, the sugar-free segment garnered 30.0% of free from food market share in 2018, and is expected to grow at a CAGR of 7.0% from 2019 to 2026.
The artificial ingredient-free food segment was valued at $12.8 billion, and is expected to reach $20.3 billion by 2026, registering a CAGR of 6.1 %.
In 2018, by distribution channel, the dairy & frozen dessert segment accounted for 58.3% share of the market, and is expected to grow at the CAGR of 6.9%.
The online retail stores segment accounted was valued at $7.8billion, and is expected to reach $18.1 billion by 2026, registering highest CAGR of 11.3%.
Region wise, North America accounted for a prominent market share in 2018, and is anticipated to grow at a CAGR of 7.2% throughout the free from food market forecast period.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:-
Global Lactose Free Butter Market to Reach $388.4Million by 2026: AMR
https://www.globenewswire.com/news-release/2020/07/02/2057032/0/en/Global-Lactose-Free-Butter-Market-to-Reach-388-4Million-by-2026-AMR.html
Global Wine Chocolate Market Is Expected to Reach $1473.4 Million by 2030: Says AMR
https://www.globenewswire.com/news-release/2021/11/15/2334396/0/en/Global-Wine-Chocolate-Market-Is-Expected-to-Reach-1473-4-Million-by-2030-Says-AMR.html
Shrimp Market to Reach $54.6 Bn, Globally, by 2027 at 9.2% CAGR: Allied Market Research
https://www.globenewswire.com/en/news-release/2021/06/24/2252700/0/en/Shrimp-Market-to-Reach-54-6-Bn-Globally-by-2027-at-9-2-CAGR-Allied-Market-Research.html
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