Press release
Free-From Food Market Trends and Projections | Size, Share & Growth
According to a new report published by Allied Market Research titled,โฏ"Free From Food Marketโฏby Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,"โฏthe global free from food market size was valued at $90.1 billion in 2018, and is projected to reach $161.2 billion by 2026, growing at a CAGR of 7.7% from 2019 to 2026. In 2018, North America accounted for nearly 43.8% share of the market.๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/6372
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.
The growing consumer preference for organic, natural, and healthy food is driven by increasing health awareness. Factors such as rising disposable income, improved living standards, and higher health expenditures, coupled with extensive promotion of organic food, contribute to the expansion of the free-from food market. Gluten-free products are vital for addressing the symptoms of celiac disease and other gluten-related conditions. They're also favored by individuals seeking health benefits like enhanced well-being, weight management, and boosted energy levels, even if they don't have diagnosed gluten sensitivities.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.alliedmarketresearch.com/purchase-enquiry/6372
๐๐ฟ๐ถ๐๐ฒ๐ฟ๐ ๐ผ๐ณ ๐๐ฟ๐ผ๐๐๐ต
The increasing demand for free from food products is attributed to consumers seeking better taste, along with a rise in health consciousness. Factors such as disposable income, improved living standards, and a preference for organic and natural foods are driving this trend. Additionally, gluten-free products are in demand not only for medical reasons but also for perceived health benefits such as weight loss and increased energy.
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.
๐๐ ๐ง๐๐ฝ๐ฒ
โข Dairy-free
โข Sugar-free
โข Carb-free
โข Lactose-free
โข Artificial Ingredient-free food
โข Others
๐๐ ๐๐ถ๐๐๐ฟ๐ถ๐ฏ๐๐๐ถ๐ผ๐ป ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น
โข Supermarket & Hypermarket
โข Specialty Stores
โข Online retail stores
โข Others
๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.alliedmarketresearch.com/checkout-final/6842fd634febfdd507c2eef4a49fc975
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
โข 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.โฏ
โข 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 %.โฏ
โข 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%.โฏ
โข 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%.
โข 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.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐๐ ๐๐ซ๐จ๐ฆ ๐๐จ๐จ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข The Kraft Heinz Company
โข The Hain Celestial Group, Inc.
โข Cargill Inc.
โข Corbion Inc.
โข Kerry Group PLC
โข Ingredion Incorporated
โข Chr. Hansen A/S
โข Dupont
โข Kellogg Company
โข General Mills, Inc.
๐Browse More Related Reports According to Category:
๐นVegan Supplements Market- https://www.einpresswire.com/article/709801889/vegan-supplements-market-trends-opportunities-and-key-players
๐นShrimp Market- https://www.einpresswire.com/article/709809144/shrimp-market-surge-54-6-billion-projected-valuation-captivates-industry
๐นMango Butter Market- https://www.einpresswire.com/article/709818014/mango-butter-market-to-cross-163-4-million-by-2027-size-share-trends-growth
๐นMeat Snacks Market- https://www.openpr.com/news/3488703/meat-snacks-market-to-hit-11-3-billion-by-2026-global
๐นOrganic Dairy Food and Drinks Market- https://www.openpr.com/news/3488596/organic-dairy-food-and-drinks-market-set-to-achieve-a-valuation
๐นFrozen Vegetables Market- https://www.openpr.com/news/3488897/frozen-vegetables-market-projected-to-cross-38-84-bn-by-2025
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๐๐ฏ๐ผ๐๐ ๐จ๐
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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