According to the latest report by IMARC Group, titled “Free-from Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global free-from food market size grew at a CAGR of around 8% during 2015-2020. Looking forward, IMARC Group expects the global free-from food market to continue its moderate growth during 2021-2026. Free-from foods refer to edibles […]
Global Free-from Food Market Analysis: Trends and Forecasts to 2026
According to the latest report by IMARC Group, titled “Free-from Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global free-from food market size grew at a CAGR of around 8% during 2015-2020. Looking forward, IMARC Group expects the global free-from food market to continue its moderate growth during 2021-2026. Free-from foods refer to edibles that are devoid of gluten, allergen, lactose or genetically modified organism (GMO). These foods are specifically targeted toward consumers who are suffering from a specific intolerance or are prone to food allergies. These items come under the subset of clean-label edibles that consist of a vast array of foods, including meat, fruits, vegetables, cereals, pulses, spices, and dairy products. They are obtained under strict cultivation standards that allow them to be free from chemicals, hormones and antibiotics. These foods are widely gaining prominence across the globe as their consumption is widely associated with promoting overall wellbeing and good health.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Global Free-from Food Market Trends:
The global market is primarily driven by the rising awareness regarding the prevalence of lactose-, celiac- and gluten-intolerance among the masses. Rapid urbanization and inflating disposable incomes of the masses have facilitated the sales of free-form foods across the globe. This is supported by the easy availability of such foods through online and offline retail channels that offer a multitude of product variants to the customers, with flexible payment options and attractive discounts and promotions. Moreover, the increasing incidences of lifestyle disorders, such as obesity, diabetes, and cardiovascular diseases, across the globe have provided a boost to the demand for healthy foods. Coupled with escalating concerns regarding the adverse effects of consuming foods with GMOs, preservatives and synthetic additives, this is providing a thrust to the market growth. The market is further driven by the widespread popularity of social media platforms among the younger population, which has encouraged players to heavily invest in celebrity endorsements for gluten-free, vegan and plant-based food products. Some of the other factors contributing to the market growth include the escalating preference for superfoods with extended shelf life and high nutritional value and the extensive research and development (R&D) activities conducted by players to improve the palatability of free-from foods
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Key Market Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Alpro UK Limited
- Conagra Brands, Inc.
- Danone SA
- Doves Farm Food Limited
- Schar AG/SpA
- Ener-G Foods, Inc.
- General Mills, Inc
- GreenSpace Brands, Inc.
- Hain Celestial Group Inc.
- Mondelez International.
Breakup by Type:
- Dairy-Free
- Gluten-Free
- Lactose-Free
- Other
Breakup by End Product:
- Bakery & Confectionary
- Dairy-free Foods
- Snacks
- Beverages
- Others
Breakup by Distribution Channel:
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Channels
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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