Market Size of Asia-Pacific Gluten-Free Food and Beverages Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.34 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Gluten-Free Foods & Beverage Market Analysis
Asia-Pacific gluten-free food and beverages market is projected to register a CAGR of 9.34% during the forecast period (2022-2027).
During COVID-19, in Australia, sales of general mills declined by 3%. Food products such as gluten-free or other free-from dairy products, drinks, condiments, and sauces have taken a back seat as stores stock up on more priority and fundamental necessities, resulting in a significant drop in sales. Consumers with celiac disease or gluten sensitivity are more likely to purchase survival-based items rather than gluten-containing ones.
The market studied has undergone a radical change from specialty niche products to mainstream products. A current trend toward gluten-free product consumption has given further impetus to the gluten-free food and beverages segment. The easy availability of products in almost all grocery stores is expected to have a significant impact on market growth. Higher disposable incomes and the shifting trend toward processed foods in countries such as India and China are the factors that drive the growth of gluten-free products in Asia-Pacific.
The Asian-Pacific gluten-free foods and beverages market has undergone a radical change, from specialty niche products to mainstream products. The current trend toward gluten-free product consumption and increasing cases of celiac diseases have given further impetus to the gluten-free food and beverage segment in the region.
