Market Size of Free-from Food Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 91.55 Billion |
| Market Size (2029) | USD 170.55 Billion |
| CAGR (2024 - 2029) | 13.25 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Free-From Food Market Analysis
The Free-from Food Market size is estimated at USD 91.55 billion in 2024, and is expected to reach USD 170.55 billion by 2029, growing at a CAGR of 13.25% during the forecast period (2024-2029).
- The global free-from food market was valued at USD 71,381.2 million during the current year. The free-from food market is also thriving in the light of medical advancements that have analyzed and provided a solid understanding of different responses from the immune system, enabling consumers to make conscious decisions in purchasing their food products.
- The demand for plant-based foods is increasing due to changing lifestyles and growing awareness of the benefits of a vegetarian diet. Consumers increasingly believe that vegetarian and vegan food products can help reduce harmful cholesterol levels in the blood and improve overall health.
- For instance, the European Consumer Survey on plant-based found that the United Kingdom's purchase and consumption rates of plant milk, meat alternatives, vegan margarine, vegan cheese, vegan ready meals/food to go, and seafood alternatives are the highest in Europe.
- Consumer awareness regarding labeling allergen-free and dairy-free product claims and other ingredient claims is driving the market for these food products. Moreover, favorable regulations by the food safety authorities are expected to bring more opportunities for the major players in the market to increase output.
