Market Size of Gluten Free Beverages Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.80 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Gluten-Free Beverages Market Analysis
The global gluten-free beverage market is growing at a CAGR of 7.8% during the forecast period (2019-2024).
- This market is mainly driven by the increasing number of people with gluten intolerances/allergies and celiac disease. Other groups of consumers are suffering from a wheat allergy, autism, ADHD, multiple sclerosis, and irritable bowel syndrome (IBS) who are engaged in the consumption of gluten-free products. This increase in demand for gluten-free beverages resulted in the radical change of gluten-free beverages from being only in nutritional stores and pharmacies to find their place in grocery outlets.
- Among the alcoholic and non-alcoholic beverages, the non-alcoholic segment is dominating the market owing to increasing health awareness among the consumers.
- Geographically, North America contributes a significant share in the gluten-free beverage market, and the European region is the fastest-growing market owing to the high-rise health-concerning people in the region. The Asia- Pacific & South America regions still have small markets due to low awareness among consumers. Middle East region is emerging as one to look over for the gluten-free sector with the United Arab Emirates is seen as the key destination.
- However, one of the significant challenges for the growth of the global gluten-free beverages market is the high price of gluten-free beverages compared to regular beverages, which is attributed to the high production cost and the cost of high-quality raw materials used.