Market Size of South America Gluten Free Foods & Beverages Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.70 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Gluten Free Foods Beverages Market Analysis
South America Gluten-Free Foods & Beverages Market is projected to grow at a CAGR of 5.7% during the forecast period, 2020 - 2025.
- Gluten-free products are believed to clear digestive ailments, lower cholesterol levels, and reduce fats levels, which eventually is expected to drive the demand during the forecast period. The easy availability of products in almost all grocery stores is expected to have a significant impact on market growth.
- Brazil represents the largest and the fastest-growing market for gluten-free foods & beverages in South America, cornering an estimated share of over 50% in 2017.