The free from food market size was valued at $90.1 billion in 2018, and is projected to reach $161.2 billion by 2026, growing at a CAGR of 7.7% from 2019 to 2026.
The consumption of free from dairy and free from gluten foods is not only limited to nutritional needs but is also gaining importance, due to issues related to intolerance or allergies. Gluten-free food helps to reduce gluten content from the body. Gluten is a type of protein, which is found in several grains such as wheat, rye, and barley. Gluten-free food is the only recommended treatment for patients suffering from celiac diseases and showing symptoms of intolerance such as chronic diarrhea and vomiting. Various healthy foods, which are naturally gluten-free such as beans, fresh eggs, fish, crop seeds, most dairy products, and fresh meat are helpful for the treatment of patients suffering from celiac diseases. In addition, individuals who are found to have a non-celiac gluten sensitivity may benefit from gluten-free foods thus contributing towards free from food market growth.
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Over the years, general awareness among consumers about health and fitness has increased exponentially. Thus, rise in awareness of the side effects caused due to consumption of synthetic ingredients has boosted the growth of the free from food market. In addition, shift in preference of health-conscious consumers toward food items, which either do not contain artificial ingredients or free from food products augments the growth of the global market.
The key players operating in the free from food industry include The Kraft Heinz Company, The Hain Celestial Group, Inc., Cargill Inc., Corbion Inc., Kerry Group PLC, Ingredion Incorporated, Chr. Hasen A/S, Dupont, Kellogg Company, and General Mills, Inc.
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Key Findings of the Study
- Depending on type, the sugar-free segment garnered 30.0% of free from food market share in 2018, and is expected to grow at a CAGR of 7.0% from 2019 to 2026.
- The artificial ingredient-free food segment was valued at $12.8 billion, and is expected to reach $20.3 billion by 2026, registering a CAGR of 6.1 %.
- In 2018, by distribution channel, the dairy & frozen dessert segment accounted for 58.3% share of the market, and is expected to grow at the CAGR of 6.9%.
- The online retail stores segment accounted was valued at $7.8billion, and is expected to reach $18.1 billion by 2026, registering highest CAGR of 11.3%.
- Region wise, North America accounted for a prominent market share in 2018, and is anticipated to grow at a CAGR of 7.2% throughout the free from food market forecast period.
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