Global Gluten-free Beverages Market 2018-2022
About Gluten-free Beverages
The report covers the current scenario and estimates the value of the global gluten-free beverages market for the forecast period 2018-2022. The parent market for the global gluten-free beverages market is the global gluten-free food and beverages market.
Technavio’s analysts forecast the global gluten-free beverages market to grow at a CAGR of 9.43% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global gluten-free beverages market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Gluten-free Beverages Market 2018-2022
Technavio recognizes the following companies as the key players in the global gluten-free beverages market: THE COCA-COLA COMPANY, DR PEPPER SNAPPLE GROUP, General Mills, Kraft Heinz, and PepsiCo.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing availability of gluten-free food and beverages. One of the trends which can positively influence the growth of the global gluten-free beverages market is the increasing availability of gluten-free food and beverage products through various distribution channels. Players offering gluten-free beverages are forming alliances with various supermarkets and departmental stores to increase the shelf space for their products and garner the attention of consumers.”
According to the report, one driver in the market is increasing number of people with gluten intolerances and allergies. The number of consumers who are intolerant to gluten and have celiac disease and food allergies is on the rise. In line with this, the demand for gluten-free food and beverage products is increasing rapidly. This will help in the growth of the global gluten-free beverages market during the forecast period.
Further, the report states that one challenge in the market is high price of gluten-free beverages. One of the major challenges for the growth of the global gluten-free beverages market is the high price of gluten-free beverages compared to regular beverages. The high price of gluten-free beverages can be attributed to the high production cost and the cost of high-quality raw materials used.
DR PEPPER SNAPPLE GROUP
THE COCA-COLA COMPANY