Global Free From Food Market Overview:
Free from food are the food products in which any basic ingredients are excluded for health benefits and advantage. These free-from food products are now trending in the market as the health-conscious consumers are attracted by such a variety of products. There are different types of free-from food products are available in the market. They can easily available in both online and offline distribution channels. But the only disadvantage of such product will be the deficiency of excluded ingredients may occur as if consuming the sugar-free product, the lowering of sugar level may cause to serious cases further. Some of the key players profiled in the study are Conagra Brands Inc (Glutino)(United States), Dr. Schar AG/SpA (Italy), Hain Celestial (United States), General Mills (Annie's Homegrown)(United States), Mondalez International (United States), Danone SA (France), Alpro (Belgium), Boulder Brands (United States), Doves Farm (United Kingdom) and Ener-G Foods (United States).
On the basis of geography, the market of Free From Food has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Treatment, the sub-segment i.e. Diabetics will boost the Free From Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets /Hypermarkets will boost the Free From Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Awareness About Free From Food Concept
- Increasing Disorder Which Requires Free Food Diet Majorly
- Problems Such As Deficiency May Occur After Exclusion Of Free Food
- High Cost Associated With Product Compare To Normal Product
- Growing Health-Conscious Consumer In Market
- Sometimes Label Does Not Follow The Conditions Like Gluten Is Present Even Its Gluten-Free Product
- Not Available In Many Minute Regions
Major Market Developments:
On 16th July 2019, Mondelez International announced that it has completed the acquisition of Majority Interest in Perfect Snacks it is a fast-growing refrigerated nutrition bars segment. The company acquisitions will enhance the snack business.
On 2nd January 2020, Conagra Brands announced that it has Completed Divestiture Of Lender's Bagel Business To Bimbo Bakeries USA.
The US FDA regulates free food products such as gluten-free, sugar-free products.US FDA mainly work on labeling conditions the requirement should be fulfilled by manufacturers as given in the label. Any food product bearing a gluten-free claim labeled must meet the requirements of the agency's gluten-free labeling rule.FDA has defined rules for the free food product.
The growing awareness among people, increasing health-conscious consumers that are increasingly heavy demand free from food products in the market. The top leading food industries have already launched their products while local firms also entering the competition this is the reason there is a strong rivalry between top leading firms and local firms.
Food Manufacturers, Dairy manufacturers, Agricultural Firms, Regulatory bodies, Distributor/wholesaler/suppliers, Downstream vendors and Potential investors
Major Objectives Focused through this Study
To define, describe, and forecast the Global Free From Food market on the basis of product [Lactose-free (Dairy-free), Trans-free, Gluten-Free, Sugar-free, Calorie Free, Allergen-free and Others] , application [Bakery and Confectionery, Dairy-free Foods, Snacks and Beverages], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Free From Food market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Free From Food industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are GO Veggie (United States) and Genius Gluten Free (Scotland).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Free From Food market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.