MARKET INTRODUCTION
Free from food products are the products in which specific ingredients are removed to make them healthier and safer for consumption. They can be any products like dairy-free, sugar-free, carb-free, lactose-free, artificial ingredient-free food, or egg-free depending upon the purpose for which they are produced. However, the consumption of free from dairy and free from gluten foods is not only limited to nutritional needs. Still, it is also gaining importance, owing to issues related to intolerance or allergies. Dairy-free products can be referred to as the milk products produced by vegan alternatives. Also, soy, rice, almond, coconut, and even hemp seed milk are the popular dairy-free products that are dominating the dairy-free segment.
MARKET DYNAMICS
The free from food market has witnessed a significant growth owing to factors such as increase in health consciousness among consumers. Moreover, surge in disposable income, improvement in living standard, rise in health expenditure, and large-scale promotion of organic foods owing to their benefit, such as their chemical-free nature, drive the growth of free from food market. However, lack of awareness, especially in developing economies, toward the benefits offered by gluten-free, lactose-free, and dairy-free products and their high cost as compared to conventional products is projected to hamper the overall growth of the free from food market.
MARKET SCOPE
The ?Global Free from Food Market Analysis to 2027? is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the free from food market with detailed market segmentation type, distribution channel, and geography. The global free from food market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading free from food market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global free from food market is segmented on the basis of type and distribution channel. On the basis of type, the global free from food market is divided into dairy-free, sugar-free, carb-free, lactose-free, artificial ingredient-free food, and others. On the basis of distribution channel, the global free from food market is divided into supermarket & hypermarket, specialty stores, online retail stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global free from food market based on various segments. It also provides marketsize and forecast estimates from the year 2018to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The free from food market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the free from food market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the free from food market in these regions.
MARKETPLAYERS
The reports cover key developments in the free from food market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from free from food market is anticipated to lucrative growth opportunities in the future with the rising demand for free from food in the global market. Below mentioned is the list of few companies engaged in the free from food market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the free from food market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cargill Inc.
- Chr. Hasen A/S
- Corbion Inc.
- Dupont
- General Mills, Inc.
- Ingredion Incorporated
- Kellogg Company
- Kerry Group PLC
- The Hain Celestial Group, Inc.
- The Kraft Heinz Company