The Argentina gluten free food & beverages market size was around USD 17.86 Million in 2022 and is likely to reach USD 33.83 Million by 2031, expanding at a CAGR of 8.1% during the forecast period, 2023–2031. The market growth is attributed to the increasing shift of population in direction of healthy diets and the growing instances of various non-communicable diseases.
Gluten is a protein that is found naturally in various nutritious foods such as barley, triticale, wheat, and rye. It provides elasticity & moisture to the dough for further use to produce the products by transmitting chewy quality and holding on to the shape of the product. Gluten-free products are safe for various people, but people with gluten sensitivity & celiac disease should avoid these to prevent adverse health effects.
Gluten free foods & beverages are necessary for managing signs and symptoms of various medical conditions associated with gluten. It has various health benefits that include weight loss, increased energy, and improved health. It helps to decrease chronic inflammation and ease digestive symptoms. Gluten-free products help to control dermatitis herpetiformis.
The COVID-19 pandemic positively impacted on the Argentina gluten free food & beverages market. A significant growth in the adoption of gluten-free food is attributed to the rising preference towards healthy diets due to the increasing health and wellness-related concerns among the population during the COVID-19 pandemic.
Argentina Gluten Free Food & Beverages Market Dynamics
The Argentina gluten free food & beverages market report has up-to-date insights that help in formulating a strategic roadmap about the estimated market scenario and performance during 2023 to 2031.
What are the Drivers of the Argentina Gluten Free Food & Beverages Market?
Rising awareness regarding the consumption of healthy food among the health-conscious population is a major factor driving the market growth. Gluten-free food provides several health benefits, especially for those with celiac disease. It reduces chronic inflammation. Moreover, the growing prevalence of chronic diseases and the increasing diagnosis of various diseases and food allergies demand for healthy eating alternatives, which boosts the market.
What Restraints the Argentina Gluten Free Food & Beverages Market?
The lack of an adequate amount of dietary fiber in gluten-free products acts as a major factor that can hinder the growth of the market during the projected period. Lack of dietary fibers may lead to constipation and can increase the risk of obesity and metabolic syndrome, which may create reluctance among consumers for purchasing gluten-free products. Furthermore, gluten-free beverages are costly compared to regular beverages hamper the market growth.
What are the Opportunities in the Argentina Gluten Free Food & Beverages Market?
Increasing investment in research & development in gluten-free products is estimated to offer immense opportunities for the key players competing in the market. Thus, key players shifting their focus toward microencapsulation technology for improving the shelf life of gluten-free products. Furthermore, the rising demand for gluten free beer and alcohol fuels the market in the coming years.
Scope of Argentina Gluten Free Food & Beverages Market Report
The Argentina gluten free food & beverages market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
Argentina Gluten Free Food & Beverages Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Food Type (Bakery Products, Condiments, Dairy & Dairy Substitutes, Seasonings & Spreads, Meat & Meat Substitutes, and Others), Beverage Type (Alcoholic and Non-alcoholic), Distribution Channel (Specialty Stores, Convenience Stores, Pharmacies & Drugstores, Supermarkets/Hypermarkets, Online Retailers, and Others)
Company Share, Market Analysis and Market Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
Key Players Covered in the Report
General Mills Inc.; The Coca-Cola Company; PepsiCo; Boulder Brands Inc.; Bob’s Red Mill Natural Foods; Dr. Schär AG / SPA; Gluten Free Cornwall; Kelkin Ltd.; Prima Foods; Hero AG; Enjoy Life; and Freedom Foods Group Ltd.
Argentina Gluten Free Food & Beverages Market Segment Insights
Food Type Segment Analysis
Based on food type, the market is segmented into bakery products, condiments, dairy & dairy substitutes, seasonings & spreads, meat & meat substitutes, and others.The bakery products segment is projected to register a considerable CAGR during the projected period. Bakery products are consumed on a regular basis.
Gluten-free baked products are gaining traction due to their convenience and nutritional benefits. Thus, increasing awareness among consumers regarding celiac and various digestive health issues demands for gluten-free bakery products such as cookies and snacks, which further boost the market growth.
Beverage Type Segment Analysis
On the basis of beverage type, the market is bifurcated into alcoholic and non-alcoholic.The non-alcoholic segment is anticipated to grow at a significant pace in the coming years. Gluten-free product demand in Argentina has now widened beyond medical needs.
The segment growth is further attributed to the increasing demand for non-alcoholic gluten free energy drinks due to the growing health awareness among consumers. However, the alcoholic segment contributes to segment growth owing to the rising demand for gluten free alcoholic drinks.
Distribution Channel Segment Analysis
Based on distribution channel, the Argentina gluten free food & beverages market is fragmented into specialty stores, convenience stores, pharmacies & drugstores, supermarkets/hypermarkets, online Retailers, and others.The convenience stores segment is expected to expand at a significant growth rate during the projection period due to the availability of a wide range of products.
The segment growth is further attributed to the ease of accessibility and the expansion of convenience stores at a rapid pace. On the other hand, the specialty stores segment is anticipated to grow at a rapid pace during the assessment period owing to expertise in one type of food and focus on a single class type of products.
The Argentina gluten free food & beverages market has been segmented on the basis of
- The Coca-Cola Company
- General Mills Inc.
- Boulder Brands Inc.
- Bob’s Red Mill Natural Foods
- Dr. Schär AG / SPA
- Gluten Free Cornwall
- Kelkin Ltd.
- Prima Foods
- Hero AG
- Enjoy Life Foods
- Freedom Foods Group Ltd.
Key players competing in the Argentina gluten free food & beverages market are General Mills Inc.; The Coca-Cola Company; PepsiCo; Boulder Brands Inc.; Bob’s Red Mill Natural Foods; Dr. Schär AG / SPA; Gluten Free Cornwall; Kelkin Ltd.; Prima Foods; Hero AG; Enjoy Life; and Freedom Foods Group Ltd.
These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,
- In June, 2021, Ulrick & Short Limited launched functional flour named “fazenda nutrigel”. This gluten-free flour helps to improve the viscosity and texture of gluten-free bakery products.