The global gluten-free soup market is set to witness growth at a CAGR of 7.3% and is anticipated to reach a valuation of around US$ 4.6 Bn by 2032. As per a survey conducted by the Food Marketing Institute, over 80% of the population need access to thorough and ‘easy-to-understand’ ingredient lists on their labels.
As a result, numerous food firms have pioneered the practice of providing extensive insights into its formulation, particularly when selling ‘Free-from’ products like gluten-free soups. As per the study, key companies are implementing strategies such as the Hazard Analysis and Critical Control Point System (HACCP).
These strategies are expected to ensure that no gluten contamination occurs during the production, packaging, or storage processes of food items thus boosting the gluten free soups market.
To remain ‘ahead’ of your competitors, request for @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14473
Key Takeaways from Market Study
•The global gluten-free soup market is anticipated to reach a valuation of around US$ 2.3 Bn by the end of 2022
•Based on form, solid form is anticipated to account for over 50% of the market share over the forecast period.
•North America gluten-free soup market is expected to witness growth at 6.9% CAGR during the forecast period.
•In terms of sales channel, offline sales channel is projected to account for maximum share in the coming years
•East Asia is anticipated to emerge as a prominent region for gluten-free soup market in the forecast period
“Production of packaged dried soup by manufacturers is anticipated to increase the shelf life of gluten-free soup. This will boost the demand for gluten free soup in the market,” says a Future Market Insights analyst.
Competitive Landscape
Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-14473
The gluten-free soup market is fairly fragmented due to the presence of multinational companies like The Campbell Soup Company, ConAgra Brands Inc, The Kraft Heinz Company, Barilla Holdings among others.
Moreover, they are updating their current portfolio as per the shifting demand of consumers for gluten-free food items along with inorganic strategies like partnerships and collaborations:
Porter & Nash, a vegan soup and gravy company, has launched sauces, soups and gravies which are gluten-free, containing kombu seaweed that are suitable for vegans
Campbell Soup Co. acquired Pacific Foods to diversify its soup portfolio specially in the gluten free food sector in order to cater the rising interest of consumers regarding their wellbeing and health
Order a Complete Research Report: https://www.futuremarketinsights.com/checkout/14473
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global gluten-free soup market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on form (liquid form and solid form), category (vegetarian and non-vegetarian), packaging (canned, pouched and other packaging), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.
The global almond milk market is set to reach US$ 5 Bn. With sales growing at a 8.8% CAGR, pushing the market size to US$ 11.9 Bn by 2032.
Increasing demand for dairy alternatives across the globe due to high prevalence of lactose-intolerance among individuals across the globe is expected to drive sales in the market over the forecast period.
Almond milk has a creamy and nutty texture, contains high amounts of calcium and vitamins and can be used in a wide variety of dishes. Rising awareness of the health benefits of almond milk is making it a preferred choice among health-conscious consumers.
The almond milk market is one of the fastest-growing non-dairy and vegan milk segments. Consumers are seeking high-quality, premium-brand, nutritious dairy products, which is compelling manufacturers to launch innovative and premium-label products. This is expected to augment demand in the market over the forecast period.
“Growing preference for organic and non-GMO food and beverages across the globe, along with increasing sales of dairy alternatives through online channels will drive the market over the forecast period,” says an FMI analyst.
Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14557
Key Takeaways:
- Sales of almond milk in China are expected to grow at a CAGR of 8.8% during the forecast period.
- Demand for almond milk in the U.S. market will increase at a 7.7% CAGR over the assessment period.
- Based on end use, demand in the food & beverage sector will continue gaining traction through 2032.
- In terms of distribution channel, the online stores segment will account for a lion’s share of the almond milk market.
- In 2022, the powder sub-segment is projected to account for a dominant share in the market.
Competitive Landscape
Some of the key players operating in the almond milk market include Daiya Foods Inc., Hain Celestial Group, Whitewave Foods, Sunopta Inc., Blue Diamond Growers, Galaxy Nutritional Foods, Inc., Tofutti Brands Inc, Califia Farms LLC, Earth’s Own Food Company Inc., Hiland Dairy Foods, Malk Organics LLC, Pacific Foods of Oregon LLC, etc.
Almond Milk Market by Category
By Type:
- Plain
- Flavoured
By Category:
- Organic
- Conventional
By Packaging Type:
- Carton
- Glass
- Others
By Application:
- Beverages
- Frozen Desserts
- Personal Care
- Others
By Distribution Channel:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online Stores
Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-14557
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
- Global Almond Milk Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Bn) & Volume (MT) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Bn) & Volume (MT) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
- Global Almond Milk Market Analysis 2017-2021 and Forecast 2022-2032, By Nature
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Bn) & Volume (MT) Analysis By Nature, 2017-2021
5.3. Current and Future Market Size Value (US$ Bn) & Volume (MT) Analysis and Forecast By Nature, 2022-2032
5.3.1. Organic
5.3.2. Conventional
5.4. Y-o-Y Growth Trend Analysis By Nature, 2017-2021
5.5. Absolute $ Opportunity Analysis By Nature, 2022-2032
TOC Continue…
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers, Dubai
United Arab Emirates