Global Gluten-free Beverages Market is projected to grow at a CAGR of 9.2% forcasted for period from 2024 to 2031
The "Gluten-free Beverages Market" has experienced impressive growth in recent years, expanding its market presence and product offerings. Its focus on research and development contributes to its success in the market.
Gluten-free Beverages Market Overview and Report Coverage
Gluten-free beverages refer to drinks that do not contain gluten, a protein found in wheat, barley, and rye. This market is experiencing rapid growth due to the increasing awareness about gluten intolerance and celiac disease among consumers. The demand for gluten-free beverages is also being driven by the growing trend of healthy living and clean eating.
The future outlook of the Gluten-free Beverages Market looks promising as it is expected to grow at a CAGR of 9.2% during the forecasted period(2024 - 2031). The market is being fueled by the increasing number of consumers who are opting for gluten-free products as a part of their lifestyle choices. The market forecast indicates a rise in the availability of a variety of gluten-free beverage options such as non-alcoholic drinks, juices, smoothies, and energy drinks.
The latest market trends show an emphasis on the development of innovative and premium gluten-free beverage products to cater to the diverse tastes and preferences of consumers. Manufacturers are focusing on using natural ingredients and incorporating unique flavors to attract the health-conscious consumer base. Overall, the Gluten-free Beverages Market is poised for significant growth in the coming years, driven by the increasing demand for healthier and allergen-free beverage options.
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Market Segmentation
The Gluten-free Beverages Market Analysis by Types is segmented into:
Gluten-Free Carbonated BeveragesGluten-Free JuicesGluten-Free RTD Tea and CoffeeGluten-Free Functional Beverages
The gluten-free beverages market includes a variety of options such as gluten-free carbonated beverages, gluten-free juices, gluten-free ready-to-drink (RTD) tea and coffee, and gluten-free functional beverages. These beverages are specially formulated to cater to individuals with gluten intolerance or celiac disease. With the increasing demand for gluten-free products among health-conscious consumers, these types of beverages have gained popularity in the market as healthier alternatives to traditional drinks.
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The Gluten-free Beverages Market Industry Research by Application is segmented into:
Online RetailOffline Retail
Gluten-free beverages are available in both online and offline retail markets. Online retail provides customers with the convenience of shopping from home and accessing a wide variety of products. On the other hand, offline retail stores allow customers to physically browse and purchase gluten-free beverages. Both markets cater to the increasing demand for gluten-free products, offering a range of options for consumers looking for healthier and allergen-free beverage choices.
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In terms of Region, the Gluten-free Beverages Market available by Region are:
North America: United States Canada Europe: Germany France U.K. Italy Russia Asia-Pacific: China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America: Mexico Brazil Argentina Korea Colombia Middle East & Africa: Turkey Saudi Arabia UAE Korea
The gluten-free beverages market is witnessing significant growth due to the increasing prevalence of celiac disease and gluten intolerance among consumers in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Market opportunities in the United States, Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, and Brazil are driven by the demand for healthy and allergy-friendly drink options. Key players such as DR PEPPER SNAPPLE GROUP, General Mills, Kraft Heinz, PepsiCo, Red Bull, and THE COCA-COLA COMPANY are focusing on product innovation, strategic partnerships, and expansion in emerging markets to capitalize on this growing trend. Factors such as rising consumer awareness about gluten-free products, changing dietary preferences, and the availability of a wide range of gluten-free beverage options are contributing to the market's growth.
Gluten-free Beverages Market Emerging Trends
The global gluten-free beverages market is witnessing a surge in demand due to increasing awareness about gluten intolerance and celiac disease. Consumers are seeking healthier and alternative options to traditional beverages that contain gluten. As a result, innovative gluten-free beverages such as plant-based milk alternatives, fruit juices, and herbal teas are gaining popularity in the market. Additionally, there is a growing focus on clean label and organic ingredients in gluten-free beverages to meet the evolving consumer preferences. The market is also seeing a rise in convenient and on-the-go packaging for gluten-free beverages to appeal to busy lifestyles.
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Major Market Players
DR PEPPER SNAPPLE GROUPGeneral MillsKraft HeinzPepsiCoRed BullTHE COCA-COLA COMPANY
The global gluten-free beverages market is highly competitive with key players such as Dr. Pepper Snapple Group, General Mills, Kraft Heinz, PepsiCo, Red Bull, and The Coca-Cola Company dominating the market.
Dr. Pepper Snapple Group is a leading player in the gluten-free beverages market, offering a wide range of products that cater to different consumer preferences. The company has experienced significant market growth over the years due to its strong brand presence and innovative product offerings.
PepsiCo is another major player in the gluten-free beverages market, with a diverse product portfolio that includes brands such as Pepsi, Tropicana, and Gatorade. The company has been focusing on launching new products and expanding its distribution channels to capture a larger market share.
The Coca-Cola Company is a global leader in the gluten-free beverages market, known for its iconic brands such as Coca-Cola, Sprite, and Minute Maid. The company has been investing in research and development to introduce healthier beverage options to meet the changing consumer preferences.
According to market research reports, the gluten-free beverages market is expected to continue growing at a steady rate due to the increasing demand for healthier drinks among consumers. The market size is projected to reach USD 14.64 billion by 2026, with a CAGR of 9.1% during the forecast period.
In terms of sales revenue, PepsiCo reported total revenue of USD 70.37 billion in 2020, while The Coca-Cola Company reported total revenue of USD 33.01 billion. These figures highlight the strong market presence and financial performance of these key players in the gluten-free beverages market.
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