Argentina Gluten-free Food & Beverages Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Argentina Gluten-free Food & Beverage Market is projected to attain a CAGR of 8.56% during the forecast period of 2020-2025.
Key HighlightsThe increasing consumption of healthy food among the health conscious consumers is boosting the demand for gluten free food and beverage products across the country. Global manufacturers are highly investing in R&D sector in order to cater growing demand for gluten free products. Also, companies are focusing on new product launches in order to maintain their customer base. Product promotion through various channels is also influencing the market growth. Furthermore, the increasing demand for gluten free alcoholic beverages is further boosting the growth of gluten free beverages.
Rising Demand for Organic and Fresh FoodsThe growing use of synthetic chemical fertilizers and pesticides in food products often leads to several health issues including Cancer, Obesity, and other birth defects in Argentina. As a result, many farmers are using pesticides and fertilizers with strong chemical compositions to increase the yield of the plants. Such a growing number of health problems has made more consumers aware of the ingredients, further, driving the consumption of organic foods among these consumers. This will further drive the organic fresh food market in the country during the forecast period.
Competitive LandscapeThe market for gluten-free beverages has undergone a radical change from being considered specialty niche products to mainstream products. The market is highly competitive, with innovation in products being a major strategic approach adopted by leading players. Some of the major players in the Argentina gluten-free foods & beverages market are Bob's Red Mill, Molinos Río de la Plata, Dr. Schar, General Mills Inc., Quinoa Corporation among others.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook