Canada Gluten Free Foods & Beverages Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Canada gluten-free foods & beverage market is projected to grow at a CAGR of 9.1% during the forecast period (2020-2025).
Key HighlightsGluten-free is the fastest-growing among the overall free-from categories, indicating that the market has an immensely strong potential over the coming years. Associations like Health Canada are also playing a prominent role in maintaining the diet patterns of the country, which has extended the opportunities for the gluten-free pasta market in the country. The Health Canada Association also keeps a close watch on the circulation of the gluten-free product in the local market and constantly plays an important role, by reviewing the regulatory requirements surrounding the gluten-free category keeping a close check on the purity and safety of ingredients being incorporated into the produces.
Supermarket/Hypermarket are the Leading Distribution ChannelOwing to a huge retail space catering to a wide variety of preferences, the supermarkets/ hypermarkets are dominant distribution channels for the sales of gluten-free foods and beverages across Canada. The business expansion and rising number of hypermarkets and supermarkets add to the sales of these retail formats and significantly contribute to the market studied. Additionally, all flavors and varieties of free-from foods and beverages are placed on the same shelf. Thus it becomes convenient for the consumers to select and buy the specific flavor and variety of food-based on their taste and preference.
Competitive LandscapeThe market is highly competitive, with a prominent presence of private label brands, and highly fragmented. The regional players such as Grupo Bimbo and Kinnikinnick Foods Inc. holds a significant share of the market. New product launches, mergers and acquisitions, and expansions are the major strategies adopted by the companies in this market. Owing to the rapidly developing nature of the market, new product innovation has become the most commonly used strategy, among all.
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