Canada Gluten-Free Foods & Beverages Market Revenues to Reach USD 791 Million by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence

Hyderabad, Aug. 04, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled "Canada Gluten-Free Foods & Beverages Market Report (2023-2028)," the market is estimated at USD 512.45 million in 2023. It is expected to register a CAGR of 9.07% during the forecast period.

Gluten-free food and beverages refer to products that do not contain gluten and are available in processed or whole forms. Gluten-free food and beverages are growing in popularity due to the increasing trend among consumers to include gluten-free products in their regular diet. The increasing awareness of celiac and other immunity-related diseases has increased the demand for these products.

Report Summary:

Who are the Top Companies in the Canada Gluten-Free Foods & Beverages Market?

The Canadian gluten-free foods and beverages market is highly competitive, consisting of various private and international brands. The market players are adopting strategies like new product launches and mergers and acquisitions to cater to a wider consumer base and improve their market presence.

Significant players in the Canadian gluten-free foods and beverages market are,

• Nestlé SA
• General Mills Inc.
• Conagra Brands Inc.
• Kinnikinnick Foods Inc.
• Grupo Bimbo
• Bob's Red Mill Natural Foods
• Nature's Path Foods (Envirokidz Cereals)
• The Hain Celestial Group
• The Kellogg's Company
• PepsiCo Inc.
• Riverside Natural Products (Good To Go)
• Dainty Rice
• NEX-XOS
• The Good Flour Corp.
• Ardent Mills

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Key Highlights from the Canada Gluten-Free Foods & Beverages Market Report:

Growing Demand for Clean Label and Free-from Gluten-free Products

• Consumers are becoming aware of the adverse health effects of gluten grains like wheat and barley. Therefore, they are opting for organic, natural, and clean-label products, thereby increasing the demand for gluten-free food.
• The rising cases of celiac disease are also boosting the demand for gluten-free food products. Therefore, consumers are investing in free-from food and beverages.

Bakery Segment to Drive the Market

• The demand for gluten-free food has increased due to the increase in demand for gluten-free baked products. Bakery products are a staple diet among Canadians. The convenience and nutrition profile associated with them are factors driving their demand in the market. Therefore, due to growing consumer awareness of consuming gluten-free baked goods, such bakery products are expected to witness market growth.
• Various associations in Canada are introducing programs to maintain the diet of Canadian consumers, thereby providing opportunities for the gluten-free bakery products market.

What are the Latest Developments in the Canada Gluten-Free Foods & Beverages Market?

• In February 2023, NEX-XOS released OBAR by OMEALS, a daily snack bar, which is a meal replacement or nutrition bar. The OBAR daily bars contain various nutrients and are plant-based, allergen-free, gluten-free, and non-GMO.
• In January 2023, The Good Flour Corp. began developing Patty Cakes, which the company claims are gluten and allergen-free protein pancake mixes made especially for children.

Mordor Intelligence has Segmented the Canada Gluten-Free Foods & Beverages Market Based on Type and Distribution Channel:

• By Type (Market Size and Forecast based on Value (USD billion), 2018-2028)
  • Beverages
  • Bakery Products
  • Savory Snacks
  • Dairy and Dairy-free Food
  • Meats and Meat Substitutes
  • Other Types
• By Distribution Channel (Market Size and Forecast based on Value (USD billion), 2018-2028)
  • Supermarkets/Hypermarkets
  • Online Retail Channel
  • Convenience/Grocery Stores
  • Other Distribution Channels

In a nutshell, the Mordor Intelligence market research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the Canada Gluten-Free Foods & Beverages Market Report (2023-2028).

Mordor Intelligence constantly tracks industry trends. Some relevant market reports from the analysts that might be of interest to you:

• Gluten-Free Desserts and Ice Creams Market Report - The gluten-free desserts and ice creams market is expected to register a CAGR of 6.20% during the forecast period (2023-2028).
• Gluten-Free Pasta Market Report - The gluten-free pasta market is expected to register a CAGR of 9.78% during the forecast period (2023-2028).
• Wheat Gluten Market Report - The wheat gluten market is expected to register a CAGR of 8.21% during the forecast period (2023-2028).

About Mordor Intelligence:

Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.

Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.

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• Canada Gluten-Free Foods & Beverages Market - Mordor Intelligence