South America Gluten Free Foods & Beverages Market - Growth, Trends, and Forecast (2020 - 2025)

South America Gluten-Free Foods & Beverages Market is projected to grow at a CAGR of 5.7% during the forecast period, 2020 - 2025.

• Gluten-free products are believed to clear digestive ailments, lower cholesterol levels, and reduce fats levels, which eventually is expected to drive the demand during the forecast period. The easy availability of products in almost all grocery stores is expected to have a significant impact on market growth.
• Brazil represents the largest and the fastest-growing market for gluten-free foods & beverages in South America, cornering an estimated share of over 50% in 2017.

Key Market Trends

Rising Demand for Organic Beverages

The market for gluten-free foods & beverages has undergone a radical change from specialty niche products to mainstream products. Millions of individuals in South America have started consuming gluten-free products, not only because of being diagnosed with celiac disease but also because of a general perception of maintaining better health. A current trend towards gluten-free product consumption has given further impetus to the healthy and organic foods & beverages industry.

Brazil Dominates the Market Studied

Brazil in the South American region is experiencing a high demand for gluten-free beverages followed by Argentina owing to a shift in consumers’ food consumption trend and inclination towards a healthy lifestyle. In Brazil consumers also have favorable perceptions about healthy gluten-free food products, which is likely to boost the market growth. The favorable regulatory framework and initiatives to promote a gluten-free diet by the U.S. Food and Drug Administration (FDA) and subsidy allocations are anticipated to boost the regional market over the forecast period.

Competitive Landscape

The 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 South America gluten-free foods & beverages market are Bob's Red Mill, Molinos Río de la Plata, Dr. Schar, General Mills Inc., Quinoa Corporation among others.

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