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Food Market Size to Grow by USD 35.59 Bn

jennifer by jennifer
October 13, 2022
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The “Free-From Food Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offerings. The market size is expected to grow by USD 35.59 billion from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 6.40% during the forecast period. The growing demand for gluten-free bakery products is driving the free-from food market growth. However, factors such as the high price of free-from food products may challenge market growth.

North America will account for 37% of the market’s growth during the forecast period. This growth is attributed to factors such as the increasing diabetic population. North America is expected to offer several growth opportunities to market vendors. Moreover, the US is the key country for the free-from food market in North America. The growth of the market in the region is expected to be faster than the growth of the market in Europe, South America, and the Middle East and Africa. However, APAC is anticipated to grow at a faster rate than that of North America during the forecast period.

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