Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Anticipated Growth for the Gluten-Free Market - Nutraceuticals World

Anticipated Growth for the Gluten-Free Market

The market for gluten-free foods and beverages has continued to grow even faster than anticipated, according to ”Gluten-Free Foods and Beverages in the U.S.,” a new report by Packaged Facts. The market will reach $4.2 billion in 2012, for a compound annual growth rate of 28% over the 2008-2012 period. Within this diverse market, snack/granola bars are the leading category, at 15% of mass-market sales. While growth rates will moderate over the next five years in the wake of market expansion, Packaged Facts projects that U.S. sales of gluten-free foods and beverages will exceed $6.6 billion by 2017. An August 2012 consumer survey by Packaged Facts showed that 18% of adults are buying or consuming food products tagged as gluten-free, up from 15% in October 2010. Moreover, the share of gluten-free consumers who are buying more of these foods has skyrocketed, and the share of total shoppers who are buying more gluten-free foods has doubled. According to David Sprinkle, research director at Packaged Facts, “the conviction that gluten-free products are generally healthier is the top motivation for purchase of these products.” For more information: www.packagedfacts.com

 

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