See below for some interesting updates on the Gluten Free Market.
- The market for gluten-free food and beverage products grew at a compound annual growth rate of 28% from 2004 to 2008 to finish with almost $1.6 billion in retail sales last year (2008).
- Projections show that ensuing years will experience double-digit growth due to an overwhelming number of positive factors, the most important of which is the existence of more gluten-free products in stores through both product introduction and the conversion of existing products to gluten-free status.
- By 2012, the market is expected to reach about $2.6 billion in sales.
- The increased diagnosis of celiac disease has been a catalyst and driving force in the gluten-free food and beverage market, rescuing it from being generally regarded as a mere fad popular within the health conscious populace.
- To meet consumer demand, more than 225 marketers introduced new gluten-free products into the United States in 2008. From supermarkets with private-label brands to single product-line specialty marketers, every conceivable type of food and beverage marketer in the U.S. introduced new products into the market last year.