Free-from Foods Market Growth Underpinned by Demand for Organic Products: Fact.MR
Major free-from foods producers are investing increasingly in research & development to transform their existing product lines towards allergen-free ingredients in addition to collaborations with third-party retailers.
ROCKVILLE, MD / ACCESSWIRE / October 12, 2020 / The free-from foods market is set to witness growth at a 6% CAGR over the assessment period, 2020-2030. The growth can be primarily attributed to the expansion of the global processed food industry.
“Investments in label claims and certifications are slated to majorly benefit market incumbents in the free-from foods market. Further, this is anticipated to assist producers in limiting regional trade compliances” says the Fact.MR report.
Free-from Foods Market – Key Takeaways
- By product, the GMO-free foods hold a substantial proportion of the global market size during 2020-2030.
- Based on nature, the conventional category will exhibit dominance over the forecast period.
- Hypermarkets & supermarkets sales channel will assist the global market growth foreseen