Guest guest Posted July 10, 2006 Report Share Posted July 10, 2006 Jul 6, 2006 10:06 ET Gluten-Free Foods and Beverages - the $1.7 Billion Natural Foods 'Niche' Market NEW YORK, July 6 /PRNewswire/ -- A decade ago, few had heard of gluten- free foods and celiac disease was barely on the radar. Now, with proposed FDA regulations for gluten-free labeling just around the corner and estimates of 3 million Americans battling celiac disease, this " niche " market is growing by leaps and bounds, with sales of gluten-free products expected to top $696 million in 2006, according to Gluten-Free Foods and Beverages, a new report from market research publisher Packaged Facts. With anticipated growth of 25% annually over the next four years, Packaged Facts projects that the gluten-free market will reach $1.7 billion by the end of 2010 after beginning the decade at a mere $210 million in 2001. Heavy internal and internet promotion among celiac support groups and the availability of gluten-free products at specialty and online stores have helped bring gluten-free into the limelight. Sales growth in health/natural foods stores -- which at 40% of overall sales account for the lion's of the market -- as well as supermarkets and mass merchandisers is well noted, as many retailers have set aside entire store sections for gluten-free products. " Gluten-free is not going away. Once a person is diagnosed with celiac disease the only way to prevent it is to stay on a gluten-free diet, " notes Don Montuori, the publisher of Packaged Facts. " With as many as 97% of celiacs remaining undiagnosed, this remains a largely untapped market that will continue to evolve as more people are diagnosed and more innovative gluten- free products are made available. " Source: Packaged Facts Web site: http://www.packagedfacts.com/ http://www.packagedfacts.com/pub/1299596.html http://www.marketresearch.com/ Quote Link to comment Share on other sites More sharing options...
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