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Packaged Facts projected sales will exceed $2 billion in 2019.
January 21, 2015
By: Sean Moloughney
Editor
The gluten-free market is cementing its staying power as more than a mere dietary fad and continues to make national headlines, including a recent announcement by popular foodservice chain Pizza Hut that it will begin offering gluten-free pizza. In the retail sector, sales of gluten-free foods posted an impressive compound annual growth rate (CAGR) of 34% over the five-year period ended in 2014, when market sales reached $973 million, according to market research publisher Packaged Facts in the recently released report “Gluten-Free Foods in the U.S., 5th Edition.” The report can be obtained by visiting: www.packagedfacts.com/Gluten-Free-Foods-8108350. “Retailers have embraced the gluten-free trend by stocking more gluten-free items, featuring them in store, and launching their own private label brands. In addition, retail chains have been courting the gluten-free consumer with a variety of festivals and events,” said Packaged Facts Research Director David Sprinkle. Packaged Facts’ July/August 2014 survey data reveals that more than a third of consumers claim gluten-free/wheat-free is an important factor when they are shopping for food. In addition, a quarter of survey respondents had purchased or used food products labeled gluten-free in the three months prior to the survey. Looking ahead, the gluten-free market’s momentum isn’t expected to wane anytime soon. Packaged Facts projects sales will exceed $2 billion in 2019. “Gluten-Free Foods in the U.S., 5th Edition” highlights several key factors favoring continued growth in the market, including:
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