Market Size of South America Free From Food Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Free from Food Market Analysis
- South America free from food market is expected to grow with a CAGR of 7.00% during the forecast period (2020 - 2025).
- The South American market is expected to be dominated by a huge aging population in the near future, leading to a predicted surge in the number of diseases, such as food allergies and a rise in gluten and lactose intolerance. Access to diagnosis in the region is restricted and access to care is highly variable, particularly in regard to urban vs. rural settings, which is making the population shift more toward healthy eating, thus driving the growth of free-from products in the market.
- Additionally, the demand for the dairy-free market is growing, owing to the increasing demand for low-calorie, dairy-free milk, and milk-based products among lactose-intolerant, health-conscious, and vegan consumers.
- Vast opportunities for free-from food are hence, anticipated to exist in the region as brands are compelled to meet consumer demands for clean, simple, and safe products.
- Brazil accounted for the largest share of the market for free-from food products in South America as the growing middle-class population has fueled a change in the traditional buying pattern.
South America Free from Food Industry Segmentation
South America free from food market is segmented by type into gluten free, dairy free, allergen free, and other types. By the end product, the market is segmented into bakery and confectionery, dairy free foods, snacks, beverages, and other end products. Based on the distribution channel, the market is classified as supermarkets/hypermarkets, online retail stores, convenience stores, and other distribution channels. The market is also segmented by geography into Brazil, Argentina, and the Rest of the South America region.
By Type | |
Gluten Free | |
Dairy Free | |
Allergen Free | |
Other Types |
By End Product | |
Bakery and Confectionery | |
Dairy Free Foods | |
Snacks | |
Beverages | |
Other End Products |
By Distribution Channel | |
Supermarkets/Hypermarkets | |
Online Retail Stores | |
Convenience Stores | |
Other Distribution Channels |
Geography | |
Brazil | |
Argentina | |
Rest of South America |
South America Free From Food Market Size Summary
The South America free-from food market is poised for significant growth, driven by an aging population and a rising prevalence of food allergies, gluten, and lactose intolerance. The region's limited access to diagnosis and variable healthcare availability, especially between urban and rural areas, is prompting a shift towards healthier eating habits. This shift is fueling the demand for free-from products, including dairy-free options, which are increasingly sought after by lactose-intolerant, health-conscious, and vegan consumers. Brazil leads the market, with its expanding middle class altering traditional purchasing patterns. The market's growth is further supported by the demand for clean, simple, and safe food products, as brands strive to meet evolving consumer preferences.
In Argentina, favorable government legislation surrounding dietary supplements and functional foods is fostering market expansion. The country's regulatory environment is less bureaucratic compared to other South American nations, benefiting local firms. Gluten-free products, labeled 'sin T.A.C.C.', and almond-based milk beverages are gaining traction due to their health benefits. The market for rice- and coconut-based dairy alternatives is also expected to grow rapidly. Despite the rising demand for gluten-free, organic, and functional foods, high prices limit accessibility for many consumers in Brazil. However, increasing awareness and demand for lactose-free milk are driving market growth, as manufacturers respond with health-oriented products. Global companies are expanding their presence in emerging economies, catering to the growing income levels and health-conscious consumer base, while domestic and private-label brands gain traction due to their affordability and use of local ingredients.
South America Free From Food Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Gluten Free
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2.1.2 Dairy Free
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2.1.3 Allergen Free
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2.1.4 Other Types
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2.2 By End Product
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2.2.1 Bakery and Confectionery
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2.2.2 Dairy Free Foods
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2.2.3 Snacks
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2.2.4 Beverages
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2.2.5 Other End Products
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2.3 By Distribution Channel
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2.3.1 Supermarkets/Hypermarkets
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2.3.2 Online Retail Stores
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2.3.3 Convenience Stores
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2.3.4 Other Distribution Channels
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2.4 Geography
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2.4.1 Brazil
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2.4.2 Argentina
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2.4.3 Rest of South America
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South America Free From Food Market Size FAQs
What is the current South America Free From Food Market size?
The South America Free From Food Market is projected to register a CAGR of 7% during the forecast period (2024-2029)
Who are the key players in South America Free From Food Market?
Lactalis, Brazi Bites, Bob’s Red Mill Natural Foods, Jussara SA and Danone SA are the major companies operating in the South America Free From Food Market.