U.S. Gluten Free Food Market Expected to Exceed $11 Billion By 2026

PALM BEACH, Fla., April 12, 2022 /PRNewswire/ — FinancialNewsMedia.com Information Commentary – The rising prevalence of illnesses owing to unhealthy life is predicted to drive the demand for gluten-free merchandise within the coming years. Consumption of wholesome meals merchandise to be able to forestall well being issues, resembling coronary heart illnesses, diabetes, weight problems, power pulmonary illness, and metabolic syndrome is predicted to drive the expansion of this market. The outbreak of the COVID-19 pandemic has exponentially impacted the utilization of gluten-free merchandise as a consequence of rising well being, and wellness-related issues among the many customers. Gluten is the protein present in grains resembling rye, barley, wheat, and triticale. Meals with gluten trigger meals intolerance for customers who’ve celiac illness, an autoimmune and inherited dysfunction by which gluten weakens the small gut. Consultants estimate that Celiac illness impacts 1% of wholesome individuals in the USA. Which means a minimum of 3 million individuals in the USA have celiac illness, with 97% of them undiagnosed. In the USA, individuals eat gluten-free meals to deal with individuals with celiac illness or individuals with out this situation for its supposed well being advantages. As per a report from RESEARCHANDMARKETS, the USA Gluten Free Meals Market will attain USD 11.4 Billion by 2026.  The report mentioned: “The U.S. Gluten-Free Market is segmented into Bakery Merchandise, Dairy/ Dairy Options, Meats/ Meats Options, Condiments, Seasonings, Spreads, Desserts & Ice-Lotions, Ready Meals, Pasta and Rice And so forth. Amongst these, bakery and dairy options are essentially the most most well-liked for the gluten-free eating regimen. Because of the rise in celiac illness in United States, the baking trade is specializing in gluten-free merchandise. American consuming habits are altering on a regular basis; they’ve fashioned unfavourable opinions relating to numerous substances at present in use, leading to elevated demand for gluten-free bakery merchandise and dairy options. Additional, it’s anticipated that the USA Gluten Free Trade will develop with a CAGR of 10.10% throughout 2020-2026.”  Lively corporations within the markets this week embrace The Good Flour Corp. (OTCQB: GFCOF) (CSE: GFCO), The Kroger Co. (NYSE: KR), The Kraft Heinz Firm (NASDAQ: KHC), Kellogg Firm (NYSE: K), RiceBran Applied sciences (NASDAQ: RIBT).

RESEARCHANDMARKETS continued: “In U.S, those that are unable to tolerate gluten on a organic stage usually eat Gluten-free meals. Along with this, individuals choose to observe a gluten-free eating regimen for a nutritious diet. In line with style and consumption, grocery shops, mass merchandisers, impartial pure or well being meals shore membership shops, drug shops all have giant styles of gluten merchandise. American individuals largely choose grocery shops for buying gluten-free merchandise due to ease in finding retailers, availability of a number of items classes, and common shopping for locations. In line with the writer, the USA Gluten Free Product Market Dimension was valued US$ 6.4 Billion in 2020.  In the USA, elements just like the elevated variety of celiac illness and the excessive incidence of autoimmune issues gasoline the gluten-free items market growth. Authorities makes an attempt to advertise the consumption of wholesome meals and elevated advertising and marketing exercise anticipated to propel the trade ahead, along with growing spending on analysis and improvement to increase the shelf lifetime of gluten-free probiotics are fueling market development.”

The Good Flour Corp. (OTCQB: GFCOF) (CSE: GFCO) BREAKING NEWS:  The Good Flour Corp. Supplies Replace on New Manufacturing Facility – The Good Flour Corp. (“GFCO”) is happy to supply an replace on its new 8,000 sq. foot manufacturing facility in Burnaby. The Metropolis of Burnaby has not too long ago issued a Certificates of Completion for the development work on the facility, which is likely one of the remaining main milestones previous to operations, that are focused to start in Might. As well as, GFCO anticipates receiving its totally automated manufacturing line from Paxiom Inc., of Montreal, Quebec, within the first week of June, and goals to be operational, publish validation, by July of this yr.

“I’m happy to that the corporate is progressing on all ranges with the completion and setup of our new gluten-free facility in Burnaby, BC,” defined Matthew Clayton, CEO. “We anticipate having our dry-goods manufacturing start throughout Might and shall be using our present semi-automated tools and manufacturing line.”

As soon as operational, the automated manufacturing line from Paxiom Inc. will improve GFCO’s output by a a number of of eight to 10 instances relying on the product sku, and produce as much as 2500 luggage an hour. GFCO expects {that a} single shift will have the ability to generate an annual $5 million retail worth in product with a single day by day shift and an annual $10 million retail worth in product with two day by day shifts. It will tremendously broaden GFCO’s capability to serve and broaden its foodservice and retail shoppers within the Canadian and United States markets.  GFCO may also proceed to function from its present manufacturing facility, however will make tools adjustments and focus totally on its baked line of gluten-free buns and pizza shells for its rising buyer base.   CONTINUED… Learn The Good Flour Corp. full press launch by going to:  https://investors.goodflour.co/blogs/news

 Further current developments within the markets this week embrace:

Kellogg Firm (NYSE: K) not too long ago announced that it’s going to host a dwell audio webcast of its 2022 Annual Assembly of Shareowners. Presentation slides shall be accessible for viewing and obtain.

Steve Cahillane, Kellogg Firm Chairman and Chief Government Officer shall be talking on behalf of Kellogg Firm. Included shall be a query and reply session with confirmed shareowners attending just about by way of safe on-line portal.

Dwell webcast and slides accessible at https://investor.kelloggs.com

Rebroadcast accessible at https://investor.kelloggs.com

The Kroger Co. (NYSE: KR) not too long ago announced at its 2022 Enterprise Replace in Orlando it would provide extra Individuals supply by the addition of spoke amenities in Austin and San Antonio, TX and Birmingham, AL powered by the Kroger Success Community and Ocado Group (OCDO). As a continuation of Kroger’s profitable entry into Florida in 2021 with out bodily shops, the brand new Texas and Alabama amenities will function new geographies for the group, bringing innovation and fashionable e-commerce to the cities and increasing the grocery store’s attain and talent to supply clients something, anytime, wherever.

“Kroger right this moment appears very completely different than it did in 1883 after we opened our first retailer. However the core ideas that made that retailer profitable – service, choice, worth, and our dedication to our clients – stay the bedrock of our enterprise,” mentioned Rodney McMullen, Kroger’s chairman and CEO.

“I am extremely excited for the way forward for Kroger, and each thriving bodily shops and digital options are a part of it. We proceed to really feel nice in regards to the momentum we’re experiencing with Kroger Supply and our partnership with Ocado, supporting Kroger in strategically leveraging our distinctive belongings to broaden in current areas, together with Atlanta, Cincinnati and Dallas, in addition to enter into new geographies like Austin, Birmingham, Cleveland, Oklahoma City, Orlando, San Antonio, South Florida, and the Northeast by a versatile community of in a different way sized, high-tech amenities operated by pleasant and educated associates,” continued McMullen.

RiceBran Applied sciences (NASDAQ: RIBT), a worldwide chief within the improvement and manufacture of dietary and practical substances derived from rice and different small and historical grains for human meals, nutraceutical, pet care and equine feed functions, not too long ago announced monetary outcomes for the fourth quarter and yr ended December 31, 2021.

“We overcame a difficult surroundings in 2021 to efficiently broaden our addressable market and ship vital enchancment in each monetary metric,” mentioned Government Chairman Peter Bradley. “We enhanced our value-add presence within the nutraceutical and wellness markets and made vital inroads for our core-SRB merchandise within the companion animal market. These accomplishments will help accelerated development, improved capability utilization, and margin growth in 2022, and with sustainable working enhancements in our milling operations, offers us optimism that we’ll transition to constructive adjusted EBITDA (non-GAAP*) in 2022.”

The Kraft Heinz Firm (NASDAQ: KHC) not too long ago announced that it’s going to launch its first quarter 2022 monetary outcomes on Wednesday, April 27, 2022. A press launch and supplemental supplies, together with a pre-recorded administration dialogue, shall be issued earlier than the market opens. Kraft Heinz administration will then host a dwell question-and-answer session with analysts starting at 9:00 a.m. Japanese Daylight Time.

The earnings launch, supplemental supplies, and audio of Kraft Heinz’s question-and-answer session might be accessed at ir.kraftheinzcompany.com. A replay shall be accessible following the occasion by the identical web site.

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