According to Mordor Intelligence, the Compound Annual Growth Rate (CAGR) for gluten free beverages is 13.72% for years 2019-2024. This suggests growth is still coming for the sector. While western Europe and the United States are always large markets for fermented beverages, as much as 25% of global market demand comes from China alone. With a high preference for gluten free offerings, many see the Asian-Pacific Region as the forefront of gluten free beverage growth.
Although the large populations and economic growth of China and India offer untold capitalistic opportunity, a stigma on alcoholic consumption may temper that growth by way of government regulation. Local jurisdictions have been known to implement restrictions and taxes with little or no notice, leaving establishing companies to adapt quickly. Indonesia, Singapore, Malaysia or Vietnam may or may not offer more political stability, but all have great export potential.
Other economically developing continents, such as Africa and South America show potential demand for Gluten Free products, based on cultural diets and raw material availability. With transportation costs rising and logistical problems compounding, there is great benefit to locally sourced cereal grains in these areas. Traditional GF grains like Millet and Sorghum dominate these areas currently, however there are some unusual outliers such as Teff, Cassava Root, Banana and Plantain. Agriculture can be unpredictable without sound infrastructure, so make what you can!