date:Jun 13, 2012
The government said the investment is intended to help the gluten-free food industry keep up with growing market demand by removing the risk of gluten contamination in grains, packaging materials and bakery products. According to market research organization Packaged Facts, the market for gluten-free products has grown faster than expected, and it valued the market at $2.64bn in 2010 a compound annual growth rate (CAGR) of 30% from 2006 to 2010.
Announcing the investment on behalf of agricultu