Gluten-Free Products Market Size & Trends by Type (Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Meat Products, Convenience Meals, Others), Distribution Channel (In-Store, Non-Store) and Region – Forecast to 2030
/EIN News/ — New York, U.S., July 11, 2022 (GLOBE NEWSWIRE) — Market overview
According to a comprehensive research report by Market Research Future (MRFR), “Gluten-free products market Information by Category, Form, Application and Region – Forecast to 2030the market is expected to acquire a size of over $13.8 billion by the end of 2030. The report further predicts that the market will flourish at a healthy CAGR of over 9.6% during the period. of examination.
For people with gluten intolerance, gluten-free foods are produced. Celiac disease is another name for this disease. People with gluten intolerance experience immunological reactions due to their body’s inability to digest the chemical when they eat gluten-containing foods. The small intestine becomes inflamed when gluten is ingested, which can cause various health issues. As a result, the body cannot absorb many additional nutrients. The prevalence of gluten intolerance has increased over time in many places, which is expected to increase the demand for items made without gluten. Consumer awareness of celiac disease and gluten-free food products is increasing in developed countries, which is expected to advance the gluten-free food industry.
Gluten-free foods can lower cholesterol, promote weight loss, and stop fat absorption, among other health benefits. Most gluten-free products on the market are nutritious and aid in weight loss when combined with other foods in the proper amounts and combinations. Gluten-free foods are free of the protein “gluten”, which is present in cereals. Wheat, barley, rye and triticale are the four types of cereals with the most gluten (cross) protein. Its main function is to impart elasticity to dough, which is then used to create various products by adding fluffy texture and maintaining the shape of the products. However, this protein is not recommended for all consumers due to the potential for many health issues.
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|Market size 2030||$13.8 billion|
|Year of reference||2019|
|Forecast units||Value (USD billion)|
|Report cover||Revenue forecasts, competitive landscape, growth factors and trends|
|Segments Covered||By type, distribution channel, region|
|Geographical areas covered||North America, Europe, Asia-Pacific and Rest of the World (RoW)|
|Key Market Drivers||Growing consumption of healthy diet foods|
|Growing e-commerce market|
Market Competitive Landscape
Notable companies in the gluten-free market are:
- The Celestial Group of Hain
- Kellogg Company
- Mondelez International
- Boulder Brands, Inc.
- GeneralMills, Inc.
- The Kraft Heinz Company
- group of heroes
- freedom food
Covered USP market
The demand for gluten-free products is expected to rise due to the increased prevalence of celiac disease and other disorders brought on by unhealthy lifestyles. The demand for healthy food products to prevent diseases such as metabolic syndrome, diabetes, obesity, chronic lung disease, and heart disease is expected to fuel the expansion of the market. Interest in gluten-free products is expected to increase in both developed and emerging countries due to the growing prevalence of IBS and celiac disease. A person with the syndrome is sensitive to gluten and eating gluten makes their symptoms worse.
Thanks to technological innovations, consumers can now personalize their shopping experiences to meet their specific nutritional needs as the world sees a shift in consumer acceptance of healthier foods. Customers have long had access to in-store dietitians and color-coded shelf labels identifying the nutritional qualities of certain products, such as heart-healthy and gluten-free. Through its venture capital arm Katjes Greenfood, companies like German confectioner Katjes Group have bought British company Genius Foods, which makes gluten-free baked goods. The purchase price is unknown, but according to Katjes Greenfood, this is the company’s biggest acquisition. It bought the entire company from its owners and investors, including the private equity firm Verlinvest in Brussels. The company’s product line includes pitas, rolls, bagels, bread and wraps. The product range is offered in well-known stores, including the UK’s ‘big four’ grocers and catering industry.
Browse the in-depth market research report (104 pages) on gluten-free products: https://www.marketresearchfuture.com/reports/gluten-free-products-market-4984
Price sensitivity is a factor that is expected to slow the expansion of the market for gluten-free products.
COVID 19 Analysis
The gluten-free beer market is rapidly approaching pre-COVID levels, and during the forecast, a solid growth rate is expected, driven by the V-shaped recovery in most developing countries. Key tactics employed by companies in the gluten-free beer industry include showcasing their production processes, using contactless delivery, emphasizing USPs and product packaging, and increasing the visibility of their products on online markets. In 2021, the food industry was bound to experience changes due to the growing awareness of customers about their food options.
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The bakery and confectionery segment is expected to gain the largest share during the forecast period.
By distribution channel
The in-store segment will earn the top spot throughout the forecast period.
Due to the growing popularity of healthy diet foods and innovative marketing techniques used by major manufacturers to gain substantial market share, Asia-Pacific is expected to grow faster. Due to things like increasing internet usage, a booming e-commerce industry, and favorable demographics, the regional market circumstances are very optimistic. Customers nationwide include people with celiac disease or gluten sensitivity and those who value their health and need these products to manage their weight. North America dominated the market.
The market is expected to grow due to favorable regulatory frameworks, Food and Drug Administration activities to promote gluten-free diet, and funding allocations. Gluten-free foods are believed to help fight digestive disorders, lower cholesterol and help people lose weight. Demand is expected to increase due to these factors. In addition, its simple accessibility in almost all supermarkets aims to encourage consumption, especially in the United States. The market was dominated by North America, which also contributed most of the revenue. Gluten-free foods are thought to improve digestion, lower cholesterol, and promote weight loss. Over the projection period, these variables are expected to increase demand.
Moreover, their mere accessibility in almost every grocery store is expected to increase consumption, especially in the United States. The US market is booming and more and more people are becoming aware of celiac disease. A gluten-free diet is also followed by people who do not suffer from the disease, as it is believed that it can reduce cardiovascular risks.
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