The global gluten-free products market size
is projected to reach USD 32.39 billion by 2025 expanding at a CAGR of 9.1%,
according to a new report by Grand View Research, Inc. Rising cases of
lifestyle-related diseases has favored the market growth. Increasing instances
of chronic and non-communicable diseases leading to disability or death have
also bolstered the demand for gluten-free products. Furthermore, major focus of
manufacturers on various parameters including production of foods with less
saturated fat coupled with efficient labelling solutions has driven the demand
for gluten-free products.
Another important factor favoring market
growth is the increasing incidences of Irresistible Bowel Syndrome (IBS) and
celiac diseases. U.S. is one of the major consumers of gluten-free products
because, on an average, one of every 133 people suffer from celiac disease, and
1 in 56 experience similar symptoms. In addition, majority of the patients are
misdiagnosed for the disease, which is causing the development of such disorders
faster. This is likely to drive the demand for the gluten-free products in the
country. However, the market growth is restrained by various factors, such as
the lack of awareness about the celiac disease.
North America was the dominant consumer market
in 2018 and held a share of 53.0% of the overall market. The region is home to
major food brands and companies with extensive distribution networks that
provide a wide array of commodities. Moreover, rising awareness about the
health benefits of gluten-free eatables is likely to boost the market growth.
Favorable regulatory framework and initiatives to promote a gluten-free diet by
the U.S. Food and Drug Administration (FDA) and subsidy allocations are
anticipated to boost the market in North America over the forecast period.
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https://www.grandviewresearch.com/industry-analysis/gluten-free-products-market
Further key findings from the study suggest:
· Bakery products emerged as the largest
segment in 2018 and is expected to register a CAGR of over 10% during the
forecast period
· In terms of distribution, independent
natural or health food store segment is anticipated to register the fastest
growth in the coming years
· Rising consumer disposable incomes and
awareness about organic and natural foods are likely to aid the segment
· APAC is expected to be the fastest-growing
region from 2019 to 2025 due to factors, such as increasing internet
penetration, growing e-commerce sector, and favorable demographics
· Australia is among the most lucrative
markets in APAC owing to regulations by the Australian government favoring the
initialization of start-ups in the food & beverage industry
· Key companies in the gluten-free products
market include Boulder Brands, Inc.; General Mills, Inc.; The Hain Celestial
Group, Inc.; The Kraft Heinz Company; Kellogg’s Company; Hero Group AG; and Big
Oz Industries Ltd.
· Some of the major competitive strategies
undertaken by the market participants include mergers & acquisitions and
product innovation
Grand View Research has segmented the
global gluten-free products market on the basis of product, distribution, and
region:
Gluten-free Product Outlook (Volume,
Kilotons; Revenue, USD Million, 2014 - 2025)
·
Bakery Products
·
Dairy/Dairy Alternatives
·
Meats/Meat Alternatives
·
Condiments, Seasonings, Spreads
·
Desserts & Ice-creams
·
Prepared Foods
·
Pasta and Rice
·
Others
Gluten-free Products Distribution Outlook
(Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
Grocery Stores
·
Mass Merchandiser
·
Independent Natural or Health Food Store
·
Club Stores
·
Drug Stores
·
Others
Gluten-free Products Regional Outlook
(Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
