Gluten-free flours Market Competitors, Growth Opportunities, and Forecast 2032
Gluten-Free Flours Market Scope
The global gluten-free flour market is driven by the need
for gluten-free foods and food mixes for people with wheat allergies or celiac
diseases. According to the International Symposium on Wheat Related Disorder,
celiac disease has a global prevalence of 5% in 2022. This can be lucrative for
the market. Players are investing in research and developments for creating
formulations similar to the nutrient profile for gluten allergic patients.
Major drivers of the gluten-free
flours market include its benefit in weight management and the large
prevalence of obesity and diabetes. Awareness of its properties in managing
cholesterol level and digestive health can spur the production in the market.
Clean label policies adopted by players combined with the development of
products with less saturated fat can bolster the global market demand in the
coming years.
Competitive Outlook
Cargill, Incorporated, General Mills Inc., Archer Daniels
Midland Company, Groupe Limagrain Holding SA, Sunopta Inc., Associated British
Foods plc, Enjoy Life Foods LLC, Parrish and Heimbecker, Limited, The Hain
Celestial Group, and The Scoular Company are some of the global gluten-free
flours key market players
Segmentation
The global gluten-free flours market research report has been
segmented based on type, category, and distribution channel.
By type, the global gluten-free flours market has been
bifurcated into sorghum, amaranth, rice, oats, millet, and others. The rice
segment can produce huge revenues for the market owing to being rich in fibre
and lowering cholesterol levels. It is being used in pastas, noodles, and
breads.
Based on category, the global gluten-free flours market size
has been segregated into organic and conventional. The former segment can
capture a large market share due to the inclination towards organic foods,
while the latter segment will dominate the market due to huge availability of
these products at convenience stores and supermarkets.
On the basis of distribution channel, the global gluten-free
flours market has been divided into store-based and non-store-based.
Store-based is further divided into hypermarkets and supermarkets, convenience
stores, and others. Non-store-based is also further segmented into e-commerce.
The store-based segment can generate huge dividends for the market, while the
non-store based segment can capture a huge chunk of the market owing to the
growing phenomenon of online shopping.
Regional Analysis
The global gluten-free flours market is given with regard to
four key regions—North America, Europe, Asia Pacific (APAC), and
Rest-of-the-World (RoW).
Gluten-free
flours market in North America can dominate the market owing to awareness
of celiac disease and the presence of prominent gluten-free producers in the
region. Awareness of the products on the market can bode well for global market
revenues in the coming years. The protein in gluten-free flour contains one or
more flours in its mix for structure and stability. A high preference for rice
gluten-free flours can positively impact regional market growth.
Europe is projected to gain a major market share due to its
utilisation in ready-to-eat and processed foods such as breads, noodles, pastas,
and sweet and savoury snacks.
Lastly, APAC can register a phenomenal growth rate during
the forecast period due to the inclination of customers towards gluten-free
flours and products with gluten-free ingredients.
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