Gluten-free Products Market Report by Growth, and Competitor with Statistics, Forecast 2032
Gluten-Free Products Market Overview:
The gluten-free products market was
worth USD 6.9 billion in 2022 and is expected to grow to USD 15.745 Billion by 2032,
at a 9.60% CAGR.
Gluten-free products are becoming more
appealing thanks to new product improvements. In addition, technical
advancements in the production industry are lower product costs. For example,
it is now possible to cook a product through extruded and calcination, which
improves its firmness and reduces cooking losses. Customers' purchasing
patterns are changing as they become more aware of the need to embrace healthy
lives via meals rich in nutrients. Consequently, gluten-free
products market size is becoming more popular as celiac diseases continue
to rise.
The gluten-free products market is predicted
to rise at a healthy pace in the next years, led by the V-shape revival in most
emerging nations. It has been found that the most common techniques used by
enterprises in the gluten-free beer sector are to display their production
processes and cashless delivery, emphasize their USP statements, concentrate on
package design, and improve product visibility on internet platforms.
Key Players are.
Some of the gluten-free products key market
players are The Hain Celestial Group Inc.,Boulder Brands, Inc,General Mills
Inc.,The Kraft Heinz Company,Kellogg’s Company,Glutamate,Hero Group AG
Market Segmentation
The gluten-free
products market overview may be divided into three submarkets according to
type, distribution channel, and geography. The many types of gluten-free foods
include gluten-free infant food, baked goods without gluten, gluten-free
spaghetti, and convenience foods without gluten. Convenience shops, drugstores
and pharmacies, speciality stores, and others make up the various distribution
channels.
As far as types are concerned, the
gluten-free baked items category had the largest proportion in 2019. Due to a
rise in desire from millennials and the need for nutritionally dense meals,
bakery items have become one of the most popular options for gluten-free
products.
Gluten-free products market data shows that
convenient shops are the most dominant marketing platform, accounting for about
50% of the gluten-free goods industry in 2019 and likely to remain so during
the gluten-free products is expected to drive projected timeframe.
Regional Classification
The gluten-free products market was
dominated by Europe in 2019, accounting for the largest proportion of the total
market. This is due to a rise in millennials driven by increased marketing
efforts. In Europe, the rise of the gluten-free food business is also being
fueled by improved distribution methods. Gluten-free goods are likely to
develop significant demand in Asia-Pacific and North America during the
projection period. Many small and mid-sized food production enterprises in
emerging nations have increased their investments, which is why. There is also
an expectation that the industry would gain momentum due to an improvement in
customer desire for ease, more discretionary cash, and changing consumer
preferences.
Recent developments:
● Alden's
Organic, Eugene, Ore., introduces five new methods to sweeten up customer
snacking habits to kick off the year in March 2022. Because the
portion-controlled dairy-free and gluten-free frozen pleasures are made with
certified organic ingredients, customers can feel good about them.
● In
March 2022, Base Culture, the fast-growing gluten-free, grain-free, paleo bread
and baked goods company, is delighted to exhibit Keto Certified Baked Breakfast
Squares, their newest addition to their repertoire, at this year's Natural
Products Expo West. Other recently revealed goods will be on show and general
brand favorites. Base Culture has grown its workforce, expanded its product
offerings, and doubled in size, proving that even a worldwide epidemic cannot
stop them. Base Culture was the fastest-growing and second-largest gluten-free
brand at Whole Foods in 2021.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York
10013, United States of America
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