Global Gluten Free Food Market to Grow with a CAGR of ~9.57% During 2023-2035


Posted December 6, 2023 by UtkarshaDeshpande

Research Nester published a report titled “Gluten Free Food Market: Global Demand Analysis & Opportunity Outlook 2035”

 
Research Nester published a report titled “Gluten Free Food Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global gluten free food in terms of market segmentation by product type, source, distribution channel and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The gluten free food market is anticipated to grow with a CAGR of ~9% during the forecast period, i.e., 2022-2031. The market is segmented by product type into bakery, baby food, pizzas & pastas, cereals & snacks, savories, and others. Out of these, the bakery segment is anticipated to garner the largest revenue by the end of 2031. A significant increase in the number of small retail and commercial bakeries in the market coupled with the expansion of the bakery industry are factors expected to fuel segment growth during the forecast period.

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The global gluten free food market is estimated to garner significant revenue by the end of 2031, up from modest revenue in the year 2021. Growing number of consumers preference towards healthy convenience foods, gluten-free baby food, and "free from" foods along with increasing demand for clean and healthy snacks are some of the major factors anticipated to drive the growth of global gluten free food the market during the forecast period. Moreover, Diets such as paleo and keto are becoming more popular among the population which is expected to drive propel demand for gluten free products. It was observed that, about 40% of Americans follow a diet or dietary pattern. There are 13 million people following a keto diet in the United States every year. The keto diet market is estimated to be worth USD 10 billion globally.

Geographically, the gluten free food market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to garner the largest revenue by the end of 2031. Growing incidence of celiac disease and a desire to maintain healthy diets among population are expected to drive market growth in the region. According to a report published by one of the leading celiac disease organizations, about 1% of Americans were affected by celiac disease in 2020. Around 82% of Americans with celiac disease are either undiagnosed or untreated.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Growing Incidences of Celiac Disease And Gluten Allergies To Drive The Market Growth
It was observed that, among children and women, celiac disease incidence was higher in 2020, with 20 children diagnosed out of 100,000 and 17 women diagnosed out of 100,000. Over the past decade, celiac disease rates have increased by 7% per year.

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The growing prevalence of celiac disease and gluten allergies is largely responsible for the market growth. The digestive system of the small intestine is affected by celiac disease. When gluten is consumed in such diseases, the immune system attacks the small intestine, preventing critical nutrients from being absorbed. This disease can only be cured through the consumption of gluten-free foods. This factor is anticipated to fuel market growth over the forecast period.

However, high cost associated with the gluten free products and lack of awareness about gluten free food among people are expected to operate as key restraint to the growth of global gluten free food market over the forecast period.

Geographically, the gluten free food market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to garner the largest revenue by the end of 2031. Growing incidence of celiac disease and a desire to maintain healthy diets among population are expected to drive market growth in the region. According to a report published by one of the leading celiac disease organizations, about 1% of Americans were affected by celiac disease in 2020. Around 82% of Americans with celiac disease are either undiagnosed or untreated.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

This report also provides the existing competitive scenario of some of the key players of the global gluten free food which includes company profiling of Oy Karl Fazer Ab., Hy-Vee, Inc., Kellogg's Company, The Hain Celestial Group, Inc., The Kraft Heinz Company, Freedom Foods, Enjoy Life Natural Brands, Amy's Kitchen, Inc., Ener-G Foods, Food For Life. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global gluten free food that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Access our detailed report @ https://www.researchnester.com/reports/gluten-free-food-market/5362

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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Issued By Research Nester
Country India
Categories Business , Consumer
Tags gluten free food market , gluten free food market size , gluten free food market segment , gluten free food market growth
Last Updated December 6, 2023