Gluten-free market translates to big bucks for North America


Posted September 17, 2014 by almiracoyne

The market in North America is estimated to grow from $2,261.5 million in 2013 to $3,768.5million by 2018, at a CAGR of 10.8% from 2014 to 2019.

 
The gluten-free foods market report explains and segments the concerned market in North America with analysis and projection of revenue. The market in North America is estimated to grow from $2,261.5 million in 2013 to $3,768.5million by 2018, at a CAGR of 10.8% from 2014 to 2019.

Browse through the TOC of the North America Gluten-Free Foods Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.

Read more - http://www.micromarketmonitor.com/market/north-america-gluten-free-foods-5904255778.html

The number of cases with regards to gluten intolerance and celiac disease has increased the demand for gluten-free foods in the North American region. The current trend in the population to consume less fattening products has also added to the demand for gluten-free food products. Some of the other drivers for the gluten-free food products market are- health concerns, weight management, and nutritional values. This market has developed over the years and the gluten-free products which were earlier seen as niche products have now entered the mainstream product category. Millions of Americans are following a gluten-free diet and this has helped the people with gluten allergies to reinstate their food habits, comprising gluten-free foods and preventing cereals such as wheat, barley, and rye that contain large amounts of gluten.

North America is considered to be one of the major markets. In 2013, U.S. accounted a major market share of around 95.0%. The five major players of this market are, General Mills (U.S), Hain Celestial Group (U.S.), Boulder Brands (U.S.), Quinoa Foods (U.S.), Enjoy Life Foods (U.K.), and others. Boulder Brands (U.S.) is the key player with a market share of 15.0% followed by Hain Celestial Group (U.S.) with a share of 10.0%.


This market is segmented and anticipated on the basis of channels, conventional and natural gluten-free foods. The conventional gluten-free foods are the most preferred sources for commercial application, as it’s the easiest source of application, and with the highest share of 72.0%, as of 2013. The market is further segmented and forecast on the basis of major countries, such as the U.S., Canada, and Mexico. The market is also allocated and analyzed on the basis of type, such as bakery & confectionary, break-fast cereals, snacks, baking mixes & flour, meat & poultry products, and others.
This report includes market share, and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of the key players.
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Tags gluten free foods market , north america gluten free foods , north america gluten free foods market report
Last Updated September 17, 2014