According to a market report by Lucintel, the future of the gluten-free food market looks promising with opportunities in the baking, flour, meats, and pet food industries. The gluten-free food market is expected to grow with a CAGR of 7% from 2019 to 2024. The major growth drivers for this market are growing consumer awareness of health benefits and weight management and growing demand for innovative gluten-free bakery products.
In this market, gluten-free bakery products, gluten-free baby food, gluten free pasta, and gluten-free ready meals are the major product segments. Gluten-free bakery products have become the largest product type segment.
Conventional stores, hotels & restaurants, educational institutes, specialty services, hospitals, and drug stores are the major distribution channels of the gluten-free food market.
North America will remain the largest market over the forecast period due to growing concerns towards healthy lifestyle choice rather than medical necessity.
Dr. Schär AG / SPA, Freedom Foods, Pinnacle, General Mills, Gruma, Hain Celestial Group, Amy's Kitchen, Enjoy Life Foods, Kraft Heinz, and Kellogg Company are among the major manufacturers of gluten-free food.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the gluten-free food market by product, distribution channel, end use, and region. Lucintel has prepared a comprehensive research report titled "Gluten-Free Food Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the gluten-free food market by product, distribution channel, end use, and region as follows:
By Product [$M shipment analysis for 2013 – 2024]:
• Gluten-Free Bakery Products
• Gluten-Free Baby Food
• Gluten-Free Pasta
• Gluten-Free Ready Meals
By Distribution Channel [$M shipment analysis for 2013 – 2024]:
• Conventional Stores
• Hotels & Restaurants
• Educational Institutes
• Specialty Services
• Hospitals & Drug Stores
By End Use [$M shipment analysis for 2013 – 2024]:
• Baking
• Flour
• Meats
• Pet Food
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
• United States
• Canada
• Mexico
• Europe
• UK
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link………
[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global gluten-free food market by product type (gluten-free bakery product, gluten-free baby food, gluten-free pasta, gluten-free ready meals), distribution channel (conventional store, hotels and restaurants, educational institutes, specialty services, and hospitals & drug stores), end use (baking, flour, meats, pet food, and others), and region (North America, Europe, Asia Pacific, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the gluten-free food market?
Q.5 What are the business risks and threats to the gluten-free food market?
Q.6 What are the emerging trends in the gluten-free food market and the reasons behind them?
Q.7 What are some changing demands of customers in the gluten-free food market?
Q.8 What are the new developments in the gluten-free food market? Which companies are leading these developments?
Q.9 Who are the major players in the gluten-free food market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the gluten-free food market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the gluten-free food market?