The Gluten-Free Products Industry is experiencing significant growth, driven by increasing health consciousness, rising prevalence of gluten-related disorders, and a broader consumer base seeking healthier dietary options.
Market Overview
-
Market Size (2022): USD 6.45 billion
-
Projected Market Size (2030): USD 13.67 billion
-
Compound Annual Growth Rate (CAGR): 9.8% from 2023 to 2030
This growth is attributed to the rising awareness of celiac disease and gluten intolerance, as well as the perception of gluten-free products as healthier alternatives.
Ask for Sample to Know US Tariff Impacts on Gluten-Free Products Industry @ https://www.maximizemarketresearch.com/request-sample/187675/
Regional Insights
-
North America: Dominates the market with a 38.9% share in 2023, driven by high consumer awareness and demand for gluten-free options.
-
Europe: Holds a significant market share, with countries like Italy, Germany, and the UK leading due to increased health consciousness and availability of gluten-free products.
-
Asia-Pacific: Expected to witness substantial growth, fueled by urbanization, changing dietary habits, and increasing disposable incomes.
Market Segmentation
By Product Type
-
Bakery Products: Largest segment, including bread, cookies, and cakes.
-
Desserts & Ice Creams: Fastest-growing segment, reflecting consumer demand for indulgent yet gluten-free options.
-
Ready-to-Eat Meals: Gaining popularity due to convenience and time-saving benefits.
By Distribution Channel
-
Supermarkets/Hypermarkets: Primary sales channel, offering a wide range of gluten-free products.
-
Online Retail: Experiencing rapid growth, providing consumers with easy access to diverse gluten-free options.
Discover the latest trends & insights here: https://www.maximizemarketresearch.com/market-report/gluten-free-products-market/187675/
Key Market Players
-
General Mills Inc.
-
Kellogg Company
-
Hain Celestial Group
-
Barilla G. e R. F.lli S.p.A.
-
Dr. Schär AG/SPA
-
Hero Group
-
Pinnacle Foods Group LLC
Market Trends & Opportunities
-
Health & Wellness Focus: Consumers are increasingly adopting gluten-free diets for perceived health benefits, even without medical necessity.
-
Product Innovation: Manufacturers are introducing new gluten-free products, including plant-based and organic options, to cater to diverse consumer preferences.
-
Expansion in Emerging Markets: Growing awareness and demand in regions like Asia-Pacific present opportunities for market expansion.
About Us
Comments
0 comment