Gluten is a family of proteins usually found in cereal grains like wheat, barley, rye, and spelt, and gives an elastic texture to dough. Gluten also acts as natural glue that holds food together.
Gluten consumption has become a matter of concern for the food and health industry due owing to the increased prevalence of celiac disease and gluten-related allergies. Celiac disease causes the body to reject gluten and fight back in the form of severe digestive issues and anemia, among other health hazards. It affects 1%-2% of the global population and is predicted to grow exponentially in the next 15 years.
Also, consciousness among the masses regarding the benefits of healthier living will positively impact the growth of the market. The global gluten-free food market was valued at USD 3.Bakery, Diary, Meat and substitutes, Condiments and spices, Ready-to-eat, Desserts, Others Bn in 2016, and is projected to expand from USD 4.48 Bn in 2018, to USD 6.47 Bn in 2023, expanding at a compound annual growth rate (CAGR) of 7.60%.
Major Key Players of the Gluten-Free Food Market are:
Kraft Heinz Company, Conagra Brands, General Mills, Kellogg Company, Dr. Schar AG/SPA, Hain Celestial Group, Doves Farm
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There are seven types of gluten-free food: bakery food, dairy food, meat and its substitutes, pasta, condiments, spices and spreads, desserts and ice cream, and ready-to-eat meals. The gluten-free bakery food segment held the largest share of the market (29%) in 2018, owing to the high global demand for gluten-free bread, buns, and rolls. This segment is forecast to expand at a CAGR of 8.5% over 2018-2023.
Europe is estimated to be on track to record the highest CAGR (10.3%) during the forecasted period, sustained by changing consumer perceptions about the effects of gluten-free diets, such as weight loss and good health. North America held the largest market share (53%) in 2018, underpinned by the rising number of patients diagnosed with celiac disease.
The common distribution channels for the market are conventional stores, specialty stores, and drug stores. Conventional retailers include grocery stores, club stores, and mass merchandisers. Among the different distribution channels, conventional stores held the highest market share (83%), given their ease of accessibility.
Major Types of Gluten-Free Food covered are:
Meat and substitutes
Condiments and spice
Ready-to-eat, Desserts, Others
Major Applications of Gluten-Free Food covered are:
– To study and analyze the global Gluten-Free Food consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Gluten-Free Food market by identifying its various sub-segments.
– Focuses on the key global Gluten-Free Food manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Gluten-Free Food with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Gluten-Free Food Market Size
2.2 Gluten-Free Food Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Gluten-Free Food Market Size by Manufacturers
3.2 Gluten-Free Food Key Players Head office and Area Served
3.3 Key Players Gluten-Free Food Product/Solution/Service
3.4 Date of Enter into Gluten-Free Food Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Gluten-Free Food Sales by Product
4.2 Global Gluten-Free Food Revenue by Product
4.3 Gluten-Free Food Price by Product
5 Breakdown Data by End User
5.2 Global Gluten-Free Food Breakdown Data by End User
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In the end, Gluten-Free Food industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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This post was originally published on Space Market Research