Gluten-free Products Market Size 2018 by Top Key Players and Application with Trend and Growth by 2022 Forecasts

The Global Gluten-free Products Market was valued at $3,126 million, and is expected to witness a steady growth to reach $5,279 million by 2022, expanding at a CAGR of 7.5%. Gluten-free diet is essential for people with gluten allergies and celiac disease, a condition which causes inflammation in small intestines. The gluten-free food helps improve cholesterol levels, digestive systems, and increases energy levels. Most of the gluten-free foods available are healthy, and help in the weight loss with right combinations and proportions of other foods. Gluten-free food products exclude protein “gluten” which is found in grains such as wheat, barley, and rye.

Increase in number of celiac disease patients and gluten intolerance is expected to fuel the market growth in the near future. Moreover, growth in demand from millennial, improvement in marketing activities, and improved distribution channels drive the market growth. The impact of these drivers is expected to increase significantly due to increase in investments by small and medium-sized food manufacturing companies. The global gluten-free food market is expected to witness substantial growth in the near future, attributed to factors such as promotion of health and wellness, increase in demand from millennial, improvement in marketing activities, rise in awareness about celiac disease, and other gluten allergies. However, price sensitivity is a factor which is projected to restrain the market growth.

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The report segments the market based on type and geography. By type, the market is segmented into gluten-free bakery products, gluten-free baby food, gluten-free pasta, and gluten-free ready meals. Geographically, the market is categorized into North America, Europe, Asia-Pacific, and LAMEA.

The global Gluten-Free Products Market was valued at $3,126 million in 2015, and is projected to reach $5,279 million by 2022, growing at a CAGR of 7.5% from 2016 to 2022, according to new report published by Allied Market Research. Gluten-free bakery products segment dominated this market, occupying approximately half of the total share of the market revenue in 2015.

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The global market is expected to witness substantial growth in the near future, attributed to factors such as promotion of health and wellness, increase in demand from millennial, improvement in marketing activities, rise in awareness about celiac disease and other gluten allergies. However, price sensitivity is a factor which is projected to restrain the market growth. Increase in incidence of celiac disease is one of the driving factors of the market. The numbers of celiac patients rise across the globe which has increased the demand of gluten-free products for their intolerance toward wheat. Moreover, rise in demand from millennial is a significant factor which is leading to the market growth. Many people seeking weight management and digestive health involve gluten-free foods in their lifestyle and help transform the market.

In the year 2015, the gluten-free bakery products segment occupied approximately 60% share of the overall market revenue, and is anticipated to maintain its dominance during the forecast period. This is due to increase in inclination of consumers toward healthy bakery products such as biscuits and breads as well as increase in use of packaged bakery products among working professionals across the globe.

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