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Gluten-Free Pasta Market Size Analysis, Segmentation, Industry Outlook, and Forecasts, 2020 to 2027

07-06-2022 02:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Gluten-Free Pasta Market

Gluten-Free Pasta Market

According to a new report published by Allied Market Research, titled, "Gluten-free Products Market by Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2020-2027," The global gluten-free products market is expected to reach $7.5 billion by 2027 at a CAGR of 7.2% from 2020 to 2027. Increase in number of celiac disease and gluten intolerance patients is expected to fuel the gluten-free products market growth in the coming years. Moreover, surge in demand from millennial, improvement in marketing activities, and enhancement of distribution channels also support the growth of the gluten-free food market. The impact of these drivers is expected to increase significantly due to increase in investments by small and medium sized food manufacturing companies. Europe held the leading position in the global market in 2019 and is expected to maintain its dominance in the future.

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The global gluten-free pasta market report includes analysis of the major market players such as H.J. Heinz Company L.P., Quinoa Corporation, Bionaturae LLC, RPs Pasta Company, Barilla G.E R. F. LLI S.P.A., Doves Farm Foods Ltd, DR. SCHR AG/SPA, AMI Operating Inc., Pastificio Lucio Garofalo S.p.A., and Jovial Foods Inc.

The global gluten-free pasta market is segmented on the basis of type, distribution channel, and geography. Based on type, the market is categorized into brown rice pasta, quinoa pasta, chickpea pasta, and multigrain pasta. The brown-rice pasta segment held the largest share, contributing nearly one-third of the total market and is projected to continue its trend throughout the study period. However, the chickpea pasta segment is expected to manifest the fastest CAGR of 5.2% during the forecast period, owing to increase in demand from health-conscious consumers.

On the basis of distribution channel, the market is divided into retail shops, supermarkets/hypermarkets, and e-commerce. The retail store segment held the largest share, accounting for more than half of the total market share and is estimated to register the fastest CAGR of 4.1% during the forecast period.

The market is analyzed across various regions such as Asia-Pacific, North America, Europe, and LAMEA. The market across Europe held the largest share, contributing nearly half of the total share and is expected to continue its dominance throughout the forecast period, owing to increase in a number of celiac diseases in the region. However, the market across the Asia-Pacific region is expected to manifest the fastest CAGR of 6.3% during the forecast period, owing to rise in pursuit for food products that need minimal time to cook.

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Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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