The Global Gluten-Free Bread Market Accounts For A Value Of US$ 616.3 Million By 2032, Unveils Fact.MR
The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.
The report offers actionable and valuable market insights of Gluten-Free Bread. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Gluten-Free Bread Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Gluten-Free Bread market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Gluten-Free Bread
This newly published and insightful report sheds light on Market Insights of Gluten-Free Bread, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Gluten-Free Bread Market.
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In 2021, health and wellness will be focused on maintaining a healthy body and mind by staying physically fit, eating a better diet and taking measures to improve emotional health. A new consideration for the food and beverage industry will be the need for safety, which will affect both how and where consumers shop.
Consumers will also be more cost-conscious because of economic uncertainty which will drive demand for value. However, there will still be space for premium products that provide exciting experiences to fill the void of other forms of entertainment that consumers are missing because of the pandemic, such as travel and eating at restaurants.
These trends will not be mutually exclusive, and many products in 2021 will address multiple consumer needs. While there have been many noteworthy events this year, the effect of the COVID-19 pandemic on the food and beverage industry is huge. The pandemic changed the way consumers shop, socialize, entertain and more-which is why it will be the biggest driver of food and beverage trends next year. Products that promote health and wellness, escapism and value will be in the spotlight because they provide relief from many of the challenges consumers are facing in wake of the pandemic. While already a trend in the sense that people have adopted food delivery and takeout out of sheer necessity, these actions will become a regular habit in 2021. Restaurant chains that had the foresight to offer delivery options and contactless pick-up prior to the onset of the pandemic have an upper hand.
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Eating habits and lifestyles have changed drastically over the past few years and this has resulted in a substantial increase in lifestyle disorders which has motivated people to adopt more healthy eatables.
Increasing awareness about symptoms of gluten intolerance is anticipated to favour demand for gluten-free baked goods. An increase in focus on monitoring gluten intake is also anticipated to favour gluten-free bread market potential throughout the forecast period.
Growing availability of several gluten-free products such as gluten-free bread crumbs, gluten-free pita bread, gluten-free hamburger buns, gluten-free flatbread, etc., is also expected to favour market growth over the years to come.
However, challenges associated with maintaining the consistency of products are expected to have a hindering effect on overall gluten-free bread market growth through 2032.
From 2022 to 2032, global consumption of gluten-free bread is projected to surge at 9.3% CAGR.
Key Companies Profiled:
Hain Celestial Group Inc.
Kraft Heinz Company
Golden West Specialty Foods
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Fact.MR, in its new report, offers an unbiased Market Analysis of Gluten-Free Bread, Sales and Demand of Gluten-Free Bread, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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