The Europe Gluten-Free Products Market is Expected to Hold 39.1% Market Share, Report by FMI|2032

The worldwide gluten-free products market is probably going to acquire a worth of US$ 5,700 Million out of 2022 and is supposed to gather a market worth of US$ 11,191.82 Million by enlisting a CAGR of 7% in the gauge period 2022-2032.

Development of the gluten-free products market can be credited to rising pervasiveness of celiac infection and different illnesses inferable from undesirable ways of life is supposed to drive the interest for gluten-free products. The market for gluten-free products enrolled a CAGR of 5.6% in the verifiable period 2016-2021.

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Gluten free products market is expected to record a tremendous growth over the forecast period owing to the rise in application in various food industry and the health benefits associated with the consumption. Other factors such as major market players focus on new innovations to attract consumers towards the consumption of gluten free items.

Gluten-Free Products Market Drivers

There has been a significant increase in the demand for gluten-free products in the global market, especially in the bakery and fast food industry. This industry is focused on the provision of gluten-free products for individuals who show allergy towards the consumption of gluten products. The rise in demand from the millennials, taste change, and the increase in demand for gluten-free snacks fuel the growth of the market globally.

Consumers' shift towards a healthy lifestyle is a crucial factor to watch out for, as this is expected to drive the market forward over the forecast period. The rise in number of working women is a boost for the market. Gluten free products can be consumed anywhere within a short time; hence the convenience of gluten free product is another growth driver.

Furthermore, the ease of accessibility of gluten free product from retail store accelerates the growth of the market globally. Gluten free products can be obtain from various retail stores such as convenience store, drugstores, specialty stores, and pharmacies.

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Gluten Free Products Market Restraints

The global gluten-free products market might witness a decline in growth in the future. And this is due to the lack of awareness of the celiac disease among individuals globally. Celiac disease is a digestive disorder resulting from an immune reaction to food like wheat, barley, and rye, which are often rich in gluten protein..

Gluten Free Products: Region-wise Analysis

North America remains the largest market for gluten free products owing to the rise in consumer health consciousness within the US. Europe is developing almost rapidly in the gluten-free products owing to the rise in popularity among the millennial and the increase in demand for diversified food products. Aside from this, the adoption of healthy lifestyle and the rise in demand for non allergic food products is expected to trigger the growth of the industry over the forecast period.

Increase in disposable income, and the change in consumer demography in the Asia Pacific are forces expected to drive the gluten free products market in the region. In addition to this, the increase in awareness of celiac disease is strong driving force which is projected to raise the demand for gluten free products over the foreseeable period as consumers are concerned about their health.

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Gluten Free Products: Competitive Landscape

The Kraft Heinz Company
The Hain Celestial Group, Inc.
Pinnacle Foods Inc.
General Mills, Inc.
Kellogg Company.

Other players operating in the industry include:

Hero AG (Switzerland)
Barilla GER Fratelli SPA
Pasia Plc
Dr. Schar AG/SPA
Freedom Foods Group Limited
Genius Foods
Enjoy Life Foods
Norside Foods Ltd.
Warburtons.

Global Gluten Free Products Market Segment Analysis

The global free products market can be segmented on the following basis:

By Type

Gluten-free Baby food
Gluten-free Pasta
Gluten-free Bakery Products
Gluten-free Ready Meals

By Distribution Channel

Specialty Stores
Convenience Stores
Drugstore/Pharmacy
Hotels & Restaurants
Others

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

This release was published on openPR.