Press release
Gluten Free Snacks Market | Size, Share and Scope Analysis to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Gluten Free Snacks Market Size, Share & Trends Analysis Report By Product Type (Nutrition Bars, Candy Bars, Salty Snacks, Nuts), Distributional Channel (Convenience Stores, Supermarket And Hypermarket, Specialty Stores, Drugstores And Pharmacies, E Commerce) And Generation (Millennials, Generation X And Baby Boomers)- Market Outlook And Industry Analysis 2031"The global gluten free snacks market is estimated to reach over USD 2.12 billion by 2031, exhibiting a CAGR of 9.65% during the forecast period.
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The "gluten" content in grains like wheat, barley, and rye is absent from gluten-free meals. Along with gluten intolerance, gluten ataxia, and dermatitis herpetiformis, gluten is a major contributor to systemic and gastrointestinal symptoms. The demand for gluten free snacks is anticipated to increase due to the increased prevalence of gluten intolerance and other disorders brought on by unhealthy lifestyles.
The demand for healthy food products to prevent conditions including insulin resistance, diabetes, obesity, chronic lung disease, and heart disease is anticipated to fuel market expansion. The COVID-19 pandemic has significantly impacted the use of gluten-free snacks because of consumers' growing concerns about their health and well-being. The prevalence of celiac disease and digestive problems (IBS) is predicted to increase, driving demand for gluten free snacks in both developed and developing nations.
Additionally, person with the syndrome has wheat sensitivity, and eating gluten worsens their symptoms. The market demand is anticipated to be driven by the increasing prevalence of these disorders in developed nations. People who require a gluten-free diet owing to pre-existing medical concerns and those who want to live a gluten-free life simply because it makes them feel better are increasingly the main drivers of market demand as more people experiment with new diets like the paleo or diets.
List of Prominent Players in the Gluten Free Snacks Market:
• Alara Wholefoods Ltd. (U.K.)
• Barilla G. e R. Fratelli S.p.A (Italy)
• Chosen Foods LLC (U.S.)
• ConAgra Foods Inc
• Dr. Schär AG/SPA (Italy)
• Enjoy Life Foods (U.S.)
• FARMO S.p.A. (Italy)
• Freedom Foods Group Limited
• General Mills, Inc.
• Genius Foods (U.K.)
• Hero Group (Switzerland)
• Katz Gluten Free (U.S.)
• Kellogg Company
• Koninklijke Wessanen N.V
• London Food Corporation Limited (U.K.)
• Mikey's LLC (U.S.)
• Mondelez International Inc
• Quinoa Corporation
• Rachel Pauls Food (U.S.)
• Raisio plc (Finland)
• Silly Yaks (Australia)
• The Hain Celestial Group, Inc
• The Kraft Heinz Company
• Valeo Foods Group Ltd
• Warburtons Limited (U.K.)
Market Dynamics:
Drivers-
The rising incidence of celiac disease, irritable bowel syndrome (IBS), and gluten intolerance are major causes fueling market expansion. Rising customer knowledge of the preventive steps that can be done to control these conditions is boosting demand for products that are gluten-free and easy to digest. Additionally, consumers are increasingly choosing gluten-free ready-to-eat meals, pasta, and baby food items due to their hurried lifestyles and packed schedules. Extrusion cooking and annealing are two innovative manufacturing techniques that help increase product hardness and reduce cooking loss. The rise in obese people is another factor driving up demand for gluten free snacks.
Challenges:
The market for gluten-free snacks will face significant challenges during the forecast period due to misinformation about the gluten-free diet and rising prices for gluten free snacks. However, the global market may be slowed down by high production costs and the accessibility of substitute food goods like functional foods and dietary supplements. As a result, the COVID-19 pandemic's disturbance of supply chains resulted in a limited supply of gluten-free snacks, which has had a detrimental effect to some degree on the market's growth.
Regional Trends:
The North American gluten-free snacks market is expected to register a major market share. Foods without gluten are thought to improve digestion, reduce cholesterol, and promote weight loss. Over the projection period, these variables are anticipated to increase demand. Additionally, it is anticipated that their simple accessibility at almost every grocery shop would expand the economy, especially in the United States. With more people becoming aware of celiac disease, the U.S. market is set to expand. Besides, Asia Pacific had a substantial share of the market. Due to variables including rising internet use, a flourishing e-commerce industry, and changing demographics, the geographical market conditions are quite promising. Customers in the nation include not just people with celiac disease or coeliac disease but also those who value their health and need these goods to control their weight.
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Recent Developments:
• In July 2021-Gluten-free square pan pizza was produced by the gluten-free frozen snack and appetizer company Feel Good Foods. Each is available in the Marinara, Truffle Fungi, and Four Cheese variants and includes a baking dish.
• In September 2021-With a new fermentation method and redesigned packaging that includes bread, Rudi's debuted 15 new products in its organic and gluten-free categories.
Segmentation of Gluten Free Snacks Market-
By Product Type
• Nutrition Bars
• Candy Bars
• Salty Snacks
• Nuts
• Others
By Distribution Channel
• Convenience Stores
• Supermarket and Hypermarket
• Specialty Stores
• Drugstores and Pharmacies
• E commerce
• Others
By Generation
• Millennials
• Generation X
• Baby Boomers
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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