Gluten-Free Food Market Upcoming Developments to Impressive Gains in The Next Decade

Introducing the Most Recent Research Report [2023-2032] on the Gluten-Free Food Market: Size, Emerging Trends, Market Share, Remarkable Growth, Segmentation, Comprehensive Analysis, and Forward-Looking Projections for 2032. This report presents an in-depth examination of the critical drivers propelling global market sales. Within its 120 pages, the report delivers a comprehensive evaluation of the industry's current status, encompassing aspects such as market size, market share, anticipated trends, growth rate, distribution channels, and more.

The global gluten-free food market was valued at USD 3.88 Billion in 2016, and is projected to expand from USD 4.48 Billion in 2018, to USD 6.47 Billion in 2023, expanding at a compound annual growth rate (CAGR) of 7.60%.

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Gluten is a family of proteins usually found in cereal grains like wheat, barley, rye, and spelt, and gives an elastic texture to dough. Gluten also acts as natural glue that holds food together.

Gluten consumption has become a matter of concern for the food and health industry due owing to the increased prevalence of celiac disease and gluten-related allergies. Celiac disease causes the body to reject gluten and fight back in the form of severe digestive issues and anemia, among other health hazards. It affects 1%-2% of the global population and is predicted to grow exponentially in the next 15 years.

Also, consciousness among the masses regarding the benefits of healthier living will positively impact the growth of the market.

Product type insights:

There are seven types of gluten-free food market: bakery food, dairy food, meat and its substitutes, pasta, condiments, spices and spreads, desserts and ice cream, and ready-to-eat meals. The gluten-free bakery food segment held the largest share of the market (29%) in 2018, owing to the high global demand for gluten-free bread, buns, and rolls. This segment is forecast to expand at a CAGR of 8.5% over 2018-2023.

Regional insights:

Europe is estimated to be on track to record the highest CAGR (10.3%) during the forecasted period, sustained by changing consumer perceptions about the effects of gluten-free diets, such as weight loss and good health. North America held the largest market share (53%) in 2018, underpinned by the rising number of patients diagnosed with celiac disease.

Distribution channel segment insights:

The common distribution channels for the market are conventional stores, specialty stores, and drug stores. Conventional retailers include grocery stores, club stores, and mass merchandisers. Among the different distribution channels, conventional stores held the highest market share (83%), given their ease of accessibility.

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Companies covered:

1. Kraft Heinz Company
2. Conagra Brands, Inc.
3. General Mills, Inc.
4. Kellogg Company
5. Dr. Schar AG/SPA
6. Hain Celestial Group, Inc.
7. Doves Farm

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

North America (U.S. & Canada)

Latin America (Brazil, Mexico, Argentina, Rest of Latin America)

Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe)

Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa)

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Some Questions Answered in the Global Gluten-Free Food Market Report:

What is the projected size of the global Gluten-Free Food market in 2030, and what growth rate is expected?
What are the primary drivers of growth in the global Gluten-Free Food industry?
What are the major market trends that are affecting the expansion of the Gluten-Free Food market?
What obstacles must be overcome in order to achieve sustained growth in the Gluten-Free Food market?
What opportunities and threats do vendors in the global Gluten-Free Food market face?
What are the raw materials and manufacturing equipment used in the production of Gluten-Free Food Market, and what is the manufacturing process?
What are the different types and applications of Gluten-Free Food Market, and what is the market share of each type and application?
What factors, such as trends, challenges, and risk factors, are currently shaping the growth of the Gluten-Free Food market?
What factors are driving the growth of the Gluten-Free Food market in the top regions worldwide?
Who are the major players in the global Gluten-Free Food market, and what strategies are they employing to succeed?
What industrial trends, drivers, and challenges are influencing the expansion of the Gluten-Free Food market?
What are the main findings of a five forces analysis of the global Gluten-Free Food market?

Here are the key highlights of the report:

Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
In-depth analysis of the competitive landscape, identifying key trends within the industry.
Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER's five forces.
Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
Guidance provided for new market entrants, assisting them in navigating the industry landscape.
Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.

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This release was published on openPR.