Gluten-Free Bread Market Is Forecasted To Reach A Revenue Of US$ 1.74 Billion By 2034

The global market for gluten-free bread is poised to achieve a revenue of US$ 733 million by 2024, with estimates suggesting it will soar to US$ 1.74 billion by 2034. Projections indicate a significant 9% Compound Annual Growth Rate (CAGR) from 2024 to 2034 in the worldwide sales of gluten-free bread.

Shifts in dietary patterns and lifestyles have spurred a notable surge in lifestyle-related health conditions, prompting individuals to opt for healthier food choices. Heightened awareness regarding symptoms associated with gluten intolerance is expected to drive the demand for gluten-free baked goods. Moreover, increased attention towards monitoring gluten consumption is forecasted to bolster sales of gluten-free bread throughout the forecast period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=647

Gluten-free products have garnered substantial popularity in recent years due to the escalating number of individuals with gluten intolerance worldwide. Varieties such as buckwheat bread, wheat-free bread, millet bread, gluten-free brioche, gluten-free rye bread, and low-carb gluten-free bread are anticipated to witness rapid growth in sales in the years ahead.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐫𝐞𝐧𝐝𝐬:

Health Consciousness: Increasing awareness about health issues, including gluten intolerance and celiac disease, is driving consumers to seek gluten-free alternatives. Many perceive gluten-free bread as a healthier option, leading to its growing popularity.

Lifestyle Changes: Changing lifestyles, characterized by hectic schedules and a preference for convenient food options, have fueled the demand for gluten-free bread. Consumers are looking for quick and easy meal solutions without compromising on health.

Dietary Trends: Shifts in dietary preferences, including the rise of low-carb and paleo diets, have contributed to the growth of the gluten-free bread market. These diets often exclude gluten-containing grains, boosting the demand for gluten-free alternatives.

Innovation in Product Development: Manufacturers are continuously innovating to improve the taste, texture, and nutritional profile of gluten-free bread. This includes the development of new recipes and the use of alternative ingredients to enhance the quality of gluten-free products.

Retail Expansion: The availability of gluten-free bread in mainstream retail channels has expanded significantly, making it more accessible to consumers. This increased visibility and distribution channels have contributed to market growth.

Rising Prevalence of Gluten Intolerance: The increasing prevalence of gluten intolerance and celiac disease worldwide has created a substantial consumer base seeking gluten-free options. This demographic shift has driven demand for gluten-free bread and other gluten-free products.

Marketing and Awareness Campaigns: Marketing efforts highlighting the benefits of gluten-free diets and promoting gluten-free products have raised consumer awareness and stimulated demand. Advertising campaigns emphasizing the health benefits and taste of gluten-free bread have been particularly effective.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• Kraft Heinz Company
• Hain Celestial Group Inc.
• General Mills
• Raisio Plc
• Golden West Specialty Foods
• Honeybuns
• Dr. Schar
• Pamela's Products
• Doves Farm

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Gluten-free bread manufacturers are focusing on mergers and acquisitions to strengthen their market stance and gain a competitive edge over other market players.

• In July 2023, Grupo Bimbo, a leading multinational food giant based in Mexico, announced that it had partnered with Zero Carb Company (ZCC), a start-up trying to bring meaningful change in consumers' everyday food consumption to market a zero-carb gluten-free bread product lineup. The partnership also allowed ZCC to explore different geographical markets.
• In June 2022, Katjes Greenfood, an investment arm of Katjes Group based in Germany, announced the acquisition of Genius Foods, an Edinburgh-based gluten-free bakery. The brand had a notable market presence in the United Kingdom, Australia, Germany, and the U.S. Katjes. Through this acquisition, Katjes Greenfood grew its sales of gluten-free products.
Gluten-free bread brands are also focusing on launching new products to bolster sales potential and gain a competitive advantage over other market players.
• In August 2023, King Arthur Baking Company, a leading American supplier of baked goods and flour, announced the launch of its gluten-free bread flour at the Natural Products Expo West event. The products were in accordance with the company's motto of making baking accessible to all bakers.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐆𝐥𝐮𝐭𝐞𝐧-𝐟𝐫𝐞𝐞 𝐁𝐫𝐞𝐚𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• By Product Type :
o Multigrain
o Vegan
o Kosher
o Others

• By Sales Channel :
o Online
o Offline
 Supermarkets/Hypermarkets
 Specialty Stores
 Convenience Stores
 Other Sales Channels

• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o Middle East & Africa

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.factmr.com/report/647/gluten-free-bread-market

𝐌𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭:

Gluten-free Baking Mixes Market: https://www.factmr.com/report/1107/gluten-free-baking-mixes-market

Gluten-free Bakery Products Market: https://www.factmr.com/report/3035/gluten-free-bakery-products-market

Vegan Gelatin Market: https://www.factmr.com/report/4153/vegan-gelatin-market

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