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Gluten Free Snacks Market Snacking Without Limits: The Rise of Gluten-Free Options 2024-2031

06-14-2024 04:43 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
Gluten Free Snacks Market Snacking Without Limits: The Rise

Gluten Free Snacks Market

Gluten free snacks Market to reach over USD 2.12 billion by the year 2031 - Exclusive Report by InsightAce Analytic

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 2024-2031, exhibiting a CAGR of 9.65% during the forecast period.

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1593

Rising Health Concerns Drive Demand for Gluten-Free Snacks
Gluten-free meals exclude gluten, a protein found in grains like wheat, barley, and rye. Gluten consumption can trigger gastrointestinal and systemic issues in individuals with celiac disease, gluten intolerance, or dermatitis herpetiformis.
The market for gluten-free snacks is experiencing significant growth, driven by several key factors:
• Increased Awareness of Gluten-Related Conditions: The growing prevalence of conditions like gluten intolerance, often linked to unhealthy lifestyles, is prompting consumers to seek gluten-free alternatives.

• Preventive Health Focus: The rising demand for healthy food products to prevent chronic diseases such as diabetes, heart disease, and obesity is also contributing to market growth. Consumers are increasingly associating gluten-free options with healthier choices.

• Heightened Health Consciousness Post-Pandemic: The COVID-19 pandemic has significantly impacted consumer behavior, with a heightened focus on personal health and well-being. This has translated into a greater demand for gluten-free snacks across both developed and developing nations.

• Growing Diagnoses of Celiac Disease and IBS: The increasing number of diagnoses for celiac disease and Irritable Bowel Syndrome (IBS) is expected to further propel the demand for gluten-free snacks as individuals with these conditions seek suitable dietary options.

These factors combined are creating a robust market for gluten-free snacks, with manufacturers aiming to cater to the growing needs of health-conscious consumers.

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.

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List of Prominent Players in the Gluten Free Snacks Market:

• Rachel Pauls Food (U.S.)
• Raisio plc (Finland)
• Silly Yaks (Australia)
• The Hain Celestial Group, Inc
• The Kraft Heinz Company
• Valeo Foods Group Ltd
• 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
• 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.

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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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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