Press release
Gluten Free Snacks Market Gain Popularity Amid Rising Awareness of Celiac Disease and Digestive Health
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 2034"The global gluten free snacks market is estimated to reach over USD 2.6 Bn by the year 2034, exhibiting a CAGR of 9.2% during the forecast period.
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Gluten, a protein found in grains such as wheat, barley, and rye, is excluded from gluten-free food products. Gluten is a significant factor contributing to systemic and gastrointestinal disorders, including gluten intolerance, gluten ataxia, and dermatitis herpetiformis. The rising incidence of gluten-related disorders, coupled with unhealthy lifestyle factors, is expected to drive increased demand for gluten-free snacks. Furthermore, growing consumer awareness regarding the prevention of chronic health conditions such as insulin resistance, diabetes, obesity, chronic respiratory diseases, and cardiovascular ailments is projected to support market growth.
The COVID-19 pandemic has further influenced consumer preferences toward gluten-free snacks, as individuals prioritize health and wellness. The increasing prevalence of celiac disease and irritable bowel syndrome (IBS) in both developed and emerging markets is anticipated to contribute significantly to the expansion of the gluten-free snack segment. Additionally, individuals with wheat sensitivity, whose symptoms exacerbate upon gluten consumption, are expected to bolster demand in regions with higher disorder prevalence.
Moreover, the market is being propelled by consumers who adopt gluten-free diets due to existing medical conditions as well as those who choose such diets for perceived health benefits. The growing popularity of dietary trends such as paleo is also contributing to the rising demand for gluten-free products.
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.)
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Market Dynamics:
Drivers:
The increasing prevalence of celiac disease, irritable bowel syndrome (IBS), and gluten intolerance are key factors driving market growth. Enhanced consumer awareness regarding preventive measures to manage these conditions is boosting demand for gluten-free and easily digestible products. Additionally, busy lifestyles and hectic schedules are encouraging consumers to opt for convenient gluten-free ready-to-eat meals, pasta, and baby food products. Innovative manufacturing technologies such as extrusion cooking and annealing, which improve product texture and reduce cooking loss, are further supporting market expansion. Moreover, the rising rates of obesity are contributing to the growing demand for gluten-free snacks.
Challenges:
The gluten-free snacks market faces challenges stemming from misinformation about gluten-free diets and the relatively higher prices of gluten-free products. Elevated production costs and the availability of alternative food options, including functional foods and dietary supplements, may also constrain market growth. Furthermore, supply chain disruptions caused by the COVID-19 pandemic have led to limited availability of gluten-free snacks, exerting some negative impact on the market's progression.
Regional Trends:
The North American gluten-free snacks market is anticipated to capture a significant revenue share, driven by the perception that gluten-free foods aid digestion, reduce cholesterol, and support weight management. These factors are expected to elevate demand throughout the forecast period. The widespread availability of gluten-free products across retail outlets, particularly in the United States, is projected to further stimulate market growth. Increased awareness of celiac disease is also poised to propel the U.S. market forward. In the Asia Pacific region, a substantial market presence is attributed to factors such as rising internet penetration, a burgeoning e-commerce sector, and shifting demographic profiles. Consumers in this region include not only individuals diagnosed with celiac disease but also health-conscious populations seeking gluten-free options for weight management and overall well-being.
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.
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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 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.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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