Gluten-Free Products Market Outlook, Competitive Landscape And Forecasts To 2026 | AMR

Frozen Food Market Dairy Protein MarketMarket Food Service Equipment Gluten-Free Products Market No. of Pages- 245

Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis and Industry Forecast, and Industry Forecast, and Industry Forecast, and Industry Forecast, and Forecast, andIndustry Industry Forecast, 2019-2026 2020-2027 2020-2027 2019-2026 2020-2027 2020-2027 Download Report Sample

Gluten-Free Products Market

Gluten-Free Products Market by Type (Gluten-free Baby Food, Gluten-free Pasta, Gluten-free Bakery Products, and Gluten-free Ready Meals) and Distribution Channel (Convenience Stores, Specialty Stores, Drugstore & Pharmacy, and Others): Global Opportunity Analysis and Industry Forecast, 2020– 2027."According to the report, the global gluten-free products industry was estimated at $4.3 billion in 2019, and is anticipated to hit $7.5 billion by 2027, registering a CAGR of 7.2% from 2020 to 2027.

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Gluten-Free Products Market Covid-19 scenario: •The gluten-free products market will not be affected much during the months of coronavirus pandemic, as these products come under essential goods. The demand has been declined as people are becoming more conscious about buying food products. •However, the production has been slowed down and carried out with minimum number of workers due to the government guidelines during Covid-19 pandemic.

Increase in number of patients suffering from celiac disease and gluten intolerance, rise in number of fitness, health, and beauty conscious consumers, attractive marketing strategies, and operational growth in sales channelsdrive the growth of the global gluten-free products market. However, lack of proper awareness about gluten-free diet and high cost of gluten-free products hinder the market growth. On the other hand, rise in investments by small and mid-sized players and private labeling of gluten-free products create new opportunities in the coming years.

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Gluten-Free Products Market

Based on type, the gluten-free bakery products contributed to nearly three-fifths of the global gluten-free products market share in 2019, and is expected to lead the trail by the end of 2027. Increase in demand from celiac patients who want to enjoy bakery products such as cakes, rolls buns, and pizzas boosts the segment growth. The gluten-free baby food segment, on the other hand, would portray the fastest CAGR of 10.5% hroughout the forecast period. Babies with celiac disease and gluten intolerance can exhibit symptoms such as inactivity in physical growth, skin rash, and foul-smelling stools. This factor has propelled the growth of he segment.

Based on distribution channel, the convenience stores segment accounted for more than two-fifths of the global gluten-free products market revenue in 2019, and is expected to rule the roost till 2027. Attractive display and low price of gluten-free products in the hypermarket fuel the growth of the segment. At the ame time, the drugstores & pharmacies segment would manifest the fastest CAGR of 8.1% during the study period, owing to increase in the number of pharmacies across the world. Also, the fact that the gluten-free products available in drugstores & pharmacies help improve cholesterol levels and promote digestive health drive the segment growth.

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Gluten-Free Products Market

The Major Key Players Are: • • • • • • • • • •

Hain Celestial Group, Inc. Quinoa Corporation ConAgra food Inc. Kellogg Company Valeo Foods Group Limited The Kraft Heinz Company Freedom Foods Group Limited Mondelez International Inc. General Mills, Inc. Koninklijke Wessanen N.V.

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Gluten-Free Products Market Key findings of the study •The gluten-free products market size was valued at $4.3 billion in 2019 and is estimated to reach $7.5 billion by 2027, growing at a CAGR of 7.2% during the forecast period.

•By type, the gluten-free baby food segment is estimated to witness the fastest growth, registering a CAGR of 10.5% during the forecast period.

•In 2019, by distribution channel, the convenience stores segment held the highest share, accounts for 42% of the global gluten-free products market share.

•In 2019, Germany was the most prominent market in Europe and is expected to grow at a significant CAGR throughout the gluten-free products market forecast period.

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Gluten-Free Products Market

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