The global gluten-free food market is segmented into products such as bakery products, pizza and pasta, cereals and snacks, snacks and others.
A recent report published by research firm Nester, titled "Gluten-Free Food Market: Global Demand, Growth and Revenue Opportunities (2016-2023)" provides a detailed overview of the global gluten-free food market in terms of market segmentation by product, source and regions.
Additionally, for in-depth analysis, the report includes industry growth drivers, constraints, supply and demand risks, market attractiveness, BPS analysis and Porter's Five Forces Model.
The global gluten-free food market is segmented into products such as bakery products, pizza and pasta, cereals and snacks, snacks and others. Among these segments, the bakery segment is expected to hold the leading position in the gluten-free food market during the forecast period. Additionally, in 2015, the bakery products segment held the largest market share, followed by the cereals and snacks segment. These two product segments are primarily consumed by consumers with gluten intolerance.
The global gluten-free food market is expected to grow at a CAGR of 10.1% during the forecast period. Additionally, the global gluten-free packaged food market was worth US$4.5 billion in 2015 and is expected to reach US$8.1 billion by the end of 2023. In addition, people with celiac disease are prescribed a gluten-free diet. Gluten-free foods are easier to digest and healthier.
On the regional platform, the European region dominates the global gluten-free food market and holds the largest share among all regions. The gluten-free food market in Europe was at a significant level in 2015. Additionally, Europe is expected to show significant growth in the near future due to the growing problem of obesity in the region. Increasing awareness about limiting gluten consumption is significantly driving the market growth in the European region.
The North America region ranked second in terms of share and is expected to witness strong growth with a market share of 72% during the forecast period. Increasing awareness about obesity, celiac disease and diabetes, as well as growing awareness among consumers to limit the intake of gluten protein in their diet, are mainly driving the gluten-free packaged food market across the world.
Growing pool of patients with celiac disease
There are a growing number of patients with celiac disease for whom a strict gluten-free diet is the only way to treat the disease and reduce the risk of other complications. On average, 1 out of every 133 healthy people has celiac disease. This will further increase the demand for packaged gluten-free foods in the next 5-6 years.
Government regulations and laws
The government encourages various reforms that have been introduced, such as food labeling in the United States, to increase awareness of the gluten-free diet. There are more than 2,000 gluten-free products available in the United States, and consumers are more likely to find these products in regular grocery stores. Increasing awareness about obesity, celiac disease and diabetes, as well as growing awareness among consumers to limit the intake of gluten protein in their diet, are mainly driving the gluten-free packaged food market across the world. In addition, the appearance of new products on the market attracts the attention of consumers. Key market players in the bakery, cereals and snacks segment introduced various new products. These newly launched products will help increase sales of packaged gluten-free foods worldwide.
On the contrary, the huge difference between the prices of biodegradable and traditional/traditional packaging materials is a major obstacle to the global biodegradable packaging industry.
This report also presents the existing competitive scenario of some of the key players in the global Gluten Free Foods market which includes company profiling of Hain Celestial, Kellogg, Kraft Heinz, Pirate Brands, Dr Schaer, Mrs Crimble, Freedom Foods, Pastariso, Amy's Kitchen. , Enjoy Life Foods, Ener-G Foods Inc., Food For Life.
Profiling includes key information about companies, which includes business overview, products and services, key financial indicators, and the latest news and events. Overall, the report provides a detailed overview of the global Gluten Free Foods market which will help industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players looking for opportunities and other stakeholders to align their market-oriented strategies as per the current and expected future trends.
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