By the end of 2022, the Growth of Gluten Free Prepared Food Market is expected to be worth US$5,762.1 million. The market is anticipated to expand at a CAGR of 7.2% from 2022 to 2032, closing at a value of US$ 11,570.14 Mn. The company saw growth between 2016 and 2021 at a CAGR of 6.2%.
Gluten is a protein found in barley, wheat, rye, and derivatives or cross-bred varieties of these grains. It is also used as a binding agent in baked goods to avoid crumbling. Gluten-containing foods are the major cause of food intolerance in celiac disease patients, an autoimmune and hereditary condition. In such circumstances, consuming gluten-rich foods damages the small intestines, which can be fatal. For such customers, the only option is to stick to a gluten-free prepared food diet.
Those suffering from wheat allergies and autism disorders are another group of people who prefer prepared gluten-free cuisine. Aside from medical concerns, some consumers incorporate prepared gluten-free cuisine into their health and fitness regimen. Mikey’s LLC, a gluten-free food company based in Scottsdale, introduced a gluten-free pizza crust in 2016.
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Gluten Free Prepared Food Market: Drivers and Restraints
The growing concern regarding food allergies and intolerance among consumers is the factor driving the gluten-free prepared food market. Prepared food manufacturers are investing in products which are tailor made to meet specific dietary requirements. The ease of availability of gluten-free prepared food through wide distribution channels such as supermarkets, grocery stores, and natural food store is expected to boost the growth of global gluten-free prepared food market. Gluten-free food products manufacturers are launching innovative products to improve the taste and nutritional value. The availability of wide variety of such products is expected to propel global gluten-free prepared food market growth.
However, the price of gluten-free prepared food is the primary barrier to adoption among non-users, which is anticipated to hamper the growth of global gluten-free prepared food market.
Gluten Free Prepared Food Market: Region Wise Outlook
The global gluten-free prepared food market can be divided into five regions, namely North America, Latin America, Europe, Asia -Pacific (APAC) and Middle East & Africa (MEA). North America accounts for more than half of the total market share in global gluten-free prepared food market. In North America, U.S. accounts for significant market share owing to growing number of consumers suffering from celiac disease and food allergies and the adoptions of gluten free food products by the consumers for health benefits.
Europe is expected to record high growth rate during the forecast period. The increasing number of children and adults affected by obesity and rising awareness of healthy lifestyle is expected to drive gluten free prepared food market in the region. APAC is anticipated to hold significant share at higher growth rate during the forecast period. This is attributed to increasing disposable income, population and rapid growth of allergen friendly food market in the region. The growing awareness of allergen friendly food among consumers in Latin America and MEA is anticipated to project moderate CAGRs in these regions during the forecast period.
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Gluten Free Prepared Food Market: Key Players
Some of the key players in the global gluten-free prepared food market are as follows:
- Ener-G Foods, Inc.
- General Mills Inc.
- Enjoy Life Foods
- Udi’s Healthy Foods, LLC
- B&G Foods, Inc
- Dr. Schär AG / SPA
- Mrs Crimble’s
- Hain Celestial
- Genius Foods
Freedom Nutritional Products Limited
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Gluten Free Prepared Food Market: Segmentation
By Product Type:
- Bakery Products
- Pasta
- Ready to Eat Products
- Bread and Rolls
By Distribution Channel:
- Grocery Store
- Supermarkets and Hypermarkets
- Health or Natural Food Store
- Drug Store
By Region:
- North America (U.S., Canada)
- Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
- Europe (EU-5 countries, Nordic countries, BENELUX, Russia, Poland, Rest of Europe)
- APAC (China, India, Japan, ASEAN, Australia & New Zealand)
- MEA (GCC Countries, S. Africa, N. Africa, Rest of MEA)
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