The global gluten-free food market is on a trajectory of significant growth, with an estimated valuation of US$ 5,870 million in 2024, projected to reach US$ 11,587 million by 2034. This market is being primarily driven by factors such as the rising incidence of celiac disease, increasing consumer awareness about gluten-related allergies, and a growing preference for healthier dietary choices.
Demand of the Market:
- Health Concerns: With the prevalence of celiac disease and other food allergies rising globally, there is a growing demand for gluten-free food products among consumers seeking alternatives to traditional wheat-based foods.
- Changing Consumer Preferences: Consumers are increasingly opting for ready-to-eat and low-fat food options, driving the demand for gluten-free alternatives in baked goods and snacks. Additionally, the shift towards organic and natural food products is further fueling market growth.
- Social Media Influence: The influence of social media, particularly among younger generations, is driving awareness about smart and healthy eating habits, contributing to the growing popularity of gluten-free foods.
Tap into Market Opportunities and Stay Ahead of Competitors – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-15267
Growing Factors:
- Technological Innovations: Manufacturers are adopting novel technologies like microencapsulation to extend the shelf life of gluten-free products while preserving their taste and texture. This innovation addresses the challenge of maintaining product quality in gluten-free formulations.
- Expanding Market Segments: The gluten-free snacks market, particularly in the bakery and fast-food sectors, is experiencing significant growth as consumers increasingly prioritize health-conscious snack options. This expansion presents lucrative opportunities for market players to diversify their product portfolios and cater to evolving consumer preferences.
- Convenient Accessibility: The availability of gluten-free products in various retail channels, including convenience stores, drugstores, and specialized outlets, is facilitating easy access for consumers. Additionally, the growing popularity of e-commerce platforms is further driving sales of gluten-free products, offering convenience and accessibility to a wider consumer base.
Key Takeaways from Market Study
- By product type, bakery products segment is expected to dominate the global gluten-free food market during the assessment period.
- By form, demand for solid gluten-free food products is likely to grow at higher CAGR throughout the forecast period.
- The North America gluten free food market is expected to witness a lucrative growth rate of 7.3% during the forecast period.
- East Asia is expected to emerge as a prominent market for gluten free food market in the forecast period.
- Sales of gluten-free foods to increase at a robust pace in China market over the assessment period.
“The adoption of micro-encapsulation technology by manufacturers to increase the shelf life of gluten free food will expand the global gluten-free food market size,” says a Future Market Insights analyst.
Contact Us Now To Discuss Your Customization Options And Unlock The Full Potential Of Market Intelligence For Your Business Success: https://www.futuremarketinsights.com/customization-available/rep-gb-15267
Competitive Landscape
The gluten free food market is fragmented among multinational companies such as General Mills, The Kraft Heinz Company, Kellogg’s Company to name a few, as well as regional players who are competing to gain major market shares. Key manufacturers have set their focus on organic business strategies such as introducing new products to their portfolio to cater to the shifting demand of consumers for gluten free food items along with inorganic strategies like mergers and acquisitions:
- Veripan announced the launch of their first gluten free flour especially for the preparation of gluten free bakery products, to meet the rising demand for gluten free food from the consumers due to rising cases of celiac disease, food allergies and health consciousness.
- Enjoy Life Foods, a snack manufacturing company based out of the U.S was acquired by Mondelez International Inc., as a strategic move to expand their portfolio in gluten free products.
Key Players Profiled in the Gluten-free Food Market Report
- The Kraft Heinz Company
- Kellogg’s Company
- General Mills
- The Hain Celestial Group Inc
- ConAgra Brands Inc
- Hero AG
- Barilla G.E.R Fratelli S.P.A
- Freedom Foods Group Limited
- Raisio PLC
- Enjoy Life Foods
Gain Immediate Access to Detailed Market Insights Purchase Now: https://www.futuremarketinsights.com/checkout/15267
Gluten-Free Food Market by Category
By Product Type, Gluten-Free Food Market is Segmented as:
- Infant Formula
- Bakery Products
- Pasta
- Dairy Products
- Ready Meals
- Other Product Types
By Form, Gluten-Free Food Market is Segmented as:
- Liquid Form
- Solid Form
By Source, Gluten-Free Food Market is Segmented as:
- Animal Sources
- Dairy
- Meat
- Plant Sources
- Pulses
- Oilseed
- Rice
- Corn
- Others
By Sales Channel, Gluten-Free Food Market is Segmented as:
- Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
- Online Sales Channel
- Company Website
- E-commerce Platform
By Region, Gluten-Free Food Market is Segmented as:
- North America
- Latin America
- Europe
- Middle east and Africa
- East Asia
- South Asia
- Oceania
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube