Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.07 Billion | USD 16.49 Billion | 9.87% | 2023 |
Gluten-Free Product Industry Prospective:
The global Gluten-Free Product Market size was worth around USD 7.07 Billion in 2023 and is predicted to grow to around USD 16.49 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 9.87% between 2024 and 2032.
The report analyzes the global Gluten-Free Product Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Gluten-Free Product industry.
The report offers a valuation and analysis of the Gluten-Free Product market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on value (USD Billion).
Gluten is the protein that is present in rye, barley, and wheat. The main aim of using gluten is to impart elasticity to dough, which is used for manufacturing many other products possessing chewy texture along with retaining the shape of the product. However, a survey has revealed that nearly twenty percent of customers across the globe do not intake certain kinds of diet due to allergies and gluten is one such diet to which some of the consumers are allergenic. Furthermore, persons who are intolerant to gluten can suffer from myriad kinds of autoimmune disorders.
A surge in the populace of working women resulting in their massive dependence on gluten-free diets as well as convenience foods will bolster the expansion of the gluten-free product market over the forthcoming years. In addition to this, the rise in the occurrence of imitable bowel syndrome and celiac is expected to create lucrative demand for gluten-free products over the forecasting timeline. Apart from this, the surge in the incidences of heart ailments, stroke, metabolic syndrome, obesity, and chronic pulmonary disorder will prompt business trends.
Furthermore, the adoption of healthy diets and disciplined lifestyles in developed countries like the U.S. is projected to help the market record a thumping growth over the years to come. Apart from this, rise in the retail outlets, specialty stores, and convenience stores as well as the easy availability of products in hypermarkets, malls, and supermarkets will prompt business growth over the forthcoming years.
Report Attributes | Report Details |
---|---|
Report Name | Gluten-Free Product Market Research Report |
Market Size in 2023 | USD 7.07 Billion |
Market Forecast in 2032 | USD 16.49 Billion |
Growth Rate | CAGR of 9.87% |
Number of Pages | 255 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Uncle Tobys, General Mills, MOMA, Alara Wholefoods Ltd., Sanitarium Health & Wellbeing Company, Country Choice, Nature’s Path, Weetabix, Amy’s Kitchen, Bagrrys India Ltd., Kellogg’s, Nestle, Raisio, and Quaker Oats Company. |
Segments Covered | By Product, By Distribution Channel, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Europe To Make Notable Contributions Toward Overall Market Size By 2026
The expansion of the industry in Europe over the estimated timeline is owing to strict laws passed by the EU over the intake of food items. Furthermore, gluten-free items are utilized for preparing European food items like rolls, strudels, baklava, and pastries. In addition to this, these products have the texture & taste and possess a large proportion of low-density lipoprotein, and help in controlling routine metabolic activities of the body.
Key participants influencing the market growth are
This report segments the global gluten-free product market as follows:
Global Gluten-Free Product Market: Product Category Segment Analysis
Global Gluten-Free Product Market: Distribution ChannelSegment Analysis
By Region
FrequentlyAsked Questions
Surge in the populace of the working women resulting in their massive dependence on gluten-free diet as well as convenience foods will bolster the expansion of gluten-free product market over the forthcoming years. In addition to this, rise in the occurrence of imitable bowel syndrome and celiac is expected to create lucrative demand for gluten-free products over the forecasting timeline. Apart from this, surge in the incidences of heart ailments, stroke, metabolic syndrome, obesity, and chronic pulmonary disorder will prompt the business trends. Furthermore, adoption of healthy diets and disciplined lifestyles in the developed countries like the U.S. is projected to help the market record a thumping growth over the years to come.
According to Zion market research report, The global gluten-free product market size projected at USD 7.07 Billion in 2023, is expected to reach about USD 16.49 Billion by 2032, a CAGR of nearly 9.87%.
Europe is likely to make noteworthy contributions towards overall market revenue during 2024-2032. The regional market growth over 2024-2032 can be credited to strict laws passed by EU over intake of food items. Furthermore, gluten-free items are utilized for preparing European food items like rolls, strudels, baklava, and pastries. In addition to this, these products have the texture & taste and possess large proportion of low density lipoprotein and help in controlling routine metabolic activities of the body.
The key players profiled in the report include Uncle Tobys, General Mills, MOMA, Alara Wholefoods Ltd., Sanitarium Health & Wellbeing Company, Country Choice, Nature’s Path, Weetabix, Amy’s Kitchen, Bagrrys India Ltd., Kellogg’s, Nestle, Raisio, and Quaker Oats Company.
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