Gluten-Free Products Market Size Worth $43.65 Billion By 2027: Grand View Research, Inc.

July 06 20:49 2020
Gluten-Free Products Market Size Worth $43.65 Billion By 2027: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
The global gluten-free products market size was estimated at USD 21.61 billion in 2019, and is expected to expand at a CAGR of 9.2% during the forecast period of 2020 to 2027.

The global gluten-free products market size is projected to reach USD 43.65 billion by 2027, exhibiting a CAGR of 9.2% during the forecast period, according to a new report published by Grand View Research, Inc. The rising prevalence of lifestyle-related diseases has favored is driving the product demand. Increasing instances of diseases, most notably chronic and non-communicable diseases leading to disability or death have bolstered the demand for gluten-free products.

U.S. gluten-free products market size, by product, 2016 - 2027 (USD Billion)

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Furthermore, increasing focus of food manufacturers as regards various parameters including production of food products with less saturated fat coupled with efficient labelling solutions has driven the demand for gluten-free products. Another important factor favoring market growth is the increasing incidences of Irresistible Bowel Syndrome (IBS) and celiac diseases. U.S. is one of the major consumers of gluten-free products as on an average, one of every 133 people suffer from celiac disease, and one in every 56 people experience similar symptoms. High cases of misdiagnosis of the disease is likely to drive the product demand in the country. However, the lack of awareness about celiac disease, leading to the consumption of gluten-rich food products, may hinder the market growth.

North America accounted for the largest revenue share of 40.61% in 2019. The region is home to major food brands and companies with extensive distribution networks that provide a wide array of commodities. Consumers also have favorable perceptions about healthy gluten-free food products, which is likely to boost the market growth. The favorable regulatory framework and initiatives to promote a gluten-free diet by the U.S. Food and Drug Administration (FDA) and subsidy allocations are anticipated to boost the regional market over the forecast period.

Key suggestions from the report:

  • In terms of product, bakery products emerged as the largest segment in 2019, registering a revenue of USD 5.64 billion. It is expected to expand at a CAGR of over 10.2% over the forecast period
  • In terms of distribution, independent natural or health food store segment is anticipated to register the fastest growth over the forecast period, attributed to the rising consumer disposable incomes and awareness about organic and natural foods
  • Asia Pacific is expected to witness the fastest growth over the forecast period. The market conditions are highly promising due to factors such as the increasing internet penetration, booming e-commerce market, and favorable demographics
  • Australia is a growing market for gluten-free bakeries. Regulations by the Australian government favor the initialization of start-ups in the food and beverage industry
  • The gluten-free products market is highly competitive with a sizable number of players sharing the market space. Some of the key competitive strategies employed by the companies include mergers and acquisitions, expansion of product portfolio, and product innovation
  • Major market participants include Boulder Brands, Inc.; General Mills, Inc.; The Hain Celestial Group, Inc.; The Kraft Heinz Company; Kellogg’s Company; Hero Group AG; and Big Oz Industries Ltd.

Global gluten-free products market share, by distribution channel, 2019 (%)

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Grand View Research has segmented the global gluten-free products market on the basis of product, distribution channel, and region:

Gluten-free Product Outlook (Revenue, USD Million, 2016 – 2027)

  • Bakery Products
  • Dairy/ Dairy Alternatives
  • Meats/ Meats Alternatives
  • Condiments, Seasonings, Spreads
  • Desserts & Ice Creams
  • Prepared Foods
  • Pasta and Rice
  • Others

Gluten-free Products Distribution Channel Outlook (Revenue, USD Million, 2016 – 2027)

  • Grocery Stores
  • Mass Merchandiser
  • Independent Natural or Health Food Store
  • Club Stores
  • Drug Stores
  • Others

Gluten-free Product Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • U.K.
  • Asia Pacific
    • Australia
    • China
    • India
    • New Zealand
  • Central & South America
    • Brazil
  • Middle East & Africa

Find more research reports on Consumer F&B Industry, by Grand View Research:

Powdered Sugar Market – The global powdered sugar market size was estimated at USD 5.62 billion in 2018. The market is projected to expand further at a CAGR of 4.2% from 2019 to 2025.

Oat-based Snacks Market – The global oat-based snacks market size was valued at USD 17.47 billion in 2018 and is expected to expand at a CAGR of 4.3% during the forecast period.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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