Global Gluten Free Food Market: Full Year 2015-2027 Results | Estimated to be Worth USD 23.71 Billion in 2019 and is Projected to Reach USD 47.12 Billion By 2027: Proficient Market
According to a new report published by Proficient Market, titled, “Global Gluten Free Food Market– Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2019 – 2027″ The report has offered an all-inclusive analysis of the global gluten free food market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
According to the report, Global gluten free food Market in 2019 stood at USD 23.71 billion and is expected to reach USD 47.12 billion by 2027 growing at a CAGR of 10.3% from 2020 to 2027.
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Gluten free foods are those foods that strictly exclude gluten (gluten is a protein found in various grains like wheat, rye, barley, oats and maintains the shape of various foods as it acts like a glue that holds food together) because gluten proteins have less biological and nutritional value. It is mostly beneficial to individuals suffering from gluten allergies, overweight, celiac disease and various other health conditions faced by all age groups. Gluten free foods aid in improving the digestive system, boosts energy levels/metabolism, improves cholesterol levels and also help overcome weight gain/obesity issues. Various natural gluten free foods are milk & dairy products, fish, eggs, vegetables, rice, nuts, legumes and various other products.
Gluten free food Market Key Players: The research study includes profiles of leading companies operating in the global gluten free food market. Key players profiled in the report include:
Pinnacle Foods Inc.
Hain Celestial Group Inc.
General Mills Inc.
The Kraft Heinz Company
Genius Foods Pvt. Ltd
Freedom Foods Group Limited
Mondelez International Inc.
Valeo Foods Group Limited
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Drivers for the Global Gluten free food Market: Rising demand of gluten free foods due to increasing occurrences of uncontrollable bowel syndrome, celiac diseases, obesity, gluten intolerance conditions and lifestyle-related diseases (chronic & non-chronic) that can lead to disability or death globally are owing to increase the disposable income and growth of the industry. Health care and diseases which require an individual to have a gluten deficit diet are the main drivers of the market.
Opportunities for the Global Gluten free food Market: Moreover, increasing awareness regarding the benefits of gluten-free products, various campaigns initiated by companies, improvement in the promotion initiatives by manufacturers, improved distribution channels globally, increase weight management concerns and high penetration of the internet in order to advertise the products. Hence these factors are providing future opportunities for the industry.
Restrains for the Global Gluten free food Market: However, high cost of gluten free products, allergies & intolerance by specific individuals, unbalanced selection of food & incorrect replacement of gluten free foods can lead to nutritional deficiencies and some snacks and products that are replaced with gluten free products by commercial businesses are not enriched/ fortified as the gluten containing counterparts and can have high and low sources of carbohydrates and other elements. Hence these factors can majorly hamper the growth of the gluten free food industry.
Region Wise, Global Gluten free food Market Analysis: North America held major share in the market due to general economic conditions, investment in new inventions, internet penetration, thriving e-commerce market and satisfactory demographics. Besides Europe and Asia-Pacific have large shares in the market.
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Global Gluten free food Market: Product analysis
Gluten-free baby food
Gluten-free bakery products
Gluten-free ready meals
Gluten-free natural products
On the basis of type, gluten-free bakery products accounted for largest share of total revenue generated. Because, of new product innovations like: gluten free muffins, cookies, croissants, focaccia, baking mixes and many more. And also, shelf-life, texture and taste are the main conditions provided while baking products and hence high consumption of the gluten free products by individuals of all age groups.
Global Gluten free food Market: Application analysis
Independent Natural or Health Food Store
The demand of global gluten free food Market is highest from independent natural or health food store, due to increasing customers, more consumers who want to manage healthier lifestyles and increase number of life style practices for weight management and other lifestyle diseases.
Global Gluten Free Food Market Market: Region analysis
North America: U.S., Canada, Mexico
Europe: U.K., France, Germany, Spain, Italy, Rest of Europe
Asia Pacific: China, Japan, South Korea, ASEAN, India
Rest of Asia Pacific: Latin America, Brazil, Argentina, Colombia, Rest of L.A.
Middle East and Africa: Turkey, GCC, UAE, South Africa, Rest of Middle East
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