According to IMARC Groups latest report, titled Gluten-Free Products Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the Gluten-Free Products Market?
The global gluten-free products market size reached US$ 19.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.
What is Gluten-Free Products?
Gluten is a protein found in wheat, rye and barley that contains significant amounts of fats and salt. Products made from this protein have adverse health effects, especially for people having gluten intolerance. The consumption of gluten products affects the small intestine of these individuals, thereby causing diarrhea, abdominal pain, bloating, forgetfulness and irritation. Owing to increasing inclination towards maintaining a healthy lifestyle among individuals, manufacturers are focusing on introducing gluten-free (GF) products around the world.
What are the growth prospects and trends in the gluten-free products industry?
Gluten-free products have proven to be beneficial for people fighting with chronic gastrointestinal disorders, such as irritable bowel syndrome (IBS) and various gluten-related diseases, including gluten ataxia and celiac disease. Furthermore, owing to growing health-consciousness, there has been a rise in the consumption of gluten-free foods and the adoption of a gluten-free lifestyle across the globe.
Manufacturers are investing significantly in developing gluten-free ready-to-eat (RTE) meals to cater to the diversified tastes of the increasing working population. The rising demand for weight management programs is also catalyzing market growth as gluten-free food products form an integral part of the diet charts of such programs. Moreover, increasing research and development (RD) activities to improve the texture and nutritional value of gluten-free products by adding bovine plasma proteins are expected to drive the market further.
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Who are the key players operating in the industry?
The report covers the major market players including:
- Kraft Heinz Company
- Hain Celestial Group
- Boulder Brands
- General Mills
- Pinnacle Foods
- Kellogg's, Hero Group
- Freedom Nutritional Products
- Warburtons
- Barilla Group
- Glutamel
- Raisio Group
- Schr Company
- Domino's Pizza Enterprises
- Alara Wholefoods Ltd
- Genius Foods
- Enjoy Life Foods
- Silly Yak Foods
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Bakery Products
- Breads, Rolls, Buns, and Cakes
- Cookies, Crackers, Wafers, and Biscuits
- Baking Mixes Flours
- Snacks RTE Products
- Pizzas Pastas
- Condiments Dressings
- Others
Breakup by Source:
- Animal Source
- Dairy
- Meat
- Plant Source
- Rice and Corn
- Oilseeds and Pulses
- Others
Breakup by Distribution Channel:
- Conventional Stores
- Grocery Stores
- Mass Merchandisers
- Warehouse Clubs
- Online Retailers
- Specialty Stores
- Bakery Stores
- Confectionery Stores
- Gourmet Stores
- Drugstores Pharmacies
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise
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