Gluten-free Bakery Market Research Future Insights
The global gluten free bakery market is expected to register a CAGR of ~ 4.90% from 2022 to 2030 and hold a value of over ~USD 2.1533 billion by 2032.
Growing industry demand is driven by rising interest in gluten-free products as a treatment for celiac disease. Due to the rise in popularity among people with other illnesses like inflammatory diseases, autoimmune disorders, and non-celiac gluten sensitivity, gluten-free bakery products are also gaining importance.
The gluten-free bakery market outlook is growing due to growing government awareness campaigns about using gluten-free products to treat celiac disease and other conditions not caused by the disease. Customers now need to be diagnosed with celiac disease more frequently, which has increased demand for the product. Additionally, it is anticipated that the growing trend of eating healthily in developing nations will offer market expansion opportunities. With the growing health concerns worldwide, the industry's growth is mostly driven by the rising demand for wholesome food items. Furthermore, the business is anticipated to expand due to the rising demand for healthy food products to prevent health issues like metabolic syndrome, diabetes, obesity, and chronic pulmonary disease (COPD). Introducing new products by manufacturers is also a major factor in the sector's expansion. During the COVID-19 epidemic, there was an increase in demand for healthful foods, particularly gluten-free baked goods, which aided the industry's expansion. Healthcare doctors recommended eating healthy foods daily to maintain the body's immunity during the epidemic.
Key Players
Some of the key market players are Amy's Kitchen; Bob’s Red Mill Natural Foods, Inc.; Dawn Food Products; The Hain Celestial Group; Dr. Schar AG; Freedom Nutritional Products Ltd.; General Mills; Conagra Brands; Valeo Foods Ltd.; WGF Bakery Products; Europastry S.A.; Kelkin.
Market Segmentation
The global gluten-free bakery market insights has been segmented into product type and distributional channels.
Based on product type, the market has been segmented into bread, biscuits & cookies, and cakes. The bread segment accounted for the largest share of the market in 2021. Due to the numerous health advantages of low-carb, gluten-free, rye, wheat-free, and other types of bread, there is a huge demand for them on the market. Gluten-free bread satisfies the desire for fast and convenient nourishment, especially among working people. The ability to tailor bread to fulfill certain demands is another factor that will likely fuel the segment's expansion. Patients with celiac disease are increasingly consuming gluten-free bread, accelerating market growth. On the other hand, the biscuits & cookies segment is anticipated to be the fastest-growing segment during the forecast period. Global product demand is increasing as customer food preferences change and healthy eating habits become more popular. Over the next ten years, it is anticipated that busy lives, rising health & wellness concerns, and healthy snacking habits will all contribute to business growth. Increasing demand for nutritious cookies
Based on distributional channels, the market has been segmented into supermarkets & hypermarkets, convenience stores, specialty stores, and online. Supermarkets & hypermarket accounted for the largest revenue share in 2021 in the gluten-free-bakery market. The supermarkets & hypermarkets provide a wide range of product options and allow consumers to know the product details before purchasing, contributing to the segment growth. Furthermore, the strong offline retail chain in many economies, such as the U.S., China, India, and other major countries, aided in the growing sales of gluten-free bakery items via hypermarkets & supermarkets. The greater availability of healthy food items in supermarkets and hypermarkets has increased the overall sales of gluten-free bakery products. Besides online segment is accounted to register the highest growth in the market. Millennials and the younger generation are particularly drawn to online shopping platforms because of the ease of home shopping, doorstep delivery, free shipping, and discounts.
Regional Analysis
North America dominated the market for gluten-free bakeries in 2021. A large number of celiac disease sufferers in the area is what primarily drives the local market. Additionally, the U.S. and Canada's rising desire for wholesome diet items had a role in the region's high share. The younger generation and the significant demand from millennials for quick, convenient foods with high nutritional profiles helped the market expand in this area.
Asia Pacific is expected to register lucrative growth in the market for a gluten-free bakeries. The industry in the Asia-Pacific area is primarily propelled by growing public knowledge of the advantages of gluten-free food items in important nations like China, India, and others. Additionally, it is predicted that the rising awareness of celiac disease will increase the demand for gluten-free meals in these nations.
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