Kings Research published a new report on Global Gluten Free Food Market Global Industry Size, Share, Growth, Industry Trends & Forecast 2031, covering various industry elements and growth trends helpful for predicting the industry future.
Gluten Free Food Market was valued at USD 6.32 billion in 2022 and is expected to reach USD 12.46 billion by 2030, expanding at an 8.98% CAGR from 2023 to 2030. The global market for gluten-free food has grown significantly in recent years, owing to an increasing number of people suffering from gluten intolerance and celiac disease. Gluten-free diets are popular not only among those with specific dietary limitations, but also among health-conscious people who view gluten-free items as healthier options.
Furthermore, as more people become aware of the possible health benefits of following a gluten-free diet, there is an increasing demand for gluten-free products, even among those who do not have specific gluten-related diseases. This growing demand has helped to fuel the growth of the gluten-free food sector. As a result, major food firms have taken advantage of this opportunity and begun creating gluten-free goods. This not only provides consumers with more options, but it also ensures that these products have undergone stringent quality control methods to meet the needs of gluten-sensitive persons.
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List of Top Companies Gluten Free Food :
- Conagra Brands, Inc.
- The Hain Celestial Group
- General Mills, Inc.
- Kellogg Company
- The Kraft Heinz Company
- Hero Group
- Barilla G. e R.
- Seitz glutenfrei
- Freedom Foods Group Ltd
- Ecotone
Key Developments:
Recent product launches have highlighted the dynamic nature of the market. For instance, in November 2022, Rage Coffee introduced gluten-free snack options, while in November 2021, Hy-Vee, Inc. launched "Good Graces," a new private brand offering a comprehensive range of gluten-free products
The increasing diagnosis of celiac disease and gluten intolerances is a major catalyst for the expansion of the gluten-free food market. According to recent data, the global prevalence of celiac disease is rising at an annual rate of 7.5%. This surge in diagnoses has led to greater demand for gluten-free food options, prompting food manufacturers to develop and expand their gluten-free product lines.
Moreover, the growing awareness of the health benefits associated with gluten-free diets has attracted a broader consumer base. Many health-conscious individuals and fitness enthusiasts are choosing gluten-free products to manage weight, reduce inflammation, and improve overall health. This has resulted in an increase in the variety and availability of gluten-free products, including breads, pastas, snacks, and desserts.
Regional Insights:
North America: leads the gluten-free food market, driven by the high prevalence of gluten intolerance and celiac disease, coupled with increasing consumer preference for gluten-free diets as a lifestyle choice. The region benefits from a diverse range of gluten-free products and stringent food labeling regulations that enhance consumer trust and product accessibility
Europe:is the second-largest market, with growing awareness and diagnoses of gluten-related disorders. Changes in consumer lifestyles and a greater focus on health have propelled the demand for gluten-free products. The region's market growth is also supported by increased product availability and variety
Gluten Free Food Market is Segmented as:
By Product Type:
- Baby Food
- Bakery
- Cereals & Snacks
- Pizza & Pasta
- Savories
- Others
By Source:
- Rice & Corn
- Oil Seeds & Pulses
- Dairy & Meat
- Others
By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Article source: https://article-realm.com/article/Business/64180-Gluten-Free-Food-Market-to-Hit-USD-12-46-Billion-by-2031.html
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