Dublin, Sept. 25, 2023 (GLOBE NEWSWIRE) -- The "Gluten-Free Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global gluten-free products market size reached US$19.1 Billion in 2022. Looking forward, the market is set to reach US$30.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.
Gluten is a protein that is usually found in wheat products such as bread, baked goods, cereals and pasta. It is also present in barley-based products, including malt, malt vinegar, beer and various food colorings. Gluten provides elasticity and moisture to food products and aids in retaining the product shape while cooking.
Although this protein is safe for consumption, it should be avoided by individuals with celiac disease, gluten sensitivity, gluten ataxia and wheat allergy. They can choose from a wide range of gluten-free products such as olive oil, eggs, fish, vegetables, fruits and various herbs that assist in boosting energy levels, curing digestive ailments and reducing cholesterol and fat in the body.
North America represents the largest market share for gluten-free products across the globe.The rising prevalence of gluten intolerance, Irritable Bowel Syndrome (IBS) and celiac disease across the globe is one of the key factors driving the growth of the market. There is growing consumer awareness of the preventive measures that can be taken to manage such ailments, which is catalyzing the demand for easy-to-digest, gluten-free products.
Furthermore, owing to the busy schedules and hectic lifestyles, consumers are increasingly opting for gluten-free, ready to eat meals, pasta and baby food products. There is also a growing demand for weight management programs and diet plans that include grain-free food alternatives.
Moreover, owing to the thriving e-commerce industry, vendors are adopting online retail systems to provide a broad product range to the consumers. They are also manufacturing attractive and sustainable packaging with clean labeling to gain consumer attention, which is expected to impact the market positively.
Key Questions Answered in This Report
- What was the size of the global gluten-free products market in 2022?
- What is the expected growth rate of the global gluten-free products market during 2023-2028?
- What are the key factors driving the global gluten-free products market?
- What has been the impact of COVID-19 on the global gluten-free products market?
- What is the breakup of the global gluten-free products market based on the product type?
- What is the breakup of the global gluten-free products market based on the distribution channel?
- What are the key regions in the global gluten-free products market?
- Who are the key players/companies in the global gluten-free products market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 149 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $19.1 Billion |
| Forecasted Market Value (USD) by 2028 | $30.5 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being
- 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
- Dr. Schar Company
- Domino's Pizza Enterprises
- Alara Wholefoods Ltd
- Genius Foods
- Enjoy Life Foods
- Silly Yak Foods
Key Market Segmentation:
Breakup by Product Type:
Amongst these, bakery products represent the most preferred product category.
- 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:
On the basis of the source, the market has been bifurcated into animal and plant sources.
- Animal Source
- Dairy
- Meat
- Plant Source
- Rice and Corn
- Oilseeds and Pulses
- Others
Breakup by Distribution Channel:
Conventional stores currently exhibit a clear dominance in the market.
- 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
For more information about this report visit https://www.researchandmarkets.com/r/jry3ud
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