Gluten Free Food Market to Grow at 9.5 % CAGR to Hit $6.43 Billion by 2025 – Insights On Types, Distribution Channel, Application, Meal Patterns and Growth Opportunities: Adroit Market Research

Increase in consumer spending for healthy foods and growing count of celiac disease patients is set to drive the global gluten free food market. The Europe gluten free food market reached USD 3.04 Bn in 2018 and expected to witness significant growth in coming years.

Dallas, Texas, July 22, 2019 (GLOBE NEWSWIRE) -- The “Global Gluten Free Food Market Size 2018 by Type (Cereals & Snacks, Bakery & Confectionary Products, Pizzas & Pastas, Dairy Products, Condiments & Spices, Meat, Fish & Poultry, Others) by Application (Educational Institutions, Hotels & Restaurants, Others) by Distribution Channel (Supermarkets, Retail Stores, Specialty Stores, and Online Portals) by Meal Type (Breakfast, Lunch, Dinner) Region and Forecast 2019 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.

The global gluten free food market is currently witnessing a steady growth, and projected to rise with a CAGR of 9.5% from 2019 to 2025, with the market to reach a revenue of USD 6.43 billion by 2025. Increase in the number of celiac disease patients has urged the people to adapt a gluten free diet. Advent of high standards of living and healthy lifestyles, and compromised work life balance are the factors expected to up thrust the market growth.

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This report provides a detailed analysis of gluten free food market size provides an extensive analysis of the types, distribution channel, application, and meal patterns of gluten free foods across key geographies. Global gluten free food market report provides a detailed analysis of the current and projected market size and projections for the period from 2015 to 2025, with 2018 being the base year and 2019 to 2025 as the forecast duration. The market competition has been analyzed based on the wide-ranging value chain of the food and beverages market and economic trends that help to increase the growth in different geographies. This report also covers company profiles of the leading global and local regional player with prominent position in the market competition.

Based on the type of products, the bakery products & confectionary segment held a revenue of USD 2.74 Bn in 2018 and is further expected to rise with a CAGR of over 9% from 2019 to 2025. This segment is expected to bolster mainly in the Europe, as breads and other bakery items are a part of their staple diet, and people suffering with celiac disease will consume the gluten free bakery products. Additionally, the snacks items in the gluten free segment are also on a high rise as they provide value for money with adding on healthy meal options. Moreover, the cereals and snacks segment will also boom the market growth as most people following healthy and active lifestyle prefer to choose cereals as their breakfast option.

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Among the application segment, hotels & restaurants held a volume share of over 67% in 2019 and expected to rise with a significant CAGR by 2025. Rapid growth of middle class population and rapid disposable incomes, especially in the Asia Pacific is expected to provide to bolster the growth of the aforementioned industries and in turn gluten free foods demand. However, ambiguity of the gluten free diet and high costs associated with different products are expected to restrain the market growth.

The gluten free food market in North America and Europe is gaining traction as these are the major economies on the globe. Increasing gluten free restaurants, custom tailored gluten free dishes, and the provisions of labelling are poised to increase the growth for gluten free foods. Asia Pacific has the highest number of people suffering from celiac disease currently. Moreover, Australia is also a good producer of gluten free foods, which also exports its products to Europe & North America. Asia Pacific continues to witness a fast-paced growth and this region held for CAGR of more than 10%.

Key players in the gluten free food market are moving towards alliance, especially in Western Markets. Successful partnerships help gluten free foods manufacturers grasp growth opportunities in untouched regions, progress and expand their product portfolio and achieve economies of scale. Some of the leading players operating in the gluten free food market include Dr. SchärAG,/SPA The Kraft Heinz Company, Nestle, Barilla G. e R. Fratelli S.p.A, , Goldbelly, Inc, Pinnacle Foods Group LLC, Forno d Asolo, Hero Group, and Enjoy Life Foods.

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Major points from Table of Contents:
Chapter 1.  Executive Summary
Chapter 2.  Research Methodology
Chapter 3.  Market Outlook
Chapter 4.  Market Overview, By Type
Chapter 5.  Market Overview, By Application
Chapter 6.  Market Overview, By Distribution Channel
Chapter 7.  Market Overview, By Meal type
Chapter 8.  Market Overview, By Region
Chapter 9.  Competitive Landscape
Chapter 10. Company Profiles

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