The global gluten-free product market, projected at 5.1 (USD Billion) in 2019, is expected to reach about 8.1 (USD Billion) by 2026, a CAGR of nearly 7.12%.
The global Gluten-Free Product market, which was estimated at approximately 5.1 (USD Billion) in 2019 and is predicted to accrue earnings worth nearly 8.1 (USD Billion) by 2026, is set to record a CAGR of nearly 7.12% over 2020-2026. The report offers valuation and analysis of Gluten-Free Product market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).
Introduction
Gluten is the protein which is present in rye, barley, and wheat. The main aim of using gluten is to impart elasticity to dough, which is used for manufacturing many other products possessing chewy texture along with retaining shape of the product. However, a survey has unleashed that nearly twenty percent of customers across the globe do not intake certain kinds of diet due to allergies and gluten is one of such diet to which some of the consumers are allergenic. Furthermore, persons who are intolerant to gluten can suffer from myriad kinds of autoimmune disorders.
Market Growth Drivers
Surge in the populace of the working women resulting in their massive dependence on gluten-free diet as well as convenience foods will bolster the expansion of gluten-free product market over the forthcoming years. In addition to this, rise in the occurrence of imitable bowel syndrome and celiac is expected to create lucrative demand for gluten-free products over the forecasting timeline. Apart from this, surge in the incidences of heart ailments, stroke, metabolic syndrome, obesity, and chronic pulmonary disorder will prompt the business trends.
Furthermore, adoption of healthy diets and disciplined lifestyles in the developed countries like the U.S. is projected to help the market record a thumping growth over the years to come. Apart from this, rise in the retail outlets, specialty stores, and convenience stores as well as easy availability of product in hypermarkets, malls, and supermarkets will prompt the business growth over the forthcoming years.
Europe To Make Notable Contributions Towards Overall Market Size By 2026
The expansion of the industry in Europe over the estimated timeline is owing to strict laws passed by EU over intake of food items. Furthermore, gluten-free items are utilized for preparing European food items like rolls, strudels, baklava, and pastries. In addition to this, these products have the texture & taste and possess large proportion of low density lipoprotein and help in controlling routine metabolic activities of the body.
Key participants influencing the market growth are Uncle Tobys, General Mills, MOMA, Alara Wholefoods Ltd., Sanitarium Health & Wellbeing Company, Country Choice, Nature’s Path, Weetabix, Amy’s Kitchen, Bagrrys India Ltd., Kellogg’s, Nestle, Raisio, and Quaker Oats Company.
This report segments the global gluten-free product market as follows:
Global Gluten-Free Product Market: Product Category Segment Analysis
Global Gluten-Free Product Market: Distribution ChannelSegment Analysis
By Region
FrequentlyAsked Questions
Surge in the populace of the working women resulting in their massive dependence on gluten-free diet as well as convenience foods will bolster the expansion of gluten-free product market over the forthcoming years. In addition to this, rise in the occurrence of imitable bowel syndrome and celiac is expected to create lucrative demand for gluten-free products over the forecasting timeline. Apart from this, surge in the incidences of heart ailments, stroke, metabolic syndrome, obesity, and chronic pulmonary disorder will prompt the business trends. Furthermore, adoption of healthy diets and disciplined lifestyles in the developed countries like the U.S. is projected to help the market record a thumping growth over the years to come.
According to Zion market research report, The global Gluten-Free Product market, which was estimated at approximately 5.1 (USD Billion) in 2019 and is predicted to accrue earnings worth nearly 8.1 (USD Billion) by 2026, is set to record a CAGR of nearly 7.12% over 2020-2026.
Europe is likely to make noteworthy contributions towards overall market revenue during 2020-2026. The regional market growth over 2020-2026 can be credited to strict laws passed by EU over intake of food items. Furthermore, gluten-free items are utilized for preparing European food items like rolls, strudels, baklava, and pastries. In addition to this, these products have the texture & taste and possess large proportion of low density lipoprotein and help in controlling routine metabolic activities of the body.
The key players profiled in the report include Uncle Tobys, General Mills, MOMA, Alara Wholefoods Ltd., Sanitarium Health & Wellbeing Company, Country Choice, Nature’s Path, Weetabix, Amy’s Kitchen, Bagrrys India Ltd., Kellogg’s, Nestle, Raisio, and Quaker Oats Company.
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