“Global
Gluten Free Food Market Demand, Growth & Revenue Opportunity (2016-2023)”
The global gluten free foods market
is segmented into product type such as bakery products, pizzas and pastas,
cereal and snacks and others. Among these segments, gluten free bakery food
products segment is expected to occupy top position in overall gluten free
foods market during the forecast period. Rising consumption of gluten free
biscuits is expected to supplement the growth of global gluten free bakery
product market. Furthermore,
innovations in gluten free foods such as increasing product lines of gain free
products (made from almond, pulses and coconut) in bakery shops are expected to
impel the growth of gluten free bakery products.
Global gluten free foods market
is expected to flourish at a significant CAGR of 10.1% during the forecast period.
Moreover, the global gluten free foods market is expected to garner USD 8.1
Billion by the end of 2023. The global demand for gluten free food is
increasing due to the increasing number of celiac patients across the globe.
Further, rising awareness about gluten free food products and its benefits are
expected to fuel the growth of the global gluten free food market over the
forecast period.
North America captured the
largest share in overall gluten free foods market in 2016. Moreover, North
America is expected to continue its dominance over the forecast period. Rising
demand for gluten free products amongst health conscious customers in U.S. and
Canada is propelling the growth of gluten free food market in North America.
Besides, rising demand from food and beverage industry and cosmetics is also
expected to impel the growth of gluten
free foods market in the North America. Europe
market is expected to expand at a significant CAGR during the forecast period
i.e. 2016-2024. Rising concern toward the healthcare in the region is expected
to be the key factors behind the growth of gluten free food market in the
Europe region. Further, development and availability of high quality gluten
free bakery food in the region is expected to escalate the growth of Europe
gluten free food market during the forecast period.
Increasing
Health Consciousness among Urban Populations
Peoples in urban regions are inclining
towards healthy products which are impelling the growth of gluten free food products.
The
urbanization is changing the lifestyle of the population and also raising the
awareness towards the various benefits of consuming the gluten free food. The
rising disposable income of the population is allowing them to spend more on
such products.
Growing
Number of Celiac Diseases in the World
According to Center for Disease
Control and Prevention, the number of celiac patients accounts for nearly 1% of
the total population at in U.S. Moreover, there is no pharmaceutical treatment
for celiac diseases. These factors are expected to impel the demand for gluten
free foods during the forecast period.
Although, lack of awareness
about the benefits of gluten free food and slow adoption of gluten free foods in
undeveloped and developing nations are some of the factors is likely to dampen
the growth of gluten free foods market during the forecast period.
The report titled “Global Gluten Free Food Market Demand, Growth & Revenue Opportunity (2016-2023)” delivers detailed overview of
the global gluten free foods market in terms of market segmentation by product
type, by source and by region.
Further, for the in-depth
analysis, the report encompasses the industry growth drivers, restraints,
supply and demand risk, market attractiveness, BPS analysis and Porter’s five
force model.
This report also provides the
existing competitive scenario of some of the key players of the global gluten
free foods market which includes company profiling of Kraft
Heinz, Boulder Brands, Hain Celestial, Kellogg, Pirate Brands, Dr Schaer, Mrs
Crimble, Freedom Foods, Pastariso and Amy’s Kitchen. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global gluten
free foods market that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
About Research
Nester
Research
Nester is a leading service provider for strategic market research and
consulting. We aim to provide unbiased, unparalleled market insights and
industry analysis to help industries, conglomerates and executives to take wise
decisions for their future marketing strategy, expansion and investment etc. We
believe every business can expand to its new horizon, provided a right guidance
at a right time is available through strategic minds. Our out of box thinking
helps our clients to take wise decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/global-gluten-free-food-market-demand-growth-revenue-opportunity-2016-2023/222
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Info:
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Daniel
U.S.
+1 646 586 9123
U.K.
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