Market Research Report
Gluten is a type of protein found mostly in wheat, rey barley and oats which acts as a glue and helps to maintain the shape of the food. It is mostly suitable for the people who are allergic to gluten or suffering from celiac disease which is a disorder damaging the small intestine due to the consumption of proteins from wheat, rye and barley. Moreover, gluten free diet is used in the treatment of celiac sprue and dermatitis herpetiformis.
The global market is estimated and forecasted in terms of revenue (USD million) and volume (KT) generated by the gluten free food market from 2019 to 2024. Gluten free food market is primarily driven by rapid change in daily lifestyle, western persuade and extensive raise in the disposable income in the developing countries. The global gluten free food market has gained sustainability owing to the consumer awareness towards maintaining healthy lifestyle, government approvals and rising consciousness among the consumer about their health & nutrition and wide availability of gluten free food are factors anticipated to fuel the growth of the market. The major factor hindering the growth of the gluten free food market includes the risk of weight gain associated with the consumption of gluten free food and higher cost.
The report analyses the global gluten free food market by type into bakery products, baby food, pizzas and pastas, ready meals, cereals and snacks and savories. In 2017, the bakery segment is leading in terms of volume. In the future, the production of bakery products is predicted to boost due extensive demand for bakery products in developed and developing countries. Further the report is bifurcated by sources of gluten free food market into oil seeds and pulses, rice and corn, wheat, barley, rey and others. Others including triticale and oats. The wheat segment accounted for largest market share in 2017 owing to bulk availability of wheat as compared to other components and wide range of application in the food processing industry.
By geography gluten free food market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and Rest of the world. In 2017, North America accounted for the largest share in the gluten free food market whereas Asia Pacific region is projected to be the fastest growing market during the forecast period owing to changing lifestyles and increasing demand for functional foods. In addition, increasing R&D investments by major participants in emerging economies coupled with elevated level of awareness about the potential benefits of gluten free foods are further expected to fuel the market growth. The largest share of North American countries is primarily attributed to high awareness among customers related to the consumption and benefits of gluten free food.
Some of the key participants In the gluten free food market are Hain Celestial, Kellogg Co, The Kraft Heinz Company, B&G Foods, Inc, Mrs Crimble, Freedom Foods, Gluten Free Foods Manufacturing, LLC, Amy’s Kitchen, Inc, Enjoy Life Foods, Ener-G Foods Inc, Food For Life, Genius Foods Ltd, Dr. Schär AG / SPA, Hain Celestial, Pinnacle Foods Inc. These companies have substantial presence in the market due to their strong clientele in the food industry and brand image. Moreover, new product launches and endorsements are the key growth strategies adopted by major players to reinforce their positions in the international market.
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