Global Gluten-Free Food Market Set to Reach USD 12.47 Bn by 2030, Growing at a CAGR of 8.38%
Summary: The Global Gluten-Free Food Market is expected to witness significant growth over the forecast period, driven by increasing health consciousness, dietary preferences, and the rising prevalence of gluten intolerance. Valued at USD 7.1 Bn in 2023, the market is forecasted to reach nearly USD 12.47 Bn by 2030, expanding at a compound annual growth rate (CAGR) of 8.38% from 2024 to 2030.
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Market Size: In 2023, the Global Gluten-Free Food Market was valued at USD 7.1 billion. With the growing adoption of gluten-free diets due to health and wellness trends, the market is poised for substantial expansion. By 2030, the market size is expected to reach USD 12.47 billion, at a steady CAGR of 8.38%.
Scope and Research Methodology: The research examines the Gluten-Free Food Market’s growth trajectory, exploring various factors such as market size, technology developments, and industry trends for the 2024-2030 forecast period. A comprehensive analysis of key market drivers and potential challenges provides a detailed market overview. The research methodology utilizes a combination of top-down and bottom-up approaches, validated through expert opinions and industry data.
Report Coverage: This report covers the Global Gluten-Free Food Market, highlighting its segmentation by product type, distribution channels, and geography. It provides insight into regional markets, key industry players, and technological advancements, offering a complete picture of the market dynamics.
Overview: The Global Gluten-Free Food Market is witnessing robust growth due to increasing consumer awareness about gluten-related health issues and the rise of gluten intolerance globally. The demand for gluten-free bakery products, snacks, and ready-to-eat meals is soaring, especially in regions such as North America and Europe, where dietary preferences are evolving rapidly.
Dynamics: The market's growth is fueled by the rising prevalence of celiac disease and gluten sensitivities, increasing consumer awareness of health and wellness, and the broadening availability of gluten-free products in supermarkets and online platforms. However, the market faces challenges such as higher costs of gluten-free products compared to regular alternatives, and the need for continued innovation in product offerings to meet consumer demand for taste and quality.
Segmentation:
- By Product Type:
- Bakery Products
- Snacks and Ready-to-Eat
- Others
- By Distribution Channel:
- Convenience Stores
- Online
- Supermarkets Hypermarkets
- Specialty Stores
Key Players Include:
- North America:
- The Kraft Heinz Company (US)
- The Hain Celestial Group Inc (US)
- General Mills (US)
- Kellogg’s Company (US)
- ConAgra Brands Inc (US)
- Europe:
- BFree (Ireland)
- Seitz Glutenfrei GMBH (Germany)
- Alara Wholefoods Ltd (UK)
- Barilla G.E.R Fratelli S.P.A (Italy)
- Asia Pacific:
- Silly Yaks (Australia)
Key Offerings: This report provides detailed market analysis, competitive landscape, key growth drivers, restraints, and future trends. It also offers market segmentation based on product type, distribution channel, and region, enabling businesses to better understand the market's potential and make informed decisions.
Table of Contents:
- Executive Summary
- Market Introduction
- Market Dynamics
- Market Segmentation
- By Product Type
- By Distribution Channel
- By Region
- Competitive Landscape
- Future Market Outlook
For further details, feel free to reach out to us at any time: https://www.maximizemarketresearch.com/market-report/gluten-free-food-market/145990/
About Us: Maximize Market Research is a global market research and business consulting firm that offers comprehensive market insights and tailored solutions to clients worldwide. We provide strategic market analysis and consulting services for industries such as healthcare, IT, telecommunications, and more.
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