Global Gluten-Free Food Market Continues to Rise, Projected to Reach $12.47 Billion by 2030
Market Overview:
The global gluten-free food market has been steadily growing, with a market size of USD 7.1 billion in 2023. It is expected to witness a significant increase, reaching nearly USD 12.47 billion by 2030, with a compound annual growth rate (CAGR) of 8.38%. This growth can be attributed to various factors such as increasing consumer awareness about gluten-related disorders, rising disposable incomes, and a growing preference for healthy and organic food products.
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Market Scope:
The gluten-free food market report provides key insights and market sizing by region, products, and applications, with a forecast till 2030. It includes a detailed analysis of the impact of the COVID-19 pandemic on the market and how it has influenced consumer behavior and market trends.
Segmentation:
The market is segmented based on product type into bakery products, snacks and ready-to-eat meals, and others. By distribution channel, the market is segmented into convenience stores, online platforms, supermarkets hypermarkets, and specialty stores.
Regional Analysis:
The Asia-Pacific (APAC) region is identified as a lucrative opportunity for the gluten-free food market, with significant growth expected over the next decade. The market in APAC has shown resilience post-COVID lockdowns and is expected to continue its upward trend, driven by factors such as increasing health consciousness and a growing middle-class population.
Key Players:
Key players in the North American market include The Kraft Heinz Company, The Hain Celestial Group Inc, General Mills, Kellogg’s Company, ConAgra Brands Inc, Enjoy Life Foods, and Bob’s Red Mill. In Europe, notable players include BFree, Seitz Glutenfrei GMBH, Alara Wholefoods Ltd, Norside Foods Ltd, Warburtons, and others. Silly Yaks is a prominent player in the Asia-Pacific region.
Key Questions Answered:
- What is the forecast period for the gluten-free food market?
- Which region holds the largest market share?
- Who are the key players in the market?
- What will be the CAGR during the forecast period?
- What key trends are likely to emerge in the market?
Key Offerings:
- Market Share, Size, and Forecast by Revenue|2024-2030
- Market Dynamics, Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by gluten-free food
- Landscape, Leading key players, and other prominent key players
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