Gluten-free Products Market by Type (Bakery Products, Snacks & RTE Products, Condiments & dressings, Pizzas & Pastas and Other types), Distribution Channel (Conventional stores, specialty stores, and Drugstores and Pharmacies), Form (Solid and Liquid) and Geography (North America, Europe, Asia Pacific, and RoW) – Global Forecast to 2026
The Gluten-free Products Market is expected to grow at the rate of 8.2% CAGR by 2026. The growing frequency of Irritable Bowel Syndrome and celiac diseases is anticipated to drive the demand for gluten-free products across advanced as well as developing countries. A person's grief from the syndrome is sensitive to gluten and consumption of gluten aggravates the complications produced by the syndrome. Celiac disease is an autoimmune disorder wherein the indigestion of gluten damages the small intestine. The increasing occurrence of these diseases in developed countries from North America and Europe including the U.S., Canada, Germany, and France is expected to determine the product demand. A gluten-free diet is important for people with gluten allergies and celiac disease, a condition which sources inflammation in the small intestines. Gluten-free food improves digestive systems, cholesterol levels, and increases energy levels. Thus, most of the gluten-free foods available are healthy and support weight loss with the right combinations and proportions of other foods. The rise in the number of celiac disease patients and gluten intolerance is anticipated to fuel the market development in the coming years. The rush in the number of working women has improved consumers' dependency on gluten-free ready meals and convenience free food. This in turn has controlled to rise in demand for shelf-stable and convenience food, fueling the development of the gluten-free products market. Moreover, the rapid surge in the number of large retail formats internationally, with growing specialty stores, convenience stores, along with drugstores & pharmacies, will fuel the demand for gluten-free products.
The competitive landscape in the gluten-free products market has been dynamic. The Kraft Heinz Company, one of the industry's major players, has declared that they entered into a definitive agreement to sell their nuts business to Hormel Foods Corporation in a cash transaction for $3.35 billion. The proposed transaction is anticipated to be completed in the first half of 2021, subject to regulatory review and approval.
Gluten-free Products Market by Type:
- Bakery products
- Snacks & RTE products
- Condiments & dressings
- Pizzas & Pastas
- Other types
Gluten-free Products Market by Distribution Channel:
- Conventional stores
- Grocery stores
- Mass merchandizers
- Warehouse clubs
- Online retailers
- Specialty stores
- Bakery stores
- Confectionery stores
- Gourmet stores
- Drugstores & pharmacies
Gluten-free Products Market by Form:
Gluten-free Products Market by Geography:
- North America
- Asia Pacific
- Rest of the World
The gluten-free products market is firstly based on type. Among all types, the bakery food segment is estimated to acquire the maximum share in the market. This is due to the increasing demand for gluten-free bakery products in North America and European countries, where food including buns, bread, cakes, cookies, and other baking food is a staple food. Increasing awareness about celiac and other digestive problems is resulting in increasing demand for gluten-free products in the aforementioned regions.
In the distribution channel segmentation, the conventional stores are the major distribution channels that acquire a maximum share in the market. Conventional stores are most commonly preferred for purchasing gluten-free products. Ease to access, availability of several products, and regular purchasing destination are few benefits associated with conventional stores.
As per the form of the products, the solid form of gluten-free products is most commonly available in this market. This is due to the large-scale production of the solid form of gluten-free products by manufacturers. Products such as buns, rolls, cookies, crackers, wafers, snack bars, and other various baked products are mostly consumed. Moreover, the large-scale production is attributed to the high demand, increased shelf life, convenience in manufacturing, and less cost of production for the solid form of products.
North America is witnessing the highest market share in the gluten-free market. This is ascribed to the rapidly increasing incidence of celiac diseases, high preference for gluten-free products, and increasing awareness about the diseases caused by gluten-contained products.
Advantageous regulatory framework and initiatives to encourage a gluten-free diet by the U.S. Food and Drug Administration and allowances are projected to boost the global market for gluten-free products in the countries of North America. Additionally, an increase in the population suffering from gluten allergies and celiac disease is likely to positively influence the gluten-free products market growth.
The major vendors of the gluten-free products market include The Kraft Heinz Company, The Hain Celestial Group Inc, Barilla G.E.R Fratelli S.P.A, Freedom Foods Group Limited, Koninklijke Wessanen N.V, General Mills, Kellogg’s Company, ConAgra Brands Inc, Hero AG, Quinoa Corporation, Raisio PLC, Dr Schär AG/SPA, Enjoy Life Foods and Farmo S.P.A.
Therefore, gluten-free food is beneficial for many health issues. Change in the lifestyle is giving a wide scope for gluten-free readymade food due to the busy schedule and less time. The gluten-free products are available in the market without any effort which is inclining consumers towards the gluten-free products.
- This report includes the aspects which are majorly impacting the market positively, while parallelly covering the parameters restricting the growth of the market.
- This report gives the information of the market segments and sub-segments along with the major contribution of the segments in the market growth.
- This report provides a quantitative analysis of the market, which helps the users to understand the market penetration across geographies.