Global Gluten Free Products Market Overview:
Gluten is a group of proteins generally found in certain grains including wheat, rye, and barley. It provides elasticity and moisture to food for maintaining its shape. It is safe for most of the people, but people with gluten sensitivity or celiac disease should avoid it to prevent adverse health effects. There is a rise in celiac gluten sensitivity and gluten intolerance among people. Roughly around 1% of the American population has celiac disease. Gluten-free products do not contain wheat, barley or rye. They also do not contain an ingredient derived from a gluten-containing grain that hasn’t been processed to remove gluten.
As per latest study released by AMA Research, the Global Gluten Free Products market is expected to see growth rate of 8.8%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased Awareness among People about Healthy Lifestyle
Market Growth Drivers:
Increased Prevalence of Celiac Disease among People and Rising Demand for Gluten-free Products from End-users
Challenges:
Stringent Government Rules and Regulations
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Food Industry Worldwide and Robust Increase in the Distribution Channel
Competitive Landscape:
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Some of the key players profiled in the report are Boulder Brands, Inc. (United States), The Hain Celestial Group Inc. (United States), General Mills Inc. (United States), Kellogg’s Company (United States), The Kraft Heinz Company (United States) and Hero Group AG (Switzerland). Analyst at AMA Research see United States Vendors to retain maximum share of Global Gluten Free Products market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Gluten Free Products market. Considering Market by Source, the sub-segment i.e. Animal Source will boost the Gluten Free Products market.
Latest Market Insights:
In February 2023, Freedom Foods, a UK-based gluten-free bakery company, acquired Bakkavor's gluten-free business for £12 million. This acquisition will expand Freedom Foods' product portfolio and manufacturing capacity.
In October 2023, General Mills launched its first-ever gluten-free Cheerios cereal. This new product is made with oats that have been specially processed to remove gluten.
In August 2013, the Food and Drug Administration (FDA) announced a new rule for gluten-free food labeling. According to this rule, manufacturers that want to label their food “gluten-free” must comply with the FDA’s new definition of the term. In order to comply with this definition, the product in question must contain less than 20 parts per million of gluten.
What Can be Explored with the Gluten Free Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Gluten Free Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Gluten Free Products
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Gluten Free Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Gluten Free Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Suppliers & Distributors, Government Bodies, Potential Investors, Research Center and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.