Gluten-Free Food Market Worth $10.81 Billion in 2029, Driven by Health Concerns and Rising Disposable Incomes
Market Overview:
The global gluten-free food market is estimated to reach $10.81 billion by 2029, growing at a CAGR of 8.29% from 2023. This growth is attributed to increased awareness of celiac disease and other digestive disorders, along with a growing preference for healthy eating habits.
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Market Introduction:
Gluten-free food products cater to individuals with celiac disease, gluten sensitivity, or those who choose to follow a gluten-free diet for perceived health benefits.
Market Dynamics:
Several factors are propelling the growth of the gluten-free food market:
- Rising awareness of celiac disease and gluten sensitivity: Increased diagnosis of celiac disease and growing awareness of gluten sensitivity are driving the demand for gluten-free alternatives.
- Growing health consciousness: Consumers are increasingly opting for healthy and organic food options, including gluten-free products.
- Expanding product offerings: Manufacturers are introducing a wider variety of gluten-free products, making them more accessible and appealing to consumers.
- Increasing disposable income: Rising disposable incomes, particularly in developing countries, allow consumers to spend more on premium food products like gluten-free options.
Market Segmentation:
The gluten-free food market is segmented by product (bakery products, dairy alternatives, meat alternatives, desserts & ice cream, others), form (liquid, solid), source (animal source, plant source), and distribution channel (convenience stores, online, supermarkets & hypermarkets, specialty stores).
Market Players:
1.BFree (Ireland)
2. The Kraft Heinz Company (US)
3. The Hain Celestial Group Inc (US)
4. General Mills (US)
5. Kellogg’s Company (US)
6. ConAgra Brands Inc (US)
7. Hero AG (Switzerland)
8. Barilla G.E.R Fratelli S.P.A (Italy)
9. Quinoa Corporation (US)
10. Freedom Foods Group Limited (Australia)
11. Koninklijke Wessanen N.V (Netherlands)
12. Raisio PLC (Finland)
13. Dr Schär AG/SPA (Italy)
14. Enjoy Life Foods (US)
15. Farmo S.P.A. (Italy)
16. Big OZ (UK)
17. Alara Wholefoods Ltd (UK)
18. Norside Foods Ltd (UK)
19. Warburtons (UK)
20. Silly Yaks (Australia)
21. Seitz Glutenfrei GMBH (Germany)
22. Bob’s Red Mill (US)
Regional Insights:
North America is expected to remain the largest market for gluten-free food, followed by Asia Pacific. The growing awareness of celiac disease and disposable income in developed economies is driving the market in North America. In Asia Pacific, the increasing internet penetration, e-commerce boom, and rising health consciousness are expected to propel market growth.
Conclusion:
The gluten-free food market is anticipated to witness steady growth in the coming years, driven by rising health concerns, increasing disposable incomes, and a wider product variety. Manufacturers focusing on innovation and catering to diverse consumer preferences are expected to thrive in this market.
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