The global gluten free food market size
was valued at USD
5.25 billion
in 2020
. The market is estimated to grow from USD
5.72 billion
in 2021
to USD 9.99 billion
in 2028
,
exhibiting a CAGR
of 8.29%
during the forecast period. The
increasing popularity of the product’s benefits, rising demand for functional
foods, and increasing product innovations are expected to fuel the market
growth. Fortune Business Insights™
mentions this information in its
report titled “Gluten free Food Market, 2021-2028.
”
Gluten-free food is produced for
people suffering from gluten allergies and celiac diseases. The consumption of
gluten can be damaging and may lead to intestine swelling. Therefore, the
consumption of the product is expected to increase rapidly. Furthermore, rising
awareness regarding the health benefits of such products is expected to
increase adoption. Moreover, rising demand for functional foods and increasing
product innovations may attract sales. These factors are expected to foster
industry development in the coming years.
COVID-19 Impact
Rising Demand for Healthy Foods to
Fuel Market Progress
This market is expected to be
positively impacted during the COVID-19 pandemic due to consumers' rising
demand for healthy foods. The sudden spike in COVID-19 cases led to the
adoption of healthy food products. Rising spending on healthy food products is
expected to increase the product demand. Furthermore, the adoption of reduced
capacities, part-time shifts, and technologically advanced production techniques
may enable companies to recover costs. These factors may propel the market
growth in the coming years.
Segments
Type, Distributional Channel, and
Region are Studied
By type, the market is segmented
into baby food, pastas & pizzas, snacks & RTE products, bakery
products, and condiments & dressings. As per the distributional channel, it
is categorized into supermarkets/hypermarkets, convenience stores, specialty
stores, drugstores & pharmacies, and online retails. Geographically, it is
clubbed into North America, Europe, Asia Pacific, South America, and the Middle
East & Africa.
Report Coverage
The report provides a detailed
analysis of the top segments and the latest trends in the market. It
comprehensively discusses the driving & restraining factors and the impact
of COVID-19 on the market. Additionally, it examines the regional developments
and strategies undertaken by the market's key players.
Drivers and Restraints
Rising Prevalence of Gluten
Intolerance and Celiac Disease to Fuel Market Progress
The rising prevalence of gluten
intolerance and celiac diseases is expected to boost the adoption of
gluten-free food. As per the information provided by the Clinical
Gastroenterology and Hepatology journal, nearly 1.4% global population is
detected with celiac disorder. Furthermore, the rising demand for free-from and
convenience foods is expected to boost the product adoption. Furthermore,
rising reliability on nutritional convenience foods is expected to increase the
adoption of the product. Moreover, the rising adoption of flavored food
products with nutritional benefits is expected to bolster the Gluten free Food
Market growth.
However, higher product prices and
low market penetration are expected to hinder the market’s progress.
Regional Insights
Growing Inclination Towards Healthy
Diet to Boost Industry Progress in North America
North America is expected to
dominate the Gluten free Food Market share due to the growing inclination
toward a healthy diet. The market in North America was USD 2.72 billion in 2020
and is expected to achieve a high market share in the coming years. Further,
rising awareness regarding celiac disorder from consumers and the availability
of a gluten-free diet products are expected to boost the market development.
In Europe, rising demand for
free-from products from Germany, Italy, and the U.K. is expected to boost
gluten-free products’ adoption. Furthermore, manufacturers focus on developing
innovative foods such as gluten-free pasta to boost sales. These factors may
propel the market development.
In Asia Pacific, rapid digitization
and westernization lead to the acceptance of gluten-free food products.
Furthermore, the growing artisanal bakery sector is expected to boost market
progress.
Competitive Landscape
Manufacturers Focus on Launching
Novel Products to Boost Brand Image
Prominent companies operating in the
market devise novel product launches to attract consumers and boost brand
image. For example, in June 2021, Ulrick & Short Limited announced fazenda
Nutrigel, a gluten-free functional flour, to improve the viscosity and overall
texture of gluten-free bakery foods. Through this launch, the company may
attract consumers and boost its brand image. Furthermore, the adoption of
research and development, expansions, acquisitions, and technologically
advanced production techniques boosts the market player’s position.
Browse In-depth Summary of This
Research Insight:
https://www.fortunebusinessinsights.com/industry-reports/gluten-free-food-market-100188