According to the current analysis of Reports and Data, the global Gluten-free products Market was valued at USD 4.35 Billion in 2018 and is expected to reach USD 8.51 Billion by year 2027, at a CAGR of 7.7%. Gluten is a protein, naturally occurring in food-grains like wheat, barley, rye and spelt. Gluten is composed of two main proteins called glutenin and gliadin, out of which gliadin is responsible majorly for most of the health related issues. When it is mixed with water, the mixture results in glue like dough formation, it gives a soft and fluffy and yet elastic texture to the dough, in fact the name gluten is derived from glue like property possessed by this protein. This property provides elastic, fluffy, chewy texture and ability to rise when baked, to the dough; however, gluten consumption can create health issues in certain people. Moreover, excess consumption of this products can lead to serious health issues like sensitivity, wheat allergy and celiac disease. According to the World Gastroenterology Organization (WGO), the celiac disease is affecting people from all the age groups including adults and elderly, while above 70% newly diagnosed patients and founded to be above 20 years of age. It is the diet which has a potential to cause intestinal damages by damaging the lining of the small intestine. For Celiac patients even a small proportion of gluten can release antibodies resulting in an attack on the intestine. Increase in disposable income and rise in awareness related to the side-effects of excess consumption is expected to drive the industry.
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Competitive
Landscape:
The research
report offers details about leading companies in the global Gluten-Free
Products market along with global position, financial standing, license
agreement, products and services portfolio and revenue contribution of each
market player. Key players in the market are focusing on adopting various
strategies such as mergers and acquisition, business expansion plans, new
product launches, partnerships, collaborations, joint ventures to enhance their
product base and gain robust footing in the market.
Market
Dynamics:
Increasing consumer
inclination towards functional, organic and probiotic-based food & drinks
is providing impetus to the growth of global food and beverage industry.
Various studies have come with health benefits associated with “ethnic” and
organic food products. These foods improve cardiovascular health, improves
arthritis, digestive issues, and other inflammatory conditions. Consumers are
gradually focusing on mindful eating and consuming food for health and
wellness. Changing eating and dietary patterns of consumers is prompting brand
owners and new entrants to introduce healthy foods options. Several clean-label
products have been introduced in the market and consumer curiosity for new
products is immense
Growing
middle class consumers with rising income in developing countries such as India
and China will boost food & beverage market growth. Moreover, increasing
consumer preference for procuring food and beverage items from online platforms
due to variety, cost and time-saving will foster market size through 2027.
Some of the Leading Market Players Are Listed Below:
· Kraft
Heinz Company (U.S.),
· The
Hain Celestial Group, Inc.(U.S.),
· Pinnacle
Foods Inc. (U.S.),
· General
Mills, Inc. (U.S.),
· Kellogg
Company (U.S.),
· Hero
AG (Switzerland),
· Barilla
G.E.R. Fratelli S.P.A. (Italy),
· Pasia
Plc (Finland),
· Genius
Foods (U.K.),
· Warburtons (U.K.).
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Market Segmentation:
Gluten-Free Products Market Segmentation based on Product
Outlook
- Bakery
Products
- Pizzas &
Pasta
- Desserts
& Savories
- Dairy
Products
- Meat &
Meat alternatives
- Others
Gluten-Free Products Market Segmentation based on Source Outlook
- Oil-seeds
& Pulses
- Rice &
Corn
- Dairy &
Meat Products
- Lentils,
Legumes, & Beans
- Others
Gluten-Free Products Market Segmentation based on Distribution Channel Outlook
- Conventional
Stores
- Hotels &
Restaurants
- Hospitals
& Drugstores
- Others
Gluten-Free Products Market Segmentation based on Regions:
·
North
America (U.S., Canada, Mexico)
·
Europe
(Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
·
Asia
Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
·
Latin
America (Brazil, Rest of Latin America)
·
Middle
East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East &
Africa)
Key
Features of the global Gluten-Free Products Market:
·
The
report offers detailed estimations at the regional level with manufacturers,
consumption, sales and import/export dynamics.
·
The
report provides accurate details related of the manufacturers/vendors in the
market, company overview, pricing analysis, financial standing, product
portfolio, and gross profit of leading companies.
·
Company
profiling with prevalent expansion strategies, revenue generation, and recent
developments.
·
Optimum
strategic initiatives for new players in the market.
·
Manufacturing
processes, suppliers, cost, rates of production and consumption, transport mode
and cost structuring, and value chain analysis.
·
The
study also includes supply chain trends, including elaborate descriptions of
the latest technological development
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