The Gluten-Free Products Market was valued at $3.28Billion in 2018 and is forecast to grow at a modest9.4% CAGR between2018 and 2025, culminating in 2026 global sales of $34.28Billion.
Increasing more number of population and their lifestyle-related diseases drive the market growth. Growingoccurrences of non-communicable and chronic diseases leading to death or disability have also strengthened the demand for gluten-free products. Risingresponsivenessabout healthy diets will also thrust the demand for gluten-free products as they support to avoid several diseases. for instance, chronic pulmonary disease, heart diseases, stroke, obesity, cancer, diabetes, and metabolic syndrome. Furthermore, they supposed to, lower cholesterol levels, less fattening, and easy digestive ailments. The other main factor is celiac diseases and Bowel Syndrome (IBS) is anticipated to boost the market growth for a gluten-free product. According to the U.S., there are 135 average people were suffering from celiac disease which can damage the small intestine of the body. Some bakery products, dairy segment, which consist of cakes, gluten-free bread, cookies, scones, and cakes is projected to be the fastest-growing product segment in the coming future. Additionally, Suitablegoverningagenda and enterprises to inspire a gluten-free diet by the U.S. Food and Drug Administration (FDA) and funding provisions are estimated to fuel the county market over the investigation period.
“Optimal Price Point (OPP) for Global Gluten-Free Products Market”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in the China Global Gluten-Free products are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Global Gluten-Free Products Market by “Product Categories”
We have segmented the global gluten-Free Products Market based on Product categories as Bakery Products, Dairy/Dairy Alternatives, Meat/Meat Alternatives.
We have observed that the rapid growth of Gluten-Free Products followed by Bakerysegmentwiththe share of 10.0%overthe forecast period.Basically, Increasing consciousness about organic, natural, gluten-free foods with a ready-to-eat and healthy lifestyle are propelling the market demand. Apart from this, due to the wide availability of this product, it is having market demand.
Global Gluten-Free Products Market by “Distributors Categories”
We have segmented the Global Gluten-Free Products Market based on distributors Categories as Grocery Stores and Mass Merchandiser.
We have observed the rapid growth of Gluten-Free Products followed byGrocery Storeshaving the largest distribution segment in 2018. This segment drives the market by a wide range of product and easy availability in one store. Accordingly, consumer choice and customization of the product will boost this segment over the forecast period.
North America and Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demandof Global Gluten-Free Product are followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The rapid growth of Bakery product and the availability of Global Gluten-Free Products option create an impact in developing countries for the demand for a healthy lifestyle and different food items. North America was the leading consumer market in 2018 and held a share of 55.0% of the overall market. The region is home to major food brands and companies with wide distribution networks that provide a wide collection of commodities. Moreover, increasing awareness about the health benefits of gluten-free eatables is likely to improve the market growth. The growth of the U.S. market is probably to be in line with the growing awareness about the celiac disease and Rising awareness towards healthy lifestyle will drive the market further.
“Competitive Landscape”and “Merger& Acquisition Insights”
The key market participants Boulder Brands, Inc., General Mills, Inc., The Hain Celestial Group, Inc.,The Kraft Heinz Company, Kellogg’s Company,Hero Group AG,andBig Oz Industries Ltd. are few major players in Global Gluten-Free Products Markets. TheGlobal Gluten-Free Products Market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Global Gluten-Free Products Market by ProductCategories(Revenue, Million, 2018 – 2026)
- Bakery Products
- Dairy/Dairy Alternatives
- Meat/Meat Alternatives
Global Gluten-Free Products MarketbyDistributors Type(Revenue, Million, 2018 – 2026)
- Grocery Stores
- Mass Merchandiser
Global Gluten-Free Products Market Regional Outlook (Revenue, USD Million, 2018-2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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