Global Gluten-Free Food Market Set to Reach USD 12.47 Billion by...

Summary:

The Global Gluten-Free Food Market, valued at USD 7.1 billion in 2023, is projected to expand significantly, reaching approximately USD 12.47 billion by 2030. With a robust CAGR of 8.38% from 2024 to 2030, the market is driven by increasing health awareness, rising cases of gluten intolerance, and the growing demand for specialized dietary products.

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Market Size

The Gluten-Free Food Market has witnessed remarkable growth, primarily due to increasing consumer health consciousness. In 2023, the market was valued at USD 7.1 billion and is expected to reach USD 12.47 billion by 2030. Factors such as dietary awareness, lifestyle changes, and the increasing prevalence of celiac disease contribute to this surge.

Scope and Research Methodology

The research report covers various market dimensions, including revenue, growth drivers, and geographical insights. It evaluates data collected through in-depth interviews, market surveys, and secondary research, ensuring a robust analysis of trends, challenges, and opportunities.

Report Coverage

The report examines the market’s key players, major segments, sub-segments, and geographic regions. It also delves into the competitive landscape, providing financial insights, SWOT analysis, and growth strategies. The impact of recent developments and COVID-19 on market trends is comprehensively analyzed.

Overview

The Gluten-Free Food Market is propelled by rising demand for healthy dietary alternatives. North America dominates the market, while Europe and Asia-Pacific show steady growth. The market’s dynamics are shaped by product innovations, growing retail penetration, and the increasing popularity of online distribution channels.

Dynamics

Drivers:
- Rising health consciousness among consumers.
- Increasing prevalence of celiac disease and gluten sensitivity.
- Greater availability of gluten-free products in mainstream markets.
Challenges:
- High production costs for gluten-free products.
- Limited awareness in developing regions.
Opportunities:
- Expansion in emerging markets.
- Innovations in gluten-free product formulations.

Segmentation

By Product Type:
- Bakery Products
- Snacks and Ready-to-Eat
- Others
By Distribution Channel:
- Convenience Stores
- Online Platforms
- Supermarkets & Hypermarkets
- Specialty Stores

Key Players Include

North America:

The Kraft Heinz Company
General Mills
Kellogg’s Company

Europe:

BFree (Ireland)
Hero AG (Switzerland)
Barilla G.E.R Fratelli S.P.A (Italy)

Asia-Pacific:

Silly Yaks (Australia)

Reason to Buy

Comprehensive market analysis and insights for strategic decision-making.
Revenue forecasts and regional market trends for investment planning.
Detailed analysis of competitive dynamics and market opportunities.

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