Major players in the gluten free food market are Pinnacle Foods, Inc., Hain Celestial Group, Inc., General Mills, Inc, Kellogg Company, The Kraft Heinz Company, Genius Foods Pvt. Ltd,, Freedom Foods Group Limited, Mondelez International Inc., Wessanen, and Valeo Foods Group Limited.
The Global
Gluten-Free Food Market is expected to grow from USD 4.97 billion in
2019 and to USD 5.07 billion in 2020 at a growth rate of 2.08%. The slow growth
in 2020 is mainly due to the economic slowdown across countries owing to the
COVID-19 outbreak and the measures to contain it. The market is then expected
to grow and reach USD 6.43 billion in 2023 at CAGR of 8.25%.
The gluten free food market consists of sales of gluten free food items and related services. Gluten is a group of proteins found in various grains including barley, wheat, and rye. The gluten free food items are consumed mostly by people with celiac disease or are allergic to gluten. Gluten free food comprises fruit & vegetable, meat, fish, potatoes, rice, lentils, and others. The benefits associated with the consumption of gluten free food includes weight loss, increased energy, and improved health.
The global gluten-free food market
has been geographically segmented into North America, Western Europe,
Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North
America was the largest region in the gluten-free food market in 2019.
In January 2020, Fazer Group, a
Finland-based food processor acquired bakery and milling business of Vuohela
Delicacy. This acquisition aims towards strengthening Fazer's in the gluten
free bakery products market in Finland. Vuohela Delicacy is engaged in producing
gluten free bakery products in Finland. In Finland, gluten free bakery items
accounts for 3.0% of the total bakery market. Fazer anticipates substantial
growth in the market, thus, planning to expand its gluten free bakery product
portfolio in order to meet the consumer requirements.
The gluten free food market covered
in this report is segmented by product type into bakery products; dairy/ dairy
alternatives; meats/ meats alternatives; condiments, seasonings, spreads;
desserts & ice creams; prepared foods; pasta and rice; others. It is also
segmented by distribution channel into conventional retailers; natural sales
channels.
The high cost associated with the
gluten free products in comparison with the gluten containing products is
anticipated to limit the growth of the market over the coming years. The
replacement of gluten containing wheat with the gluten free grains along with
requirement of additional ingredients such as inulin, guar gum, chicory, and
oligo fructose increases the production cost for the manufacturers. According
to National Center for Biotechnology Information (NCBI), on an average gluten
free items were 242% more expensive that the regular products. This is likely
to increase the price for consumers. Which in turn, is anticipated to restraint
the growth of gluten free products market over the forecast period.
The need for gluten free products
are driving innovation across food industry, especially in bakery sector. For
instance, In November 2018, Veripan, specialist in food products, announced the
launch of breakthrough all-purpose flour mix for gluten-free bakery. This is a
completely natural solution discovered to create gluten free bakery products
while avoiding crumbly textures, dryness, and off-flavors. This scenario is to
provide ample of growth opportunities for manufacturers for expansion in the
global market.
Increasing incidence of irritable
bowel syndrome (IBS) and celiac diseases is expected to contribute to higher
demand for gluten free food products. Celiac disease a severe genetic
autoimmune disease that damages the villi of small intestine and affects the
absorption of nutrients from food. According to National Foundation for Celiac
Awareness (NFCA), an estimation of 3.0 million (1 in 133) Americans has celiac
disease, however 83.0% of the 3 million Americans are undiagnosed or
misdiagnosed. A person suffering from IBS is sensitive to gluten and
consumption of gluten containing food aggravates the disease systems.
Therefore, the rising incidence of IBS and celiac diseases is projected to
boost the demand for gluten free food over the coming years.
For More Information, Click on the Link Below:-
Global
Gluten-Free Food Market
Related Reports:-
Global
Gluten-Free Food Market (2018-2023)
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing &
Communications
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