Gluten-Free Food Market Booming: Reaches US$7.1 Billion in 2023, Projected to Hit US$12.47 Billion by 2030
Gluten-free is going mainstream! The global gluten-free food market is experiencing a surge in popularity, reaching a value of US$7.1 billion in 2023. This trend is expected to continue, with the market projected to reach a staggering US$12.47 billion by 2030, growing at a healthy CAGR (Compound Annual Growth Rate) of 8.38%, according to a new report by Maximize Market Research. This press release delves into the factors driving this growth and explores the future of gluten-free food.
Catering to Dietary Needs and Health Preferences
The gluten-free food market caters to individuals with celiac disease, gluten sensitivity, and those who choose a gluten-free diet for perceived health benefits. This press release by Maximize Market Research offers valuable insights for businesses in the food and beverage, health and wellness, and retail sectors.
A Deep Dive into the Gluten-Free Food Landscape
The report segments the gluten-free food market by product type (bakery products, snacks & ready-to-eat meals, others) and distribution channel (convenience stores, online retailers, supermarkets & hypermarkets, specialty stores). This segmentation helps identify the most promising areas for market growth.
Global Players, Regional Variations
Leading the gluten-free food market in North America are established giants like The Kraft Heinz Company and Kellogg's Company, while Europe boasts players like Dr. Schär AG/SPA and Barilla G.E.R Fratelli S.P.A. The report provides a comprehensive analysis of key players in each region, including Asia Pacific, the Middle East and Africa, and Latin America.
The Impact of COVID-19
The press release acknowledges the COVID-19 pandemic's influence on the market. While initial disruptions may have subsided, the report highlights potential long-term effects on consumer health consciousness and online shopping habits.
Unlocking Key Market Trends
The report explores critical questions for market participants, including:
- What are the key factors driving the growth of the gluten-free food market? (Rising awareness of celiac disease and increasing consumer interest in health & wellness are major drivers)
- How is innovation shaping the gluten-free food landscape? (New product development focused on taste, texture, and variety is a key trend)
- What are the challenges and opportunities facing the market? (Ensuring affordability and addressing allergen cross-contamination are important considerations)
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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