Gluten-Free Products Market by Product and Distribution Channel - Global Industry Analysis and Forecast To 2023: Industry Outlook and Trend Analysis
The Gluten-Free Products Market was worth USD 2.72 billion in the year of 2014 and is expected to reach approximately USD 5.40 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.90% during the forecast period. Expanding occurrences of celiac diseases and elevated gluten-sensitivity in customers has prompted increased requirement for gluten-free products. The developing commonness of lifestyle-related conditions, for example, obesity and diabetes has urged buyers to embrace more advantageous eating regimens trying to manage their wellness. This has impelled the interest for gluten-free foods and natural products that limit the danger of obesity and advance higher vitality levels in consumers. A wide range of new products have been presented in the market as of late, for example, the advent of an easy, inexpensive brownie blend by General Mills Inc., which has seen extensive accomplishment in the United States Rising frequencies of celiac infection in the nation have impelled offers of sans gluten products over the estimate time frame.
Global Gluten-Free Products Market: Competitive Insights
The increasing investment in research and development by the players is triggering competition in the global Gluten-Free Products market.
The leading players in the market are General Mills, Boulder Brands, Kellogg's, Hain Celestial Group, Domino's Pizza Enterprises, Hero Group, Kraft Foods Inc and Dr. Schaer Spa. These organizations are fit for obliging the demand from a tremendous purchaser pool around the world, principally attributable to their broad dissemination systems and wide portfolios.
The strategic mergers and acquisitions among the players of the global Gluten-Free Products market are leading to the expansion of this market.
The Gluten-Free Products Market is segmented as follows-
By Product: Dairy/ dairy alternatives, Condiments, seasonings, spreads, Prepared foods, Bakery products, Meats/ meats alternatives, Desserts & ice-creams & Pasta and rice
By Distribution Channel: Mass merchandiser, Club stores, Grocery stores, Independent natural or health food stores and Drug stores
Browse detailed TOC, Tables, Figures, Charts and Companies mentioned in Global Gluten-Free Products Market research report at: https://www.crystalmarketresearch.com/report/gluten-free-products-market
By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)
Global Gluten-Free Products Market: Regional Analysis
North America is foreseen to remain the leading purchaser with more than 53 percent of the income share in 2016. The district is home to significant nourishment brands and organizations that have broad dispersion arrange and give a wide cluster of products. Purchasers in this market additionally have positive observations with respect to sound gluten-free eatables, which are foreseen to support industry development. Expanding customer expendable wages and the shift in pattern towards processed foods in nations, for example, China, India, and New Zealand are driving fast industry developments in Asia Pacific. Real western food brands are endeavoring to catch these high-potential markets by embracing comprehensive promoting procedures, introducing new products, and building local production plants.
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