Gluten-Free Products Market Forecasts to 2027 | Global Industry Growth, Share, Size, Trends
Gluten-free products are generally more expensive than the regular food products containing wheat ingredients. This is attributable to the additional costs incurred on developing gluten-free food products. According to the Gluten-Intolerance Group of North America, celiac shoppers estimated that up to 30% of their entire monthly grocery bill was spent on gluten-free products. Consumers with gluten intolerance are expected to have less preference over gluten-free food products due to high pricing of these products.
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Leading market players analyzed in the
research include ConAgra food Inc., General Mills, Inc., Hain Celestial Group,
Inc., The Kraft Heinz Company, Kellogg Company, Mondelez International Inc.,
Freedom Foods Group Limited, Quinoa Corporation, Koninklijke Wessanen N.V., and
Valeo Foods Group Limited.
Covid-19 scenario:
- The gluten-free products market will not be affected much
during the months of coronavirus pandemic, as these products come under
essential goods. The demand has been declined as people are becoming more
conscious about buying food products.
- However, the production has been slowed down and carried out
with minimum number of workers due to the government guidelines during
Covid-19 pandemic.
The report offers a detailed segmentation
of the global market based on type, distribution channel, and region.
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Based on type, the gluten-free bakery
products segment contributed to the largest share in 2019, accounting for
nearly three-fifths of the total share, and is estimated to maintain its
dominant position during the forecast period. However, the gluten-free baby
food segment is expected to register the highest CAGR of 10.5% from 2020 to
2027.
Based on distribution channel, the
convenience stores segment accounted for the largest share in 2019, holding
more than two-fifths of the total share, and is expected to maintain the
largest share throughout the forecast period. However, the drugstores &
pharmacies segment is estimated to portray the highest CAGR of 8.1% during the
forecast period.
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Based on region, Europe contributed the
highest share, accounting for nearly half of the total market share in 2019,
and will maintain its dominance throughout the forecast period. However, North
America is expected to grow at the highest CAGR of 9.5% from 2020 to 2027.
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