According to a new Research on Global Markets report, the global gluten-free food market is expected to be worth approximately USD 6.47 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 7.60% during the 2018-2023 period. Gluten consumption is a matter of serious concern owing to the increasing prevalence of celiac disease and gluten-related allergies. With celiac disease predicted to grow exponentially in the next 15 years, the demand for gluten-free food is expected to increase considerably in the foreseeable future.

The global gluten-free food market is segmented based on product type and distribution channel. Based on products, there are seven types of gluten-free food, including bakery food, dairy items, meat and its substitutes, pasta, condiments, spices and spreads, desserts and ice creams, and ready-to-eat meals. The gluten-free bakery food segment held the largest share of the market (29%) in 2018, and is expected to expand at a CAGR of 8.5% during the forecasted period.

In terms of distribution channel, conventional stores, specialty stores, and drug stores are the most common distribution channels for gluten-free food. Among these, conventional stores held the highest market share (83%) in 2018, given their ease of accessibility, according to Research on Global Markets. 

Research on Global Markets tracks the performance of the global gluten-free food market across the key geographies of North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa.  North America held the largest share (53%) of the global gluten-free market in 2018, driven by an increasing number of patients diagnosed with celiac disease. However, Europe is poised to witness the highest CAGR (10.3%) during the forecasted period, owing to a gradual shift in consumers’ preference towards gluten-free diets.

Key highlights of this report:

  • Global market overview – historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), geography-wise market revenue (USD Bn), and market attractiveness analysis
  • Qualitative analysis of the drivers and challenges affecting the global market
  • Major trends in the global gluten-free food market
  • Analysis of the competitive landscape and profiles of the major players operating in the market
  • Market segmentation based on product type (bakery food, dairy items, meat and its substitutes, desserts and ice cream, condiments, spices and spreads, pasta, and ready-to-eat meals) - historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
  • Market segmentation based on distribution channel (conventional stores, specialty stores, and drug stores) - historical (2016-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
  • Market segmentation based on region (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa)

This report has been formulated and designed with the purpose of giving businesses a concise understanding of the demand for gluten-free food across the world to determine the viability of the market, develop strategies based on the drivers, and to help brands identify competition and respond accordingly.

Check out the Research on Global Markets report featured in this article:

Global Gluten-Free Food Market (2018–2023)
May 2019 | 90-100 Pages | SKU: 201862

NameAnkita Basu
Emailankita.basu@netscribes.com
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