Gluten-Free Foods & Beverages Global Market Projected For A Modest Growth By 2027
Gluten-Free Foods & Beverages Global Market - Overview
Gluten is a protein found in wheat, rye and barley and their derivatives that causes intestinal damage that often resulting in weight loss and nutrient deficiencies for individuals with gluten intolerance. Common symptoms of gluten intolerance include diarrhea, abdominal pain, bloating, fatigue, forgetfulness and irritability. The gluten free food & beverages are useful in the treatment of celiac sprue and dermatitis herpetiformis. Although a gluten free diet does not cure celiac sprue and dermatitis herpetiformis, following the diet will relieve the symptoms associated with gluten sensitivity.
The market for gluten-free foods & beverages has experienced a drastic change from being considered specialty niche products to becoming mainstream products. Millions of individuals across the globe have started consuming gluten-free products, not only because of being diagnosed with celiac disease but also because of a general perception of maintaining better health. A current trend towards free from products consumption has fueled the market growth of gluten-free foods & beverages.
Gluten-Free Foods & Beverages Global Market - Key Players
The global gluten-free food market appears to be immensely competitive with the presence of several small and big players operating in the market. Key Players compete based on various factors such as price, quality, innovation, service, reputation, distribution, and promotion. The strong competition combined with swift technological advances prompts a risk factor for the players operations. Major players of the market are increasingly adopting strategic approach or the trend of innovation in products. This trend is likely to continue in the future, as the established players want to harvest upon a larger market share. To gain a competitive advantage, an increasing number of players are growing inorganically by several mergers and acquisitions.
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The key players profiled in Global Gluten-free Foods & Beverages Market report include- Boulder Brands, Dr. Schär, Gruma, Hain Celestial, General Mills, Kellogg’s Company, and The Kraft Heinz Company.
Gluten-Free Foods & Beverages Global Market - Segments
Gluten-free Foods & Beverages Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation on the basis of Type : Comprises breakfast cereals, noodles, bakery products, confectionery, beverages and others.
Segmentation on the basis of Feedstock : Comprises true cereals, pseudo cereals, fruits, vegetables, and other feedstock.
Segmentation on the basis Packaging : Comprises dried, instant, fresh, frozen, cooked, canned, and others.
Segmentation On the basis of Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Gluten-Free Foods & Beverages Global Market - Synopsis
Consumers want to know precisely what is in their packaged food products and are becoming more careful about the ingredients and additives. They are increasingly looking for products with a list of ingredients no greater than what they can count on one or two hands and are constantly trying to find better ways to be healthier. 73% of women and 61% of men say they eat healthy food to stay well. 51% of women and 41% of men say they eat healthy food to feel better throughout the day.
The rise in the number of people diagnosed with gluten intolerance or celiac disease is the Key market growth propelling factor. Simultaneously, the gluten-free food consumer base is rapidly expanding due to the high demand for gluten-free products from populace that perceive them as healthier and good for health. The gluten-free foods & beverages market also provides many opportunities for business development in different directions including the fields of fortified & functional food and baby food.
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Gluten-Free Foods & Beverages Market - Regional Analysis
Statistics indicate that one in five US consumers think gluten is bad for health which has provided an impetus to the Gluten-Free Foods & Beverages in North-American Market. North America and Europe has dominated the market for Global Gluten-free Foods & Beverages Market with the largest market share, accounting for astronomical amounts and is expected to grow over it’s previous growth records by 2027. Asia-Pacific and RoW are the growing market for Global Gluten-free Foods & Beverages Market and are expected to grow at striking rate of CAGR from 2016 to 2027.