The global gluten-free products market is expected to be driven by rising consumer expenditure on healthy foods and an increasing number of celiac disease patients.
The Global Gluten-Free Products Market was valued at USD 8.2 Bn in 2020 and is expected to reach USD 15.2 Bn by 2027, with a growing CAGR of 9.2% during the forecast period.
The global market is majorly growing owing to the rising number of celiac disease patients has prompted people to adopt a gluten-free diet which in turn is expected to drive the gluten-free products market growth. The introduction of high standards of living and healthy lifestyles, as well as a disrupted work-life balance, are projected to propel the market. For instance, according to International Journal of Current Microbiology and Applied Sciences, in India, nearly 2 million children under the age of five are likely to have celiac disease. Celiac disease accounts around 4% of all diarrheal deaths in children.
Moreover, various laws implemented by the governments for these products are anticipated to drive the demand for gluten-free products. From 20th July 2016 onwards, Regulation (EC) No 41/2009 compelled the Commission to convert its requirements to Regulation (EU) No 1169/2011Search for accessible translations of the previous linked regulation on the supply of food information to consumers. Regulation (EU) No 1169/2011 establishes guidelines for the mandatory labelling of allergic or intolerance-causing components, such as gluten-containing compounds, in all foods. To guarantee clarity and uniformity, it was decided that all gluten-related restrictions should be governed by the same piece of legislation. Such government initiatives support the people suffering from celiac disease as well as irritable bowel syndrome for ingredient identification
Global Gluten-Free Products Market by Region Outlook (Revenue, USD Million, 2021-2027)
In terms of geography, Europe dominated the regional market for gluten-free products market. There are specialized organizations which provide custom tailored foods for people suffering from celiac diseases. For instance, in Europe, National Associations from 19 European nations (including the majority of EU Member States) are SNE members, and its members are enterprises that produce custom-made dietary solutions for populations with particularly specific nutritional demands. Infants and young children, patients under medical supervision, athletes, overweight and obese consumers, and persons with celiac disease are among them.
Additionally, in Asia-Pacific, veganism and organic gluten-free foods were also popular in previous years. India's market share and market potential were vastly different. According to analysts and market share estimates, barely 0.5-2 percent of the market has been captured thus far. The lack of gluten-free product diagnosis was a major factor supporting the market growth
The Global Gluten-Free Products Market Segmentation:
Global Gluten-Free Products Market by Type Outlook (Revenue, USD Million, 2021-2027)
Global Gluten-Free Products Market by Application Outlook (Revenue, USD Million, 2021-2027)
Global Gluten-Free Products Market by Distribution Channel Outlook (Revenue, USD Million, 2021-2027)
Company Profiles and Competitive Intelligence
The key players operating in the gluten-free products market are: