Gluten-Free Food Market Projected to Exceed $11.587 Billion by 2034

Celiac.com 05/08/2024 - The global gluten-free food market is on a trajectory of significant growth, with a projected valuation of US$ 5.870 billion by 2024. Anticipated to expand at a robust Compound Annual Growth Rate (CAGR) of 7% between 2024 and 2034, the market is expected to surpass US$ 11.587 billion by 2034.

The burgeoning demand for gluten-free foods stems from increased health awareness and dietary restrictions among individuals with celiac disease and gluten intolerance. Innovations in product development, widened distribution channels, and heightened public awareness regarding the health risks associated with gluten consumption are driving this growth.

Celiac.com Sponsor (A12):
One of the primary drivers of the escalating demand for gluten-free products is the rising incidence of celiac disease and gluten-related sensitivities. Alarmingly, more than 80% of Americans with celiac disease are unaware of their condition, as reported by the Celiac Disease Foundation.

Moreover, a broader societal acceptance of gluten-free goods is anticipated over the forecast period, fueled by heightened awareness of their health benefits. To meet the burgeoning consumer demand, numerous food manufacturers have intensified their focus on producing gluten-free alternatives in recent years.

However, despite the promising growth prospects, price sensitivity is expected to restrain the expansion of the gluten-free food industry.

Key takeaways from the market study include the dominance of bakery products in the gluten-free food market by product type, and a higher projected growth rate for solid gluten-free food

Competitive Gluten-Free Food Manufacturing Landscape

The gluten-free food market is characterized by both multinational corporations like General Mills, The Kraft Heinz Company, and Kellogg's, and regional players vying for market dominance. Key manufacturers are leveraging organic strategies, such as product innovation, to meet the evolving demands of health-conscious consumers. 

Veripan's recent launch of gluten-free flour for bakery products exemplifies this trend, catering to the rising demand driven by celiac disease and food allergies. Additionally, companies are pursuing inorganic strategies like mergers and acquisitions to bolster their market positions. As consumer awareness grows, the gluten-free food market is poised for further expansion and innovation.

Enjoy Life Foods, a snack manufacturing company based out of the U.S was acquired by Mondelez International Inc., as a strategic move to expand their portfolio in gluten free products.

Key Players Profiled in the Gluten-free Food Market Report

• The Kraft Heinz Company
• Kellogg’s Company
• General Mills
• The Hain Celestial Group Inc
• ConAgra Brands Inc
• Hero AG
• Barilla G.E.R Fratelli S.P.A
• Freedom Foods Group Limited
• Raisio PLC
• Enjoy Life Foods

Gluten-Free Food Market by Category

• Infant Formula
• Bakery Products
• Pasta
• Dairy Products
• Ready Meals
• Other Product Types

By Form, Gluten-Free Food Market is Segmented as:

• Liquid Form
• Solid Form

By Source, Gluten-Free Food Market is Segmented as:

• Animal Sources
• Dairy
• Meat
• Plant Sources
• Pulses
• Oilseed
• Rice
• Corn
• Others

By Sales Channel, Gluten-Free Food Market is Segmented as:

• Offline Sales Channel
• Supermarkets/Hypermarkets
• Departmental Stores
• Convenience Store
• Other Sales Channel
• Online Sales Channel
• Company Website
• E-commerce Platform

By Region, Gluten-Free Food Market is Segmented as:

• North America
• Latin America
• Europe
• Middle east and Africa
• East Asia
• South Asia
• Oceania

Read more at: fmiblog.com