Global Gluten-Free Bakery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Global Gluten-Free Bakery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Gluten-Free Bakery Market is projected to grow at a CAGR of 9.3% during the forecast period (2021-2026).

Key Highlights

• The consumer perception regarding the presence of gluten in their diet has changed, which has led to the emergence to consumers perceiving gluten-free as a healthier way of living. Some of the consumers are adapting to the gluten-free diets to manage weight.
• With the rising prevalence of celiac disease in the global population, the preference for gluten-free diet is increasing amid consumers. With the rising popularity of gluten-free products, the bread products, snacks, and cookies are becoming immensely popular, owing to the convenience it offers.
• The gluten-free bakery products gaining traction over the forecast period, because the consumers in the market remain stringent with enjoying diverse eating experiences and are hardly expected to give up on that.

Key Market TrendsRising Prevalence Of Celiac Disease in Global Population

In European countires there is a rising prevalence of celiac diseases amid the population. According to the 10th edition of the annual report published by the Italian Ministry of Health, it is estimated that 1% of the worldwide population is suffering from celiac diseases. In Italy, it reached 0.33% on the basis of the 2016 data, given that there were over 5,000 diagnoses more than the number of diagnoses a year ago. Celiac disease has a very strong genetic component. Almost 30% of the American population has the version of gene required to develop celiac disease. Owing to the rising prominence among the population in the United States, consumers are getting motivated to switch to gluten-free products. This, in turn, boosting the gluten-free bakery market.

North America Holds the Largest Market Share

North America is the largest market for gluten-free bakery products, followed by Europe and South America, owing to the increasing incidence of celiac disease and gluten intolerance majorly in European countries. Furthermore, the the innovative product launches in gluten free products is influencing the market growth of gluten free products.Moreover, rising awareness about the health benefits of gluten-free eatables is likely to boost the market growth. Favorable regulatory framework and initiatives to promote a gluten-free diet by the U.S. Food and Drug Administration (FDA) and subsidy allocations are anticipated to boost the gluten free bakery market in over the forecast period.

Competitive Landscape

Some of the major key players in the gluten free bakery market, globally includes Amy’s Kitchen, Inc., Bob’s Red Mill, Boulder Brands, Inc., Dr. Schär, Enjoy Life Natural Brands LLC, General Mills, Inc., Golden West Specialty Foods, H.J. Heinz Company, and Hain Celestial Group, Inc., among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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