Global Gluten-Free Bakery Premixes Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Gluten-Free Bakery Premixes Market is projected to grow at a CAGR of 7.82% during the forecast period (2020-2025).
Key HighlightsRising Prevalence of Celiac Disease and the consumption of gluten-free foods being its only treatment is expected to drive the Gluten-Free Bakery Premixes market over the forecast period. Though there are tests and diagnoses to confirm celiac disease in a person, it has proven to be difficult since some people may not display any symptoms and others may have developed it as a child. It affects people differently and can lead to complications in the long run, if not attended to appropriately. It can thus be seen that even people without celiac disease are increasingly avoiding gluten as a means to lead an improved and healthy lifestyle.
North America Holds the Largest Market ShareNorth America accounts for the largest revenue share in the gluten-free bakery premixes market owing to high awareness and purchasing power. Consumers in such developed economies tend to be familiar with diverse eating experiences and generally demand products customized with additional nutritional and health benefits. The demand for clean label and gluten-free products is expected to influence the gluten-free bakery premixes market in the region, over the forecast period.
Competitive LandscapeThe gluten-free bakery premixes market is fragmented and comprises of numerous regional and international competitors. Some of the major players operating are Watson Inc., Myosyn Industries Pty Ltd, Melinda's Gluten Free Goodies, Caremoli SPA, Naturpro, DeutscheBack GmbH & Co. KG, Bakels Group, Baking Technical Advice Pty Ltd, Benexia and BioXXI, among others.
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