Gluten-free Prepared Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The gluten-free prepared food market is projected to record a CAGR of 5.8% during the forecast period, 2020-2025.
Key HighlightsThe market for gluten-free food products has witnessed an increasing trend owing to the rising risk of celiac disease (CD). The prevalence of CD varies from 4.5% among first-degree relatives of CD-affected patients to 0.5%–1.0% in the general population and is increasing over time. A strict gluten-free diet is the only available treatment for CD as it relieves symptoms, achieves mucosal healing, and prevents disease complications. Therefore, the gluten-free foods are majorly driving the celiac diseased people. However, according to Mayo Clinic, 3.1 million Americans are shifting toward a gluten-free diet, where 72 % of them are classified as people without celiac disease avoiding gluten (PWAG). This group of people has been ditching gluten without a celiac diagnosis, owing to join the trend of gluten-free consumption.
North America to Dominate the Global MarketNorth America dominates the gluten-free market, primarily driven by the United States, as the consumers in the region are avoiding gluten in their dietary trends, with over 100 million Americans consuming gluten-free products, most of whom do not have celiac disease in the past decade. Consumers are taking gluten-free products, not only because to prevent adverse symptoms, such as gastrointestinal in nature (bloating, wind, and abdominal cramps) and fatigue/tiredness, but also because of a general perception of maintaining better health.
Competitive LandscapeThe gluten-free prepared food market is competitive in nature having a large number of domestic and multinational players competing for market share. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the market include PepsiCo Inc., General Mills Inc., Kellogg Company, The Hain Celestial Group Inc., Mondelēz International, and H. J. Heinz Company, among others.
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