Gluten-free Food Market | Leading Segments, Trends, Drivers and Challenges
Market Forecast and Growth Projections 2021-2025
The gluten-free food market is expected to grow by $ 3.35 billion, accelerating at a CAGR of almost 8.35% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Gluten-free Food Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
Gluten-free Food Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
Gluten-free Food Market: Vendor Analysis
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
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Gluten-free Food Market Size to Grow by USD 3.19 bn During 2020-2024
Technavio has been monitoring the gluten-free food market and it is expected to grow by USD 3.19 billion, accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Gluten-free Food Market: APAC to lead market growth during the forecast period
Gluten-free Food Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Conagra Brands Inc., Freedom Foods Group Ltd., General Mills Inc., Gruma SAB de CV, Kellogg Co., Lindt & Sprüngli Group, Mondelez International Inc., The Hain Celestial Group Inc., The Hershey Co., and Unilever Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Gluten-free Food Market: Key Highlights of the Report for 2020-2024
Technavio has been monitoring the global gluten-free food market, which is expected to grow by USD 3.19 billion accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report
This report provides a detailed analysis of the gluten-free food market by Product (Gluten-free bakery and confectionery products, Gluten-free cereals and snacks, and Other gluten-free food products) and Geography (North America, Europe, APAC, South America, and MEA), and the Segment Forecasts, 2020-2024. The report also provides a detailed analysis of around 25 vendors operating in the gluten-free food market.
Gluten-free Food Market: Segmentation by Product
During 2019, the gluten-free bakery and confectionery food products segment accounted for the major share of the Gluten-free Food Market. Some of the key factors fueling the demand for gluten-free bakery products are the changing diet of consumers, the increasing incidences of celiac disease, and innovation in baking. This report provides an accurate prediction of the contribution of all the segments to the growth of the global gluten-free food market size.
Gluten-free Food Market: Segmentation by Geography
North America was the largest gluten-free food market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Market growth in this region will be faster than the growth of the market in Europe.
Gluten-free Food Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Conagra Brands Inc., Freedom Foods Group Ltd. and General Mills Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report