Gluten-Free Products Market Forecast by Type, Distribution Channel, Region-2023

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MarketsandMarkets Presents
Gluten-Free Products Market - Global Forecast 2023
https//www.marketsandmarkets.com/Market-Reports/g
luten-free-products-market-738.html
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The gluten-free products market was valued at
USD 4.18 billion in 2017 this is projected to
reach USD 6.47 billion by 2023, at a CAGR of 7.6
during the forecast period. Rise in awareness
about celiac disease and adoption of special
dietary lifestyles are the major factors driving
this market. Browse 92 market data Tables and 33
Figures spread through 164 Pages and in-depth TOC
on "Gluten-free Products Market by Type (Bakery
Products, Snacks RTE Products, Pizzas Pastas,
Condiments Dressings), Distribution Channel
(Conventional Stores, Specialty Stores,
Drugstores Pharmacies), and Region - Global
Forecast to 2023 This report includes a study
of marketing and development strategies, along
with the product portfolios of leading companies.
It includes the profiles of leading
manufacturers, such as The Kraft Heinz Company
(US), The Hain Celestial Group, Inc. (US),
Pinnacle Foods Inc. (US), General Mills, Inc.
(US), and Kellogg Company (US). Some of the other
market players that hold a significant share in
the gluten-free products market include Hero AG
(Switzerland), Barilla GER Fratelli SPA (Italy),
Pasia Plc (Finland), Dr. Schar AG/SPA (Italy),
Farmo SPA (Italy), Freedom Foods Group Limited
(Australia), Genius Foods (UK), Enjoy Life Foods
(US), Norside Foods Ltd. (UK), and Warburtons
(UK). The periodization considered for the study
is as follows Base year 2017 Forecast period
2018 to 2023 Download PDF Brochure
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Bakery products segment is estimated to be the
largest in 2018 The gluten-free products market,
by type, is estimated to be dominated by the
bakery products segment. This is mainly due to
increasing preference for the bakery products,
which are staple foods in North America and
Europe countries in these regions are also known
to have the highest number of gluten-intolerant
population in the world. However, the awareness
among the general population in these regions of
celiac disease and health benefits associated
with the consumption of gluten-free products is
high, which has translated into increasing demand
for gluten-free bakery products. Conventional
stores segment is projected to be the largest
fastest growing during the forecast period Of the
various distribution channels, the conventional
stores segment is projected to witness the
fastest growth during the forecast period. The
conventional stores segment includes various
subsegments such as grocery stores, mass
merchandisers, warehouse clubs, and online
retailers. Conventional stores are an economical
alternative and have become a popular choice for
consumers who prefer gluten-free
products. Europe is projected to be the
fastest-growing market during the forecast
period The European market is projected to grow
at the highest CAGR from 2018 to 2023. Increasing
incidences of celiac diseases and gluten
sensitivities have led to high demand for
gluten-free products in the region. Additionally,
a majority of the regions populace has also been
adopting gluten-free diets owing to the various
health benefits associated with them, despite not
being gluten-intolerant. Growing preference for
gluten-free diets has widened market
opportunities for numerous global gluten-free
product brands to enter the region and many local
patisseries, bakeries, and confectioneries brands
to be able to tap into this consumer space. Make
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The gluten-free products market, based on type,
has been segmented into bakery products, snacks
RTE products, pizzas pastas, condiments
dressings, and others. The market for bakery
products is estimated to dominate in 2018, while
the snacks RTE products segment is projected to
be the fastest-growing during the forecast
period. Companies have identified that
gluten-intolerant consumers due to their busy
lifestyles and increased snacking requirements
require quality snacks RTE products. This has
encouraged manufacturers to venture into the
gluten-free snacks RTE products category. The
gluten-free products market, by distributional
channel, has been segmented into conventional
stores, specialty stores, and drugstores
pharmacies. The conventional stores segment is
estimated to dominate the market in 2018 and is
projected to grow at the highest CAGR by 2023. As
these stores are easily accessible, consumers
find it an economical alternative. The different
types of conventional stores considered for the
study include grocery stores, mass merchandisers,
warehouse clubs, and online retailers. The
global market for gluten-free products is
dominated by large-scale players such as The
Kraft Heinz Company (US), The Hain Celestial
Group, Inc. (US), Pinnacle Foods Inc. (US),
General Mills, Inc. (US), and Kellogg Company
(US). Hero AG (Switzerland), Barilla GER Fratelli
SPA (Italy), Pasia Plc (Finland), Dr. Schar
AG/SPA (Italy), Freedom Foods Group Limited
(Australia), Genius Foods (UK), Enjoy Life Foods
(US), Norside Foods Ltd. (UK), and Warburtons
(UK) are other players that hold a significant
share of the market. Request Sample
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