Transparency
Market Research has published a new market study, titled “Gluten
Free Food Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2015 - 2021.” The report says that the global
gluten-free food market will reach a valuation of US$4.9 bn by
2021, increasing from US$2.8 bn in 2014. This will amount to a CAGR
of 7.7% between 2015 and 2021. Displaying a volume growth at a CAGR
of 6.1% from 2015 to 2021, this market will rise to 423.0 (‘000)
metric tons by 2021, increasing from 277.2 (‘000) metric tons in
2014.
The
increasing number of individuals that have gluten sensitivity and/or
celiac disease is the major factor driving the gluten-free food
market. Food free of gluten also aid in weight management and overall
health management programs, further driving its demand. Other than
individuals with celiac disease, a gluten-free diet is also popular
due to the increasing awareness among consumers for signs of gluten
sensitivity on consuming foods that contain gluten. This will also
bolster the growth of this market during the forecast period.
Gluten
is present in grains such as barley, wheat, rye, and a hybrid between
wheat and rye called triticale. Gluten present in foods causes
inflammation of the small intestine of individuals with celiac
disease. For these individuals, a gluten-free diet helps control
celiac disease considerably.
The
report on the global gluten-free food market presents market data on
the basis of product type and geography. On the basis of product
type, baby food, bakery products, ready-to-eat meals, and pasta are
the segments of the market. Of all, gluten-free bakery products lead
the overall market. In the bakery product segment, innovative
processes and the use of gluten substitutes that give the same flavor
as gluten without the digestive problems are favoring the growth of
the gluten-free food market.
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Regionally,
Europe is the largest market for gluten-free food in terms of both
revenue and volume. In 2014, the region held a share of 52.5% in the
global market by revenue. In this region, individuals are perceiving
the discomfort associated with a gluten-rich diet and the increasing
awareness about gluten intolerance is a major reason for the strong
share of the Europe gluten-free food market in the global market.
In
France, the public perception of gluten intolerance as being linked
with obesity is propelling the demand for gluten-free foods.
Consumers think that gluten-free food can help reduce weight, which
is propelling the market in much of Western Europe. A considerably
large chunk of the health-conscious young population supporting a
gluten-free diet is favoring the growth of the France gluten-free
food market. Europe was followed by North America, with a share of
23.2%.in the global market in 2014.
The
global gluten free food market has been segmented as follows:
Global
Gluten Free Food Market by Product Type
- Gluten free bakery products
- Gluten free baby food
- Gluten free pasta
- Gluten free ready meals
Global
Gluten Free Food Market by Geography
North
America
- U.S
- Canada
Europe
- Germany
- Italy
- France
- Rest of Europe
Asia
Pacific
- Australia
- Rest of Asia Pacific
Middle
East and Africa
Latin
America
