The Global Gluten Free Products Market size is expected to reach $8 billion by 2024, rising at a market growth of 8.2% CAGR during the forecast period.
Gluten-free products are believed to clear digestive ailments, lower cholesterol levels, and reduce fats levels, which eventually would drive the demand during the forecast period. The easy availability of products in almost all the grocery stores, would have a significant impact on the market growth.
Growing awareness among consumers about leading healthy lifestyles, and use of free-from products would favorably influence the market growth. Additionally, growing awareness about consumers to cut the use of gluten to avoid celiac disease and irritable bowel syndrome (IBS) would further add to the product demand.
Based on Type, the market is segmented into Bakery Products, Dairy/ Dairy alternatives, Meats/ Meats alternatives, Condiments, Seasonings, Spreads, Desserts & ice-creams, Prepared Foods, Pasta & Rice, and Others. Based on Distribution channel, the market is segmented into Grocery Stores, Independent natural or health food stores, Mass Merchandiser, Natural Food Chain, Club Stores, and Drug Stores. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Chobani, LLC, General Mills, Inc., PepsiCo, Inc., Danone SA, Dr. Sch?r AG / SPA, The Hain Celestial Group, Pinnacle Foods Inc., Kellogg’s Company, Ltd, The Kraft Heinz Company, and Premier Foods.