The gluten free food market is projected to witness notable expansion by 2027 owing to growing health consciousness among consumers across the world.
A gluten free diet is considered to reduce inflammation and autoimmune troubles, elevate energy levels, and promote healthy hair and skin in people with celiac disease. Rising prevalence of celiac diseases, wheat allergy, and gluten sensitivity has impelled consumers worldwide to make bio-individual health choices, which has fueled industry adoption over the past few years.
The gluten free food market has been segmented on the basis of distribution channel, product, and region. With respect to product, the market has been bifurcated into savories, bakery products, pizza & pasta, baby food, cereals & snacks, ready meals, and others.
The cereals & snacks sub-segment is speculated to expand at a CAGR of around 10% through the review period to reach a significant valuation by the end of 2027. Prevalent healthy snacking trend around the world is estimated to bolster product uptake in the coming time period. In 2020, the savories sub-segment was worth over USD 515 million and is set to observe steady progress over the analysis timeline. The others sub-segment is projected to expand a robust pace to reach a valuation of about USD 330 million by the end of 2027.
In terms of distribution channel, the gluten free food market has been categorized into hospitals & drug stores, conventional stores, specialty services, hotels & restaurants, E-retailers, and educational institutes. The educational institutes sub-segment is expected to register notable growth at a CAGR of approximately 7% through the assessment period owing to rising adoption of gluten free food in daycares and boarding schools for students suffering from gluten intolerance.
The specialty services sub-segment is anticipated to be valued at more than USD 715 million by the end of 2027. The hospitals & drug stores sub-segment is slated to garner a substantial revenue of about USD 1,070 million by the end of the forecast timeframe due to surging need to provide proper diet to patients.
On the regional spectrum, the Latin America gluten free food market is poised to progress at approximately 8.5% CAGR over the study period on account of escalating product penetration in the LATAM region. Meanwhile, the Middle East & Africa gluten free food market held a valuation of nearly USD 405 million in 2020 and is expected to exhibit a solid growth trajectory through 2027. Increasing awareness among consumers regarding gluten free alternatives and growing health concerns are likely to drive regional market development over the forthcoming period.