Gluten-Free Products Market Trends and Forecast, 2020-2028
A recent market intelligence report that is published by Data Insights Partner on the global Gluten-Free Products Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Gluten-Free Products Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Gluten-Free Products Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Gluten-Free Products Market is offered. In accordance with the report, the global Gluten-Free Products Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints, Opportunity & Trends of the Market:
Gluten is an amalgamation of two protein components namely glutenin and gliadin. Glutens are generally derived from rye, barley and wheat. Although gluten is a sort of protein and has nutritional content yet it is more averse to the human health than good. Gluten-free products are food products that are not gluten-based. A gluten-free diet is good for the human health.
The main factor fueling the growth of this market is health concern. The soaring population suffering from celiac diseases and Irritable Bowel Syndrome is inclining towards the consumption of a gluten-free diet as a part of medication. Gluten-free products boosts the metabolic systems, promotes digestion and balances the lipid profile in blood, keeps track of cholesterol, aids weight control and reduces the risk of cardiovascular disorders. All these factors are driving the growth of this market.
Supportive initiatives and policies undertaken by regulatory bodies of different regions are bolstering the growth of this market. For example, the U.S. based Food and Drug Administration (FDA) has carved a niche in the promotion of gluten-free diets.
Technological advancement and its implementation have propelled the growth of this market. The production process of the main ground where advanced technology is deployed with the aim of reducing the cost of production of gluten-free products. Technological advancement has also positively assisted in the diversification of the product portfolio.
The increasing obtainability of gluten-free products is bolstering this market. Now-a-days, these products are readily available in organized retail store. In order to increase the visibility of gluten-free products, the leading players are showcasing their products in the shelves of departmental stores and supermarkets which is driving the growth of this market.
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Gluten-free products are of premium price relative to normal food products. In spite of the fact that the adoption of gluten-free diet is good for health, the immoderate price of these products makes it unaffordable to many consumers and impedes the growth of this market.
Although gluten-free products are good for patients suffering from celiac diseases, yet they are lack of some of the important dietary fibers that are nutritious and good for health. The paucity of fibers in gluten-free diets often results in digestive disorders and constipation which is threatening the growth of the gluten-free products market.
Despite glute-free products being a healthy food alternative, these food products lack taste, flavors and textures. Producers of these products are inclining towards the production of gluten-free products without compromising taste, flavors and textures and also minimize differences in appearances. This is often challenging the producers of gluten-free products.
Traditionally, gluten-free products do not comprise a long lifespan which cumbered this market. But the deployment of micro-encapsulation with the purpose of expanding the shelf-life of these products are expected to unfold new market scopes for the gluten-free products market.
The upsurge in health-conscious population coupled with the rising number of patients suffering from chronic diseases like celiac and other lifestyle diseases are likely to provide lucrative opportunities to this market.
North America dominates the market for gluten-free products and is expected to continue its domination in the forecast period owing to the upsurge in health freak consumers, increasing knowledge with regard to the positive influence of gluten-free products on health in this region and the favorable policies of the administering bodies like FDA. The Europe market is estimated to hold the second largest gluten-free products market in the forecast period on account of the availability of a range of diverse gluten-free products. The Asia Pacific region is projected to emerge as the fastest growing regional market in the forecast period. Such progress is attributable to the increasing awareness over celiac diseases and positive economic factors. Globally, this market is expected to grow at a CAGR of 7.2% in the forecast period.
This market intelligence report on the global Gluten-Free Products Market encompasses market segments based on product type, distributional channel, source, form, and country.
By Product Type the global Gluten-Free Products Market has been divided into:
q Bakery Products
o Baking Mixes and Flours
o Cookies, Crackers, wafers, and Biscuits
o Bread, Rolls, Buns and Cakes
q Snacks and RTE Products
q Condiments and Dressings
q Pizzas and Pastas
By Distributional Channel the global Gluten-Free Products Market has been divided into:
q Conventional Stores
o Grocery Stores
o Mass Merchandizers
o Warehouse Clubs
o Online Retailers
q Specialty Stores
o Gourmet Stores
o Confectionery Stores
o Bakery Stores
q Drugstores and Pharmacies
By Source the global Gluten-Free Products Market has been divided into:
o Oilseeds and Pulses
o Rice and Corns
By Form the global Gluten-Free Products Market has been divided into:
By country/region, the global Gluten-Free Products Market has been divided into:
q North America (the U.S., Canada),
q Latin America (Brazil, Mexico, Argentina and other countries),
q Europe (Germany, France, the U.K., Spain, Italy, Russia, and...
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