PUBLISHER: 360iResearch | PRODUCT CODE: 1494614
PUBLISHER: 360iResearch | PRODUCT CODE: 1494614
[191 Pages Report] The Gluten-Free Breakfast Cereals Market size was estimated at USD 24.26 billion in 2023 and expected to reach USD 25.69 billion in 2024, at a CAGR 6.17% to reach USD 36.90 billion by 2030.
Gluten-free breakfast cereals are specifically formulated without gluten, a protein found in wheat, barley, and rye, to cater to individuals with celiac disease or gluten intolerance. The increasing prevalence of celiac disease and gluten sensitivity has heightened consumer demand for gluten-free products. The rising health consciousness among consumers, who perceive gluten-free diets as healthier or part of a lifestyle choice, further fuels market growth. Additionally, the growing trend towards specialty diets and the increasing availability of gluten-free products in mainstream grocery stores boost market expansion. The higher cost of gluten-free cereals compared to traditional cereals limits their accessibility and appeal. The potential for cross-contamination during manufacturing requires stringent production controls that hampers the market growth. Increasing development of innovative and nutritionally enhanced gluten-free cereals and expanding product lines to include a variety of flavors and ingredients are expected to create opportunities for market growth.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 24.26 billion |
Estimated Year [2024] | USD 25.69 billion |
Forecast Year [2030] | USD 36.90 billion |
CAGR (%) | 6.17% |
Regional Insights
In the Americas, the market for gluten-free breakfast cereals is highly developing, with the high prevalence of celiac disease and gluten sensitivity, combined with a strong health and wellness culture, driving significant demand. Consumers in this region increasingly seek gluten-free options for medical reasons and as part of a broader health-conscious lifestyle. The widespread availability of gluten-free products in major retail chains and online platforms supports market growth. South America is an emerging region with growing awareness and demand, especially in urban areas where consumers have greater access to specialty health foods. In the Asia-Pacific (APAC) region, the gluten-free breakfast cereal market is expanding rapidly with increasing awareness of gluten-related health issues and a well-established market for gluten-free products. In China and India, rising health consciousness and increasing disposable incomes drive demand for specialty health foods, including gluten-free cereals. Europe stands out with its strong market for gluten-free products, driven by stringent food safety regulations and high consumer awareness. Countries such as the United Kingdom, Germany, and Italy have well-developed markets for gluten-free cereals, supported by a robust network of health food stores and supermarkets offering a wide range of options. The Middle East shows growing interest in gluten-free products, particularly in affluent regions, including the UAE, where health and wellness trends are gaining traction. Africa presents a more nascent market, with potential growth in urban centers as awareness and access to gluten-free products improve.
Market Insights
The market dynamics represent an ever-changing landscape of the Gluten-Free Breakfast Cereals Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Gluten-Free Breakfast Cereals Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Gluten-Free Breakfast Cereals Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Strategic Acquisition: Grupo Bimbo Boosts Gluten-Free Market Presence with Amaritta Food SL Purchase
Grupo Bimbo SAB de CV announced the acquisition of Amaritta Food SL, a company specializing in the research, development, and production of gluten-free bread. This strategic move enhances Bimbo's expertise in the gluten-free sector, allowing the company to leverage new technologies and capitalize on the significant growth potential in this burgeoning market. [Published On: 2024-02-02]
Introducing New Gluten-Free Options from General Mills
General Mills released six new cereals across various beloved brands. Among the highlights are the Trix with Marshmallows, featuring bunny-shaped marshmallows and fruit-flavored corn puffs, and the Maple Cinnamon Cheerios Hearty Nut Medley, which combines maple- and cinnamon-flavored Cheerios with flakes, almonds, and pumpkin seeds, delivering 33 grams of whole grain per serving. The Honey Nut Cheerios Minis also offer a compact version of the classic flavor, while the Lucky Charms Berry Swirl introduces strawberry, blueberry, and raspberry-flavored marshmallow charms. [Published On: 2023-12-11]
Launch of Just Live a Little: A Gluten-Free Granola Choice for Health-Conscious Consumers
Kestrel Foods has introduced Just Live a Little, a new gluten-free granola brand, into major retailers such as Spar, Tesco, and online stores, with wider retail distribution planned for the new year. This brand aims to offer a healthier breakfast option that is free from refined sugars and caters to over four million UK consumers who actively reduce or avoid gluten. [Published On: 2023-11-06]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Gluten-Free Breakfast Cereals Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Gluten-Free Breakfast Cereals Market, highlighting leading vendors and their innovative profiles. These include Ann's House of Nuts, Inc., Arrowhead Mills, Attune Foods, LLC, Bakery On Main, Bear Naked, Inc., Bob's Red Mill Natural Foods, Inc., EnviroKidz by Nature's Path, Food For Life Baking Co., Inc., Freedom Foods Group Ltd., General Mills, Inc., Julian's Recipe LLC, Kashi Company, Kay's Naturals, Inc., Kellogg Company, Lydia's Organics, Nature's Path Foods Inc., Post Consumer Brands, LLC, Purely Elizabeth, Quinn Snacks Inc., Q'ia by Nature's Path, Rudi's Organic Bakery, Inc., Van's International Foods, Inc., and Weetabix Limited.
Market Segmentation & Coverage