PUBLISHER: KBV Research | PRODUCT CODE: 1374081
PUBLISHER: KBV Research | PRODUCT CODE: 1374081
The Latin America, Middle East and Africa Gluten Free Confectionary Market would witness market growth of 9.4% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 27,186.9 tonnes, showcasing a growth of 11.0% (2023-2030).
The surge in the number of working women in recent years has significantly impacted consumer dietary habits, particularly when consuming gluten-free ready meals and convenience foods. Working women often face busy and demanding schedules, limiting the time available for meal preparation. As a result, they seek convenient and time-saving options for their meals. Gluten-free ready meals and convenience foods are hassle-free to meet dietary needs without extensive cooking or meal planning. They can be quickly heated and consumed, fitting into the fast-paced routines of working women.
Moreover, ready meals and convenience foods labeled as gluten-free assure consumers of gluten-related dietary restrictions. They can enjoy these products without worrying about gluten contamination, a common concern for individuals with celiac disease or gluten sensitivity. The availability of a wide variety of gluten-free ready meals and convenience foods allows working women to maintain dietary diversity and enjoy different cuisines without compromising their nutritional requirements. This diversity can help prevent meal fatigue and ensure a balanced diet.
Like many other countries, the UAE has witnessed a health and wellness awareness surge. Consumers are increasingly mindful of their dietary choices, seeking foods that promote well-being. Gluten-free products align with these health-conscious lifestyles. The UAE is a primary tourist destination, attracting visitors from around the world. Many restaurants and hotels in the UAE offer gluten-free menus to cater to the diverse dietary preferences of tourists, including those seeking gluten-free options. High-end hotels in Dubai, such as Atlantis The Palm, provide gluten-free dining options and are known for their gluten-sensitive menu offerings. As a result, these factors will boost the demand for gluten free confectioneries in the LAMEA region.
The Brazil market dominated the LAMEA Gluten Free Confectionary Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $93.5 Million by 2030. The Argentina market is showcasing a CAGR of 10% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.1% during (2023 - 2030).
Based on Product Type, the market is segmented into Gluten-free chocolates, Baking mixes, Gluten-free Cakes, Gluten-free Cookies, and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, Online Sales Channel, and Others. Based on Price Point, the market is segmented into Economy, Mid-Range, and Luxury. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Conagra Brands, Inc., Mondelez International, Inc., King Arthur Baking Company, Inc., Bob's Red Mill Natural Foods, Inc., Simple Mills, Inc., Hail Merry LLC, The GFB, SmartSweets Inc. (TPG Inc.), Quinoa Corporation (Ancient Harvest) and Unreal Brands Inc.
Market Segments covered in the Report:
By Product Type (Volume, Tonnes, USD Million, 2019-2030)
By Distribution Channel (Volume, Tonnes, USD Million, 2019-2030)
By Price Point (Volume, Tonnes, USD Million, 2019-2030)
By Country (Volume, Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings from KBV Research