PUBLISHER: KBV Research | PRODUCT CODE: 1431111
PUBLISHER: KBV Research | PRODUCT CODE: 1431111
The Asia Pacific Gluten Free Flour Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 230.8 Kilo tonnes, showcasing a growth of 5.2% (2019-2022).
The versatility of gluten-free flour in accommodating the requirements of various specialty diets contributes to its rising popularity. This expansion broadens the consumer base and encourages innovation in gluten-free flour formulations, further enhancing its appeal for individuals embracing specialized dietary patterns. In essence, the market for gluten free flour is intricately connected to the evolving landscape of specialty diets, reflecting a dynamic and responsive industry meeting the diverse needs of health-conscious consumers.
The demand for gluten-free flour has increased as individuals seek to recreate these dishes while adhering to gluten-free dietary preferences. The appeal of gluten-free flour in cuisine trends lies in its versatility and ability to cater to a wide array of international recipes. From Asian to Latin American cuisines, gluten-free flour allows individuals to enjoy a rich tapestry of flavors without compromising on dietary restrictions. This dynamic interplay between the popularity of regional culinary exploration and the flexibility of gluten-free flour positions it as a crucial ingredient in contemporary kitchens, reflecting a broader consumer shift towards diverse and inclusive eating habits.
Food service establishments in the Asia Pacific are increasingly incorporating gluten-free options into their menus. This trend aligns with the broader health and wellness movement, expanding the availability of gluten-free flours. Western dietary trends, including the gluten-free movement, have influenced consumer choices in the Asia Pacific. Moreover, according to the 14th Five-Year Plan (2021-2025), China aims to increase its urbanization rate to 65%. A shift in dietary preferences accompanies urbanization in China. Consumers in urban areas are more inclined towards healthier and diverse food options, leading to an increased demand for gluten-free products, particularly flours made from alternative grains. Therefore, the factors mentioned above will propel the market growth in this region.
The China market dominated the Asia Pacific Gluten Free Flour Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $648.5 Million by 2030. The Japan market is experiencing a CAGR of 4.5% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 5.9% during (2023 - 2030).
Based on Application, the market is segmented into Bread & Bakery Products, Soups & Sauces, and Ready to Eat Products. Based on Source, the market is segmented into Legumes, and Cereals. Based on Product, the market is segmented into Almond Flour, Amaranth Flour, Oat Flour, Corn Flour, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Gluten Free Flour Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Source (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)