PUBLISHER: SkyQuest | PRODUCT CODE: 1463392
PUBLISHER: SkyQuest | PRODUCT CODE: 1463392
Global Gluten-Free Bakery Market size was valued at USD 1.82 billion in 2022 and is poised to grow from USD 2.02 billion in 2023 to USD 4.58 billion by 2031, growing at a CAGR of 10.80% during the forecast period (2024-2031).
The gluten-free bakery market is experiencing rapid growth driven by the increasing awareness of gluten intolerance and celiac disease. This expansion is fueled by consumers seeking gluten-free options for health reasons or as part of their lifestyle choices, leading to an increased demand for gluten-free bakery products like bread, cookies, cakes, muffins, and pastries, which are now available beyond specialty stores and health food shops. Additionally, the market is influenced by the rising demand for organic, non-GMO, and other clean-label products, with both established companies like Schar, General Mills, Hain Celestial, and Kellogg's, as well as smaller independent bakeries, offering diverse gluten-free options to meet this growing demand. This dynamic landscape presents opportunities for product innovation and brand differentiation in the gluten-free bakery market.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Gluten-Free Bakery Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Gluten-Free Bakery Market Segmental Analysis
The global gluten-free bakery market is segmented on the basis of product, distribution channel, and region. In terms of product, the market is segmented into biscuits & cookies, bread, and cakes. Based on classification by distribution channel, the market is grouped into online, supermarkets & hypermarkets. Regionwise, the market is widespread into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Gluten-Free Bakery Market
Gluten intolerance and celiac disease, both autoimmune disorders, impact millions globally, causing adverse reactions to gluten, a protein present in wheat, barley, and rye, experienced by those affected by these conditions.
Restraints in the Global Gluten-Free Bakery Market
Gluten-free ingredients and production techniques often incur greater costs compared to traditional baking methods, leading to elevated prices for consumers. Consequently, this pricing disparity may render gluten-free bakery goods inaccessible to certain individuals unwilling or unable to afford the premium. Moreover, for those without diagnosed gluten intolerance or celiac disease, the perceived value of investing in pricier gluten-free products may be diminished, further exacerbating the accessibility issue.
Market Trends of the Global Gluten-Free Bakery Market
The surge in the gluten-free bakery market is predominantly fueled by the rising need for gluten-free offerings, stemming from a growing number of individuals diagnosed with gluten intolerance or opting for a gluten-free lifestyle due to various health considerations.