DUBLIN–(BUSINESS WIRE)–The report “Gluten-Free Bakery Products Market – Global Industry Analysis (2018-2020) – Market Growth Trends and Forecast (2021-2026)” has been added to from ResearchAndMarkets.com offer.
Poised for a promising CAGR of 11.9% between 2021 and 2026, the global gluten-free bakery products market is expected to surpass revenue of US$5 billion by the end of the forecast period.
NAIRN’S LIMITED OAT CAKES
Dr. Schar AG / SPA
Associated British Foods plc
Kinnikinnick Foods Inc.
The report says the increasing inclusion of gluten-free baked goods on quick-service restaurant (QSR) menus indicates how quickly they are entering the mainstream, capturing larger market spaces.
Although gluten is a traditional ingredient in the daily diet, it is only recently that consumers have developed a changing perception of the consumption of gluten-rich foods. With growing concern about how gluten can potentially be unhealthy in the long term, more people are turning to gluten-free eating practices as part of a healthier lifestyle. In addition to the increasing prevalence of gluten intolerance and celiac disease around the world, an increasing proportion of people suffering from obesity (seeking considerable weight loss) is also a major factor driving demand for gluten-free products. .
Sales of biscuits and biscuits remain remarkable
Among breads, pizzas, cookies, tortillas, biscuits, cakes, muffins, and crackers, easy, dry, on-the-go products like cookies and biscuits have been observed to sell faster than others on the market. With an estimated CAGR of over 13% between 2021 and 2026, cookies and biscuits will continue to be the top-selling category in the gluten-free bakery market. Organic products are recently gaining traction in the gluten-free space through which the organic segment is expected to gain a notable incremental opportunity worth over US$800 million over the period 2021-2026.
Retail Growth Provides Fertile Ground for Market Growth
In line with the thriving retail industry that provides dedicated space for bakery, supermarkets and hypermarkets are expected to be major contributors to the expansion of the market. The surge in segments like free and better for you has been a big driver of visibility and sales for specialty products, including gluten-free baked goods. This is clearly attributable to the growing consumer interest in healthy foods, coupled with their greatly increasing accessibility and availability. The supermarket/hypermarket segment is expected to show a CAGR above 10% between 2021 and 2026. The role of e-retail has also been significant, especially in the context of the COVID-19 pandemic.
Europe reflects strongest growth opportunity for gluten-free bakery
In the United States, nearly three out of four ordinary consumers consider gluten-free products suitable for all members of their family. While this trend clearly indicates the deepening penetration of gluten-free foods beyond consumers with gluten intolerance, allergy, or sensitivity, it is a strong indication of the growing ubiquity of gluten-free foods. . Led by the United States, North America is expected to maintain its prominent position in the market throughout the forecast period. Regional market analysis further reveals that Europe, the key market for the bakery industry, will also be a strong contender in the global gluten-free bakery products market. Between 2021 and 2022, the European market is expected to experience an impressive growth rate of over 11%.
Main topics covered:
2. Market Overview
2.1. Market definitions
2.2. Market Taxonomy
2.3. Market dynamics
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 impact analysis
2.6. Key regulations
2.7. Key certifications
2.8. Key developments
3. Global Gluten-Free Bakery Products Market Outlook, 2018- 2026
4. North America Gluten-Free Bakery Products Market Outlook, 2018- 2026
5. Europe Gluten-Free Bakery Products Market Outlook, 2018- 2026
6. Asia-Pacific Gluten-Free Bakery Products Market Outlook, 2018- 2026
7. Latin America Gluten-Free Bakery Products Market Outlook, 2018- 2026
8. Middle East & Africa Gluten-Free Bakery Products Market Outlook, 2018- 2026
9. Competitive Landscape
9.1. Company Market Share Analysis, 2019
9.2. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/fqykel