LAMEA Gluten-Free Baking Mixes Market By Product (Cookies, Cakes & Pastries, Bread, Pizza and Others), By Distribution Channel (Grocery Stores, Health Food Store, Mass Merchandiser, Club Stores, Drug Stores and Others), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Gluten-free Baking Mixes Market would witness market growth of 8.1% CAGR during the forecast period (2021-2027).
Gluten-free baking mixes are ready to make food products that require fewer efforts in baking like cakes, muffins, etc. These products are becoming more popular due to the increasing health awareness among the population. People are avoiding the consumption of gluten-containing products to prevent any kind of diseases like celiac disease and digestion problems.
In standard gluten-containing food products, gluten proteins are accountable for the maintenance & retention of the moisture, which contributes to the longer shelf life of these products. Though, due to the absence of these gluten proteins in these mixes, the shelf life of such products is comparatively low. In addition, it is difficult for major companies to manufacture a range of gluten-free products to boost moisture retention & shelf-life. Therefore, companies are carrying out various R&D activities and deploying the latest technologies to get the desired shelf-life.
The increasing demand for gluten-free baking mixes in the countries like South Africa is augmenting the growth of the region. Along with that, the shifting focus of consumers on healthy food items is opening lucrative opportunities for the companies to improve their products in different variations and acquire a significant share in the regional market.
This region has great potential, which can be used by the companies to enter and prosper the regional market. Consumers are becoming more conscious about their healthy lifestyle and food habits, which would increase the demand for gluten-free products. Several nations in this region have poor health indexes that would positively impact the demand for healthy food items in this region. All these factors would collaboratively support the growth of the gluten-free baking mixes market in this region.
The Grocery Stores market dominated the South Africa Gluten-Free Baking Mixes Market by Distribution Channel 2020, thereby, achieving a market value of $4,332.1 Thousands by 2027. The Health Food Store market is estimated to grow at a CAGR of 9.4% during (2021 - 2027). The Mass Merchandiser market is showcasing a CAGR of 11% during (2021 - 2027). Additionally, The Club Stores market is expected to witness highest CAGR of 11.2% during (2021 - 2027).
Based on Product, the market is segmented into Cookies, Cakes & Pastries, Bread, Pizza and Others. Based on Distribution Channel, the market is segmented into Grocery Stores, Health Food Store, Mass Merchandiser, Club Stores, Drug Stores and Others. 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 General Mills, Inc., Conagra Brands, Inc., Williams-Sonoma, Inc., Kinnikinnick Foods, Inc., Continental Mills, Inc., Partake Foods, Chebe, Naturpro, SalDoce Fine Foods, and King Arthur Baking Company
Scope of the Study
Market Segments Covered in the Report:
- Cakes & Pastries
By Distribution Channel
- Grocery Stores
- Health Food Store
- Mass Merchandiser
- Club Stores
- Drug Stores
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- General Mills, Inc.
- Conagra Brands, Inc.
- Williams-Sonoma, Inc.
- Kinnikinnick Foods, Inc.
- Continental Mills, Inc.
- Partake Foods
- SalDoce Fine Foods
- King Arthur Baking Company
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