According to a new report, published by KBV research, The Global Gluten Free Confectionary Market size is expected to reach $5.3 billion by 2030, rising at a market growth of 7.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,68,806.8 tonnes, experiencing a growth of 4.2% (2019-2022).
The Gluten-free chocolates segment is registering a CAGR of 6.9 % during the forecast period. As consumers become more health-conscious, they seek gluten-free alternatives to traditional chocolates containing gluten. A desire for better dietary choices and concerns about gluten-related health issues drives this trend. The growing awareness of celiac disease, a condition requiring strict gluten avoidance, has prompted individuals with this condition to seek out gluten-free chocolate options. Therefore, there will be a rising demand in the segment.
The Supermarket/Hypermarket segment is leading the Global Gluten Free Confectionary Market, by Distribution Channel in 2022; thereby, achieving a market value of $1.8 billion by 2030. Hypermarkets and supermarkets typically offer various products, including gluten-free confectionary. Consumers can find a variety of gluten-free sweets, chocolates, cookies, and other confections under one roof, making it a convenient one-stop shopping place for those with dietary restrictions. Shoppers can easily discover and purchase gluten-free confectionary while grocery shopping.
The Mid-Range segment exhibits a CAGR of 7.8% during (2023 - 2030). Mid-range gluten-free confectionary products are positioned to balance quality and cost. They are more affordable than premium or artisanal options but often boast better quality and taste than budget alternatives. This affordability attracts a broad consumer base looking for value without compromising taste or dietary requirements. These factors pose a lucrative prospect for the mid-range segment worldwide.
The Europe region dominated the Global Gluten Free Confectionary Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.8 billion by 2030. The North America region is anticipated to grow at a CAGR of 7.2% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 8.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/gluten-free-confectionary-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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 Geography (Volume, Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
