According to a new report, published by KBV research, The Global Gluten Free Products Market size is expected to reach $12.9 billion by 2030, rising at a market growth of 9.5% CAGR during the forecast period.
Gluten-free baking mixes and kits have gained popularity, offering consumers the convenience of preparing gluten-free baked goods at home. These products often include pre-measured ingredients and detailed instructions, making gluten-free baking more accessible. Gluten-free baking mixes often incorporate a diverse blend of gluten-free flours, catering to the complexities of taste and texture in the absence of traditional wheat flour.
This diversity not only enhances the quality of the final product but also introduces home bakers to a broader spectrum of gluten-free ingredients. Likewise, functional foods with added health benefits have emerged in the gluten-free space. Products fortified with probiotics, prebiotics, and other functional ingredients cater to consumers looking for gluten-free options that contribute to overall well-being.
The Supermarkets & Hypermarkets segment is leading the Global Gluten Free Products Market by Distribution Channel in 2022; thereby, achieving a market value of $3.97 billion by 2030. Supermarkets and hypermarkets provide a diverse range of gluten-free products, catering to the needs of consumers with various dietary requirements. These products include gluten-free bread, pasta, snacks, cereals, baking mixes, and other items. The extensive product selection allows consumers to conveniently find and purchase gluten-free alternatives for their favorite foods. Thus, these factors will help in the expansion of the segment.
The dairy/dairy alternatives segment is experiencing a CAGR of 9.1% during (2023 - 2030). Manufacturers have responded to the demand for gluten-free dairy products by developing innovative formulations. These products often use alternative flours and ingredients to ensure gluten-free status while maintaining the taste and texture of traditional dairy items. Thus, these aspects will lead to increased demand in the segment.
Full Report: https://www.kbvresearch.com/gluten-free-products-market/
The North America region dominated the Global Gluten Free Products Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.4 Billion by 2030. The Europe region is poised to grow a CAGR of 9.3% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 10.5% during (2023 - 2030).
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