Market Size & Overview

The global Gluten Free Food Market Industry was valued at approximately USD 7.1 billion in 2023 and is projected to reach nearly USD 12.47 billion by 2030, growing at a CAGR of 8.38% from 2024 to 2030. This growth is driven by increasing awareness of celiac disease and gluten intolerance, as well as a rising consumer preference for healthier dietary options. Gluten-free foods encompass a variety of products, including bakery items, snacks, and beverages, formulated to exclude gluten—a protein found in wheat, barley, and rye.

Request Sample Link for More Details: https://www.maximizemarketresearch.com/request-sample/145990/ 

2. Market Growth & Opportunities

The gluten-free food market is experiencing significant growth due to several factors:

  • Health Awareness: A growing number of individuals are being diagnosed with celiac disease and gluten sensitivities, leading to increased demand for gluten-free products.
  • Dietary Trends: Even among consumers without gluten-related disorders, there's a trend towards gluten-free diets, perceived as healthier and beneficial for digestion.
  • Product Innovation: Manufacturers are continually developing new and improved gluten-free products, enhancing taste and nutritional value to attract a broader consumer base.
  • Retail Expansion: The availability of gluten-free products has expanded beyond specialty health stores into mainstream supermarkets and online platforms, making them more accessible to consumers.

Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/gluten-free-food-market/145990/ 

3. Regional Analysis

  • North America: This region holds a significant share of the gluten-free food market, driven by high awareness and diagnosis rates of celiac disease. The United States, in particular, has a substantial demand for gluten-free products, with consumers associating them with digestive health benefits.
  • Europe: The European market is witnessing growth due to increasing health consciousness and the rising prevalence of gluten-related disorders. Countries like Germany and France are notable contributors to the market expansion.
  • Asia-Pacific (APAC): Rapid urbanization, changing dietary habits, and increased disposable incomes in countries such as China and India are contributing to the growth of the gluten-free food market in this region.

4. Mergers and Acquisitions

The gluten-free food industry has seen strategic mergers and acquisitions aimed at expanding product portfolios and market reach:

  • Arnott's Investment: Arnott's has reinforced its commitment to the gluten-free biscuit market by upgrading its Adelaide manufacturing hub with a multimillion-dollar investment. Since launching its gluten-free range in 2021, the company has seen sales increase to $35.6 million, now contributing to 3% of its total biscuit sales, with goals to reach 10%.
  • Ceres Group's Acquisition: Ceres Group, backed by Mayfair Equity Partners, is set to acquire Azeda, the owner of Pat the Baker and Irish Pride. This merger will integrate these brands into an international consortium that includes Gallaghers Bakehouse and Promise Gluten Free, aiming to enhance production capacity and market presence.
  • Promise Gluten Free's Expansion: Promise Gluten Free, under Ceres, is preparing a bid for Pat the Baker and Irish Pride. This strategic move is expected to consolidate market share and challenge existing competitors, reflecting the dynamic nature of the gluten-free food market.

These developments indicate a robust and competitive landscape, with companies actively seeking to capitalize on the growing demand for gluten-free products through strategic investments and acquisitions.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 [email protected]
🌐 www.maximizemarketresearch.com