As per the Global Market Insights, Inc. report, “Worldwide gluten free food market was valued at USD 8.90 billion in 2020 and will surpass a revenue collection of USD 17.05 billion by 2032 with an annual growth rate of 9.5% over 2021–2027.”
A gluten-free diet reduces inflammation and autoimmune troubles, elevates energy levels, and promotes healthy hair and skin in people with celiac disease. The rising prevalence of celiac diseases, wheat allergy, and gluten sensitivity has impelled consumers worldwide to make bio-individual health choices, which has fueled industry adoption over the past few years.
The gluten-free food market has been segmented based on distribution channel, product, and region. Concerning products, the market has been bifurcated into savouries, bakery products, pizza and pasta, baby food, cereals & snacks, ready meals, and others.
The cereals and snacks sub-segment is speculated to expand at a CAGR of around 10% through the review period to reach a significant valuation by the end of 2027. A prevalent healthy snacking trend worldwide is estimated to bolster product uptake in the coming time period.
In 2020, the savouries sub-segment was worth over USD 515 million and is set to observe steady progress over the analysis timeline. The other sub-segment is projected to expand rapidly to a valuation of about USD 330 million by the end of 2027.
The gluten-free food market has been categorised into hospitals, drug stores, conventional stores, speciality services, hotels and restaurants, E-retailers, and educational institutes. The educational institutes sub-segment is expected to register notable growth at a CAGR of approximately 7% through the assessment period, owing to the rising adoption of gluten-free food in daycares and boarding schools for students suffering from gluten intolerance.
The speciality services sub-segment is anticipated to be valued at more than USD 715 million by the end of 2027. The hospitals & drug stores sub-segment is slated to garner a substantial revenue of about USD 1,070 million by the end of the forecast timeframe due to the surging need to provide proper diets to patients.
The Latin American gluten-free food market is poised to progress at approximately 8.5% CAGR over the study period because of escalating product penetration in the LATAM region.
Meanwhile, the Middle East and Africa gluten-free food market held a valuation of nearly USD 405 million in 2020 and is expected to exhibit a solid growth trajectory through 2027. Increasing consumer awareness regarding gluten-free alternatives and growing health concerns will likely drive regional market development over the forthcoming period.