LONDON, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Several consumers have realized the importance of eliminating allergic proteins from their dietary habits, compelling them to choose gluten-free products in bakery and pastas. The composition of gluten is extremely complex, often triggering allergies in people with prevailing health conditions. Therefore, people in the older stages of their life have especially shown an aversion towards gluten. Consequently, it is safe to predict that the global gluten-free market would trace a lucrative trajectory in the years to follow.
The global gluten-free bakery products market is foreseen to be worth US$ 5,830.8 Mn by 2026, growing from a value of US$ 3,330.2 Mn in 2021, with a staggering CAGR of 11.9% for the forecast period between 2021 and 2026.
For More Industry Insight, Request For PDF Sample Copy: https://www.fairfieldmarketresearch.com/report/gluten-free-bakery-products-market/request-sample
Global Gluten-Free Bakery Products Market: Key Highlights
Biscuits and cookies together account for the fastest growing product type segment, foreseen to register a CAGR of 13.2% between 2021 and 2026.
Supermarkets and hypermarkets are estimated to capture a major chunk of the market share in 2021, with a projected CAGR of 10.4% between 2021 and 2026 for this segment.
The organic segment is anticipated to create an incremental opportunity worth US$ 859.5 Mn between 2021 and 2026.
Well-Informed Consumers Show Greater Proclivity Towards Gluten-Free Products
Popularity of packaged bakery items has further strengthened the narrative around increasing production of gluten-free bakery items. This owes to the fact that a large consumer base is well-informed about reading the contents of the products on their packages. Moreover, general aversion of health-oriented consumers towards consuming gluten products has created headways for growth within the global gluten-free products market. Gluten free doughnuts, chocolate-covered brownies, and a wide range of cookies have found a place on the shelves of large departmental stores and hypermarkets. Gluten-free pastas are also witnessing a steady rise in demand. Proteins present in pasta often coagulate during cooking, affecting the texture of the cooked pasta. Since gluten further aggrandizes the coagulation process, gluten-free pasta are preferred over gluten-rich pastas.
Europe to Witness Higher Demand for Gluten-Free Bakery Products
In 2021, Europe emerged as the largest consumer of gluten-free bakery products, and the regional market is expected to grow at annual rate of 11.7% over 2021 and 2022. Owing to robust research efforts and awareness drives, the demand for gluten-free bakery products in the region is expected to ascend over the forecast period.
Do You Have Any Query Or Specific Requirement? Request Customization of Report: https://www.fairfieldmarketresearch.com/report/gluten-free-bakery-products-market/request-customization
REPORT SCOPE & SEGMENTATION:
Product Type Coverage
Sales Channel Coverage
Key Regulations, Key Developments, Market Estimates and Forecast, Market Dynamics, Porter’s Five Forces Analysis, Key Certifications, Industry Trends, Competition Landscape, COVID-19 Impact Analysis
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.