Gluten-free Products Market - Global Forecast to 2023: Market is Dominated by The Kraft Heinz Company, The Hain Celestial Group, Inc, Pinnacle Foods Inc, General Mills, and Kellogg
DUBLIN, Sept. 20, 2018 /PRNewswire/ --
The "Gluten-free Products Market by Type (Bakery Products, Snacks & RTE Products, Pizzas & Pastas, Condiments & Dressings), Distribution Channel (Conventional Stores, Specialty Stores, Drugstores & Pharmacies), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The gluten-free products market is estimated to be valued at USD 4.48 billion in 2018 and is projected to reach USD 6.47 billion by 2023, at a CAGR of 7.6% during the forecast period. The market is driven by the rising awareness about the diagnosis of celiac disease and food intolerances among consumers.
The gluten-free products market, based on type, has been segmented into bakery products, snacks & RTE products, pizzas & pastas, condiments & dressings, and others. The market for bakery products is estimated to dominate in 2018, while the snacks & RTE products segment is projected to be the fastest-growing during the forecast period.
Companies have identified that gluten-intolerant consumers due to their busy lifestyles and increased snacking requirements require quality snacks & RTE products. This has encouraged manufacturers to venture into the gluten-free snacks & RTE products category.
The gluten-free products market, by distributional channel has been segmented into conventional stores, specialty stores, and drugstores & pharmacies. The conventional stores segment is estimated to dominate the market in 2018 and is projected to grow at the highest CAGR by 2023. As these stores are easily accessible, consumers find it an economical alternative.
The different types of conventional stores considered for the study include grocery stores, mass merchandisers, warehouse clubs, and online retailers.
The market in North America is driven by the high awareness and consumption of gluten-free products. In addition, the market growth is projected to increase due to the increasing number of anticipated celiac patients, which is estimated to double every 15 years (Source: The Center for Celiac Research). Banking on these factors and the requirements of consumers, leading manufacturers are focusing on developing an extensive gluten-free product portfolio in the region.
The European market is projected to grow at the highest CAGR from 2018 to 2023. Majority of the region's populace has increasingly been adopting gluten-free diets due to various health benefits associated with them. This lifestyle change has opened up several market opportunities, not only for numerous global gluten-free product brands to enter the region, but also for many local patisseries, bakeries, and confectioneries to be able to tap into this consumer space.
The relatively high costs of gluten-free products over conventional gluten-containing products and formulation challenges faced by manufacturers are the major restraints for the growth of this market.
The global market for gluten-free products is dominated by large-scale players such as The Kraft Heinz Company (US), The Hain Celestial Group, Inc. (US), Pinnacle Foods Inc. (US), General Mills, Inc. (US), and Kellogg Company (US).
Hero AG (Switzerland), Barilla GER Fratelli SPA (Italy), Pasia Plc (Finland), Dr. Schar AG/SPA (Italy), Farmo SPA (Italy), Freedom Foods Group Limited (Australia), Genius Foods (UK), Enjoy Life Foods (US), Norside Foods Ltd. (UK), and Warburtons (UK) are other players that hold a significant share of the market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Gluten-free Products Market
4.2 Gluten-free Products Market, By Key Country
4.3 Market, By Type & Region
4.4 Europe: Gluten-free Products Market, By Type & Key Country
4.5 Gluten-free Products Market, By Distribution Channel & Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Diagnosis of Celiac Disease and Other Food Allergies
5.2.1.2 Health Benefits and Adoption of Special Dietary Lifestyles
5.2.2 Restraints
5.2.2.1 Relatively High Cost of Gluten-free Products Than Conventional Gluten-Containing Products
5.2.3 Opportunities
5.2.3.1 Adoption of Microencapsulation Technology to Improve the Shelf Life of Gluten-free Products
5.2.4 Challenges
5.2.4.1 Formulation Challenges Faced By Manufacturers
5.3 Supply Chain
5.4 Regulatory Framework
5.4.1 US
5.4.2 Canada
5.4.3 European Union
5.4.4 Argentina
5.4.5 Australia & New Zealand
6 Gluten-free Products Market, By Source
6.1 Introduction
6.2 Animal Source
6.2.1 Dairy
6.2.2 Meat
6.3 Plant Source
6.3.1 Rice & Corn
6.3.2 Oilseeds & Pulses
6.3.3 Others
6.3.3.1 Sorghum & Oats
6.3.3.2 Millets
6.3.3.3 Tuber Crops
6.3.3.4 Pseudocereals
7 Brand Overview
7.1 Introduction
7.2 The Kraft Heinz Company
7.3 The Hain Celestial Group, Inc.
7.4 Pinnacle Foods Inc.
7.5 General Mills, Inc.
7.6 Kellogg Company
8 Gluten-free Products Market, By Type
8.1 Introduction
8.2 Bakery Products
8.2.1 Breads, Rolls, Buns, and Cakes
8.2.2 Cookies, Crackers, Wafers, and Biscuits
8.2.3 Baking Mixes & Flours
8.3 Snacks & RT e Products
8.4 Pizzas & Pastas
8.5 Condiments & Dressings
8.6 Others
9 Gluten-free Products Market, By Distribution Channel
9.1 Introduction
9.2 Conventional Stores
9.2.1 Grocery Stores
9.2.2 Mass Merchandisers
9.2.3 Warehouse Clubs
9.2.4 Online Retailers
9.3 Specialty Stores
9.3.1 Bakery Stores
9.3.2 Confectionery Stores
9.3.3 Gourmet Stores
9.4 Drugstores & Pharmacies
10 Gluten-free Products Market, By Region
11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.3 Market Share Analysis
11.4 New Product Launches
11.5 Mergers & Acquisitions
11.6 Partnerships & Agreements
11.7 Expansions
12 Company Profiles
12.1 The Kraft Heinz Company
12.2 The Hain Celestial Group, Inc.
12.3 Pinnacle Foods Inc.
12.4 General Mills, Inc.
12.5 Kellogg Company
12.6 Hero AG
12.7 Barilla G. E R. Fratelli S.P.A
12.8 Raisio PLC
12.9 Dr. Schr AG / SPA
12.10 Farmo S.P.A.
12.11 Freedom Foods Group Limited
12.12 Genius Foods
12.13 Enjoy Life Foods
12.14 Norside Foods Ltd.
12.15 Warburtons
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