The global market for gluten-free desserts & ice creams accounts for about 6% of all gluten-free foods & beverages. Other than being the largest market for gluten-free desserts & ice creams, with an estimated share of 56% in 2016, North America is also expected to be as the fastest growing, with a forecast CAGR of about 13% between 2016 and 2021.
Wheat, barley, rye and their derivatives are found to contain the protein called gluten and individuals sensitive to it exhibit mild symptoms of intolerance such as chronic diarrhea and vomiting. However, there exists a sizeable population that shows typical symptoms of intolerance that is classified as celiac disease. This is an inherited autoimmune disorder in which gluten damages the small intestine, with the only remedy for it being a strict gluten-free diet for life. For instance, prevalence of this disease in North America has been put at between three and four million, though only 5%-10% of the cases have been currently diagnosed.
The market for gluten-free foods & beverages has undergone a radical change from being considered specialty niche products to becoming mainstream products. Millions of individuals around the world have started consuming gluten-free products, not only because of being diagnosed with celiac disease but also because of a general perception of maintaining better health. A current trend towards free from products consumption has given further impetus to the gluten-free foods & beverages segment.
The market for gluten-free products is highly competitive, with innovation in products being a major strategic approach being adopted by leading players. This trend is likely to continue in the future, as the established set of players seeks to garner increased market share.
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