Market Size of Global Gluten Free Prepared Foods Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Gluten Free Prepared Foods Market Analysis
The gluten-free prepared food market is projected to record a CAGR of 5.8% during the forecast period, 2020-2025.
- The market is primarily driven by the rising awareness about celiac disease and the adoption of special dietary lifestyles. This has resulted in a shift in consumer preference from conventional products towards gluten-free processed foods, such as bakery goods, confectionery products, and dairy products. Moreover, the rising demand for gluten-free foods among the non-celiac consumers is further boosting the market growth. In addition, the easy availability of products in almost all grocery stores is expected to have a significant impact on market growth.
- However, the relatively high cost of gluten-free products than conventional gluten-containing products is due to the added production costs from the manufacturer end, along with the requirement of additional ingredients, such as xanthan gum, guar gum, chicory, inulin, and others, or, an extra preparation step, that is needed to produce an equivalent product, adds to the cost of production of gluten-free products. This results in the high cost of gluten-free products for consumers, which is hindering the growth of the market.
