Market Size of Gluten-Free Bakery Premixes Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.80 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Gluten Free Bakery Premixes Market Analysis
The Gluten-Free Bakery Premixes Market is projected to grow at a CAGR of 7.82% during the forecast period (2020-2025).
- With the rising prevalence of various disease such as celiac disease, phenylketonuria, among others, health consciousness and food safety concerns regarding allergens among end consumers has increased.
- This change in consumer perception has increased the demand for good tasting, customized, healthy gluten-free bakery products. This demand coupled with the cost-effectiveness of bakery premixes is expected to increase the scope of the market under study.
- The gluten-free bakery premixes market is expected to gain traction over the forecast period, as manufacturers in the market are trying aware to meet requirements of the consumers and find bakery premixes tend to be consistent, reliable and simple to use.