gluten free products market by reports and data
DESCRIPTION
The study segments Gluten Free Products industry in light of major classification such as product type, potential markets, application, and end-user.TRANSCRIPT
www.reportsanddata.com
Gluten-Free Products Market To Reach USD 7.91 Billion By 2026
Increase in product launches and R&D activities in the FMCG industry, Innovative advertisement techniques adopted by the manufacturers and raising awareness among the population pertaining to health issues associated with gluten consumption are some of the key factors driving the growth of the industry.
Market Size – USD 4.35 Billion in 2018, Market Growth - CAGR of 7.7%, Market Trends – Increasing adoption of gluten-free diet.
According to the current analysis of Reports and Data, the global Gluten-free products market was valued at USD 4.35 Billion in 2018 and is expected to reach USD 7.91 Billion by year 2026, at a CAGR of 7.7%. Gluten is a protein, naturally occurring in food-grains like wheat, barley, rye and spelt. Gluten is composed of two main proteins called glutenin and gliadin, out of which gliadin is responsible majorly for most of the health related issues. When it is mixed with water, the mixture results in glue like dough formation, it gives a soft and fluffy and yet elastic texture to the dough, in fact the name gluten is derived from glue like property possessed by this protein. This property provides elastic, fluffy, chewy texture and ability to rise when baked, to the dough; however, gluten consumption can create health issues in certain people.
Market Summary
Our Approach Market Summary
Moreover, excess consumption of this products can lead to serious health issues like sensitivity, wheat allergy and celiac disease. According to the World Gastroenterology Organization (WGO), the celiac disease is affecting people from all the age groups including adults and elderly, while above 70% newly diagnosed patients and founded to be above 20 years of age. It is the diet which has a potential to cause intestinal damages by damaging the lining of the small intestine. For Celiac patients even a small proportion of gluten can release antibodies resulting in an attack on the intestine. Increase in disposable income and rise in awareness related to the side-effects of excess consumption is expected to drive the industry.
With an increase in standard of living among the population, more people have started preferring healthy products and cutting down of this products. Additionally launch of new products containing no or less gluten is on the rise which is further anticipated to propel the industry. For example, in May 2019, the Conagra Brands introduced Nitro Creamer and Sweet Foam products.
Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2069
Our Approach Market SummaryKey participants include 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), Genius Foods (UK), and Warburtons (UK).
For the purpose of this report, Reports and Data has segmented the Gluten-free products market on the basis of type, source type, distribution channel type and region:Product Type (Revenue, USD Million; 2016–2026)• Bakery Products• Pizzas & Pasta• Desserts & Savories• Dairy Products• Meat & Meat alternatives Corticosteroids• OthersSource Type (Revenue, USD Million; 2016–2026)• Oil-seeds & Pulses• Rice & Corn• Dairy & Meat Products• Lentils, Legumes and Beans• Others
Our Approach Market Summary
Distribution Channel Type (Revenue, USD Million; 2016–2026)• Conventional Stores• Hotels & Restaurants• Hospitals & Drugstores• OthersRegional Outlook (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)• North America• Europe• Asia Pacific• Middle East & Africa• Latin America
Order Now: https://www.reportsanddata.com/checkout-form/2069
Our Approach About Us
About Us
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:John WatsonHead of Business DevelopmentReports And Data | Web: www.reportsanddata.comDirect Line: +1-212-710-1370E-mail: [email protected]