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Gluten Free Prepared Food Market Estimated to grow at a CAGR of 12.1% during 2016-2021

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Gluten Free Prepared Food Market Estimated to grow at a CAGR of 12.1% during 2016-2021

October 27
17:42 2017

Market Research Reports and Industry Analysis
OrbisResearch.com has published “Gluten Free Prepared Food Market By Distribution Channel By Product Type And By Region-Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016-2021)” market reports to its research database. North America accounts for more than half of the total market share in global gluten-free prepared food market

The Global Gluten Free Prepared Food Market size was around USD XX billion in 2016. It is expected to grow at a CAGR of 12.1% to reach USD XX billion by 2021.

Gluten is a type of protein present in barley, wheat, rye and their derivatives or cross-breed variety. It is also used in baked products as a binding agent to prevent crumbling. Food with gluten is the leading cause of food intolerance for consumers suffering from celiac disease, which is an autoimmune and inherited disorder. In such cases, on consumption of gluten rich food, the small intestines get damaged and is life threatening. The only solution for such consumers is to follow a strict diet of gluten free prepared food. Many others who prefer prepared gluten-free food are those who are suffering from wheat allergy and autistic disorders. Aside from medical reasons, some people eat prepared gluten free food as part of their health and fitness routine. In 2016, Mikey’s LLC, a Scottsdale-based gluten free food manufacturer launched gluten-free pizza crust.

Major companies working in this market are Ener-G Foods, Inc., Enjoy Life Foods, B&G Foods, Inc, Mrs Crimble’s, Genius Foods, Hain Celestial, Dr. Schär AG / SPA, Udi’s Healthy Foods, LLC, and General Mills Inc.

The growing concern regarding food allergies and intolerance among consumers is the factor driving the gluten-free prepared food market. Prepared food producers are investing in products which are customized to meet specific dietary requirements. These gluten-free prepared food are very easily available through wide distribution channels such as grocery stores, supermarkets and natural food store is likely to boost the growth of this market. Gluten-free food products companies are launching new products to improve the taste and nutritional value. The availability of wide range of such products is projected to drive the global market growth.

Request a sample of gluten-free prepared food market @ http://www.orbisresearch.com/contacts/request-sample/498715

But still, the price of gluten-free prepared food is the major barrier to adoption for non-users, which is estimated to inhibit the growth of global gluten-free prepared food market.

This market is broadly classified into two categories – by product type and by distribution channel. On the basis of type of products the market is further segmented into Bakery Products, Pasta, Ready to Eat Products, and Bread and Rolls. On the basis of distribution channel the market is classified into Grocery Store, Supermarkets and Hypermarkets, Health or Natural Food Store, and Drug Store.

By geography, the global market is classified into Latin America, Middle East and Africa, Asia Pacific, Europe and North America. North America accounts for more than half of the total market share in global gluten-free prepared food market. In North America, U.S. accounts for significant market share owing to growing number of consumers suffering from celiac disease and food allergies and the adoptions of gluten free food products by the consumers for health benefits. Europe is expected to record high growth rate during the forecast period. The increasing number of children and adults affected by obesity and rising awareness of healthy lifestyle is expected to drive gluten free prepared food market in the region. APAC is anticipated to hold significant share at higher growth rate during the forecast period. This is attributed to increasing disposable income, population and rapid growth of allergen friendly food market in the region. The growing awareness of allergen friendly food among consumers in Latin America and Middle East and Africa is anticipated to project moderate CAGRs in these regions during the forecast period.

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Major points from Table of Contents:

1. Introduction
2. Research Methodology
3. Overview
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
5. Market Segmentation
6. Geographical Analysis
7. Strategic Analysis
8. Market Leaders’ Analysis
9. Competitive Landscape
10. Market Outlook and Investment Opportunities

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Website: http://www.orbisresearch.com/reports/index/gluten-free-prepared-food-market-by-distribution-channel-by-product-type-and-by-region-global-industry-analysis-size-share-growth-trends-and-forecasts-2016-2021

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