Gluten-Free Flours Market is anticipated to expand quickly, at a CAGR of 8.04%, and reach USD 4111.07 Million By 2030
Research Reports
Dec 27, 2022
Gluten-Free Flours Market Insights:
Customers are choosing gluten-free products due to the rising frequency of gluten-related disorders such celiac disease and irritable bowel syndrome (IBS). The number of customers who are health-conscious are adopting gluten-free lifestyles and eating gluten-free items in considerable numbers. The gluten-free flours market is expanding due to a number of additional factors, such as consumer-directed marketing by retailers and producers as well as coverage in traditional and social media. Additionally, consumer preferences have changed as a result of reports about the clinical advantages of avoiding gluten in the mainstream media and medical literature, which has encouraged consumers to choose gluten-free flours.
The global market for gluten-free flours has been divided into categories based on type, including sorghum, amaranth, rice, oats, millet, and others. In the global market for gluten-free flours, it is predicted that the rice segment will grow to have the greatest revenue share and hold the lead during the forecast period. Rice flour is widely accessible and utilised in a variety of foods, including breads, pastas, and noodles. Rice flours are rich in fibre, which aids in the body’s elimination of waste and lowers cholesterol levels. Additionally, the market is anticipated to grow during the anticipated period due to factors like the availability and high desire for rice flours in North America.
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Regional Analysis:
The global market for gluten-free flours has been divided into four regions: North America, Europe, Asia-Pacific, and the Rest of the World.
A growing number of people in the region are adopting gluten-free diets, which will cause North America to dominate the global market for gluten-free flours. Major markets for gluten-free goods include the US and Canada. Consuming a gluten-free diet can improve digestive health and boost energy levels. Thus, in a variety of food products, gluten-free flours are utilised in place of wheat flour. Additionally, the market for gluten-free flours is anticipated to grow due to the rising prevalence of celiac disease and gluten intolerance, particularly in the US.
The market for gluten-free flours in Asia-Pacific and the Rest of the World is anticipated to expand quickly as a result of the regions’ rising production and use of such flours. Due to rising consumer awareness of the health advantages of gluten-free flours and the rising adoption of healthy, gluten-free diets by the population, Europe is also anticipated to project a sizable market share.
Market Segmentation:
Markets for organic and conventional gluten-free flours have been established in different regions of the world. Because conventional gluten-free flours are so widely available, the conventional sector is anticipated to account for a significant portion of the global market for gluten-free flours. Due to consumers’ increasing preference for organic products, the organic segment is expected to have a higher CAGR during the projection period.
By distribution channel, the market for gluten-free flours has been divided into store-based and non-store-based segments. Supermarkets and hypermarkets, convenience stores, and other stores make up the further division of the store-based section. Due to the robust and extensive network of stores, the store-based segment is anticipated to generate higher income, with the supermarkets and hypermarkets sub-segment being the largest. Due to e-commerce industry technological advancements and rising consumer preference for online retailing, the non-store-based segment is anticipated to record the higher CAGR during the assessment period.
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Key Players:
Some of the key players in the global gluten-free flours market are Sunopta Inc. (Canada), Cargill, Incorporated (US), The Scoular Company (US), Enjoy Life Foods LLC (US), Parrish and Heimbecker, Limited (US), Archer Daniels Midland Company (US), The Hain Celestial Group (US), General Mills Inc. (US), Associated British Foods plc (UK), Groupe Limagrain Holding SA (France).
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