Gluten-Free Flours Market | Share, Growth, Statistics, Competitor Landscape, Key Players Analysis, Trends and Forecasts
Research Reports
Jan 08, 2021
Market Outlook
Global Gluten-Free Flours Market is projected to touch a large mark by exhibiting 7.1% CAGR from 2020 to 2023 (forecast period). Rising consumption of gluten-free products and health-consciousness among consumers are expected to drive the market growth. Direct-to-consumer delivery combined with traditional and social media coverage of gluten-free products can bode well for the market. The move by various manufacturers for producing foods with less amount of saturated fat and clean labelling solutions can expand the growth avenues for the market.
But low awareness levels and high cost compared to its wheat counterpart can pose a challenge to the gluten-free flours market.
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Competitive Outlook
- Parrish and HEIMBECKER, Limited,
- Groupe LIMAGRAIN Holding SA,
- The Hain Celestial Group,
- Cargill, Incorporated,
- Associated British Foods plc,
- The Scoular Company,
- Archer Daniels Midland Company,
- SUNOPTA Inc.,
- General Mills Inc.,
- Enjoy Life Foods LLC
Segmentation Analysis
The global Gluten-Free Flours Market is segmented by type, category, and distribution channel.
By type, it is segmented into oats, millet, rice, sorghum, amaranth, and others. The rice segment is predicted to generate the largest revenue for the gluten-free flours market due to wide availability of rice flours and its application in pastas, noodles, and breads.
By category, it is segmented into conventional and organic. The organic segment is expected to exhibit a phenomenal CAGR during the forecast period due to preference of organic products by the public.
Regional Analysis
Europe, North America, Asia Pacific (APAC), and Rest-of-the-World (RoW) are regions covered in the gluten-free flours market report.
North America is expected to dominate the global market till the end of the forecast period due to high cases of irritable bowel syndrome (IBS) and celiac disease. The use of gluten-free flour for the preparation of baked products coupled with its health benefits can fuel the regional market growth. A large consumer base in the U.S. and Canada and design of new diets centered around gluten-free products can work favorably for the global gluten-free flours market growth.
Europe can experience a modest growth rate during the forecast period due to heavy consumption of ready-to-eat and processed foods such as pastas, noodles, and breads. Germany is touted to be one of the biggest contributors in the region.
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