DUBLIN, Apr 20, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Gluten-Free Food Market 2017-2021" report to their offering.
The global gluten-free food market to grow at a CAGR of 11.62% during the period 2017-2021.
Global Gluten-Free Food Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. To calculate the market size, the report considers the volume of gluten-free food products across key regions.
One trend in the market is the new product launches. Constant change is required in the global gluten-free food market, be it in terms of process or product. Some food manufacturers are also blending quinoa and amaranth into their gluten-free products, which increases nutrition and may enhance flavor. This also brings new food products to the market.
According to the report, one driver in the market is the growing awareness about health benefits of gluten-free food. A gluten-free diet is a medically acclaimed diet for patients suffering from celiac disease. Gluten-free food products are healthy to consume and good for the digestive system. Regular use of gluten-free products will have multiple health benefits like increased energy levels and reduced gas and bloating. Major improvements were observed in people with gluten sensitivity and autistic children.
Further, the report states that one challenge in the market is the high prices. Although gluten-free packaged foods are a healthy alternative for gluten intolerant and celiac disease patients, the pricing of the food is a major concern among consumers. One of the major factors for the high pricing is the high production costs. Replacing wheat with alternative gluten-free grains is an expensive process, thereby increasing the cost. Some of the gluten-free foods cost over 200% more than the normal products.
Market Dynamics
Market drivers
- Growing awareness about health benefits of gluten-free food
- Increasing prevalence of health issues such as celiac disease and other gluten allergies
- Increase in gluten-free options in restaurants
Market challenges
- High prices
- Stringent regulations
- Contamination issues leading to product recalls
Market trends
- New product launches
- Growing availability of gluten-free food
- Marketing activities by major brands to create more awareness
Key vendors
- Dr. Schär
- Freedom Foods
- General Mills
- Gruma
- Hain Celestial Group
Other prominent vendors
- Aleia's Gluten Free Foods
- Amy's Kitchen
- Blue Diamond Growers
- Bob's Red Mill Natural Foods
- Boulder Brands
- Doves Farm
- Enjoy Life Foods
- Kellogg
- Kraft Heinz Company
For more information about this report visit http://www.researchandmarkets.com/research/dtxqdr/global
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