The global gluten-free food market is prophesied to gain from the growing demand for allergen-free food. Millennials and health-conscious people are expected to raise strong demand for gluten-free food in the coming years. Need to avoid gluten-related disorders could be another powerful growth driver of the global market. Restaurants and hotels are adding innovative gluten-free foods to their menus to attract attention and expand their customer base. Launch of gluten-free bakeries and food stores is anticipated to increase interest in the global market.
In July 2019, Hotel Chinzanso Tokyo, a Japanese five star hotel, launched gluten-free food items for its international guests with special dietary needs. In June 2019, it was announced that Erin McKenna’s Bakery, a US bakery offering gluten-free, vegan, and kosher options, will open a gluten-free and vegan outlet in Santa Monica, California.
High Number of Celiac Disease and IBS Cases to Increase Need for Gluten-free Food
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Companies to Focus on Expanding Area of Operation to Gain Competitive Edge
Some of the key producers of gluten-free food are “General Mills, Inc., Kellogg’s, The Kraft Heinz Company, Hero Group AG, Glutamel, Boulder Brands, Inc., Pinnacle Foods Inc., Barilla G. e R. Fratelli S.p.A., Farmo SPA, Norside Foods Ltd., Genius Foods, Farmo SPA, Enjoy Life Foods, Norside Foods Ltd., and Warburtons.” The global gluten-free food market witnesses the presence of multinational and family-owned businesses and has a high level of competition. Companies adopting vertical integration are expected to show improvement in their product portfolios. Vendors are foretold to expand their operational area to achieve a position of strength in the global market.
In July 2019, General Mills announced its fiscal 2020 priorities at its annual Investor Day. For 2020, the company will adopt a disciplined approach to cash and debt repayment, maintain strong margins, and improve performance to accelerate organic net sales growth.
By Type
By Sales Channel
Bakery is projected to achieve a telling share of the global gluten-free food market and also grow at a faster rate during the forecast period. Increasing awareness about gluten-free foods and their benefits could strengthen the growth of this segment. Among sales channels, hypermarket/supermarket and convenience stores are prognosticated to show significant market growth because of easy availability of a broad array of gluten-free food products.
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Table of Contents
Overview of the Report: The report starts with research scope, major players studied by the authors, years considered for the research study, objectives of the study, and analysis of market share by application and market size growth rate by type.
Global Growth Trends: Here, the size of the global Bio-pharma market is studied along with sales and revenue analysis. This section also includes industry trends and analysis of the growth rate of the global Bio-pharma market by region.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of revenue, sales, and share in the global Bio-pharma market.
Company Profiles: Almost all leading companies operating in the global Bio-pharma market are profiled in this section, taking into account their recent developments, market share, and other vital factors.
Market Forecast: Apart from revenue and sales forecast of the global Bio-pharma market, this section provides forecast of all
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