Gluten-free Food Market is Projected to Reach US$4.89 bn by 2021, Expanding at a 7.7% CAGR from 2015 to 2021

Gluten-free Food Market is Projected to Reach US$4.89 bn by 2021, Expanding at a 7.7% CAGR from 2015 to 2021

  • Submitted By: amyjames
  • Date Submitted: 08/11/2016 12:09 AM
  • Category: Business
  • Words: 1059
  • Page: 5

Transparency Market
Research

Gluten Free Food Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast, 2015 – 2021

Published Date
21-10-2015

51 Page Report

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Press Release
Gluten-free Food Products Market Driven by Rising Number of Celiac
Disease Patients, to Reach US$4.89 bn by 2021

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Gluten Free Food Market

REPORT DESCRIPTION

Gluten free food has created a new revenue stream in the food and beverage industry. Known to have the
ability to lower cholesterol levels, ease digestive issues, and less fattening, gluten free food is seeing an
increased demand amongst health conscious consumers. The gluten-free foods market has also been
receiving a significant boost from the unique marketing strategies being adopted by manufacturers who
are positioning these products as healthy and natural, thereby luring a large pool of the weight-conscious
population.
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These market drivers are expected to create an opportunity worth reach US$4.8 bn by the end of 2021
from US$2.84 bn in 2014. The market is expected to expand at a CAGR of 7.7% between 2015 and 2021.
The product innovation brought in by bakers by selling gluten free items that taste and look the same as
non-gluten free products are also augmenting the overall market. Thus, the growing demand for gluten
free bakery products is expected to make a generous contribution to the revenues of the overall gluten
free food market.
Better Awareness about Health Benefits of Gluten Free Food Keeps North America in the Lead
As of 2014, North America accounted for a 23.2% share of the overall market. This share will continue to
increase at a...

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