Gluten-free cereals possess several characteristics that contribute to their prominence in the gluten-free cereals market. They are free from gluten, a protein found in wheat, barley, and rye, making them suitable for individuals with gluten intolerance or celiac disease. These cereals are often made from alternative grains and ingredients like rice, corn, quinoa, and oats processed to eliminate gluten contamination. They offer nutritional benefits, including higher fiber content, vitamins, and minerals. Moreover, gluten-free cereals cater to the increasing demand for healthier and allergen-free food options, driving their popularity and market growth.
According to Data Bridge Market Research, the Gluten-Free Cereals Market was valued at USD 6.12 billion in 2021 and is expected to reach the value of USD 13.31 billion by 2029, at a CAGR of 10.20% during the forecast period of 2022 to 2029.
“Growing cases of gluten intolerance among individuals facilitate market growth”
The Gluten-Free Cereals Market is driven by the growing cases of gluten intolerance among individuals. Gluten intolerance, including celiac disease and non-celiac gluten sensitivity, has become increasingly recognized and diagnosed, leading to rising demand for gluten-free products. As more people experience adverse reactions to gluten, they seek alternative food options, including gluten-free cereals. Manufacturers are responding to this demand by offering a wide range of gluten-free cereal options that cater to individuals with gluten intolerance. This increased awareness and diagnosis of gluten intolerance act as a key driver, propelling the growth of the gluten-free cereals market.
What restraints the growth of the gluten-free cereals market?
“High cost associated with gluten-free products”
The gluten-free cereals market faces a restraint due to the high cost associated with gluten-free products. The production and processing of gluten-free cereals require specialized equipment, ingredients, and facilities, leading to higher manufacturing costs. These increased costs are then passed on to consumers, resulting in higher retail prices for gluten-free cereals compared to their gluten-containing counterparts. As a result, price-conscious consumers may be deterred from purchasing gluten-free cereals, impacting the market's growth potential. However, improving production efficiency and economies of scale can help mitigate this restraint and make gluten-free cereals more accessible to a wider consumer base.
Segmentation: Gluten-Free Cereals Market
The gluten-free cereals market is segmented on the basis of type and distribution channel.
- On the basis of type, the gluten-free cereals market is segmented into sorghum, quinoa, buckwheat, amaranth, TEFF, corn, brown rice, and others.
- On the basis of distribution channel, the gluten-free cereals market is segmented into conventional store, hotels and restaurants, educational institutes, specialty services, hospitals, and drug stores.
Regional Insights: Asia-Pacific dominates the gluten-free cereals market
Asia-Pacific is dominant in the gluten-free cereals market, driven by the growing demand for healthy diet foods and effective marketing strategies. Factors such as increasing internet penetration, a thriving e-commerce market, and favorable demographics contribute to the region's market dominance.
North America is expected to exhibit the fastest growth in the gluten-free cereals market. This growth can be attributed to a favorable regulatory framework, initiatives by the United States Food and Drug Administration (FDA) to promote gluten-free diets, subsidy allocations, and the widespread availability of gluten-free cereals in grocery stores throughout the region.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-gluten-free-cereals-market
The Prominent Key Players Operating in the Gluten-Free Cereals Market Include:
- The Kraft Heinz Company (U.S.)
- The Hain Celestial Group, Inc. (U.S.)
- General Mills, Inc. (U.S.)
- Kellogg Company (U.S.)
- Conagra Brands, Inc. (U.S.)
- Hero Group (Switzerland)
- Barilla G. e R. Fratelli S.p.A (Italy)
- Quinoa Corporation (U.S.)
- Freedom Foods Group Limited (Australia)
- Raisio plc (Finland)
- Dr. Schär AG/SPA (Italy)
- Enjoy Life Foods (U.S.)
- FARMO S.p.A. (Italy)
- London Food Corporation Limited (U.K.)
- Alara Wholefoods Ltd. (U.K.)
- Warburtons Limited (U.K.)
- Katz Gluten Free (U.S.)
- Genius Foods (U.K.)
- Chosen Foods LLC (U.S.)
- Silly Yaks (Australia)
- Mikey’s LLC (U.S.)
- Rachel Pauls Food (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of gluten-free cereals market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Gluten-Free Cereals Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.