Global Gluten-free Bakery Market 2017-2021 report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The analysts forecast global gluten-free bakery market to grow at a CAGR of 10.39% during the period 2017-2021. Gluten is a type of protein found in grains such as wheat, rye, barley, and others.
The consumption of gluten might irritate the lining of the small intestine leading to a weaker immune system in certain people with the pre-existing auto-immune condition.
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The latest trend gaining momentum in the gluten-free bakery market is Continuous product innovations. To tap the rising demand for gluten-free bakery products, manufacturers are increasingly looking to innovate in the gluten-free bakery category.
The rising incidences of gluten intolerance and health consciousness among consumers are the key motivating factors for manufacturers to come up with newer products. As consumers are becoming keener in their diets, there is a decline in the consumption of foods containing gluten such as bread, pastries, and others.
The increasing awareness of food allergies and gluten intolerance are also influencing the decline of gluten food products
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According to the report, one of the major drivers for gluten-free bakery market is Rise in the number of people with gluten intolerances and allergies. The incidences of health conditions such as celiac disease, gluten intolerance, and food allergies are on the rise.
Factors such as environmental changes, decrease in the level of good microbes, and consumption of antibiotics are causing intolerance and allergies. These conditions are often left undiagnosed.
This has led to the lack of awareness regarding different food intolerances and allergies by consumers. The increased consumption of wheat and gluten foods tends to cause the weakening of the intestinal lining.
Further, the report states that one of the major factors hindering the growth of this market is High prices of gluten free bakery products. The global gluten-free bakery market is negatively affected by the high pricing of gluten-free bakery items.
To tap into the gluten-intolerant consumer segment, the gluten-free bakery goods manufacturers are offering different gluten-free variants at competitive prices. The steep pricing of gluten-free bakery products is due to the high production cost and the cost of high-quality raw materials such as refined flour, oat, and barley used in the making.
Hence, the prices of gluten-free bakery products are about four times that of the regular bakery products.
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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
This report, Global Gluten-free Bakery 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.
List of Exhibits
Exhibit 01: Overview of the global gluten-free bakery market
Exhibit 02: Product segments in the global gluten-free bakery market
Exhibit 03: Global gluten-free bakery market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global gluten-free bakery market by product type 2016 and 2021 (% share of revenue)
Exhibit 06: Global gluten-free bread market 2016-2021 ($ millions)
Exhibit 07: Global gluten-free biscuits and cookies market 2016-2021 ($ millions)
Exhibit 08: Global other gluten-free bakery products market 2016-2021 ($ millions)
Exhibit 09: Global gluten-free bakery market by distribution channel 2016 (% share of revenue)
Exhibit 10: Number of convenience stores in 2014 and 2015
Exhibit 11: Global internet penetration rate 2015 (%) and more..