Gluten-Free Products Market to Reach USD 7.91 Billion by 2026 | Reports And Data
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This property provides elastic, fluffy, chewy texture and ability to rise when baked, to the dough; however, gluten consumption can create health issues in certain people. Moreover, excess consumption of this products can lead to serious health issues like sensitivity, wheat allergy and celiac disease. According to the World Gastroenterology Organization (WGO), the celiac disease is affecting people from all the age groups including adults and elderly, while above 70% newly diagnosed patients and founded to be above 20 years of age. It is the diet which has a potential to cause intestinal damages by damaging the lining of the small intestine. For Celiac patients even a small proportion of gluten can release antibodies resulting in an attack on the intestine. Increase in disposable income and rise in awareness related to the side-effects of excess consumption is expected to drive the industry.
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With an increase in standard of living among the population, more people have started preferring healthy products and cutting down of this products. Additionally launch of new products containing no or less gluten is on the rise which is further anticipated to propel the industry. For example, in May 2019, the Conagra Brands introduced Nitro Creamer and Sweet Foam products. However, high price products, increased risk of osteoporosis and cancer coupled with lack of awareness of health damages are expected to hinder the industry growth for this items.
Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the Gluten-free products market on the basis of type, source type, distribution channel type and region:
Product Type (Revenue, USD Million; 2016–2026)
Source Type (Revenue, USD Million; 2016–2026)
Distribution Channel Type (Revenue, USD Million; 2016–2026)
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Regional Outlook (Revenue in USD Million; 2016–2026)
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