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Gluten Free Confectionary Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type, by Price Point, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2024-2032

Gluten Free Confectionary Market Size, Share, Competitive Landscape and Trend...

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Gluten Free Confectionary Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type, by Price Point, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2024-2032
Gluten Free Confectionary Market Size,...
Report Code
RO7/128/1072

Publish Date
30/Apr/2024

Pages
200
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The global gluten free confectionary market revenue was around US$ 3.4 billion in 2023 and is estimated to reach US$ 6.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period from 2024 to 2032.

Gluten free confectionary market refers to a class of desserts and sweet treats that are particularly formulated to be free from gluten. Gluten is a protein located in barley, wheat, and rye, and individuals with gluten-related disorders, like gluten sensitivity or celiac disease, are required to avoid gluten in their diet. Gluten-free confectionery products are made utilizing alternative ingredients and flours that do not include gluten.

Factors Influencing Market Growth

- The gluten free confectionary market is estimated to be propelled by the rise in the awareness of gluten-related disorders.

- The rise in the diagnosis and awareness of gluten-related disorders, like gluten sensitivity and celiac disease, is a substantial driver of the growth of the gluten-free confectionery market.

- The influence of wellness and health trends has appeared as a substantial driver in the gluten-free confectionery market.

- The cost of alternative gluten-free ingredients, specialized production procedures, and certification needs contribute to the higher pricing. This cost barricade may restrict the accessibility and affordability of gluten-free confectionery for some consumers.

- The presence of dependable labeling helps consumers easily determine and select gluten-free confectionery alternatives, thereby driving the demand for the market.

Regional Analysis

In 2023, Europe dominated the global gluten-free confectionery market in terms of revenue and is anticipated to grow at a significant growth rate during the forecast period. Europe has a higher majority of gluten-related disorders, making a larger consumer base for gluten-free products.

Also, strict food labeling rules in Europe guarantee reliable and clear labeling of gluten-free products, improving consumer trust. In addition, European consumers are more health-conscious and have a higher disposable income, causing them more willing to buy gluten-free confectionery.

Leading Companies

The leading prominent companies profiled in the global gluten free confectionary market are: -

- Bob's Red Mill Natural Foods, Inc.
- Pamelas Products
- Simple Mills, Inc.
- Unreal Brands Inc.
- Hail Merry LLC
- SmartSweets Inc.
- King Arthur Baking Company, Inc.
- MONDELEZ INTERNATIONAL, INC.
- The GFB: Gluten Free Bar
- Conagra Brands, Inc.
- Other prominent key players

Segmentation Outline

The global gluten free confectionary market segmentation focuses on Product Type, Price Point, Distribution Channel, and Region.

Segmentation based on Product Type

- Gluten-free cookies
- Gluten-free cakes
- Gluten-free chocolates
- Baking mixes
- Others

Segmentation based on Price Point

- Economy
- Mid-Range
- Luxury

Segmentation based on Distribution Channel

- Supermarket/Hypermarket
- Convenience Stores
- Pharmaceutical and Drug Stores
- Online Sales Channel
- Others

Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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