( MENAFN - EIN Presswire) Gluten-Free Products Market Global gluten-free products market generated $4.3 billion in 2019, and is estimated to reach $7.5 billion by 2027, registering a CAGR of 7.
2% from 2020 to 2027. WILMINGTON, DELAWARE, UNITED STATES, June 11, 2024 /EINPresswire / -- The global gluten-free products consumption has been on the rise marking a positive trend on bakery and ready meals global trend, which is attributable to the rise in awareness about various health benefits associated with the consumption of gluten-free products. North America and Europe has witnessed higher concentration of gluten-free food products consumption.
Gluten-free products are generally more expensive than the regular food products containing wheat ingredients. This is attributable to the additional costs incurred on developing gluten-free food products. According to the Gluten-Intolerance Group of North America, celiac shoppers estimated that up to 30% of their entire monthly grocery bill was spent on gluten-free products.
Consumers with gluten intolerance are expected to have less preference over gluten-free food products due to high pricing of these products. Request Sample PDF Of This Report : Leading market players analyzed in the research include ConAgra food Inc., General Mills, Inc.
, Hain Celestial Group, Inc., The Kraft Heinz Company, Kellogg Company, Mondelez International Inc., Freedom Foods Group Limited, Quinoa Corporation, Koninklijke Wessanen N.
V., and Valeo Foods Group .
