Gluten-free flours Market Share: Growth by Type, Application, Key Player, Region, Forecast
Market Highlights
The increasing prevalence of gluten related
diseases such as celiac disease and irritable bowel syndrome (IBS) have led to
consumers opting for gluten-free products. There is significant increase in
adoption of gluten-free lifestyle and the consumption of gluten-free foods by
health-conscious consumers. Additionally, there are multiple other factors driving
the growth of gluten-free flours in the market, including social and
traditional media coverage and consumer-directed marketing by retail outlets
and manufacturers. Also, the reports in the medical literature and mainstream
press of the clinical benefits of gluten avoidance has also impacted the
consumer preferences and led to consumer opting for gluten-free flours.
Based on type, the global gluten-free
flours industry has been segmented into sorghum, amaranth, rice, oats, millet,
and others. The rice segment is anticipated to gain the largest revenue share
in the global gluten-free flours market share and shall maintain lead
throughout the forecast period. Rice flours are widely available and is being
used in various food items such as noodles, pastas, and breads. Rice
flours are high in fiber and helps to eliminate waste and helps lowering the
cholesterol levels in the body. Additionally, the factors such as availability
and high preference for rice flours in North America is expected to boost the market
during the forecasted period. The same segment is expected to grow with the
highest growth rate owing to the factor that rice flour is nutritious and is
extensively used as a major ingredient in substitute to wheat flours.
Additionally, rice is the staple food for most of the population around the
globe.
The global gluten-free flours industry has
been segregated, by category, into organic and conventional. The conventional
segment is expected to garner major share in the global gluten-free flours market
owing to the huge availability of conventional gluten-free flours. However, the
organic segment is anticipated to project a higher CAGR during the forecast
period due to the rising inclination of consumers towards organic products.
The global gluten-free flours market size has
been segregated, by distribution channel, into store-based and non-store based.
The store-based segment has been further segregated into supermarkets and
hypermarkets, convenience store, and others. The store-based segment is expected
to generate higher revenue, with the supermarkets and hypermarkets sub-segment
being the largest due to the strong and widespread network of stores. The
non-store-based segment is expected to register the higher CAGR during the
assessment period owing to technological advancements in the e-commerce
industry and growing consumer preference for online retailing.
Key Players
Some of the key players in the global
gluten-free flours market are Sunopta Inc. (Canada), Cargill, Incorporated
(US), The Scoular Company (US), Enjoy Life Foods LLC (US), Parrish and
Heimbecker, Limited (US), Archer Daniels Midland Company (US), The Hain
Celestial Group (US), General Mills Inc. (US), Associated British Foods plc
(UK), Groupe Limagrain Holding SA (France).
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Regional Analysis
The global gluten-free flours market has
been segmented on the basis of region, into North America, Europe,
Asia-Pacific, Rest of the World.
North America is expected to dominate the
global gluten-free flours market owing to increasing adoption of gluten-free
diets in the region. Countries such as the US and Canada are major consumers of
gluten-free products, gluten-free diets help in improving digestive health and
increase the energy levels in the body. Thus, gluten-free flours are used as
substitute of wheat flours in various food items. Also, the increasing prevalence
of gluten intolerance and celiac disease, especially in the US is expected to
drive the growth of gluten-free flours market.
Asia-Pacific & RoW gluten-free
flours market share is expected to grow at a rapid pace due to the surging
production and consumption of gluten-free flours in the regions. Moreover,
Europe is also expected to project a significant market share owing to the
increasing awareness regarding the health benefits of gluten-free flours and
due to the increasing adoption of healthy, gluten-free diets by the rising
health-conscious population.
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