Gluten-Free Cereals Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Spread the love

Overview and Scope

Gluten-free cereals are breakfast foods made from grains and ingredients that do not contain gluten, a protein found in wheat, barley, and rye. These cereals are suitable for individuals with celiac disease, gluten intolerance, or those who choose to avoid gluten for dietary reasons.

Sizing and Forecast

The gluten-free cereals market size has grown exponentially in recent years. It will grow from $6.56 billion in 2023 to $7.26 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to rising incidence of celiac disease, increased health and wellness concerns, increased diagnoses and awareness, increased consumption of healthy food products, and increasing awareness about gluten-related disorders.

The gluten-free cereals market size is expected to see exponential growth in the next few years. It will grow to $10.90 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forcast period can be attributed to increasing health consciousness, Increasing demand for gluten-free crackers, rising prevalence of celiac and other diseases, Increasing health and wellness concerns, and increasing demand from millennials. Major trends in the forecast period include technological advancements to reduce product prices, ingredient processing technologies, packaging technologies, innovations in ingredients, and organic and non-GMO products.

Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/gluten-free-cereals-global-market-report

Segmentation & Regional Insights

The gluten-free cereals market covered in this report is segmented –

1) By Type: Sorghum, Quinoa, Buckwheat, Amaranth, Teff, Corn, Brown Rice, Other Types
2) By Consumer : Adults, Kids
3) By Distribution Channel: Conventional Store, Hotels and Restaurants, Educational Institutes, Specialty Services, Hospitals And Drug Stores

Asia-Pacific was the largest region in the gluten-free cereals Market in 2023. The regions covered in the gluten-free cereals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16694&type=smp

Major Driver Impacting Market Growth

The increasing obese population is expected to propel the growth of the gluten-free cereal market going forward. The obese population refers to a segment of people with high body fat, identified by a BMI of 30 or higher, influenced by genetics, lifestyle, and economic conditions. The obese population is growing due to factors such as changes in diet towards more processed and high-calorie foods, sedentary lifestyles with reduced physical activity, genetic predispositions, socioeconomic influences limiting access to healthy options, and environmental factors discouraging active living. Gluten-free cereals offer a range of nutritional benefits that can support individuals, including those who are obese, achieve and maintain a healthier weight and provide nutrient-dense, lower-calorie options supporting digestive health. For instance, in January 2024, according to the National Library of Medicine, a US-based government, there were expected to be 800 million obese adults in 2020 and 1 billion by 2030. Therefore, the increasing obese population drives the gluten-free cereal market.

Key Industry Players

Major companies operating in the gluten-free cereals market are Conagra Brands Inc., The Hershey Company, Barilla G. e R. Fratelli S.p.A, Hero Group, Hain Celestial Group, Warburtons Limited, Dr. Schär AG/S.p.A, Erewhon, Bob’s Red Mill, Freedom Foods LLC, The Kraft Heinz Company, Kellogg Canada Inc, Enjoy Life Foods, Nestlé S.A., Genius Foods, General Mills, FARMO SpA, London Foods Ltd., Alara Wholefoods, Katz Gluten Free, Silly Yaks Foods Pty Ltd., Rachel Pauls Food, Campbell Soup Company

The gluten-free cereals market report table of contents includes:

1. Executive Summary
2. Gluten-Free Cereals Market Characteristics
3. Gluten-Free Cereals Market Trends And Strategies
4. Gluten-Free Cereals Market – Macro Economic Scenario
5. Global Gluten-Free Cereals Market Size and Growth
.
.
.
32. Global Gluten-Free Cereals Market Competitive Benchmarking
33. Global Gluten-Free Cereals Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Gluten-Free Cereals Market
35. Gluten-Free Cereals Market Future Outlook and Potential Analysis
36. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: [email protected]

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model


Spread the love

About Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [[email protected]}

View all posts by Top PR News →