Explore the Report Ocean publication titled ‘Gluten-Free Products Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032’
Global Gluten-Free Products Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2024-2032. Gluten-Free Products improve the health of patients suffering from celiac disease, a condition that causes inflammation in the small intestine.
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This product helps in improving the digestive system, and cholesterol levels and boosts energy levels. The Gluten-Free Products market is expanding because of factors such as rising awareness toward health and beauty-conscious products and growing incidences of celiac diseases & gluten intolerance in the forecast period
According to the Ministry of Economic and Industry in 2020, the Indian beauty and personal care industry is projected to be worth USD 8 billion. Also, India’s per capita spending on personal care and beauty products is growing. According to Statista in 2022, the revenue in the beauty and cosmetic segment is rising rapidly. In 2022, the revenue generation is expected to attain USD 18,0003 million whereas it is projected to grow by 4.99 % annually. With, the rising health and beauty consciousness spending on beauty and healthcare products is rising which enhances the market growth in the forecast period. Whereas private labeling of gluten-free products and rising investment by small and mid-sized food products create lucrative opportunities for the market. However, formulation challenges associated with removing proteins hamper the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Gluten-Free Products Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue generation, owing to the increasing demand and adoption of gluten-free products, easy availability, and growing awareness of celiac diseases. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as a rise in health and wellness tourism, rising health consciousness, and awareness of beauty products in the forecast period.
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In November 2021, a supermarket chain Hy-Vee, Inc. introduced Good Graces. It is a new private brand featuring a wide range of gluten-free products. It includes 30 gluten-free products with an additional 60 items in progress.
In July 2019, Feel Good Foods, launched gluten-free square pan pizza. It is available in, and Four Cheese, Margherita, Truffle Mushroom each including a baking tray.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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Business Overview: In-depth exploration of the company’s operations and business divisions.
Corporate Strategy: Concise summary of the company’s strategic approach to business.
SWOT Analysis: Comprehensive examination of the company’s strengths, weaknesses, opportunities, and threats.
Company History: Chronological account of significant events shaping the company’s trajectory.
Key Products and Services: Catalog of prominent products, services, and brand offerings by the company.
Competitive Landscape: Identification of major competitors in the industry.
Strategic Locations and Subsidiaries: Inventory and contact details of pivotal locations and subsidiaries.
Financial Performance Analysis: Comprehensive financial ratios from the company’s annual financial statements, spanning the last five years.
– Accelerate your decision-making process with rapid and time-critical insights.
– Uncover pivotal growth and investment prospects within the Gluten-Free Products market.
– Make informed decisions supported by robust historical and forecast data for the Gluten-Free Products market.
– Strategically position yourself to harness the industry’s maximum growth potential.
– Pinpoint crucial partners and avenues for business development.
– Gain a comprehensive understanding of your competitors’ business landscape, strategies, and future prospects.
➟ What primarily fuels the expansion of the Gluten-Free Products market?
➟ What factors impede the market’s progress?
➟ Who stands out as the pivotal players in the market?
➟ Which geographical area commands the largest market share?
➟ What recent developments characterize the trends in the Gluten-Free Products market?
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