As per the latest report by IMARC Group, titled “Gluten-Free Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global gluten-free products market size reached US$ 4.5 Billion in 2018. Gluten is a protein found in wheat, rye and barley that contains significant amounts of fats and salt. Products made from this protein have adverse health effects, especially for people having gluten intolerance. The consumption of gluten products affects the small intestine of these individuals, thereby causing diarrhea, abdominal pain, bloating, forgetfulness and irritation. Owing to increasing inclination towards maintaining a healthy lifestyle among individuals, manufacturers are focusing on introducing gluten-free (GF) products around the world.
Global Gluten-Free Products Market Trends:
Gluten-free products have proven to be beneficial for people fighting with chronic gastrointestinal disorders, such as irritable bowel syndrome (IBS) and various gluten-related diseases, including gluten ataxia and celiac disease. Furthermore, owing to growing health-consciousness, there has been a rise in the consumption of gluten-free foods and the adoption of a gluten-free lifestyle across the globe. Manufacturers are investing significantly in developing gluten-free ready-to-eat (RTE) meals to cater to the diversified tastes of the increasing working population. The rising demand for weight management programs is also catalyzing market growth as gluten-free food products form an integral part of the diet charts of such programs. Moreover, increasing research and development (R&D) activities to improve the texture and nutritional value of gluten-free products by adding bovine plasma proteins are expected to drive the market further. Looking forward, the market value is projected to reach US$ 6.7 Billion by 2024, registering a CAGR of 6.7% during 2019-2024.
Market Summary:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
Tel no: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )
Drop us an email at
sales@imarcgroup.com