Gluten-free Bakery Products Market is estimated to grow at Single digit CAGR
The rapid growth of the food industry is mainly due to consumers demand for new products having health and dietary benefits. The gluten is a substance present in cereal grains such as barley, wheat, oats and others and is responsible for the elastic texture of the dough.
The company’s improvement in marketing activities and their expansion of the distribution network is projected to boost the growth of the Gluten-Free bakery products market in the near future. The global Gluten-Free bakery product market is estimated to grow with a high-end single-digit CAGR over the forecast period, 2018-2028.
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Economic Growth in APEJ Region Expected To Boost the Gluten-free Bakery Products Market
The global Gluten-free bakery products market is segmented into Latin America, Western Europe, North America, Asia and Pacific excluding Japan (APEJ), Eastern Europe, Japan, and the Middle East and Africa (MEA). The regional segments also include emerging countries such as China, India, and Australia in the Gluten-Free bakery products market.
Sales and demand for the Gluten-Free bakery products in North America are expected to hold a considerable share in the global Gluten-Free bakery products market. The North America Gluten-Free bakery products market is growing due to the substantial growth in the bakery industry.
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Important doubts related to the Gluten-free Bakery Products Market clarified in the report:
- Which regional market is expected to witness the highest growth during the forecast period?
- How has the surging prices of raw materials during the COVID-19 pandemic impacted the growth of the keyword market?
- Why are market players focusing on R&D and innovations?
- Are market players expanding their global presence? If yes, how?
Report regional analysis includes:
- North America
- Europe
- MEA
- East Asia (Japan, China, South Korea)
- South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
- Oceania (Australia, New Zealand)
- Latin America
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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Manufacturer’s marketing strategy is likely to contribute to the growth of the Gluten-Free bakery products market
Some of the key players in the Gluten-Free bakery products market are Boulder Brands USA Inc., Dr. Schär AG / SPA, Kara Foodservice, MyBread Gluten-Free Bakery, Sweet Christine’s Bakery, Ultrapharm Limited,
Genius Bakery, United Biscuits, New Grains Gluten-Free Bakery, Weston Bakeries Limited, WGF Bakery Products, George Weston Foods Limited, and others. The manufacturers are investing for the development of the distribution network to reach the emerging Gluten-Free bakery products market.
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Competitive landscape
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