Gluten-Free Baking Mixes Market to Multiply from US$ 454 Million in 2022 to US$ 923.2 Million by 2032
Revenue from the global gluten-free baking mixes market is set to reach US$ 454 million in 2022, with the market predicted to expand at a high CAGR of 7.3% to reach US$ 923.2 million by 2032.
Over the decade, worldwide demand for gluten-free baking
mixes is predicted to increase more than 2X, mainly driven by the
rising prevalence of celiac disease and growing worldwide demand for
convenient, healthy food items. The COVID-19 pandemic raised the gluten-free
baking mix demand since there was a large uptick in home baking during the
lockdown. Since the start of the pandemic, Google searches for baking advice
and bread recipes have increased dramatically across the globe as individuals
attempted to learn new skills and engage in new hobbies to keep themselves
busy.
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"Focusing on
Underserved Markets and Increasing Public Awareness of Gluten-Free Baking
Mixes"
Certain regions currently lack adequate access to
gluten-free baking mixes, making promotional efforts the primary driver of
short-term market expansion. Attracting the public and enhancing awareness of
the benefits of gluten-free baking ingredients can be facilitated by
introducing innovative variations of bakery products. As smaller bakeries
transition to using gluten-free baking mixes instead of traditional ones, the
gluten-free baking mix market will gradually mature.
• In 2017, Pamela's
introduced a gluten-free baking mix for almond biscuits and figgies and
jammies. These two products made a positive impact, particularly among
children, during the summer.
• In 2018, Trader Joe's introduced the Falafel Waffle Mix,
which quickly became the top-selling waffle mix. All of their products are
gluten-free.
Competitive landscape:
To maintain their place in the fiercely competitive market,
major corporations are investing in alliances, collaborations, product
expansions, digital marketing, and product differentiation.
- SalDoce
Fine Foods has launched its products under the YesYouCan brand on Amazon
Australia and eBay.
To acquire a greater market share, many new players are
emphasizing quality and innovation.
Key players in the Gluten-free Baking
Mixes Market
- General
Mills, Inc.
- Conagra
Brands, Inc.
- Kinnikinnick
Foods, Inc.
- Williams-Sonoma,
Inc.
- Continental
Mills, Inc.
- Partake
Foods
Key Takeaways from Gluten-free Baking
Mixes Market Study
- North
America gluten-free baking mixes market is anticipated to generate a share
of nearly 37.6% in 2022.
- Based
on distribution channel, the grocery store sub-segment is expected to
account for the lion’s share in 2022 in the gluten-free baking mixes
market.
- Europe
gluten-free baking mixes market is projected to hold a share of
approximately 21.1% in 2022.
- Top
3 countries in the global gluten-free baking mixes market account for
about 23.8% of share.
- The
global gluten-free baking mixes market is estimated to be valued at US$
454 Million in 2022.
Key Segments Covered in Gluten-free Baking Mixes Industry
Research
- by
Source :
- Brown
Rice Flour
- Tapioca
Flour
- by
Nature :
- Conventional
- Organic
- by
End Use :
- Breads
- Cakes
& Pastries
- Pizza
Dough
- Cookies
& Biscuits
- Muffins
- Waffles
- Pancakes
- Others
- by
Distribution Channel :
- Direct
Sales
- Food
Service
- Food
Processor
- Indirect
Sales
- Departmental
& Traditional Grocery Stores
- Convenience
Stores
- Online
Channels
- Others
- by
Region :
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia & Oceania
- MEA
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