According to a report published by Allied Market Research, the global gluten-free flour market generated USD6.345bn in 2022 and is anticipated to generate USD9.437bn by 2032, witnessing a CAGR of 4.0% from 2023 to 2032.
Prime Determinants of Growth
According tobaking show, the gluten-free flour market is on the rise due to several factors. Globalization and increased international trade contribute significantly to the market’s expansion. As consumers worldwide become more interconnected, the demand for gluten-free options transcends geographical boundaries. This global exchange of dietary preferences further propels the gluten-free flour market on an international scale.
The prime determinants of growth in the gluten-free flour market include the heightened awareness of gluten-related disorders, evolving dietary preferences, the influence of specialized diets, the food industry’s adaptability, and the global nature of the market. These factors collectively create a conducive environment for the continuous expansion of the gluten-free flour market, marking it as a significant and enduring trend in the food industry.
By product, the almond flour segment held the highest market share in 2022, accounting for one-fourth of the global gluten-free flour market revenue, and is estimated to maintain its leadership status throughout the forecast period. Almond flour is experiencing increased demand as consumers embrace low-carb and gluten-free lifestyles. Its rich nutrient content, moist texture, and compatibility with paleo and keto diets make almond flour a preferred choice for baking, driving its popularity in various gluten-free recipes. However, the other segment is projected to manifest the highest CAGR of 5.7% from 2023 to 2032.
The Legumes Segment to Maintain its Leadership Status Throughout the Forecast Period
By source, the legumes segment held the highest market share in 2022, accounting for more than half of the global gluten-free flour market revenue, and is estimated to maintain its leadership status throughout the forecast period. The growing demand for legume-based gluten-free flours is driven by the increasing recognition of their nutritional benefits and versatility. Derived from leguminous plants such as chickpeas, lentils, and peas, these flours offer high protein content and unique flavors. Additionally, the legumes segment is projected to manifest the highest CAGR of 4.3% from 2023 to 2032.
The Bread and Bakery Products Segment to Maintain its Leadership Status Throughout the Forecast Period
By application, the bread and bakery products segment held the highest market share in 2022, accounting for two-fifths of the global gluten-free flour market revenue, and is estimated to maintain its leadership status throughout the forecast period. The demand for gluten-free flour in bread and bakery products is surging as consumers increasingly adopt gluten-free diets. Individuals with gluten sensitivities seek flavorful alternatives in gluten-free bread, cakes, and pastries, thus driving the market demand for gluten-free flours that offer a satisfying texture and taste while accommodating dietary preferences. Additionally, the ready-to-eat products segment is projected to manifest the highest CAGR of 5.2% from 2023 to 2032.
Europe to Maintain its Dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for two-fifths of the gluten-free flour market revenue. The demand for gluten-free flour market is on the rise in Europe, driven by various factors and supported by facts and trends. Europe has a higher prevalence of gluten-related disorders, such as celiac disease, compared to other regions. In addition, the LAMEA region is also expected to witness the fastest CAGR of 5.6% from 2023 to 2032 and is projected to dominate the market during the forecast period.
Bakery China, organized by China Association of Bakery and Confectionery Industry (CABCI) and Bakery China Exhibitions Co., Ltd. was launched since 1997. Bakery China is the Asia Pacific's leading event serving the entire value chain for the bakery and confectionery market. The event presents all range of ingredient, equipment, packaging and services, and enables global leading professionals and buyer delegates to meet and share the latest innovations and thinking on manufacturing & distribution, R&D, applications and related services for bakery industry.It is the first choice trade fair to enter China's bakery market.
The 26th Bakery China will be held on May 21-24,2024 at National Exhibition and Convention Center (NECC), Shanghai, covering 320,000 sqm show space. Over 2,200 exhibitors and 400,000 visits are expected.
(source: World Bakers)