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Report ID: UCMIG35A2227
Report ID:
UCMIG35A2227 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market size for gluten-free bakery products was USD 1.64 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 10.8% from 2022 to 2030. The market is primarily driven by the increasing demand for healthy and nutritious food products due to growing health concerns worldwide. Additionally, the rising need for healthy food items to prevent various health problems like obesity, diabetes, heart disease, metabolic syndrome, and Chronic Pulmonary Disease (COPD) is propelling industry growth. Moreover, the continuous introduction of new bakery products by manufacturers is a significant contributing factor towards the market's expansion.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35A2227