USD 1.65 Billion
Report ID:
SQMIR30I2399 |
Region:
Regional |
Published Date: February, 2024
Pages:
157
|Tables:
96
|Figures:
79
North America Gluten Free Bakery Mixes Market size was valued at USD 1.65 Billion in 2022 and is poised to grow from USD 1.77 Billion in 2023 to USD 3.12 Billion by 2031, at a CAGR of 7.3% during the forecast period (2024-2031).
In recent years, the north america gluten free bakery mixes market has been changing consumer preferences for healthier snacking options. The market has shown resilience, with steady growth, due to the perception of gluten-free bakery products as a convenient and relatively healthy choice. Growing health consciousness among consumers has led to a rising demand for gluten-free products. Many people are opting for gluten-free diets due to celiac disease, gluten sensitivity, or the perception that it is a healthier lifestyle choice.
Additionally, companies operating in the fruit snacks sector are investing in product innovation. They are introducing organic, non-GMO, and clean-label bakery products to meet the demands of health-conscious consumers. People with celiac disease need to strictly avoid gluten-containing foods, which has driven the market for gluten-free bakery mixes.
Global Market Size
USD 1.65 Billion
Largest Segment
Hypermarkets/Supermarkets, Specialty Stores
Fastest Growth
Online Sales Channels
Growth Rate
7.3% CAGR
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The North America gluten free bakery mixes market is segmented into four major segments i.e. by product type, end-user, distribution channels, and region. Based on type, it is divided into bread mixes, cake mixes, muffin mixes, cookie mixes, pancake and waffle mixes, and other innovative formats. Based on end-users, it is bifurcated as Individuals with celiac disease, gluten-sensitive consumers, health-conscious consumers, and others. Based on the distribution channel it is segregated into supermarkets, convenience stores, e-commerce platforms, specialty stores, health food outlets, and vending machines, Others. Based on region, the market is segmented into the United States, Canada, and Mexico.
Analysis by Type
Bread mixes have typically held a substantial market share due to the nature of bread in people's diets and the fact that gluten-free bread is a staple for individuals with celiac disease and gluten sensitivity. Moreover, bread is a versatile and essential item, and the demand for gluten-free bread options has consistently remained high.
Muffin mixes have gained popularity as they offer a delightful and versatile baked product that can serve various occasions, from breakfast to snacks. With increasing consumer interest in gluten-free options and more innovative flavors and recipes in the gluten-free muffin mix segment, it is likely to experience rapid growth.
Analysis by Distribution Channel
Hypermarkets, commonly known as supermarkets, have long dominated the North America gluten free bakery mixes market due to their extensive reach and consumer convenience. They cater to a wide customer base by providing a variety of product types. However, as more customers look for e-commerce according to convenience, their supremacy is under threat.
The E-commerce market’s fastest-growing segment right now is the digital sales channel. The ease of use and accessibility it provides to consumers are the main factors behind its speedy expansion. Customers can easily browse, compare, and buy a large selection of bakery products on online marketplaces. The online sales channel has been a popular option for many people looking for gluten-free bakery products because of the consumer empowerment brought about by the opportunity to read reviews and access comprehensive product information online.
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The United States has historically dominated the North America gluten free bakery mixes market due to its larger population compared to other North American countries, providing a larger consumer base for gluten-free products. The region's awareness of celiac disease and gluten sensitivity is relatively high in the United States, leading to a greater demand for gluten-free products. The region also has a well-established retail infrastructure, with widespread availability of gluten-free bakery mixes in supermarkets, health food stores, and online platforms, making these products accessible to a broad range of consumers.
Canada, like their U.S. counterparts, are increasingly health-conscious, seeking nutritious and convenient eating options. Gluten Free Bakery Mixes with this trend. The region has increase in health-conscious consumers and those with gluten sensitivities, leading to a growing demand for gluten-free bakery products
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Drivers
Increasing Consumer Awareness on Health and Wellness
Restraints
High Consumer Spending Constraints
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The competitive environment of the North America gluten free bakery mixes market is dynamic and characterized by the mix of established players and newer entrants. Innovation is a key competitive factor. Well-established brands often hold an advantage in terms of consumer trust and recognition. Brands that have built a reputation for quality and reliability tend to maintain a loyal customer base.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
North America gluten free bakery mixes market analysis reveals a dynamic marketplace with a number of standout trends and difficulties. The increasing health-consciousness, a surge in celiac disease and gluten sensitivity diagnosis, and expanding product innovation. However, challenges include the high production costs, taste and texture discrepancies, and limited shelf life. Additionally, Bread mixes are the dominant product type, while muffin mixes are the fastest-growing due to their convenience and appeal. The United States leads the regional market due to its large consumer base and advanced distribution networks. Key market trends encompass clean label products, the rise of plant-based and vegan options, and a growing shift toward online retail to meet the evolving demands of health.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.65 Billion |
Market size value in 2031 | USD 3.12 Billion |
Growth Rate | 7.3% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the North America Gluten Free Bakery Mixes Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the North America Gluten Free Bakery Mixes Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the North America Gluten Free Bakery Mixes Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the North America Gluten Free Bakery Mixes Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIR30I2399
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