Gluten-Free Bakery Premixes Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Gluten-Free Bakery Premixes Market is projected to grow at a CAGR of 7.82% during the forecast period (2020-2025).

Key Highlights

• With the rising prevalence of various disease such as celiac disease, phenylketonuria, among others, health consciousness and food safety concerns regarding allergens among end consumers has increased.
• This change in consumer perception has increased the demand for good tasting, customized, healthy gluten-free bakery products. This demand coupled with the cost-effectiveness of bakery premixes is expected to increase the scope of the market under study.
• The gluten-free bakery premixes market is expected to gain traction over the forecast period, as manufacturers in the market are trying aware to meet requirements of the consumers and find bakery premixes tend to be consistent, reliable and simple to use.

Key Market Trends

Rising Prevalence of Celiac Disease

Rising Prevalence of Celiac Disease and the consumption of gluten-free foods being its only treatment is expected to drive the Gluten-Free Bakery Premixes market over the forecast period. Though there are tests and diagnoses to confirm celiac disease in a person, it has proven to be difficult since some people may not display any symptoms and others may have developed it as a child. It affects people differently and can lead to complications in the long run, if not attended to appropriately. It can thus be seen that even people without celiac disease are increasingly avoiding gluten as a means to lead an improved and healthy lifestyle.

North America Holds the Largest Market Share

North America accounts for the largest revenue share in the gluten-free bakery premixes market owing to high awareness and purchasing power. Consumers in such developed economies tend to be familiar with diverse eating experiences and generally demand products customized with additional nutritional and health benefits. The demand for clean label and gluten-free products is expected to influence the gluten-free bakery premixes market in the region, over the forecast period.

Competitive Landscape

The gluten-free bakery premixes market is fragmented and comprises of numerous regional and international competitors. Some of the major players operating are Watson Inc., Myosyn Industries Pty Ltd, Melinda's Gluten Free Goodies, Caremoli SPA, Naturpro, DeutscheBack GmbH & Co. KG, Bakels Group, Baking Technical Advice Pty Ltd, Benexia and BioXXI, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support