Gluten-Free Pasta Market Size Expected to Reach $1,289.2 Million by 2025 Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2016-2023
Gluten-Free Pasta Market
Global Gluten-Free Pasta Market size was valued at $909.8 million in 2017, and is projected to reach $1,289.2 million by 2025, growing at a CAGR of 4.5% from 2018 to 2025. In 2017, Europe accounted for nearly 45.6% of the gluten-free pasta market share. The global pasta consumption has been on the rise, fostering the pasta global trend, which is attributable to the rise in awareness about the various health benefits associated with the consumption of pasta. North America and Europe has witnessed higher concentration of pasta consumption. According to the Department of Environment, Food and Rural Affairs (DEFRA), in 2017, the per capita consumption of pasta in France was 8.1 kg, whereas in Germany it was 7.7 kg. Italy by far has the highest number of pasta consumers recording 9kg per capita consumption. As per National Pasta Association, consumption of pasta in the U.S. accounted for 2.7 million tons in 2017. These regions comprise majority gluten-intolerant consumers, thus boosting the glutenfree pasta market growth.
Gluten-Free Pasta Market
Gluten-free products are generally more expensive than the regular food products containing wheat ingredients. This is attributable to the additional costs incurred on developing gluten-free food products. According to the Gluten-Intolerance Group of North America, celiac shoppers estimated that up to 30% of their entire monthly grocery bill was spent on gluten-free products. Consumers with gluten intolerance are expected to have less preference over gluten-free food products due to high pricing of these products. Download Sample Copy: https://www.alliedmarketresearch.com/request-sample/5248 High price range of the products available in the market is one of the key challenges incurred by the players of the market. However, this can be alleviated by providing its target customers with private labeled products at lower price range. Many retailers in the U.S. have taken advantage of the gluten-free market by providing gluten-free private label products as well as special in-store signage and locations for gluten-free packaged foods. Thus, emergence of private label players is one of the most influential gluten-free pasta market trends during the forecast period.
Gluten-Free Pasta Market
Key Benefits for Gluten-free Pasta Market: • The report provides an extensive gluten-free pasta market analysis of the current and emerging market trends and opportunities. • The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing gluten-free pasta market opportunity. • A comprehensive analysis of the factors that drive and restrict the growth of the gluten-free pasta market is provided. • An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework. • The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth. For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5248
Gluten-Free Pasta Market
Gluten-free Pasta Key Market Segments By Product Type Brown Rice Pasta Quinoa Pasta Chickpea Pasta Multigrain Pasta
Gluten-Free Pasta Market
By Distribution Channel Retail Shops Supermarket/Hypermarket E-commerce
Gluten-Free Pasta Market
By Region •North America •Europe •Asia-Pacific •Rest of Asia-Pacific
Gluten-Free Pasta Market
Major players in the gluten-free pasta industry have adopted strategies such as acquisition, partnership & agreement, merger, and geographical expansion, to expand their market share and increase profitability. Request Customization Report: https://www.alliedmarketresearch.com/request-for-customization/5248
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Gluten-Free Pasta Market
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