Gluten-Free Bakery Premixes Market: Global Opportunity Analysis and Industry Forecast, 2021-2028

Gluten-Free Bakery Premixes Market: Global Opportunity Analysis and Industry Forecast, 2021-2028

Gluten-free bakery premixes are a type of baking mix that is free from gluten, a protein found in wheat, barley, and rye. These premixes are used to make a variety of baked goods, including bread, cakes, cookies, and pastries. The global gluten-free bakery premixes market is expected to grow at a significant rate over the forecast period, driven by the increasing demand for gluten-free products among consumers with celiac disease, gluten intolerance, and other health conditions.

Overview

The global gluten-free bakery premixes market is expected to grow at a CAGR of 7.5% during the forecast period (2021-2028). The market is driven by the increasing prevalence of celiac disease and gluten intolerance, which has led to a rise in demand for gluten-free products. According to the National Foundation for Celiac Awareness, approximately 1 in 133 Americans have celiac disease, and an estimated 18 million Americans have gluten sensitivity. This has led to an increase in demand for gluten-free products, including bakery premixes.

The market is also driven by the growing trend of healthy eating and the increasing awareness of the health benefits of gluten-free products. Gluten-free products are perceived as healthier and are often associated with weight loss, improved digestion, and increased energy levels. This has led to an increase in demand for gluten-free bakery premixes among health-conscious consumers.

Key Players in the Gluten-Free Bakery Premixes Market: Global Opportunity Analysis and Industry Forecast, 2021-2028

The key players in the global gluten-free bakery premixes market include:

  • Bob’s Red Mill Natural Foods
  • General Mills Inc.
  • Hodgson Mill Inc.
  • King Arthur Flour Company Inc.
  • Pinnacle Foods Group LLC
  • The Hain Celestial Group Inc.
  • The Kraft Heinz Company
  • The Pillsbury Company LLC
  • The Scoular Company
  • The WhiteWave Foods Company

These companies are focusing on product innovation and development to cater to the changing consumer preferences and to gain a competitive edge in the market. For instance, in 2019, General Mills launched a new line of gluten-free baking mixes under its Betty Crocker brand, including gluten-free cake mix, brownie mix, and cookie mix.

Market Challenges

One of the major challenges faced by the gluten-free bakery premixes market is the high cost of gluten-free ingredients. Gluten-free ingredients, such as rice flour, almond flour, and coconut flour, are more expensive than wheat flour, which increases the cost of gluten-free bakery premixes. This makes it difficult for manufacturers to price their products competitively and limits the affordability of gluten-free products for consumers.

Another challenge faced by the market is the lack of standardization in gluten-free labeling. The labeling of gluten-free products is not regulated globally, which can lead to confusion among consumers and can make it difficult for manufacturers to market their products effectively.

Market Opportunities

The growing trend of online shopping is expected to create new opportunities for the gluten-free bakery premixes market. Online shopping provides consumers with a convenient and hassle-free way to purchase gluten-free products, which can help to increase the accessibility of gluten-free bakery premixes for consumers.

The increasing demand for organic and natural ingredients is also expected to create new opportunities for the market. Consumers are becoming more conscious of the ingredients used in their food and are looking for products that are free from artificial additives and preservatives. This has led to an increase in demand for organic and natural gluten-free bakery premixes.

Future of the Gluten-Free Bakery Premixes Market

The gluten-free bakery premixes market is expected to continue to grow at a significant rate over the forecast period. The increasing prevalence of celiac disease and gluten intolerance, the growing trend of healthy eating, and the increasing awareness of the health benefits of gluten-free products are expected to drive the growth of the market.

However, the market is also expected to face challenges, such as the high cost of gluten-free ingredients and the lack of standardization in gluten-free labeling. Manufacturers will need to focus on product innovation and development to cater to the changing consumer preferences and to gain a competitive edge in the market.

Conclusion

The global gluten-free bakery premixes market is expected to grow at a significant rate over the forecast period, driven by the increasing demand for gluten-free products among consumers with celiac disease, gluten intolerance, and other health conditions. The market is also driven by the growing trend of healthy eating and the increasing awareness of the health benefits of gluten-free products. However, the market is expected to face challenges, such as the high cost of gluten-free ingredients and the lack of standardization in gluten-free labeling. Manufacturers will need to focus on product innovation and development to cater to the changing consumer preferences and to gain a competitive edge in the market.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Everest Market Insights journalist was involved in the writing and production of this article.