Revenue from the global gluten-free baking mixes market is set to reach US$ 454 million in 2022, with the market predicted to expand at a high CAGR of 7.3% to reach US$ 923.2 million by 2032.
Over the decade, worldwide demand for gluten-free baking mixes is predicted to increase more than 2X, mainly driven by the rising prevalence of celiac disease and growing worldwide demand for convenient, healthy food items. The COVID-19 pandemic raised the gluten-free baking mix demand since there was a large uptick in home baking during the lockdown. Since the start of the pandemic, Google searches for baking advice and bread recipes have increased dramatically across the globe as individuals attempted to learn new skills and engage in new hobbies to keep themselves busy.
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The readability score of the Gluten-free Baking Mixes Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Gluten-free Baking Mixes market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Gluten-free Baking Mixes along with key stakeholders as well as emerging players associated with the manufacturing of product.
To maintain their place in the fiercely competitive market, major corporations are investing in alliances, collaborations, product expansions, digital marketing, and product differentiation.
- SalDoce Fine Foods has launched its products under the YesYouCan brand on Amazon Australia and eBay.
To acquire a greater market share, many new players are emphasizing quality and innovation.
Key players in the Gluten-free Baking Mixes Market
- General Mills, Inc.
- Conagra Brands, Inc.
- Kinnikinnick Foods, Inc.
- Williams-Sonoma, Inc.
- Continental Mills, Inc.
- Partake Foods
Key Takeaways from Gluten-free Baking Mixes Market Study
- North America gluten-free baking mixes market is anticipated to generate a share of nearly 37.6% in 2022.
- Based on distribution channel, the grocery store sub-segment is expected to account for the lion’s share in 2022 in the gluten-free baking mixes market.
- Europe gluten-free baking mixes market is projected to hold a share of approximately 21.1% in 2022.
- Top 3 countries in the global gluten-free baking mixes market account for about 23.8% of share.
- The global gluten-free baking mixes market is estimated to be valued at US$ 454 Million in 2022.
Key Segments Covered in Gluten-free Baking Mixes Industry Research
- by Source :
- Brown Rice Flour
- Tapioca Flour
- by Nature :
- by End Use :
- Cakes & Pastries
- Pizza Dough
- Cookies & Biscuits
- by Distribution Channel :
- Direct Sales
- Food Service
- Food Processor
- Indirect Sales
- Departmental & Traditional Grocery Stores
- Convenience Stores
- Online Channels
- by Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
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How will be insights and market estimations provided in the Fact.MR report on the Demand of Gluten-free Baking Mixes make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Gluten-free Baking Mixes Market
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
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