The global Gluten-Free Pizza Crust Market size is anticipated to reach USD 3.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% over the forecast period. Increase in the impact of western culture and rise in disposable income are some of the factors for the growth of the market. Rise in the number of pizza outlets may lead to the market growth in the upcoming years.
Growing
awareness related to health among people and increase in the prevalence of
celiac diseases are expected to be the major factors driving the market for
gluten-free pizza crust. It was surveyed that 1 in 20 Americans are diagnosed
with gluten sensitivity, which may cause severe health problems. It is
essential to make changes in the diets and food habits in order to decrease the
occurrence of celiac disease. Thus, the bakery industry manufacturers have been
developing different gluten-free pizza crust products. Pizza consumption is
maximum in regions like North America and Europe.
North
America held the largest share and generated a revenue of USD 692.7 million in
2018. The growth of market is attributed to rising awareness among consumers
related to the benefits of having no gluten in the pizza crust products. Many
innovative and new flavor products are launched, which may lead to the market
growth.
For
instance, in 2018,Schwan's Consumer Brands, Inc. launched two new and
innovative flavors of Freschetta Gluten Free Pizza during an awareness
program related to celiac diseases. Tuscan style chicken and spinach and
roasted mushroom ae the tow new flavors that make people not to change their
taste due to different health conditions. This Freschetta Gluten-free
Crust has been certified by the National Celiac Association for providing
unique flavors, while considering health of people.
Asia
Pacific is the fastest growing region, expanding at a CAGR of 7.1% during the
forecast period. India has over half of the population that is beneath the age
of 30 and is known to have the most significant young generation, thereafter
China, Indonesia, and U.S. Young population may be the reason for the growth of
the market during the forecast period.
Browse
Details of Report @ https://www.grandviewresearch.com/industry-analysis/gluten-free-pizza-crust-market
Further key findings from the report suggest:
- By product,
the conventional segment held more than 65.0% share of overall revenue in
2018. The organic segment is anticipated to ascend at a CAGR of 6.9% over
the forecast period
- Based on end
use, the retail segment was valued at USD 713.2 million in 2018 and is
projected to exhibit high growth in the next few years
- U.S. emerged
as the biggest consumer of gluten-free pizza crust in 2018 and is expected
to witness significant growth over the forecast period
- The
gluten-free pizza crust market is highly competitive with the leading
players including Udi's Gluten Free, Glutino, King Arthur Flour, Namaste
Foods, Nu Life Market, Bob's Red Mill, Cup4Cup, and Vicolo
- North
America dominated the global market in 2018, accounting for 35.0% share of
the global revenue. This trend is projected to continue over the next few
years
- Various
manufacturers are concentrating on new product launches, capacity
expansion, and technological innovation to estimate existing and future
demand patterns from upcoming product segments.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.Contact:
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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