The Asia-Pacific Gluten-Free Food and Beverages Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 9.34% during the forecast period, 2023 – 2031. The growth of the market is attributed to large number of celiac disease patients in Asia-Pacific.
Gluten is a protein that can be found in wheat, barley, rye, and triticale, among other cereals (crossbreed). Its primary function is to provide elasticity to the dough, which is then utilized to create a range of products by imparting a chewy texture and maintaining the product's form.
The COVID-19 pandemic affected the demand and supply of Asia-Pacific gluten-free food and beverages market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Gluten Free Food and Beverages Market Trends, Drivers, Restraints, and Opportunities
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Rising disposable incomes is estimated to fuel the market during the forecast period.
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Shifting preference towards processed meals in countries like India and China are key factor propelling the market in the coming years.
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Gluten-free items are deficient in dietary fiber, resulting in constipation and other digestive system problems are expected to hamper the market growth.
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Lack of awareness act as major challenge that can hinder the market during the forecast period.
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R&D investment and technological advancement is anticipated to create lucrative opportunities for the market players.
Scope of the Gluten Free Food and Beverages Market Report
The report on the Asia-Pacific gluten-free food and beverages market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Asia-Pacific Gluten-free Food and Beverages Market - Asia-Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product Type (Bakery Products, Meat & Meat Substitute, Dairy & Diary Substitute, Sauces, Dressing & Seasonings, Frozen Desserts, Beverages, and Others)
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Geographical Scope
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China, Japan, India, Thailand, Vietnam, Australia, and Rest of Asia-Pacific
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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PepsiCo Inc.; Nestle; Conagra Brands Inc.; and General Mills Inc.
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Gluten Free Food and Beverages Market Segment Insights
The bakery products segment is projected to hold a major market share
In terms of product type, the Asia-Pacific gluten-free food and beverages market is fragmented into bakery products, meat & meat substitute, dairy & dairy substitute, sauces, dressing & seasonings, frozen desserts, beverages, and others. The bakery products segment is expected to represent a key share of the market during the forecast period. Gluten-free bread goods are becoming increasingly popular, especially in industrialized countries.
Bread, rolls, buns, cakes, cookies, crackers, wafers, biscuits, and baking mixes & flours are all part of the bakery products. People are moving and embracing gluten-free dietary habits on a broad scale, owing to the additional health benefits they provide beyond celiac disease prevention and treatment. Bakery is one of the food product categories where wheat flour is consumed in significant quantities as a raw material for binding or manufacturing of a variety of goods.
Australia is expected to dominate the market
On the basis of geography, the Asia-Pacific gluten-free food and beverages market is classified as China, Japan, India, Thailand, Vietnam, Australia, and Rest of Asia-Pacific. The market of Australia is anticipated to dominate the market during the forecast period. Growing consumer awareness and increasing number of Australians opting to exclude certain food components from their diets, such as gluten, dairy, or meat, are pushing IT-based packaging improvements on gluten-free goods.
Gluten-free foods and beverages are becoming more common in Australia, where they were once regarded specialist items. They are being consumed by consumers not just to avoid unpleasant symptoms such as gastrointestinal (bloating, wind, and stomach cramps) and fatigue/tiredness, but also to preserve a general impression of improved health.
Segments
The Asia-Pacific gluten-free food and beverages market has been segmented on the basis of
Product Type
- Bakery Products
- Meat & Meat Substitute
- Dairy & Diary Substitute
- Sauces
- Dressing & Seasonings
- Frozen Desserts
- Beverages
- Others
Geography
- China
- Japan
- India
- Thailand
- Vietnam
- Australia
- Rest of Asia-Pacific
Key Players
Competitive Landscape
Key players competing in the Asia-Pacific gluten-free food and beverages market include PepsiCo Inc., Nestle, Conagra Brands Inc., and General Mills Inc.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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