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Gluten-Free Products Market to Grow 10.4%, Hit 7.6 Billion by 2020

Celiac.com 11/12/2015 - The gluten-free products market is growing rapidly in areas that traditionally see a good deal of wheat consumption.

Photo: CC--EpSos.deThe European market for gluten-free products is set to see the highest growth, with a projected a CAGR of 10.4%, reaching $7.59 billion in 2020.

Until recently, North America was the largest growing market, followed by the European market.

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The use of corn, rice, quinoa, and sorghum ingredients is set to expand greatly, especially in soups, sauces, breads, and pizza bases, as manufacturers look to take existing product line gluten-free.

Overall, baked goods made for the largest market share in 2014, and the cereals & snacks segment of the market is projected to have highest CAGR during the review period, both in terms of volume and value.

Inquire for more details at rnrmarketresearch.com

Read more at: PR NEWSWIRE

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