The global gluten free pasta market is expected to witness growth at a CAGR of 4.5% and top valuation of US$ 1.5 Bn by 2032. Consumers are well aware of the products and the nutritional benefits that they offer.
Hence, manufacturers are incorporating nutritionally high products or sources to increase the nutritional factor of the food products. For this purpose, manufacturers have started using sources that could increase the nutritional content of the pasta.
Sources such as pulses, buckwheat, quinoa, rice, etc. have been proven to increase the nutritional content. Pulses such as chickpeas, lentils, fava beans, and many others are being used as the main source for the replacement of durum wheat and semolina. Hence, growing demand for nutritionally rich pasta is also expected to accelerate the growth in the gluten free pasta market.
Key Takeaways from Market Study
- The gluten free pasta market is expected to expand at a CAGR’s of 5.4% and 6.5% in Latin America and Middle East & Africa, respectively through 2032.
- East Asia and South Asia market will account for demand share of 3.1% and 3.8% respectively in 2022, and are expected to grow at a CAGR’s of 8.9% and 8.0%, respectively over the forecasted period.
- Among category segment, fresh is dominating the market holding around 54.4% share in 2022 and is expected to grow with CAGR of 6.2% over the forecast period.
- Among product type, brown rice pasta is dominating the market holding around 54.6%, exhibiting growth at CAGR of 3.1% over the forecast period.
- Among the distribution channel, B2C distribution channel is dominating holding 69.0% share in 2022 and will showcase growth at CAGR of 4.5% over the forecast period.
“Penetration of social media and e-commerce platforms have increased the demand for packaged food products. To capitalize on this existing trend, key players are collaborating with e-commerce giants and online retail stores”, says a Future Market Insights analyst.
Competitive Landscape
Key players are focusing on enhancing the quality, variety and innovation of their products. Moreover, to gain competitive edge, these key players are opting for several merger and acquisition activities
- Barilla acquired Catelli, a Canadian firm, in February 2021. This acquisition includes the company’s dry pasta plant in Montreal.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global gluten free pasta market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on category (dried, fresh), product type (multigrain pasta, chickpea pasta, quinoa pasta, brown rice pasta), distribution channel (B2B, B2C (Hypermarkets/Supermarkets, Discount Stores, Food and Drink Specialty Stores, Convenience Stores, Independent Small Groceries, Online Retail)) across seven major regions of the world.
Market Segments Covered in Gluten Free Pasta industry Analysis
By Category :
- Fresh
- Dried
By Product Type :
- Chickpea Pasta
- Multigrain Pasta
- Broun Rice pasta
- Quinoa Pasta
By Distribution Channel :
- B2B
- B2C
- Hypermarkets/Supermarkets
- Convenience Stores
- Discount Stores
- Food and Drink Specialty Stores
- Independent Small Groceries
- E-Commerce (Online Retail)
Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Frequently Asked Questions
- What is the value of gluten free pasta market in 2022?
- What is the future growth rate for gluten free pasta market in the forecast period?
- Which country is dominating the global gluten free pasta market?
- Who are the prominent players in the global gluten free pasta market?
- Which are the major countries contributing in the expansion of gluten free pasta market?
Information Source: https://www.futuremarketinsights.com/reports/gluten-free-pasta-market