Gluten-Free Oats Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2032
The global gluten-free
oats market is expected to witness growth at a CAGR of 7.8% in the
forecasted period and to be valued more than US$ 334.0 Mn by 2032.
Growth in the market is attributed to growing prevalence of
food allergies and other types of food gluten sensitivities. Food allergy
reactions range in severity from minor hives and swelling of the lips to
severe, life-threatening symptoms known as anaphylaxis, which can include lethal
breathing issues and shock.
Food allergies are currently incurable despite the
development of promising preventative and therapy techniques. Early detection
of food allergies and learning how to manage them, including which foods to
avoid, are critical steps in avoiding major health repercussions.
The FDA enforces regulations requiring manufacturers to
declare ingredients on packaged foods and beverages to safeguard persons with
food allergies and other food hypersensitivities. There are stricter labeling
rules for foods or chemicals that induce allergies or other hypersensitivity
reactions.
Consumers are willing to follow healthy diets to control
their fitness rates because of the rising prevalence of conditions associated
with modern lifestyles such as diabetes and obesity. Rising incidences of
celiac disease and increased gluten sensitivity among consumers have also
created a strong demand for gluten-free products.
Oatmeal drinks are an excellent choice for people who want
to reduce their gluten intake while also consuming fewer calories. For example,
the Quaker Oats Company in the U.S. sells gluten-free oat drinks. The company
sells both regular and instant gluten-free oat drinks to its customers.
Key Takeaways from Market Study
- The
gluten-free oats market is expected to expand at CAGR of 7.8% over the
forecast period.
- Among
the product type segment, rolled oats is dominating the segment holding
around 41.3% of the revenue and it is expected to grow with CAGR of 6.5%
over the assessment period.
- Among
the flavor segment, flavored is expected to dominate the gluten-free oats
market holding more than 70.0% revenue share and it is expected to grow
with around 6.9% CAGR over the forecast period.
- Among
sales channel segment, B2C is dominating the sales channel segment holding
around 76.4% in 2022 and it is expected to grow with CAGR of
7.0% over the forecasted period.
- Among
price range segment, economy is dominating the gluten-free oats market
through 2022 & beyond.
“Rising awareness regarding allergies and innovation
of new technologies such as home test-kits for celiac disease diagnoses will
skew the growth of gluten-free oats market.” says a Future Market
Insights analyst.
Competitive Landscape
Key manufacturers of global Gluten-Free Oats market are
majorly focusing on research & development in order to develop innovative
and unique product offering. In addition to this these key players in the
Gluten-Free Oats market are also concentrating on merger, acquisition and joint
ventures to expand their geographical presence and also to increase the
existing production capacity.
- In
2021, General Mills in late May launched Big G instant oatmeal varieties
in the flavors of Lucky Charms, Cinnamon Toast Crunch, Trix and Cocoa
Puffs. Each oatmeal comes with a topping: marshmallows for Lucky Charms,
“cinnadust” topping for Cinnamon Toast Crunch, a multi-colored crunchy
topping for Trix and a chocolate-flavored crunchy topping for Cocoa Puffs.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global Gluten-Free Oats market, presenting historical
data (2017-2021) and estimation statistics for the forecast period of
2022-2032.
Global Gluten-Free Oats Market by Category
By Product Type:
- Whole
Oat Groats
- Steel-cut
Oats
- Regular
- Quick
Cooking
- Rolled
Oats
- Old-fashioned
- Quick
Cooking
- Extra
Thick
- Instant
Oats
- Oat
Bran
- Scottish
Oats
By Flavor:
- Natural/Unflavored
- Flavoured
- Apple
- Banana
& Raisins
- Berries
- Nuts
- Maple/Brown
Sugar
- Cinnamon/Spice
- Savory
- Others
By Sales Channel:
- B2B
- B2C
- Hypermarket/Supermarkets
- Convenience
Stores
- Specialty
Stores
- Wholesale
Stores
- Mass
Grocery Retailers
- Online
Retailers
By Packaging:
- Flexible/Stand-up
Pouches
- Bags
- Cartoons
- Cups
- Tins
& Jars
- Bottles
- Other
Packaging
By Price Range:
- Economy
- Mid-Range
- Premium
By Region:
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia
- Middle
East and Africa
Frequently Asked Questions
- How
much is global gluten-free oats market worth?
- What
is the North America Gluten-Free Oats Market?
- Who
are the key players involved in the global gluten-free oats market?
- At
what rate will global gluten-free oats demand grow in China?
Information Source: https://www.futuremarketinsights.com/reports/gluten-free-oats-market
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