Gluten-free products market size will hit $7.5B by 2027 at 7.2% CAGR: reports

Market size for gluten-free products, valued at $4.3 billion in 2019, is estimated to reach $7.5 billion by 2027, registering a compound annual growth rate (CAGR) of 7.2% from 2020 to 2027, according Valuates Reports.

Major factors driving the growth of gluten-free products market size are the rising prevalence of celiac disease and a growing population shifting towards healthier diets.

Specifically, according Valuates, rising occurrences of irritable bowel syndrome and celiac disease will drive sales for gluten-free products in both developed and developing countries.

The report predicts that microencapsulation technology will help manufacturers improve the shelf life and texture of their gluten-free products; short “use by” periods and poor textures are undesirable features common in gluten-free products.