Gluten-free Pizza Crust Market Hit At A Highest CAGR Of 6.5% From 2019 To 2025: Grand View Research, Inc

September 02 08:04 2019
Gluten-free Pizza Crust Market Hit At A Highest CAGR Of 6.5% From 2019 To 2025: Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Increasing urbanization and growing popularity of western foods including pizza are driving the market for gluten-free pizza crust. Increasing disposable income and penetration of pizza outlets are expected to increase demand for pizza crust over the forecast period.

According to a report, “ Gluten-free Pizza Crust Market Size, Share & Trends Analysis Report By Product (Organic, Conventional), By End Use (Retail, Bakeries), By Distribution Channel, By Region, And Segment Forecasts, 2019 – 2025 ”, published by Grand View Research, Inc.,The global gluten-free pizza crust market size is anticipated to reach USD 3.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% over the forecast period. Increase in the impact of western culture and rise in disposable income are some of the factors for the growth of the market. Rise in the number of pizza outlets may lead to the market growth in the upcoming years.

Growing awareness related to health among people and increase in the prevalence of celiac diseases are expected to be the major factors driving the market for gluten-free pizza crust. It was surveyed that 1 in 20 Americans are diagnosed with gluten sensitivity, which may cause severe health problems. It is essential to make changes in the diets and food habits in order to decrease the occurrence of celiac disease. Thus, the bakery industry manufacturers have been developing different gluten-free pizza crust products. Pizza consumption is maximum in regions like North America and Europe.

North America held the largest share and generated a revenue of USD 692.7 million in 2018. The growth of market is attributed to rising awareness among consumers related to the benefits of having no gluten in the pizza crust products. Many innovative and new flavor products are launched, which may lead to the market growth.

For instance, in 2018,Schwan’s Consumer Brands, Inc. launched two new and innovative flavors of Freschetta Gluten Free Pizza during an awareness program related to celiac diseases. Tuscan style chicken and spinach and roasted mushroom ae the tow new flavors that make people not to change their taste due to different health conditions. This Freschetta Gluten-free Crust has been certified by the National Celiac Association for providing unique flavors, while considering health of people. 

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Asia Pacific is the fastest growing region, expanding at a CAGR of 7.1% during the forecast period. India has over half of the population that is beneath the age of 30 and is known to have the most significant young generation, thereafter China, Indonesia, and U.S. Young population may be the reason for the growth of the market during the forecast period.

U.S. gluten-free pizza crust market

Further key findings from the report suggest:

  • By product, the conventional segment held more than 65.0% share of overall revenue in 2018. The organic segment is anticipated to ascend at a CAGR of 6.9% over the forecast period

  • Based on end use, the retail segment was valued at USD 713.2 million in 2018 and is projected to exhibit high growth in the next few years

  • U.S. emerged as the biggest consumer of gluten-free pizza crust in 2018 and is expected to witness significant growth over the forecast period

  • The gluten-free pizza crust market is highly competitive with the leading players including Udi’s Gluten Free, Glutino, King Arthur Flour, Namaste Foods, Nu Life Market, Bob’s Red Mill, Cup4Cup, and Vicolo

  • North America dominated the global market in 2018, accounting for 35.0% share of the global revenue. This trend is projected to continue over the next few years

  • Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Distribution Channel Insights

The offline segment held 88.8% share of global revenue in 2018. This segment is expected to maintain its lead throughout the forecast period. Increase in the number of franchise outlets worldwide is driving the sales of gluten-free pizza crust through the offline channel over the forecast period. In addition, franchise outlets such as Dominos are expanding their gluten-free product line in order to cater to the demand of health concious people. For instance, Cali’flour Foods has been providing the maximum offline pizza crust to different retail shops. 

Global gluten-free pizza crust market

Growing popularity of western food in developing countries such as India and China is expected to drive sale of pizza crust through offline channel. It was surveyed that the maximum number of tourists arrive in Asia Pacific mainly in countries like India, China, and Thailand, which, in turn, is expected to drive the market for gluten-free products, including pizza crust.

The online segment is projected to expand at a CAGR of 8.2% from 2019 to 2025 on account of increasing internet penetration. Technology advancements are one of the significant factors in driving the online segment. Many e-commerce vendors such as Walmart and Amazon are expanding their reach in developing countries and are focusing on expanding food products offerings. Increasing penetration of small players who are focusing on online channel to expand their product reach is expected to have a positive impact on the market growth from 2019 to 2025. Increasing internet penetration in countries such as China, India, and other Southeast Asian countries is expected fuel the demand for the sale of pizza crust though the online channel over the forecast period.

Regional Insights

North America dominated the market in 2018 owing to growing consumption of gluten-free products. People in the region are shifting towards a healthy lifestyle due to which people prefer healthy and gluten-free products. Growing awareness related to possible causes of gluten on health has led to an increase in consumption of gluten-free products. U.S. has a high prevalence of celiac disease in the world, and thus, increasing awareness related to the disease is anticipated to boost the demand for gluten-free products.

Asia Pacific is expected to expand at a CAGR of 7.1% over the forecast period. It has been surveyed that India has over half of the population below the age of 30 and is known to be the most significant region for young generation, thereafter China, Indonesia, and U.S. Thus, the impact of western culture is increasing due to high youth population. This, in turn, is anticipated to drive the market for gluten-free pizza crust in developing countries of Asia Pacific.

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Grand View Research has segmented the global gluten-free pizza crust market by product, end use, distribution channel, and region:

Gluten-free Pizza Crust Product Outlook (Revenue, USD Million, 2015 – 2025)

  • Organic

  • Conventional

Gluten-free Pizza Crust End Use Outlook (Revenue, USD Million, 2015 – 2025)

  • Retail

  • Bakeries

  • Others

Gluten-free Pizza Crust Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)

  • Offline

  • Online

Gluten-free Pizza Crust Regional Outlook (Revenue, USD Million, 2015 – 2025)

  • North America

    • U.S.

  • Europe

    • U.K.

    • Germany

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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