Report ID: UCMIR30H2043
Report ID:
UCMIR30H2043 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The North America gluten-free flour market had a value of more than USD 56.24 million in 2019 and is expected to grow at a CAGR of over 12% from 2020 to 2026. The market is likely to see substantial growth due to the rising incidence of chronic health conditions like diabetes, hypertension, heart diseases, and obesity. The increasing prevalence of symptoms related to gluten intolerance and celiac disease, such as abdominal pain, anemia, bloating, constipation, diarrhea, and joint or bone pain, is drawing the interest of consumers towards gluten-free flour products.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Agricultural Products by segment aggregation, the contribution of the Agricultural Products in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIR30H2043