According to the Univdatos Market Insights analysis, The global gluten-free products market was valued at USD 6.67 billion in 2023 and is expected to grow at a strong CAGR of around 8.4% during the forecast period (2024-2032). The market for gluten-free products is growing steadily with the progression of the gluten-free movement and growing consumer interest in healthier food options. New activities in the quick-growing areas such as Saco Foods through the amounting of Ancient Harvest and Pamela’s Brands, while Dr. Schär has entered gluten-free biscuits production in Germany are some of the recent advancements on this side.
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All Foods Bakery Café Announces Acquisition of Ancient Harvest and Pamela’s
Saco Foods aims at food products of specialized markets and in August 2024 showed an acquisition of Quinoa Corporation, which operates Ancient Harvest and Pamela’s brands. This tactical planning is in the company’s pursuit of growing the product portfolio in new and trending niches such as gluten-free and plant-based. Ancient Harvest was set up in 1983 and was reckoned as the first organization to market quinoa in the United States and today its products include gluten-free meals such as pasta and polenta. Pamela’s baking mix and snacks started in 1988 specializing in gluten-free products such as pancake mix and cookies.
Tom Walzer, chairman and CEO of Saco Foods said that this addition enriches their line of products and synergizes on a service platform that advances innovation and growth. John Becker, Quinoa Corporation's past CEO and present president of Ancient Harvest, and Pamela also echoed the same sentiment saying that there is a beautiful opportunity to rejuvenate these brands and embrace high standards of quality.
The acquisition not only enhances the market presence of Saco Foods but is also complementary to the greater shift towards having more health benefits and fewer gluten products. With consumers moving towards cleaner diets, firms such as Saco will benefit immensely from this trend.
Rising German sales prompts Dr Schär to fund gluten-free biscuit processing.
In another development within the gluten-free sector, Dr. Schär revealed its intention to make a major investment to improve its gluten-free biscuit manufacturing process in Germany. Making this kind of investment proves the company’s dedication to diversifying its ranges in a gluten-free segment which registers emerging markets due to its recognized health benefits for consumers in the production of snacks.
Dr. Schär is considered one of the most specialized companies that produces gluten-free products in the European region and this new investment plan will enhance the production capacity of this firm more sufficiently while serving the growing market demand for gluten-free biscuits. The company plan is to offer a high-quality biscuit that clients with gluten intolerance and those clients who prefer gluten-free products for everyday living.
Impact on the Gluten-Free Products Market
1. Rising Awareness: New knowledge about celiac disease and non-celiac gluten sensitivity led to the tendency of selected consumers to prefer food free from gluten.
2. Health Trends: As the aspect of a healthy diet takes root, many sufferers are switching to a gluten-free diet even if they do not have the related diseases.
3. Product Innovation: Bakery and confectionery manufacturers are dedicating lots of resources towards product development to meet the consumer demand for tasty gluten-free foods.
4. E-commerce Growth: Indeed, the growth of the internet has also approved convenient shopping where consumers can now buy gluten-free foods products than they used to.
The acquisitions by Saco Foods and the investments by Dr. Schär also improved their product offering and helped build the gluten-free category.
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Conclusion
The entries within the gluten-free product market are active and the fresh acquisitions and investments prove that this market is rather promising now. Through acquisition strategies of such players as Saco Foods, apart from acquiring the Ancient Harvest and Pamela’s, Dr. Schär has also proved its determination to enhance production ability, hence market growth is expected. As concerns for identifying healthy food increases, and as the population becomes more conscious and demanding of change, opportunity for the gluten-free products market can be expected to expand in the years ahead.
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