Revenue mapping and production volume analysis that were tailored to gluten-free formulations were employed to determine the global market valuation. The methodology comprised the following:
• The identification of over 40 key manufacturers and artisanal bakery groups in North America, Europe, Asia-Pacific, and Latin America
• Product mapping for breadrolls and buns, pastries and biscuits, cakes and cheesecakes, muffins and cupcakes, doughnuts, and other gluten-free categories
• Analysis of rice flour, corn-based ingredients, buckwheat, quinoa, and emerging alternative flours (almond, coconut, tapioca) at the ingredient level
• Examination of annual revenues that are reported and modeled for gluten-free product portfolios, with the exception of conventional wheat-based bakery sales
• In 2024, the coverage of manufacturers will account for 75-80% of the global market share.
• Derive segment-specific valuations for store-based (supermarkets, hypermarkets, specialty stores) and non-store-based (e-commerce, direct-to-consumer) channels through extrapolation using bottom-up (production volume × average selling price by country/retail channel) and top-down (manufacturer revenue validation and trade data triangulation) approaches.