Gluten-free Chocolate Market Expected To Witness A Substantial Growth Of $2.37 Billion By 2025: Grand View Research Inc.
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The global gluten-free chocolate market size is projected to reach USD 2.37 billion by 2025 expanding at a CAGR of 7.8%, according to a new report by Grand View Research, Inc. Increasing prevalence of celiac disease is the key factor driving the product demand. Moreover, gluten-free chocolates are a healthier option than the usual chocolates, which is also driving their demand. Rising concerns regarding a large number of undiagnosed cases of individuals with gluten allergy or gluten intolerance may have a negative impact on the market growth over the coming years. Amidst the global pandemic crisis and the indefinite lockdown across nations, the consumer food & beverage industry first witnessed high demand for household staples, healthy food items, and consumables with longer shelf lives. The demand for frozen food products, fruits & vegetables, eggs, flour, and whole grains, among others, witnessed a considerable increase during the early stages of the crisis. Presently,