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The gluten-free market is estimated to be valued at $4.48 billion in 2018, and is projected to reach $6.47 billion by 2023, at a CAGR of 7.6%, according to a report published by MarketsandMarkets, New York.
The Hain Celestial Group, Inc., Lake Success, N.Y., acquired Rudi's Organic Bakery, Inc., a leading organic and gluten-free company based in Boulder, Colo.
In response to overwhelming consumer demand for Bakery On Main products, the East Hartford, Conn.-based company announced plans for a larger production facility and corporate headquarters.