Executives in the snacking industry have expressed a bleak outlook, showing little hope for improvement in the near future.
The annual survey gathered data from 142 countries and 28,235 feed mills.
These resources will aid bakers and snack manufacturers intending to produce products with reduced sugar.
This growth is largely driven by a rising population of gluten-intolerant individuals, increasing health awareness, and surging demand for nutritious, convenient food options.
The market is driven primarily by the increasing consumer preference for gluten-free diets and healthier alternatives to wheat flour.