According to Custom Market Insights (CMI), The Global Ancient and Specialty Grain Flour Market. The market was estimated at around USD 2.3 billion in 2021 and is expected to reach USD 2.4 billion in 2022 and is projected to witness a CAGR of 6% during 2022-2030, to reach around USD 3.5 billion by 2030. The report examines the Ancient and Specialty Grain Flourmarket’s drivers and restraints and their impact analysis. Also, the report mentions global opportunities prevailing in the Ancient and Specialty Grain Flour market.
Ancient and Specialty Grain FlourMarket: Overview
Flour made from ancient grains, including Barley, buckwheat, Kamut, rye, quinoa, millet, spelled, etc., is known as specialty grain flour. Ancient grain flour is now frequently used as a substitute for modern wheat flour because it is less processed. The majority of ancient grain flour varieties are gluten-free and offer a variety of nutritional advantages. Ancient grain flour is simple to digest and can be used in many recipes that require wheat or all-purpose white flour.
Browse the full “Ancient and Specialty Grain Flour Market Size, Trends, and Insights By Product (Barley, Rye, Buckwheat, Quinoa, Millet, Others), By Application (Ready-to-eat, Bakery, Confectionery, Retail Packed Flour, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share Outlook, and Forecast 2023–2032” report at https://www.custommarketinsights.com/report/ancient-and-specialty-grain-flour-market/
Growth Factors
Ancient and specialty grain flours are in high demand due to the changing consumer preferences and the rise in customers searching for healthy foods. Ancient grains do not produce flour like contemporary grains, and cereals like wheat and corn do. Some people find it challenging to digest current flour due to improvements in grain quality and flour processing techniques. Consumers are now looking for gluten-free diets due to the rising prevalence of gluten around the world. But the availability of ancient and specialty grain flours with reduced gluten content has significantly increased customer interest in the goods and helped the ancient and specialty grain flours grow in popularity.
Baked goods, confections, and ready-to-eat foods are among the many uses for ancient and specialty grain flour. Additionally, the growing use of ancient and specialty grain flour is driven by the global trend toward organic food consumption. As a result, the market players provide a wide variety of ancient and specialized grain flour products that range from single-grain flour to flour made from a combination of multiple grains.
Segmental Overview
By product, the market for Ancient and Specialty Grain Flour is subdivided into Barley, Buckwheat, Rye, Quinoa, Millet, and Others, with Barley showing the greatest volume growth. In the coming years, the market is anticipated to increase strongly due to the division of rye. Among all varieties of ancient and specialty grain flour, quinoa is the one that is expanding the fastest.
The market for ancient and specialty grain flour includes important segments for bakery, confectionery, ready-to-eat foods, retail packaged flour, and others. Retail Packed Flour dominates the application market. In 2021, it contributed more than 30% of the total revenue generated. Retail Packed flour is likewise anticipated to grow quickly during the projection period. Bakery, confectionery, ready-to-eat, and retail-packed flour are more examples of these application groups. Retail Packed flour is anticipated to have the highest market share and the fastest growth rate over the projected time frame.
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Regional Overview
According to estimates, the Asia Pacific region would see a rise in sales of ancient and specialty grain flour due to the rising demand for healthy bakery and confectionary items. A few key factors influencing the demand for bakery and confectionery items are:
- The enormous youth population.
- Changing lifestyles.
- Preferences for convenience.
- The influence of western culture.
- Rising desire for healthy snacks.
Competitive Landscape/Key Players Insights
Our market analysis includes a section devoted to key players operating in the Ancient and Specialty Grain Flour market. Our analysts overview each player’s financial statements, product benchmarking, and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of globally mentioned competitors.
Some of the prominent players
- Associated British Foods PLC
- Enjoy Life Foods LLC
- Cargill Inc
- General Mills, Inc
- Limagrain
- Hain Celestial Group Inc
- Parrish and Heimbecker
- The Hain Celestial Group Inc
- SunoptaInc
- The Scoular Company
Table of Contents: https://www.custommarketinsights.com/report/ancient-and-specialty-grain-flour-market/#table-of-contents
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