The Global Ancient & Specialty Grain Flour Market generated revenue of around USD 2,168.75 million in 2021 and is anticipated to grow a CAGR of over 5.75% during the forecast period from 2022 to 2028 to reach around USD 3,336.43 million in 2028. While, cumulative growth opportunity presented by the global Ancient & Specialty Grain Flour is around USD 19.91 billion during 2022 to 2028.
Global Ancient & Specialty Grain Flour Market, 2021 – 2028 (USD Million)
Ancient and specialty grain flour is the flour which is produced from ancient grains such as barley, rye, buckwheat, quinoa, millet, kamut, spelt, etc. Since ancient grains flour is less processed, nowadays, it is widely used as an alternative to the regular wheat flour. Most of the types of ancient grain flour are gluten free and exhibits numerous nutritional benefits. Ancient grain flour is easy to digest and can be used in variety of applications where wheat and all-purpose white flour is traditionally used.
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Quinoa to Grow at Rapid Pace
Barley, Rye, Buckwheat, Millet, Quinoa and Others are some of the important types of Ancient & Specialty Grain Flours produced and consumed across different region. However, Barley is growing in demand and held significant share in total revenue generation with over 25% in 2021. While, Rye, Buckwheat, Millet, Quinoa segments collectively held over 50% share in total revenue generation in 2021 and poised to play important role in growth of Ancient & Specialty Grain Flour in the years to come. Quinoa is expected to exhibit fastest growth rate over the forecast period.
Growing Demand for Retail Packed Flour is Driving the Growth of Ancient & Specialty Grain Flour
Bakery, Confectionary, Ready to Eat, Retail Packed Flour and Others are major application markets for the global Ancient & Specialty Grain Flour industry. Bakery, Confectionary, Ready to Eat, Retail Packed Flour and Others segment held the largest share of global Ancient & Specialty Grain Flour industry in 2021 with over 30% contribution to revenue generated by Ancient & Specialty Grain Flour market. Secondly, Bakery, Confectionary and Ready to Eat applications are also expected to grow at a significant CAGR which in turn likely to drive demand for Ancient & Specialty Grain Flour. However, high cost is likely affecting the demand for Ancient & Specialty Grain Flour.
Asia Pacific is Second Leading Market for Ancient & Specialty Grain Flour
Asia Pacific is leading the Ancient & Specialty Grain Flour industry with over 45% share in 2021. India, China and Europe dominate production as well as consumption of Ancient & Specialty Grain Flour. Demand for Ancient & Specialty Grain Flour is growing in Europe and North America as an alternative to conventional grains. Moreover, growing awareness among end-user regarding health benefits offered by Ancient & Specialty Grain Flour is mainly driving the demand for Ancient & Specialty Grain Flour.
Significance of War between Russia & Ukraine for Ancient & Specialty Grain Flour Importers
As Ukraine and Russia has meager contribution in production as well as consumption of Ancient & Specialty Grain Flour the impact of war between Russia and Ukraine will be minimal on this market.
Major players operating in the Ancient & Specialty Grain Flour industry include Agrana Beteiligungs-AG, Associated British Foods PLC., Cargill Inc., Enjoy Life Foods LLC, General Mills, Inc., Limagrain, Parrish and Heimbecker, Sunopta Inc., The Hain Celestial Group Inc. and The Scoular Company.
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Ancient & Specialty Grain Flour Report Scope
|
Report Attribute |
Details |
|
Market Value in 2021 |
USD 2,168.75 million |
|
Market Value in 2028 |
USD 3,336.43 million |
|
CAGR |
5.75% between 2021 and 2028 |
|
Benchmarking Year |
2021 |
|
Past data |
2016 – 2021 |
|
Report coverage |
Market Size Valuation, Share Analysis and Growth Rate by Segments such as Type and Application, Company Share, Competitive Landscape and Trends Analysis |
|
Segments covered |
Type Barley Rye Buckwheat Millet Quinoa Others Application Bakery Confectionary Ready to Eat Retail Packed Flour Others |
|
Major Players Analysed |
Agrana Beteiligungs-AG, Associated British Foods PLC., Cargill Inc., Enjoy Life Foods LLC, General Mills, Inc., Limagrain, Parrish and Heimbecker, Sunopta Inc., The Hain Celestial Group Inc. and The Scoular Company |
|
Regional scope |
North America (U.S., Canada and Mexico), Europe (Russia, Spain, Italy, Germany, France, UK, Poland, Belgium, Netherland, Sweden, Ukraine, Denmark, Austria, etc.), Asia Pacific (India, South Korea, China, Japan, Taiwan, Singapore, Vietnam, Thailand, Indonesia, Malaysia, Australia, etc.), Latin America (Peru, Chile, Colombia, Brazil, Argentina, etc.), Middle East (KSA, UAE, Israel, etc.) & Africa (Egypt, Nigeria, South Africa, East African Community, etc.) |
|
Cost of the Report |
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Market Segmentation
Global Ancient & Specialty Grain Flour Market by Type, 2016 – 2028
- Barley
- Rye
- Buckwheat
- Millet
- Quinoa
- Others
Global Ancient & Specialty Grain Flour Market by Application, 2016 – 2028
- Bakery
- Confectionary
- Ready to Eat
- Retail Packed Flour
- Others
Global Ancient & Specialty Grain Flour Market by Company, 2016 – 2028
- Agrana Beteiligungs-AG
- Associated British Foods PLC.
- Cargill Inc.
- Enjoy Life Foods LLC
- General Mills, Inc.
- Limagrain
- Parrish and Heimbecker
- Sunopta Inc.
- The Hain Celestial Group Inc.
- The Scoular Company
- Others
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