Meticulous Research®—a prominent global market research firm, has released a comprehensive research report entitled, ‘Ancient Grains Market by Crop Type (Wheat, Barley, Quinoa, Chia, Millets, Sorghum), Grain Type (Gluten-Free, Gluten Containing), Application (Food (Bakery & Confectionery, Breakfast Cereal, Frozen Food), Beverage, Animal Feed) - Global Forecast to 2030.’
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According to the findings from Meticulous Research®, the global ancient grains market is anticipated to grow significantly, reaching $10.52 billion by 2030, with an impressive CAGR of 37.6% from 2024 to 2030. This robust growth trajectory can be attributed to several key factors, including an increasing consumer preference for natural and health-oriented foods. As consumers become more health-conscious, they are seeking food options that are not only nutritious but also align with their dietary preferences, such as gluten-free and plant-based products.
Innovative food and beverage products that incorporate ancient grains are gaining traction in the market. These innovations cater to the rising demand for gluten-free options and are increasingly appealing to health-conscious consumers. Furthermore, the growing interest in superfoods is driving stakeholders to explore the inclusion of ancient grains in their product lines, thereby expanding market opportunities.
Despite the growth potential, the ancient grains market faces challenges, notably the lack of consumer awareness regarding the nutritional benefits and culinary applications of these grains. Educating consumers about the advantages of incorporating ancient grains into their diets will be crucial for overcoming this barrier and unlocking the market’s full potential.
The segmentation of the global ancient grains market is based on crop type, grain type, application, and geography. The crop type includes a wide array of ancient grains, such as wheat (including varieties like bulgur, einkorn, emmer, kamut, freekeh, and spelt), barley, quinoa, chia, millets, sorghum, and amaranth. Grain types are classified into gluten-free ancient grains and gluten-containing ancient grains, providing options for various dietary needs.
In examining the crop type segment, the quinoa category is projected to witness the highest CAGR during the forecast period of 2024–2030. This growth can be attributed to the increasing consumer awareness surrounding quinoa's nutritional and health benefits, coupled with the rising demand for gluten-free products. Furthermore, as quinoa is increasingly recognized as a viable substitute for rice, its market potential is expected to flourish.
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The grain type analysis indicates that the gluten-free ancient grains segment is poised to capture a significant share of the market by 2024. The prevalence of celiac disease and the rising consumer inclination toward healthier food options are driving this trend. The gluten-free segment is forecasted to achieve a higher CAGR during the forecast period from 2024 to 2030, as more consumers seek alternatives to traditional gluten-containing grains.
When it comes to applications, the beverages segment is anticipated to register the highest CAGR during the forecast period. This growth can be attributed to the surging demand for plant-based beverages and the increasing preference for healthy drink options. As health-conscious consumers seek innovative, nutritious beverages, manufacturers are responding by diversifying their product lines to include offerings that feature ancient grains, which provide functional benefits.
Geographically, North America is expected to hold the largest share of the global ancient grains market in 2024. The region's leading position is driven by rising health and wellness trends, heightened consumer awareness regarding the benefits of ancient grains, and an increasing demand for convenient and nutritious food options. These factors collectively contribute to North America's dominance in the ancient grains market.
In summary, the ancient grains market is on a trajectory of significant growth, fueled by rising health consciousness, an increased preference for gluten-free and plant-based products, and innovative food and beverage developments. Although challenges such as consumer awareness persist, the market presents substantial opportunities for stakeholders willing to invest in education and product innovation. To thrive in this dynamic market landscape, companies must focus on informing consumers about the benefits of ancient grains while expanding their product offerings to cater to the evolving preferences of health-conscious consumers.
Key Players
The key players operating in the global ancient grains market are Ancient Golden Mill (India), Archer-Daniels-Midland Company (U.S.), Ardent Mills, LLC (U.S.), Bob's Red Mill Natural Foods, Inc. (U.S.), Glanbia plc (Ireland), Grand Teton Ancient Grains (U.S.), Great River Organic Milling (U.S.), Healthy Food Ingredients, LLC ((U.S.), Nature Bio Foods Ltd. (India), Natur Gold Global Kft. (Hungary), Terra Ingredients, LLC (U.S.), The Scoular Company (U.S.), and VDF FutureCeuticals, Inc. (U.S.).
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Key Questions Answered in the Report-
- What are the historical market sizes and growth rates of the global ancient grains market?
- At what rate is the global ancient grains demand projected to grow for the next 5–7 years?
- What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
- Which segments in terms of crop type, grain type, and application are expected to create major traction for the manufacturers in this market?
- What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the global ancient grains market?
- Who are the major players in the global ancient grains market? What are their specific product offerings in this market?
- What are the recent strategic developments in the global ancient grains market? What are the impacts of these strategic developments on the market?
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