Global Spelt Wheat Market Size study & Forecast, by Nature (Organic and Conventional), End User (Food Industry and Feed Industry), and Distribution Channel (Direct and Indirect) and Regional Analysis, 2022-2029
Global Spelt Wheat Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Spelt Wheat also known as dinkel wheat or hulled wheat is an ancient cereal grain native to southern Europe. Spelt wheat is considered healthier than other conventional wheat species. Spelt Wheat are considered good source of essential amino acids, vitamins, and minerals such as iron, manganese, and zinc among others. The increasing consumption of bread & cereals products and growing demand from brewery industry as well as nutritional benefits associated with Spelt wheat are key factors accelerating the market growth.
The increasing consumption of bread & cereals products is contributing to the growth of the Global Spelt Wheat Market. For instance, according to Statista – as of 2022, revenue in the Bread & Bakery Products segment worldwide is estimated at USD 1,085 billion, and the market is projected to grow annually by 7.70% (CAGR 2022-2027) to reach to USD 1572.20 billion by end of 2027. In addition, in 2022 globally most revenue is generated in China (USD 231.90 billion), and average volume per person in the Bread & Bakery Products segment is expected to amount to 142.7kg. Also, rising investment in food processing industry and growing number of health-conscious individuals would create lucrative growth prospectus for the market over the forecast period. However, the supply demand gap arising due to shortage of Spelt Wheat stifles the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Spelt Wheat Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players operating in the Spelt Wheat space and the region being the origin and highest producer of Spelt Wheat. Whereas North America is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising consumption of cereal based bread and bakery products coupled with increasing popularity of plant based food & beverage products in the region.
Major market player included in this report are:
Arnreiter Mühle GmbH
Pfahnl Backmittel GmbH
European Flour Millers
Blattmann Schweiz AG
Einbrunger Mühle Karl Rölkens
Ardent Mills
Bob’s Red Mill Natural Foods
Healthy Hildegard
Montana Flour & Grains
The Spelt Company Somerset Ltd
Recent Developments in the Market:
In July 2019, Germany based Kröner-Stärke GmbH has launched its new clean label spelt gluten and starches range for bakery and meat processing industries. The new Spelt Gluten and Spelt Starches contain no additives and are GMO-free.
In September 2021, Colorado, United States based Ardent Mills LLC entered in an agreement to acquire Firebird Artisan Mills. Firebird Artisan mills is part of Leawood, Kansas based Agspring, a holding company and specializes in whole grain and milling of gluten-free specialty grains and pulses .
Global Spelt Wheat Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Nature, End User, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Nature
Organic
Conventional
By End User
Food Industry
Feed Industry
By Distribution Channel
Direct
Indirect
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Arnreiter Mühle GmbH
Pfahnl Backmittel GmbH
European Flour Millers
Blattmann Schweiz AG
Einbrunger Mühle Karl Rölkens
Ardent Mills
Bob’s Red Mill Natural Foods
Healthy Hildegard
Montana Flour & Grains
The Spelt Company Somerset Ltd
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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