Global Buckwheat Flour Market - 2024-2031

Global Buckwheat Flour Market - 2024-2031

Global Buckwheat Flour Market reached US$ 210.2 million in 2023 and is expected to reach US$ 268.3 million by 2031, growing with a CAGR of 3.1% during the forecast period 2024-2031.

Increasing consumer awareness of gluten-free and nutritious food options has significantly boosted the demand for buckwheat flour, which is naturally gluten-free and rich in nutrients like fiber, protein, and minerals. This trend is further fueled by rising health consciousness and dietary preferences among consumers, driving the adoption of alternative flours like buckwheat in various culinary applications. Additionally, the growing popularity of plant-based diets and veganism has contributed to the expansion of the buckwheat flour market, as it is a versatile ingredient suitable for a wide range of plant-based recipes.

In July 2022, Simple Mills introduced sandwich cookies made with nut flour and filled with nut butter crème in two flavors: creamy peanut butter and cocoa cashew. The cookies, which are made with organic coconut sugar and buckwheat flour, have seven grams of sugar per serving and promote regenerative farming methods.

Pancake consumption contributes significantly to the buckwheat market, indicating its widespread use in culinary applications. Additionally, the Asia-Pacific region holds a significant share of the global buckwheat market, reflecting its cultural significance and consumption patterns in the region.

Dynamics

Health Benefits Associated with Buckwheat

Buckwheat is recognized for its nutritional value, being rich in protein, fiber, vitamins, and minerals. A 120 g portion of whole-grain buckwheat flour has 402 calories. There are 3.7 g of fat, 15 g of protein, and 85 g of carbohydrates in this meal. Buckwheat is particularly prized for its high levels of antioxidants, including rutin, which is known for its anti-inflammatory and heart-protective properties.

Additionally, buckwheat is considered a whole grain and is associated with various health benefits such as improved heart health, better digestion, and weight management. As consumers become more health-conscious and seek out natural, nutrient-dense foods, the demand for buckwheat flour as a wholesome ingredient in various culinary applications continues to rise. This trend is driving the expansion of the buckwheat flour market as food manufacturers respond to consumer preferences for healthier options in their products.

Increasing Consumer Demand for Gluten-Free Products

According to the National Institute of Diabetes and Digestive and Kidney Diseases, with celiac disease, around 2 million people in the U.S. and 1% of individuals worldwide suffer from the disease. As more individuals become aware of gluten intolerance and celiac disease, there has been a notable shift towards gluten-free dietary choices. Buckwheat flour, being naturally gluten-free, has gained popularity as a suitable alternative to traditional wheat flour in various food applications.

Consumers seeking gluten-free options for baking, cooking, and snacking purposes are turning to buckwheat flour due to its versatility and nutritional benefits. This demand is further fueled by the rising prevalence of gluten-related health issues and the growing trend towards healthier eating habits. Consequently, food manufacturers and retailers are expanding their offerings of gluten-free products, thereby driving the growth of the buckwheat flour market.

Side Effects of Buckwheat

While buckwheat is generally considered safe for most people, some individuals may experience allergic reactions or intolerance to this grain. Re-exposure to buckwheat can cause serious allergic reactions such as skin rashes, runny noses, asthma attacks, hypotension, swelling, itching, and breathing difficulties (anaphylactic shock). These allergic reactions can deter consumers from purchasing buckwheat flour products, especially those with known allergies or sensitivities.

Additionally, some people may experience digestive issues such as bloating, gas, or diarrhea after consuming buckwheat flour, particularly if they have a sensitivity to certain compounds present in buckwheat. Concerns about potential side effects and adverse reactions may lead to reduced consumer confidence and demand for buckwheat flour products, thereby restraining market growth.

Segment Analysis

The global buckwheat flour market is segmented based on the type of buckwheat, nature, appearance, application, distribution channel, and region.

Increasing Demand for Healthier Pancakes

Buckwheat flour is a popular choice for making pancakes due to its unique nutty flavor, distinctive texture, and nutritional benefits. Pancakes made with buckwheat flour are known for their rich flavor profile and hearty texture, making them a favorite among consumers seeking wholesome and satisfying breakfast options. Moreover, buckwheat flour pancakes are often perceived as a healthier alternative to traditional pancakes, as buckwheat is naturally gluten-free and contains essential nutrients such as fiber, protein, and minerals.

Pancake manufacturers are increasingly turning to buckwheat flour to meet rising consumer demand, driven by growing awareness of its nutritional benefits. In March 2020, with the introduction of three new pancake mixes, Purely Elizabeth entered the pancake market. Organic teff flour, organic buckwheat flour, organic tiger nut flour, almond flour, arrowroot flour, organic chia, etc. are used to make the Ancient Grain Pancake Mix.



Geographical Penetration

Growing Consumption and Production of Buckwheat in Asia-Pacific

In many Asian countries, buckwheat has been a staple ingredient in traditional cuisines for centuries, contributing to its widespread consumption. Countries like Japan, South Korea, and China, have a long history of incorporating buckwheat into their culinary practices, utilizing it in dishes like soba noodles, pancakes, and porridge.

Asia, particularly countries like China, accounts for a significant portion of global buckwheat cultivation. These countries have favorable climates and agricultural practices conducive to buckwheat cultivation, leading to substantial yields year after year. According to the FAO stats, the production of buckwheat in Chila stood at 506439.75 tonnes in 2022. This growing buckwheat production serves as a significant source of buckwheat flour, thereby driving market growth in the Asia-Pacific region.

COVID-19 Impact Analysis

The impact of COVID-19 on the buckwheat flour market has been multifaceted. Initially, the pandemic led to disruptions in the supply chain due to lockdowns, restrictions on movement, and labor shortages, affecting the production and distribution of buckwheat flour. This resulted in fluctuations in supply and demand dynamics, leading to price volatility in some regions.

Moreover, shifts in consumer behavior during the pandemic, such as increased focus on health and wellness, and a surge in home cooking, led to a heightened demand for gluten-free and nutritious alternatives like buckwheat flour. As a result, some producers experienced increased sales and expansion opportunities to meet the rising demand. However, challenges persisted, particularly for small-scale producers and those heavily reliant on exports, as global trade faced disruptions and economic uncertainties.

Russia-Ukraine War Impact Analysis

The Russia-Ukraine war had a notable impact on the buckwheat flour market, particularly due to Russia's significant role as a major producer and exporter of buckwheat. The conflict has disrupted agricultural production and supply chains in the region, leading to concerns about potential shortages and price fluctuations. Russia has traditionally been one of the world's largest producers of buckwheat, and any disruptions in its agricultural sector can ripple through global markets. The uncertainty surrounding the conflict has also led to increased volatility in commodity prices, including buckwheat flour.

By Type of Buckwheat
• Common buckwheat (Fagopyrum esculentum)
• Tartary buckwheat (Fagopyrum tartaricum)

By Nature
• Organic Buckwheat Flour
• Conventional Buckwheat Flour

By Appearance
• Light Buckwheat Flour
• Dark Buckwheat Flour

By Application
• Pancakes
• Noodles
• Galettes
• Others

By Distribution Channel
• Hypermarkets and Supermarkets
• Convenience Stores
• Online Retail
• Others

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Key Developments
• In July 2022, Kröner-Stärke introduced a new buckwheat flour product with high nutritional content and appealing sensory attributes in response to consumer demand for clean-label, sustainably derived products.
• In February 20221, Lull village, a model organic village in the dzongkhag, introduced around ten certified organic items, including spring onions, buckwheat flour, coriander, dried red chili, garlic scape, wheat flour, cauliflower, cabbage, potatoes, and various seeds.
• In August 2020, Else Nutrition GH Ltd., a Tel Aviv-based startup introduced their first product, Plant-Based Complete Nutrition for Toddlers. Almond butter, buckwheat flour, and tapioca are included in this USDA-certified organic powdered recipe, which is enhanced with more than 20 vitamins and minerals.

Competitive Landscape

The major global players in the market include Great River Organic Milling, The Kroger Co., Bob’s Red Mill Natural Foods, Dwaraka Organic, Nature's Path Foods, Ravikamal Roller Flour Mills Pvt Ltd, The Birkett Mills, Nunweiler’s Flour Co., Woodland Foods, NATURELAND ORGANICS

Why Purchase the Report?
• To visualize the global buckwheat flour market segmentation based on type of buckwheat, nature, appearance, application and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of global buckwheat flour market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global buckwheat flour market report would provide approximately 78 tables, 71 figures, and 280 Pages.

Target Audience 2024
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies