Roasted Wheat Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global roasted wheat market is set to expand at a value-based CAGR of 7.0%, projecting an increase in revenue from US$ 525 Mn to around US$ 860 Million by 2031.
Several key trends are shaping the market:
• High Popularity of Roasted Wheat Snacks: With an increasing demand for healthier snack options, roasted wheat snacks are gaining traction among consumers. Offering better texture and vital nutrients, flavored roasted wheat snacks are becoming favorites among health-conscious individuals.
• Rising Demand from Snacks & Convenience Food Producers: Snacks and convenience food manufacturers are incorporating roasted wheat due to its fine texture and flavor profile. This trend aligns with the changing eating habits of consumers, driving the adoption of roasted wheat in various food products.
• Innovative Roasting Techniques: Manufacturers are investing in innovative roasting technologies to enhance the quality of roasted wheat products. These advancements aim to retain the nutritional value of roasted wheat while improving product quality.
• Focus on Health and Wellness: Millennials and younger generations are increasingly focusing on health and wellness, driving demand for nutritious food products. Roasted wheat, high in calories and protein, meets the demand for healthier options among health-conscious consumers.
• Inclination Toward Multigrain Products: Multigrain products, including roasted multigrain snacks and flours, are witnessing growing popularity. Packed with nutrients and offering various health benefits, these products cater to consumer preferences for healthier snack options.
Outlook for Regional Markets
• North America and Europe: These regions dominate the global roasted wheat market, with Europe leading due to the increasing number of vegans and strong consumer demand. North America follows closely, with major market players headquartered in these regions.
• Asia Pacific: East Asia and South Asia are expected to witness significant growth, driven by the rising trend of veganism and increasing consumer awareness about health benefits.
Segmental Breakdown and Growth Expectations
• Nature Segment: Organic roasted wheat is witnessing higher demand globally, driven by the popularity of organic alcoholic beverages and plant-based diets.
Competitive Analysis
Major players in the global roasted wheat market are expanding their product portfolios and collaborating with alcoholic beverage manufacturers to meet the growing demand. Focus on industry-specific ingredients and enhancing customer satisfaction remain key strategies for market players.
• Interquell GmbH
• Castle Malting
• Thomas Fawcett & Sons Ltd
• Müller Albert Malzfabrik GmbH & Co.
• Mouterij Dingemans
• Simpsons Malt
• The Swaen
• IREKS GmbH
• Muntons plc
• Barley Agro Foods Pvt. Ltd.
Roasted Wheat Industry Research by Category
By Nature:
• Organic
• Conventional
By Form:
• Whole
• Splits
• Flour
By End Use:
• Beverages
• Bakery
• Snacks & Convenience Food
• Animal Feed
• Others
By Region:
• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa
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