Global Spelt Market 2022-2026

Global Spelt Market 2022-2026

Technavio has been monitoring the spelt market and it is poised to grow by $15.29 bn during 2022-2026, accelerating at a CAGR of 4.75% during the forecast period. Our report on the spelt market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by changes in food preferences among consumers, increasing use of spelt as a substitute for other grains, and increasing awareness of the health benefits of spelt.

The spelt market analysis includes the product segment and geographic landscape.

Technavio's spelt market is segmented as below:

By Product

• Conventional spelt
• Organic spelt

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the growing adoption of e-commerce channels as one of the prime reasons driving the spelt market growth during the next few years. Also, the rising demand for organic food and the growing food and beverage industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the spelt market covers the following areas:

• Spelt market sizing
• Spelt market forecast
• Spelt market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spelt market vendors that include Archer Daniels Midland Co., Ardent Mills LLC, Bunge Ltd., Cargill Inc., CHS Inc., Doves Farm Foods Ltd. Co., Goodman Fielder Pty Ltd., Hormel Foods Corp., JBS SA, Kerry Group Plc, Marico Ltd., Nestle SA, PepsiCo Inc., Sharpham Park, Sysco Corp., The Hain Celestial Group Inc., Tyson Foods Inc., and Marubeni Corp. Also, the spelt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.