Global Wheat Market 2024-2028
The wheat market is forecasted to grow by USD 73.16 bn during 2023-2028, accelerating at a CAGR of 4.54% during the forecast period. The report on the wheat 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing vegan population, increasing adoption of healthy eating habits, and increasing global production of wheat-based items.
Technavio's wheat market is segmented as below:
By Application
By Type
- Hard red winter
- Hard red spring
- Soft red winter
- Others
By Geographical Landscape
- APAC
- Europe
- Middle East and Africa
- North America
- South America
This study identifies the expansion of retail stores offering organic wheat-based supplements as one of the prime reasons driving the wheat market growth during the next few years. Also, increasing use of wheat in bakeries and confectionery and advancements in agriculture will lead to sizable demand in the market.
The report on the wheat market covers the following areas:
- Wheat market sizing
- Wheat market forecast
- Wheat market industry analysis
The 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 wheat market vendors that include Adecoagro, Aliya Trading S.L., Allied Pinnacle Pty Ltd., Ambika Enterprises, Aryan International, Buhler AG, Bunge Ltd., Cargill Inc., COFCO Corp., GrainCorp Ltd., Hari Om Industries, ITC Ltd., Louis Dreyfus Co. BV, MGS Foods Corp., Pankaj Agro Processing Pvt. Ltd., Shree Navshakti Flour Mills, Shri Mahavir Group, Shyali Products Pvt. Ltd., The Scoular Co., and The Soufflet Group. Also, the wheat 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.
The publisher 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 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 research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.