Ancient Grains Market to Witness Stunning Growth during the Forecast Period 2023-2031 | Intersnack, Yamazaki Baking, Calbee

The global ancient grains market size was US$ 1.4 billion in 2021. The global ancient grains market is forecast to grow to US$ 28.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 26.1% during the forecast period from 2022 to 2030.

Ancient grains are grains that have remained unaltered for hundreds of years. These grains have been used in the preparation of pizza, quiche, light snacks, cereals, salads, bread, etc. Amaranth and quinoa drew a lot of attention because of their gluten-free qualities. Gluten is found in other grains such as wheat, barley, and rye. Chia is also a food ingredient since it aids in satiety, prevents cardiovascular disease, inflammatory and nervous system illnesses, and diabetes, as well as adds to human nutrition.

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Factors Influencing the Market

The growing number of supermarkets offering ancient grains will drive the growth of the ancient grains market. Furthermore, the fact that the cultivation of chia, amaranth, and quinoa, require minimum effort will contribute to the growth of the ancient grains market.

Growing awareness related to the benefits of gluten-free food and beverages will offer ample growth opportunities for the ancient grains market. In addition, the wide applications of ancient grains in the cosmetics sector will fuel the growth of the ancient grains market during the study period.

The growing prevalence of diseases and rising focus on health will escalate the demand for ancient grains as these are the natural methods used to cure a variety of diseases.

Growing emphasis on smart farming techniques and growing government initiatives to adopt advanced agricultural technology will propel the ancient grains market forward. On the contrary, the high cost associated with ancient grains may restrict the market from growth during the forecast period.

COVID-19 Impact Analysis

The COVID-19 pandemic drove the attention of people toward health. As a result, people became more conscious of health and started adopting healthy practices to combat the impact of the situation. As a result, it upsurged the demand for ancient grains. However, the cultivation practices lowered due to a shortage of laborers, which restricted the market growth.

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Regional Analysis

North America is expected to hold the highest market share in the ancient grains market. The growth of the market is attributed to the continuously growing range of innovations in the market. Further, rising demand for chia, amaranth, quinoa, and gluten-free niche products will offer ample growth opportunities for the ancient grains market. Furthermore, the applications of ancient grains in the biopharmaceutical industries will offer ample growth opportunities for the ancient grains market. Apart from that, the region is well renowned for the early adoption of advanced technologies, which will stimulate the ancient grains industry's growth in the coming years.

Competitors in the Market
? Intersnack
? Yamazaki Baking
? Calbee
? Grupo Bimbo
? Kellogg
? Nestle
? Pepsico
? Premier Foods
? KP Snacks
? Other Prominent Players

Market Segmentation

The global ancient grains market segmentation focuses on Type, End-User, and Region.

By Type
? Gluten-Free Ancient Grains
? Gluten Containing Ancient Grains
By End-User
? Bakery
? Cereals
? Confectionery
? Frozen food
? Infant Formula
? Sports Nutrition
? Others

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By Region
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America

What is the goal of the report?

? The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes.
? During the forecast period, the report analyzes the growth rate, market size, and market valuation.
? The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
? The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance

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This release was published on openPR.