Press release
Grain Products Market Size, Forecast, Top Players, Trends And Growth 2023-2032
Grain Products Market Report
The Business Research Company's Grain Products Global Market Report 2023 identifies the increasing demand for local, sustainable, and organic food production as the major driver for the grain products market's growth in the forecast period. Organic food production, including organic dairy products, places a strong emphasis on consumer health, environmental protection, and animal welfare. Consumers are now becoming more concerned with how food is raised and prepared and are willing to pay a little more for something they recognize as healthy.
The global grain products market grew from $324.21 billion in 2022 to $345.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The grain products market is expected to grow to $428.24 billion in 2027 at a CAGR of 5.5%
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Major competitors in the grain products market are CJ Cheiljedang Corp, Wilmar International Ltd., Louis Dreyfus, CJ Corp, Soufflet SA, GrainCorp Malt, Gruma, S.A.B. de C.V, Nisshin Seifun Group Inc., Ingredion Incorporated, Olam International.
A key trend in the grain products market includes Near-Infrared (NIR) analyzeranalyse. NIR analyzersanalysers used in flour mills analyse wheat and flour for moisture, protein, and ash content. NIR analyzers monitor the grain in all the steps of a milling process and give real-time access to quality control parameters. This helps in minimising manufacturing errors, downtimes, and rejections, thus improving flour quality and consistency.
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The grain products market is segmented -
•By Type: Flour, Rice And Malt, Other Grain Products
•By Price Range: Premium, Mid, Low
•By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the grain products market.
The Business Research Company's "Global Grain Products Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Grain Products Market Include:
1. Executive Summary
2. Report Structure
3. Grain Products Market Characteristics
4. Grain Products Market Product Analysis
5. Grain Products Market Supply Chain
……
16. Eastern Europe Grain Products Market
17. North America Grain Products Market
18. South America Grain Products Market
19. Middle East Grain Products Market
20. Africa Grain Products Market
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