Press release
Grain Products Market Report 2023: Comprehensive Research Study By Key Players: CJ Cheiljedang Corp, Wilmar International Ltd., Louis Dreyfus, CJ Corp
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Grain Products Global Market Report 2023 the organic products acts as the major driver for the grain products market's growth in the forecast period. For instance, in June 2022, the Organic Trade Association, a US-based trade association representing over 9,500 organic businesses, between the years 2020 and 2021, organic sales increased by 2% surpassing $ 63 billion as compared to previous years. Additionally, the sales of organic dairy products and eggs remained largely unchanged through 2021, but they still surpassed 2019 sales by about 11%.
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 include 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 the a near-infrared (NIR) analyzeranalyser. NIR analyzers monitor the grain in all the steps of a milling process and give real-time access to quality control parameters.
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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
• Subsegments Covered: Flour, Rice, Malt
• 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. Grain Products Market Characteristics
3. Grain Products Market Trends And Strategies
4. Grain Products Market - Macro Economic Scenario
5. Grain Products Market Size And Growth
……………
27. Grain Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Grain Products Market
29. Grain Products Market Future Outlook And Potential Analysis
30. Appendix
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