Press release
Plant-Based Diets Drive Growth In Staple Food Market: A Significant Driver Propelling The Staple Food Market In 2025
Staple Food
What Is the Staple Food Market Size and Projected Growth Rate?
The staple food market has shown strong growth in recent years. It is forecasted to grow from $1,728.79 billion in 2024 to $1,853.38 billion in 2025, reflecting a CAGR of 7.2%. This growth can be attributed to advancements in agricultural practices, population increases, the green revolution, and higher investments in agriculture.
The staple food market is expected to see strong growth, reaching $2424.49 billion by 2029 at a CAGR of 6.9%. Growth factors include plant-based diet popularity, e-commerce growth, sustainable sourcing demand, and rising interest in organic staples. Notable trends include eco-friendly farming, agricultural tech innovations, plant-based food systems, organic/non-GMO demand, and precision farming.
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What Are the Major Segments in the Staple Food Market?
The staple food market covered in this report is segmented -
1) By Product : Cereals, Sugar, Roots And Tuber, Fruit, Vegetables, Oil, Other Products
2) By Nature: Organic, Conventional
3) By Distribution Channel: Wholesale Distributors, Online Retailers, Other Distribution Channels, Direct-to-Consumer (D2C), Retail Stores
Subsegments:
1) By Cereals: Rice, Wheat, Maize, Barley, Oats
2) By Sugar: Refined Sugar, Raw Sugar, Brown Sugar, Molasses
3) By Roots and Tuber: Potatoes, Cassava, Sweet Potatoes, Yams
4) By Fruit: Bananas, Apples, Citrus Fruits, Mangoes
5) By Vegetables: Leafy Greens (Spinach, Kale), Tomatoes, Onions, Carrots
6) By Oil: Vegetable Oils, Palm Oil, Olive Oil, Coconut Oil
7) By Other Products: Legumes, Pulses, Nuts And Seeds
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What Are The Driving Staple Food Market Evolution?
The growing popularity of plant-based diets is likely to drive the staple food market. As people become more aware of health, environmental, and ethical issues, plant-based diets are gaining popularity. Staple foods such as grains and legumes are central to plant-based diets, promoting better nutrition and sustainability. The Good Food Institute's 2023 report highlighted the growing plant-based food market, which further supports the demand for staple foods.
Which Firms Dominate The Staple Food Market Segments?
Major companies operating in the staple food market are Cargill Incorporated, Nestle S.A., Archer-Daniels-Midland Company, Pepsico Inc., JBS S.A., Unilever PLC, AB InBev, Mars Incorporated, Coca-Cola Company, Mondelez International Inc., Danone S.A., Kraft Heinz Company, Diageo PLC, The Kellogg Company, ITC Limited, Adani Wilmar Ltd., General Mills Inc., Alliance Grain Traders (AGT) Food and Ingredients Inc., Saskcan Pulse Trading, Soylent Nutrition Inc., True Made Foods
What Are the Major Trends Shaping the Staple Food Market?
In the staple food market, companies are innovating to cater to the demand for convenient and nutritious meals. For example, Kellogg Company, a US-based food company, launched Instabowls in September 2022. These portable breakfast solutions allow consumers to create instant milk by adding cold water, offering a convenient way to enjoy cereals like Frosted Flakes and Froot Loops without the need for milk.
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Which Is The Largest Region In The Staple Food Market?
Asia-Pacific was the largest region in the staple food market in 2024. The regions covered in the staple food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Staple Food Market?
2. What is the CAGR expected in the Staple Food Market?
3. What Are the Key Innovations Transforming the Staple Food Industry?
4. Which Region Is Leading the Staple Food Market?
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