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Comprehensive 2025 Staple Food Market Overview: Trends, Forecasts, and Growth Drivers
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Staple Food Market Through 2025?
The market size for staple foods has experienced robust growth over the recent years. It is projected to expand from a value of $1728.79 billion in 2024 to $1853.38 billion in 2025, showcasing a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period was driven by numerous factors including enhancements in agricultural practices, growth in population, colonial expansion, the Green Revolution, and an uptick in agricultural investments.
What's the Projected Size of the Global Staple Food Market by 2029?
It is projected that the staple food market will experience substantial growth in the forthcoming years, reaching a value of $2424.49 billion in 2029, reflecting a compound annual growth rate (CAGR) of 6.9%. Factors contributing to this predicted growth during the forecast period include the growing trend of plant-based diets, e-commerce expansion, increased demand for food from sustainable sources, and shifting consumer lifestyle habits. The period is also expected to witness the promotion of sustainable farming techniques, advancements in agri-tech, the emergence of novel plant-based systems, and a heightened demand for organic and non-GMO staple foods, along with the implementation of precision agriculture and smart farming solutions.
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Top Growth Drivers in the Staple Food Industry: What's Accelerating the Market?
Staple food markets are predicted to expand due to the growing trend of plant-based diets. Such diets, which focus on plant-derived foods like vegetables, fruits, nuts, seeds, oils, whole grains, legumes, and beans, are gaining popularity because of their health benefits, environmental impact, and considerations around animal welfare. As grains, legumes, and vegetables become more important in these diets, they contribute to an increase in dietary nutrition, support for sustainable farming, reduction of reliance on high-resource animal farming, and enhancement of environmental sustainability. For example, the Good Food Institute, a nonprofit organization based in the US, projects that sales in the plant-based food market will rise from 7.78 billion in 2021 to 8.24 billion in 2022. Thus, the rising interest in plant-based diets is driving the staple food market's growth.
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What Trends Will Shape the Staple Food Market Through 2029 and Beyond?
Prominent companies in the staple food market are introducing unique items like Instabowls to meet the rising demand for simple, instant, and nutritious eating options. Instabowls is a fresh product range created to offer a handy and transportable breakfast alternative for hectic consumers. In September 2022, for example, the American food firm Kellogg Company revealed Instabowls, a groundbreaking cereal innovation that provides a solution for creating instant milk by simply adding cold water inside the bowl. Instabowls come in four classic Kellogg cereal flavors, including Frosted Flakes, Froot Loops, Apple Jacks, and Raisin Bran Crunch. This creative solution targets the widespread problem of finding milk while in motion, making it simpler for consumers to devour their preferred cereals no matter where they are or what time it is.
What Are the Main 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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Which Top Companies are Driving Growth in the Staple Food Market?
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
Which Regions Will Dominate the Staple Food Market Through 2029?
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.
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