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Global Bulgur Market Growth in the Coming Years

11-02-2017 06:11 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research

Persistence Market Research has analyzed various facts associated with bulgur market from a global standpoint and has skilfully presented them in its new research publication titled “Bulgur Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. The comprehensive research report on bulgur market covers several trends, opportunities, drivers as well as challenges or restraints that have a direct influence on the growth of the global market for bulgur. All these facets are studied across key regions in the globe and based on past and current market scenario, future market projections have been chalked in the research report that can give a clear market understanding five years down the line (from 2017 to 2025). The report covers analysis on key segments and sub segments in the market and also includes competitive scenario which reflects major companies involved in the bulgur market.

Request Sample: https://www.persistencemarketresearch.com/samples/16729

Global Bulgur Market: Forecast Analysis

The research study on global bulgur market is expected to witness expansion at a moderate scale in the years to come. The global market is estimated at about US$ 993 Mn in 2017 and is anticipated to reach a valuation of more than US$ 1 Bn by the end of the period of assessment. The global market is projected to register a moderate CAGR of 4.1% throughout the period of forecast.

Global Bulgur Market: Dynamics

Numerous factors are responsible for the growth of the global market. Factors such as increasing health concerns among population worldwide, increasing preference for Mediterranean cuisines and dishes, changing consumer preferences and tastes, changing consumer lifestyle and rising popularity of healthy food, rising consumer preference for bulgur products, growing online retail distribution channel, and increasing purchasing power of middle class is pushing the growth of the global market for bulgur. Aspects such as declining demand for wheat and wheat products, slow penetration of bulgur in several regions, less awareness about usage of bulgur in different dishes and overall less awareness among people are posing restraints to the growth of the global bulgur market.

Browse Research Report: https://www.persistencemarketresearch.com/market-research/bulgur-market.asp

Global Bulgur Market: Segmental Highlights

The global bulgur market is segmented by nature, by distribution channel, by product type, by end use and by region.

By nature, the conventional segment is expected to be the largest in terms of value share and is estimated to reach US$ 1.3 Bn by end of 2025. The organic segment is poised to show a higher pace in the coming years to register a CAGR of 5.6% during 2017-2025

By product type, the fine bulgur segment is the fastest growing segment to reflect a value CAGR of 4.8% throughout the period of forecast. The whole/coarse bulgur segment is expected to be the largest by value share and is likely to dominate the global market

By end use, the household segment is highly favorable for the growth of the global market. It is the fastest growing and a leading segment portraying an estimation of about US$ 1.2 Bn by the end of 2025

By region, Europe reflects high potential in the coming years. The bulgur market in Europe is projected to grow at a high CAGR of 4.8% during the forecast period. The Middle East and Africa region is expected to be the most lucrative segment and the market in MEA is estimated to reach US$ 857.6 Mn growing at a CAGR of 4.3% during 2017-2025

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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