Ancient Grain Market Value Share Forecast Report 2023

Posted by Shiva on November 21st, 2019

Ancient Grain Market Size and Growth Rate Analysis:

Ancient Grain Market size was reached at USD 457.35 million in 2018 and it is expected to expand at CAGR 35.50% to USD 6.3 Billion by 2024 during the forecast period 2019-2024.

There is no official definition of what ancient grains are, and most whole grains can be considered "old" because they have been around since the dawn of humanity. According to the Whole Grains Council, however, they are loosely defined as grains that have remained mostly unchanged over the last few generations. Therefore, Modern wheat would not fall into this category, but certain varieties such as Einkorn, Farro, Kamut and Spelt would fall into this category.

Ancient Grain Market Drivers and Restraints:

Drivers:

• The consumer's attraction towards superfood drives the growth of the Ancient Grain market.
• The increased aversion to grain and wheat among consumers is expected to favour the pseudo-grain market, such as amaranth and quinoa.

Restraints:

• Growing consumption and production limitations together lead to an increase in prices for pseudo-grains such as quinoa and amaranth.

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Detailed Segmentation of the Ancient Grain Market:

By Crop Type:

• Gluten Containing Ancient Grains
• Gluten-Free Ancient Grains

By Application:

• Bakery and Confectionary
• Sports Nutrition
• Infant Formula
• Cereals
• Frozen Food
• Others

Major Vendors playing key role in Ancient Grain Market:

• Ardent Mills (U.S.)
• Snyder’s-Lance Inc. (U.S.)
• Crunchmaster Inc. (U.S.)
• SK Food International (U.S.)
• Purely Elizabeth Inc. (U.S.).
• Quinoasure Inc. (U.S.)
• Great River Organic Milling Inc. (U.S.)
• Urbane Grain Inc. (U.S.)
• Nature’s Path Foods (Canada)
• GFB Great Foods (India)

The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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