What is Global Ancient Grain Market?
The Global Ancient Grain Market is a vast and dynamic sector that focuses on the production, distribution, and consumption of ancient grains. These grains, often referred to as "superfoods," are types of grains that have been cultivated and consumed by humans for thousands of years. They include grains like quinoa, amaranth, millet, and spelt, among others. Unlike modern grains, ancient grains are typically grown in small quantities and are not genetically modified, making them a popular choice among health-conscious consumers. The market for these grains is global, meaning they are produced, sold, and consumed all over the world. However, the market is not uniform; different regions have different preferences and consumption patterns.
Gluten Free Ancient Grain, Gluten Containing Ancient Grain in the Global Ancient Grain Market:
The Global Ancient Grain Market is divided into two main segments: Gluten Free Ancient Grain and Gluten Containing Ancient Grain. Gluten Free Ancient Grain includes grains like quinoa, amaranth, and millet, which are naturally gluten-free and are popular among people with gluten intolerance or celiac disease. On the other hand, Gluten Containing Ancient Grain includes grains like spelt and kamut, which contain gluten but are still considered healthier than modern grains due to their high nutrient content and lack of genetic modification. The market for Gluten Containing Ancient Grain is larger, accounting for about 70% of the total market. However, the Gluten Free Ancient Grain segment is growing rapidly due to increasing awareness about gluten intolerance and the health benefits of gluten-free diets.
Bakery and Confectionery Products, Snacks, Direct Eating, Others in the Global Ancient Grain Market:
The Global Ancient Grain Market caters to various sectors, including Bakery and Confectionery Products, Snacks, Direct Eating, and Others. Bakery and Confectionery Products are the largest consumers of ancient grains, as these grains are often used to make healthier alternatives to traditional baked goods and sweets. Snacks are another major consumer, with ancient grains being used to make everything from granola bars to popcorn. Direct Eating, or the consumption of ancient grains as a main dish or side dish, is also a significant part of the market. Other uses of ancient grains include their use in beverages, supplements, and animal feed.
Global Ancient Grain Market Outlook:
The Global Ancient Grain Market is a growing and profitable sector. In 2022, the market was valued at US$ 57270 million and is expected to reach US$ 88870 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.4% from 2023 to 2029. This growth is driven by increasing consumer awareness about the health benefits of ancient grains and the rising popularity of gluten-free diets. Despite the market's size and growth, it is still relatively concentrated, with the top three players holding only about 10% of the market share. This suggests that there is plenty of room for new entrants and competition in the market.
| Report Metric | Details |
| Report Name | Ancient Grain Market |
| Accounted market size in 2022 | US$ 57270 in million |
| Forecasted market size in 2029 | US$ 88870 million |
| CAGR | 6.4% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Consumption by Region |
|
| By Company | The J.M. Smucker Co., Ardent Mills, Bunge Inc., ADM, Healthy Food Ingredients, LLC., Factoria Quinoa Zona Franca S.A.S., Urbane Grain Inc., Nature's Path Foods, FutureCeuticals Inc., Sunnyland Mills, Manini's, LLC |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
