Wheat market size to grow at a CAGR of 4.08% by 2027, Growth led by Acarsan Holding, Adecoagro among others - Technavio

NEW YORK, Feb. 20, 2023 /PRNewswire/ -- Technavio categorizes the global wheat market as estimated to increase by USD 47.89 billion from 2022 to 2027. The market's growth momentum will accelerate at a CAGR of 4.08%. The report includes historic market data from 2017 to 2021. In 2017, the information services market was valued at USD 181.94 billion. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Discover some insights on market size before buying the full report - Request a sample report

Wheat market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Wheat market – Vendor Analysis

Vendor Landscape - A few prominent vendors that offer wheat in the market are Acarsan Holding, Adecoagro, AGRANA Beteiligungs AG, Archer Daniels Midland Co., Ardent Mills LLC, Bay State Milling Co., Cargill Inc., Farmers Mill Ltd., General Mills Inc., GrainCorp., Hodgson Mill, Kazcrop., Kerry Group Plc, KORFEZ Flour Mills, Manildra Flour Mills Pty. Ltd., Mennel Milling, MGP Ingredients Inc., Roquette Freres SA, Tate and Lyle Plc, and Tereos Group and others.

The global wheat market is fragmented, with the presence of several global as well as regional vendors. The vendors are adopting organic and inorganic growth strategies to compete in the market.

Vendor Offerings -

• Adecoagro: The company offers wheat and related products such as wheat.
• AGRANA Beteiligungs AG: The company offers wheat and related products such as Organic Vital wheat gluten.
• Archer Daniels Midland Co.: The company offers wheat and related products such as Wheat protein isolate namely Prolite 100.
• Ardent Mills LLC: The company offers wheat and related products such as whole wheat flour.
• For details on vendors and their offerings – Buy the report!

Wheat market - Segmentation Assessment
Segment Overview

Technavio has segmented the market based on application (human and feed) and type (hard red winter, hard red spring, soft red winter, and others).

• The human segment will account for a significant share of the market's growth during the forecast period. Being the primary source of carbohydrates, wheat contains significant levels of a variety of nutrients that are essential or beneficial to health, most notably protein, vitamins, soluble fiber, and phytochemicals. As a result, wheat-based foods are consumed in many countries around the world, as well as by food processing industries for the manufacturing of products such as refined wheat flour (all-purpose flour), pasta, noodles, and beverages, such as wheat beer, malted milk, and others. Thus, increased demand for wheat-based food products from consumers, in addition to their health advantages, is expected to boost the growth of the global wheat market during the forecast period.

Geography Overview
By geography, the global wheat market is segmented into APAC, Europe, Middle East and Africa, North America, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global wheat market.

• The APAC segment will account for a significant share of the market's growth during the forecast period. The demand for wheat in the region is expected to increase as consumers become more aware of the health benefits of consuming wheat-based protein supplements. To meet the growing demand for wheat protein, we offer processed, low-cholesterol, wheat-based protein products both online and offline. 

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Wheat market – Market Dynamics
Leading Drivers - The growing vegan population is especially driving the growth of the market. As awareness of the various health benefits of a vegan diet grows, the number of people adopting a vegan lifestyle is increasing worldwide. numbers are estimated to be increasing, and this trend is more common among millennials. Products made from living organisms (non-GMO) are also available in a variety of forms, providing customers with a variety of product choices. Market sellers have the opportunity to innovate to expand their product offerings. Such factors increase the demand for wheat-based protein supplements, further propelling the market growth during the forecast period.

Key Trends - The expansion of retail outlets offering organic wheat-based supplements is an emerging trend in the market. Store expansion could lead to increased sales of wheat and wheat-based products which are offered to end users in various stores. For example, in January 2021, India-based international multi-channel food and grocery retailer More Retail Private Limited announced plans to build 300 supermarkets and hypermarkets across India over the next three years. Therefore, a significant increase in the expansion of retail outlets offering wheat products likely to drive the growth of the global wheat market during the forecast period.

Major challenges - Strict food safety regulations by governments and agencies of various countries are one of the challenges to global market growth. These rules apply to new wheat products,  new entrants, product specifications, sales, marketing, and advertising. For example, in the United States, the United States Department of Agriculture (USDA) administers the National Organic Program (NOP) and enforces regulations and standards. According to U.S. regulations, labeling packaged food as an organic ingredient is only permitted if the ingredients correspond to the organic label and the packaged food contains at least 70% organic ingredients. Therefore, similar regulations in different countries are likely to affect the growth of the global wheat market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this wheat market report?

• CAGR of the market during the forecast period.
• Detailed information on factors that will drive the growth of the wheat market between 2023 and 2027
• Precise estimation of the size of the wheat market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Wheat Market industry across APAC, Europe, Middle East and Africa, North America, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of wheat market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global wheat market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global wheat market 2017 - 2021 ($ billion)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Human - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Human - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Human - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Human - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Human - Year-over-year growth 2022-2027 (%)

• 6.4 Feed - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Feed - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Feed - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Feed - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Feed - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Hard red winter - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Hard red winter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Hard red winter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Hard red winter - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Hard red winter - Year-over-year growth 2022-2027 (%)

• 7.4 Hard red spring - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Hard red spring - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Hard red spring - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Hard red spring - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Hard red spring - Year-over-year growth 2022-2027 (%)

• 7.5 Soft red winter - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Soft red winter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Soft red winter - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Soft red winter - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Soft red winter - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Type 
• Exhibit 63: Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.6 North America - Market size and forecast 2022-2027 
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 India - Market size and forecast 2022-2027 
• Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.10 Russia - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on Russia - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Russia - Year-over-year growth 2022-2027 (%)

• 9.11 US - Market size and forecast 2022-2027 
• Exhibit 101: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.12 Pakistan - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Pakistan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on Pakistan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on Pakistan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Pakistan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Adecoagro
• Exhibit 116: Adecoagro - Overview
• Exhibit 117: Adecoagro - Business segments
• Exhibit 118: Adecoagro - Key offerings
• Exhibit 119: Adecoagro - Segment focus

• 12.4 AGRANA Beteiligungs AG 
• Exhibit 120: AGRANA Beteiligungs AG - Overview
• Exhibit 121: AGRANA Beteiligungs AG - Business segments
• Exhibit 122: AGRANA Beteiligungs AG - Key offerings
• Exhibit 123: AGRANA Beteiligungs AG - Segment focus

• 12.5 Archer Daniels Midland Co. 
• Exhibit 124: Archer Daniels Midland Co. - Overview
• Exhibit 125: Archer Daniels Midland Co. - Business segments
• Exhibit 126: Archer Daniels Midland Co. - Key offerings
• Exhibit 127: Archer Daniels Midland Co. - Segment focus

• 12.6 Ardent Mills LLC
• Exhibit 128: Ardent Mills LLC - Overview
• Exhibit 129: Ardent Mills LLC - Product / Service
• Exhibit 130: Ardent Mills LLC - Key offerings

• 12.7 Bay State Milling Co. 
• Exhibit 131: Bay State Milling Co. - Overview
• Exhibit 132: Bay State Milling Co. - Product / Service
• Exhibit 133: Bay State Milling Co. - Key offerings

• 12.8 Cargill Inc.
• Exhibit 134: Cargill Inc. - Overview
• Exhibit 135: Cargill Inc. - Product / Service
• Exhibit 136: Cargill Inc. - Key news
• Exhibit 137: Cargill Inc. - Key offerings

• 12.9 General Mills Inc.
• Exhibit 138: General Mills Inc. - Overview
• Exhibit 139: General Mills Inc. - Business segments
• Exhibit 140: General Mills Inc. - Key news
• Exhibit 141: General Mills Inc. - Key offerings
• Exhibit 142: General Mills Inc. - Segment focus

• 12.10 GrainCorp.
• Exhibit 143: GrainCorp. - Overview
• Exhibit 144: GrainCorp. - Business segments
• Exhibit 145: GrainCorp. - Key offerings
• Exhibit 146: GrainCorp. - Segment focus

• 12.11 Kerry Group Plc
• Exhibit 147: Kerry Group Plc - Overview
• Exhibit 148: Kerry Group Plc - Business segments
• Exhibit 149: Kerry Group Plc - Key offerings
• Exhibit 150: Kerry Group Plc - Segment focus

• 12.12 Manildra Flour Mills Pty. Ltd. 
• Exhibit 151: Manildra Flour Mills Pty. Ltd. - Overview
• Exhibit 152: Manildra Flour Mills Pty. Ltd. - Product / Service
• Exhibit 153: Manildra Flour Mills Pty. Ltd. - Key offerings

• 12.13 Mennel Milling
• Exhibit 154: Mennel Milling - Overview
• Exhibit 155: Mennel Milling - Product / Service
• Exhibit 156: Mennel Milling - Key offerings

• 12.14 MGP Ingredients Inc.
• Exhibit 157: MGP Ingredients Inc. - Overview
• Exhibit 158: MGP Ingredients Inc. - Product / Service
• Exhibit 159: MGP Ingredients Inc. - Key offerings

• 12.15 Roquette Freres SA
• Exhibit 160: Roquette Freres SA - Overview
• Exhibit 161: Roquette Freres SA - Product / Service
• Exhibit 162: Roquette Freres SA - Key offerings

• 12.16 Tate and Lyle Plc
• Exhibit 163: Tate and Lyle Plc - Overview
• Exhibit 164: Tate and Lyle Plc - Business segments
• Exhibit 165: Tate and Lyle Plc - Key news
• Exhibit 166: Tate and Lyle Plc - Key offerings
• Exhibit 167: Tate and Lyle Plc - Segment focus

• 12.17 Tereos Group
• Exhibit 168: Tereos Group - Overview
• Exhibit 169: Tereos Group - Business segments
• Exhibit 170: Tereos Group - Key offerings
• Exhibit 171: Tereos Group - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

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