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Wheat Trends and Forecast
The future of the global wheat market looks promising with opportunities in the household, food & beverage, pharmaceutical, dietary supplement, and cosmetics & personal care markets. The global wheat market is expected to reach an estimated $860.8 million by 2030 with a CAGR of 2.6% from 2024 to 2030. The major drivers for this market are growing demand for baked goods among consumers and increasing popularity of processed foods.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Wheat by Segment
The study includes a forecast for the global wheat by type, distribution channel, application, and region.
Wheat Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Whole/Raw
• Flour
• Others
Wheat Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Supermarket/Hypermarket
• Grocery Stores
• Wholesalers
• E-Commerce Platform
Wheat Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Household
• Food & Beverages
• Pharmaceutical
• Dietary Supplements
• Cosmetics & Personal Care
• Others
Wheat Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Wheat Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wheat companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wheat companies profiled in this report include-
• Farmers Grain Company
• Wudeli Flour Mill Group
• Ardent Mills
• Archer Daniels Midland
• General Mills
Wheat Market Insights
Lucintel forecasts that whole/raw is expected to witness the higher growth over the forecast period.
Within this market, food & beverage will remain the largest segment due to growing adoption of processed foods.
APAC is expected to witness highest growth over the forecast period due to growing population and increased consumption of wheat to produce various products.
Features of the Global Wheat Market
Market Size Estimates: Wheat market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wheat market size by type, distribution channel, application, and region in terms of value ($M).
Regional Analysis: Wheat market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, distribution channels, applications, and regions for the wheat market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wheat market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the wheat market size?
Answer: The global wheat market is expected to reach an estimated $860.8 million by 2030.
Q2. What is the growth forecast for wheat market?
Answer: The global wheat market is expected to with a CAGR of 2.6% from 2024 to 2030 .
Q3. What are the major drivers influencing the growth of the wheat market?
Answer: The major drivers for this market are growing demand for baked goods among consumers and increasing popularity of processed foods.
Q4. What are the major segments for wheat market?
Answer: The future of the wheat market looks promising with opportunities in the household, food & beverage, pharmaceutical, dietary supplement, and cosmetics & personal care markets.
Q5. Who are the key wheat market companies?
Answer: Some of the key wheat companies are as follows:
• Farmers Grain Company
• Wudeli Flour Mill Group
• Ardent Mills
• Archer Daniels Midland
• General Mills
Q6. Which wheat market segment will be the largest in future?
Answer: Lucintel forecasts that whole/raw is expected to witness the higher growth over the forecast period.
Q7. In wheat market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing population and increased consumption of wheat to produce various products.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the wheat market by type (whole/raw, flour, and others), distribution channel (supermarket/hypermarket, grocery stores, wholesalers, and e-commerce platform), application (household, food & beverages, pharmaceutical, dietary supplements, cosmetics & personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Wheat Market, Wheat Market Size, Wheat Market Growth, Wheat Market Analysis, Wheat Market Report, Wheat Market Share, Wheat Market Trends, Wheat Market Forecast, Wheat Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Wheat Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Wheat Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Wheat Market by Type
3.3.1: Whole/Raw
3.3.2: Flour
3.3.3: Others
3.4: Global Wheat Market by Distribution Channel
3.4.1: Supermarket/Hypermarket
3.4.2: Grocery Stores
3.4.3: Wholesalers
3.4.4: E-Commerce Platform
3.5: Global Wheat Market by Application
3.5.1: Household
3.5.2: Food & Beverages
3.5.3: Pharmaceutical
3.5.4: Dietary Supplements
3.5.5: Cosmetics & Personal Care
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Wheat Market by Region
4.2: North American Wheat Market
4.2.2: North American Wheat Market by Application: Household, Food & Beverages, Pharmaceutical, Dietary Supplements, Cosmetics & Personal Care, and Others
4.3: European Wheat Market
4.3.1: European Wheat Market by Type: Whole/Raw, Flour, and Others
4.3.2: European Wheat Market by Application: Household, Food & Beverages, Pharmaceutical, Dietary Supplements, Cosmetics & Personal Care, and Others
4.4: APAC Wheat Market
4.4.1: APAC Wheat Market by Type: Whole/Raw, Flour, and Others
4.4.2: APAC Wheat Market by Application: Household, Food & Beverages, Pharmaceutical, Dietary Supplements, Cosmetics & Personal Care, and Others
4.5: ROW Wheat Market
4.5.1: ROW Wheat Market by Type: Whole/Raw, Flour, and Others
4.5.2: ROW Wheat Market by Application: Household, Food & Beverages, Pharmaceutical, Dietary Supplements, Cosmetics & Personal Care, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Wheat Market by Type
6.1.2: Growth Opportunities for the Global Wheat Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Wheat Market by Application
6.1.4: Growth Opportunities for the Global Wheat Market by Region
6.2: Emerging Trends in the Global Wheat Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Wheat Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Wheat Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Farmers Grain Company
7.2: Wudeli Flour Mill Group
7.3: Ardent Mills
7.4: Archer Daniels Midland
7.5: General Mills
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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