What is Spelt Market?
The global Spelt market is expected to witness high growth in the forecasted period due rising demand of the organic food across the world. Spelt is also known as dinkel wheat or hulled wheat. It is a species of wheat cultivated. Its mild, nutty flavour, is a popular alternative to wheat It provides various health benefits such as improving digestive health, lowering the level of cholesterol, improving blood circulations, maintaining bone health and many others. Rising urbanizations, growing concern regarding the health among the consumers is a major driver of the global market. Eating spelt and spelt products is an excellent way to get more whole grain fiber into your diet and it can help you feel full longer, so it may be helpful when eaten as part of a weight-loss diet.
The market study is being classified by Type (Organic Spelt and Conventional Spelt), by Application (Bread & Baked Food, Wine Making, Baby Food and Other) and major geographies with country level break-up.
Archer Daniels Midlcompany (United States), Cargill (United States), Hain Celestial (United States), Doves Farm Foods (United Kingdom), Sharpham Park (United Kingdom) and Ardent Mills (United States) are some of the key players profiled in the study.
The global spelt market is fragmented. to gain the market share the key players are focusing on various strategies. The popularity of eco-friendly and organically produced ingredients is positively influencing the demand for organic spelt food. This, in turn, is encouraging numerous manufacturers to introduce organic spelt grain and organic spelt products such as organic whole grain spelt. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Spelt market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Spelt market by Type, Application and Region.
On the basis of geography, the market of Spelt has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Organic Food Spelt
- Influencing Eating Habits of the Consumers
Market Trend
- Changing Food Preferences among Customers
- High Demand due to its Nutritional Value and Health Benefits
Restraints
- Rising Concern Related to the Shortage of Spelt
Opportunities
- The Growing Demand from Emerging Market
- Upsurging Demand due to the Popularity of Eco-Friendly and Organically Produced Ingredients
Challenges
- Availability Of the Substitutes for Spelt
Key Target Audience
Spelt Manufactures, Spelt Suppliers, Spelt Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organization and Others