Ancient Grain Market Scope
Ancient grains are the grains which are not changed from thousands of year. Also, the plants are cultivated in the same way. These are dietary staples which includes Amaranth, Millet, Khorasan wheat, Sorghum, Teff, Freekeh, Farro, Barley, and others. They contain more amount of vitamins and minerals as compared to other grains like corn, rice and modern wheat. In addition, ancient grains provides health benefits such as low risk of heart disease, better control of blood sugar, and improved digestion.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | The J.M. Smucker Co. (United States), Ardent Mills (United States), Bunge Inc. (United States), ADM (United States), Healthy Food Ingredients, LLC. (United States), Factoria Quinoa Zona Franca S.A.S (United States), Urbane Grain Inc. (United States), Nature's Path Foods (Canada), FutureCeuticals Inc. (United States) and Sunnyland Mills (United States) |
CAGR | 27.0% |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Ancient Grain market throughout the predicted period.
The J.M. Smucker Co. (United States), Ardent Mills (United States), Bunge Inc. (United States), ADM (United States), Healthy Food Ingredients, LLC. (United States), Factoria Quinoa Zona Franca S.A.S (United States), Urbane Grain Inc. (United States), Nature's Path Foods (Canada), FutureCeuticals Inc. (United States) and Sunnyland Mills (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Nature's Path Foods (Canada), FutureCeuticals Inc. (United States) and Sunnyland Mills (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Ancient Grain market by Type , by Application (Bakery & Confectionary, Infant Formula, Cereals, Beverages, Animal Feed, Frozen Food and Others) and Region with country level break-up.
On the basis of geography, the market of Ancient Grain 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In May 2018, J.M. Smucker has acquired Ainsworth Pet Nutrition, LLC which is a producer, distributor and marketer of pet foods and snack in United States.
In Augst 2023, Seeds of Change™, proudly part of Mars, introduced its new innovation called Super Grains. This latest line-up makes eating wholesome, organic meals delicious and accessible through three cuisine-based flavor varieties.
Influencing Trend:
Inclination of Consumers towards the Healthy Food
Market Growth Drivers:
Increasing popularity of ancient grains are fueling the market growth. The importers are continuously in search of new foods for changing western palettes. At first quinoa got popularity followed by barley and other grains. Since, it has various health benefits, it is contributing towards the popularity.
Challenges:
High Labor Costs and Lack of Irrigation Facilities
Restraints:
High Prices Due to Growing Consumption and Lesser Production
Opportunities:
Growing Demand for Organic and Natural Ingredients and Increased Aversion to Grain and Wheat
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations