The Ancient Grain Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Ancient Grain Market is estimated to be USD XX.XX billion in 2016 and predicted to rise to USD XX.XX billion by 2021 with a CAGR of X.XX%. The market is segmented Market by Applications (Bakery, Confectionary, Sports Nutrition, Infant Formula, Cereals, Frozen Food and Others), by Crop Type (Gluten Free Ancient Grains and Gluten Containing Ancient Grains). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The major driver of the Ancient Grain market is the fact that consumers are shifting towards ancient grains owing to its freshness and earthy nutrition. Consumers are gradually removing heavily processed food items from their diet and looking for healthier alternatives. This along with the rising consumer awareness serves as the major driver for the market. As for the restraints of the market, the relatively higher costs and the lack of awareness in developing and underdeveloped countries are the major setbacks.
The leading category in the Ancient Grain market is the applications in the gluten free and gluten containing ancient grains. In these segments quinoa and farro have largest sales among gluten free and gluten containing ancient grains, respectively.
The Ancient Grain Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in coming years.
High investment from top players and increasing R&D spending are likely to provide ample opportunities to the industry players across regions. Key market players include Ardent Mills (U.S.), Snyder’s-Lance Inc. (U.S.), Crunchmaster Inc. (U.S.), SK Food International (U.S.), Purely Elizabeth Inc. (U.S.)., Quinoasure Inc. (U.S.), Great River Organic Milling Inc. (U.S.), Urbane Grain Inc. (U.S.), Nature’s Path Foods (Canada) and GFB Great Foods (India).
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