Buckwheat Products Market

Global Buckwheat Products Market Size (2024 to 2029)

The global buckwheat products market is expected to grow at a CAGR of 3.5% from 2024 to 2029 and be worth from USD 45.47 billion in 2024 to USD 54.01 billion in 2029

Fagopyrum esculentum, commonly known as buckwheat, is basically grain-like, but is actually a grain-like seed and is grown primarily in China in the Asia-Pacific region, followed by Russia and Eastern Europe. It is widely consumed by people and used as an ingredient in animal feed for many decades. Buckwheat contains a flavonoid called rutin that strengthens blood vessels. Rutin has been identified as vitamin P and is known for its ability to strengthen blood vessels and maintain elasticity. The utilization of buckwheat is fluctuated and is a significant item in enhancements that expect to forestall messes related with maturing veins, for example, hypertension, myocardial dead tissue, atherosclerosis, and stroke. Other benefits of buckwheat extract include improving digestion, boosting immunity and bone health, etc. It is also used as an alternative to rice by many consumers. Organic buckwheat porridge is in high demand in developed countries and demand is increasing in emerging countries, due to a large number of health benefits of buckwheat porridge.

Buckwheat Products Market Drivers and Restraints

Increasing prevalence of varicose vein conditions worldwide for various reasons, including factors of age, obesity, pregnancy, and standing and sitting cross-legged for a longer period. Buckwheat is also known to help treat cardiovascular disease, control diabetes, obesity, and arthritis, which is another factor driving the growth of the market. The increasing geriatric population, increasing incidence of sports-related injuries, bone density problems, and deficiencies of several essential minerals, vitamins, and fats due to unhealthy lifestyles and hectic work schedules are additional factors leading to various chronic musculoskeletal problems. Buckwheat is known to play a crucial role in the treatment of the earlier conditions, which is believed to further promote the developments in the international market to a large extent.The decline in buckwheat production, the availability of low-quality or adulterated buckwheat, and buckwheat as a potential allergen for some people are some of the factors that could slow down market growth. Additionally, high-quality buckwheat is expensive, which can also hamper the market growth. The absence of information about buckwheat and its advantages and the accessibility of other superfoods could hamper business development to some extent.

Impact of Covid-19 On Buckwheat Products Market

The Buckwheat Products Market Report looks at the impact of the coronavirus on the buckwheat products industry. Since the COVID-19 outbreak in December 2019, the disease has spread to more than 180 countries around the world and the World Health Organization has declared it a public health emergency. The impacts of the coronavirus are found in almost all industries around the world, including the buckwheat products business in 2020. The COVID-19 pandemic has affected many aspects, such as flight cancellations; travel bans and quarantines; closed restaurants; all indoor events are restricted; declared emergency in many countries; a massive drop in the supply chain; the unpredictability of the stock market; a decrease in commercial insurance, increase in public panic and uncertainty about the future.

REPORT COVERAGE

SEGMENTAL ANALYSIS 

Buckwheat Products Market By Application

The food and beverages segment is likely to record the higher market share and in the following years. The income commitment of the cosmetics section is relied upon to develop at an inexorably fast rate throughout the following 10 years, because of the developing interest for makeup dependent on normal ingredients. The cosmetic uses for buckwheat extract are in glitter powder, face masks, and more. These derived uses are attributed to antioxidant properties and are of interest to a significant proportion of the population. For this reason, the global buckwheat products market is expected to achieve favorable growth in the near future.

Buckwheat Products Market By Form

Among the product types currently available, the roasted buckwheat type segment is expected to record a large share of revenue as it is mostly preferred for home use, and the roasting process extends the shelf life of the product.

REGIONAL ANALYSIS 

North America holds a large part of t  he global buckwheat products market, due to the diet-conscious population in the United States and Canada. The United States imports a large quantity of organic buckwheat porridge to meet the country's demand. Europe has followed North America in terms of demand for buckwheat products in recent years. The Asia-Pacific region is also an important contributor to the global buckwheat products market, but demand is supposed to grow at a rapid pace during the outlook period. The growing awareness of the population and the health of the young population of emerging countries such as China and India is likely to boost the buckwheat products market during the foreseen period. Latin America ranks after the Asia-Pacific market in terms of demand for buckwheat products, while the Middle East and Africa contribute a small share of the world market.

KEY PLAYERS IN THE GLOBAL BUCKWHEAT PRODUCTS MARKET

The global buckwheat products market is concentrated with well-established players. Key players in the market include Homestead Organics, Birkett Mills, Galinta IR Partneriai, Wels Ltd., Krishna India, Ningxia Newfield Foods Co. Ltd, Ladoga LLC, UA Global Inc, Sichuan Huantai Industrial Co., Ltd and Jinan Jinnuoankang Biotech Co., Ltd

RECENT HAPPENINGS IN THE MARKET

1. The impact of an in vitro procedure that mimics the physicochemical changes that occur in gastric and small intestine digestion on the antioxidant capacity and bioaccessibility of phenolic compounds in 16 types of buckwheat enriched wheat bread was evaluated.

2. The tartar buckwheat grains were subjected to hydrothermal treatments (steam/ boiling/autoclaving) whose effects on the routine enrichment of buckwheat flour by routine migration of the bran fraction were studied in terms of optical, rheological properties, thermal and microstructural.

3. In buckwheat flour, degradation and oxidation of lipids are the main causes of quality deterioration. On the other hand, it is believed that some aromatic compounds are generated by lipid degradation, and the oxidation pathway, called the lipoxygenase pathway, is important to them in some cultures

DETAILED SEGMENTATION OF THE GLOBAL BUCKWHEAT PRODUCTS MARKET INCLUDED IN THIS REPORT

This research report on the global buckwhest products market has been segmented and sub-segmented based on application, form , disgtribution channels and region.​​​​​​​

By Application

• Food and Beverages

• Cosmetics

• Textile

• Others​​​​​​​

By Form

• Unhulled Buckwheat

• Raw Buckwheat

• Roasted Buckwheat​​​​​​​

By Distribution Channels                        

• Retail Stores           

• Supermarkets        

• Hypermarkets       

• e-retailers

​​​​​​​By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle-East & Africa

​​​​​​​