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Latin America Ancient Grain 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) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 4603
Pages: 147
Formats: report pdf report excel report power bi report ppt

Latin America Ancient Grain Market Size, Share, Growth (2022-2027)

Latin America Ancient Grain Market was estimated to be growing at a CAGR of 37.5% in a given forecast period.

Latin America Ancient Grain Market Overview

Ancient grains refer to the group of grains and pseudo-cereals which have remained largely unchanged from their domesticated varieties. They have recently come into relevance due to their health benefits and richness in proteins. As for marketing, ancient grains are claimed to be healthier than their modern counterparts. Ancient grains include the grains Khorasan wheat (Kamut), millet, barley, teff, oats, Farro, einkorn,  freekeh, bulgur, sorghum, and emmer; and the pseudocereals quinoa, amaranth, buckwheat, and chia. Even modern wheat is a hybrid descendant of three wheat varieties which are considered to be ancient grains: spelt, einkorn, and emmer.

Latin America Ancient Grain Market Growth

The major factor affecting the Ancient Grain market is the fact that consumers are shifting towards ancient grains owing to their freshness and earthy nutrition. Consumers are gradually removing heavily processed food items from their diet and looking for healthier alternatives. This along with 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.

Latin America Ancient Grain Market Segmentation:

by Applications

  • Bakery

  • Confectionary

  • Sports Nutrition

  • Infant Formula

  • Cereals

  • Frozen Food

based on Crop Type

  • Gluten Free Ancient Grains

  • Gluten Containing Ancient Grains

Regional Analysis

  • Argentina

  • Brazil

  • Mexico

The Latin American region is one that offers immense scope for development in the forecast years as is evident from the high growth rate of the region. Inspite of having only a minor market share, the CAGR of the region is the second highest globally only behind Asia-Pacific. This market is one that shows promise in the coming years.

Latin America Ancient Grain Market Major Players

  1. Ardent Mills (U.S.)

  2. Snyder’s-Lance Inc. (U.S.)

  3. Crunchmaster Inc. (U.S.)

  4. SK Food International (U.S.)

  5. Purely Elizabeth Inc. (U.S.).

  6. Quinoasure Inc. (U.S.)

  7. Great River Organic Milling Inc. (U.S.)

  8. Urbane Grain Inc. (U.S.)

  9. Nature’s Path Foods (Canada)

  10. GFB Great Foods (India)

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