Report

Global Spelt Wheat Market Size study & Forecast, by Nature (Organic and Conventional), End User (Food Industry and Feed Industry), and Distribution Channel (Direct and Indirect) and Regional Analysis, 2022-2029

  • Publish Date: Feb,2023
  • Report ID: 3-5-1692
  • Page : 200
  • Report Type : PDF (Email)
Global Spelt Wheat Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Spelt Wheat also known as dinkel wheat or hulled wheat is an ancient cereal grain native to southern Europe. Spelt wheat is considered healthier than other conventional wheat species. Spelt Wheat are considered good source of essential amino acids, vitamins, and minerals such as iron, manganese, and zinc among others. The increasing consumption of bread & cereals products and growing demand from brewery industry as well as nutritional benefits associated with Spelt wheat are key factors accelerating the market growth.

The increasing consumption of bread & cereals products is contributing to the growth of the Global Spelt Wheat Market. For instance, according to Statista - as of 2022, revenue in the Bread & Bakery Products segment worldwide is estimated at USD 1,085 billion, and the market is projected to grow annually by 7.70% (CAGR 2022-2027) to reach to USD 1572.20 billion by end of 2027. In addition, in 2022 globally most revenue is generated in China (USD 231.90 billion), and average volume per person in the Bread & Bakery Products segment is expected to amount to 142.7kg. Also, rising investment in food processing industry and growing number of health-conscious individuals would create lucrative growth prospectus for the market over the forecast period. However, the supply demand gap arising due to shortage of Spelt Wheat stifles the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Spelt Wheat Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players operating in the Spelt Wheat space and the region being the origin and highest producer of Spelt Wheat. Whereas North America is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising consumption of cereal based bread and bakery products coupled with increasing popularity of plant based food & beverage products in the region.

Major market players included in this report are:

Arnreiter Muhle GmbH

Pfahnl Backmittel GmbH

European Flour Millers

Blattmann Schweiz AG

Einbrunger Muhle Karl Rolkens

Ardent Mills

Bob's Red Mill Natural Foods

Healthy Hildegard

Montana Flour & Grains

The Spelt Company Somerset Ltd

Recent Developments in the Market:

In July 2019, Germany based Kroner-Starke GmbH has launched its new clean label spelt gluten and starches range for bakery and meat processing industries. The new Spelt Gluten and Spelt Starches contain no additives and are GMO-free.
In September 2021, Colorado, United States based Ardent Mills LLC entered in an agreement to acquire Firebird Artisan Mills. Firebird Artisan mills is part of Leawood, Kansas based Agspring, a holding company and specializes in whole grain and milling of gluten-free specialty grains and pulses .
Global Spelt Wheat Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Nature, End User, Distribution Channel, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Nature

Organic

Conventional

By End User

Food Industry

Feed Industry

By Distribution Channel

Direct

Indirect

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World