Wheat Market Report: Trends, Forecast and Competitive Analysis to 2030

Wheat Trends and Forecast

The future of the global wheat market looks promising with opportunities in the household, food & beverage, pharmaceutical, dietary supplement, and cosmetics & personal care markets. The global wheat market is expected to reach an estimated $860.8 million by 2030 with a CAGR of 2.6% from 2024 to 2030. The major drivers for this market are growing demand for baked goods among consumers and increasing popularity of processed foods.

A more than 150-page report is developed to help in your business decisions.

Wheat by Segment

The study includes a forecast for the global wheat by type, distribution channel, application, and region.

Wheat Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Whole/Raw
• Flour
• Others

Wheat Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Supermarket/Hypermarket
• Grocery Stores
• Wholesalers
• E-Commerce Platform

Wheat Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Household
• Food & Beverages
• Pharmaceutical
• Dietary Supplements
• Cosmetics & Personal Care
• Others

Wheat Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Wheat Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wheat companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wheat companies profiled in this report include-

• Farmers Grain Company
• Wudeli Flour Mill Group
• Ardent Mills
• Archer Daniels Midland
• General Mills

Wheat Market Insights

Lucintel forecasts that whole/raw is expected to witness the higher growth over the forecast period.

Within this market, food & beverage will remain the largest segment due to growing adoption of processed foods.

APAC is expected to witness highest growth over the forecast period due to growing population and increased consumption of wheat to produce various products.

Features of the Global Wheat Market

Market Size Estimates: Wheat market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wheat market size by type, distribution channel, application, and region in terms of value ($M).

Regional Analysis: Wheat market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, distribution channels, applications, and regions for the wheat market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wheat market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the wheat market size?

Answer: The global wheat market is expected to reach an estimated $860.8 million by 2030.

Q2. What is the growth forecast for wheat market?

Answer: The global wheat market is expected to with a CAGR of 2.6% from 2024 to 2030 .

Q3. What are the major drivers influencing the growth of the wheat market?

Answer: The major drivers for this market are growing demand for baked goods among consumers and increasing popularity of processed foods.

Q4. What are the major segments for wheat market?

Answer: The future of the wheat market looks promising with opportunities in the household, food & beverage, pharmaceutical, dietary supplement, and cosmetics & personal care markets.

Q5. Who are the key wheat market companies?

Answer: Some of the key wheat companies are as follows.

• Farmers Grain Company
• Wudeli Flour Mill Group
• Ardent Mills
• Archer Daniels Midland
• General Mills

Q6. Which wheat market segment will be the largest in future?

Answer: Lucintel forecasts that whole/raw is expected to witness the higher growth over the forecast period.

Q7. In wheat market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to growing population and increased consumption of wheat to produce various products.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the wheat market by type (whole/raw, flour, and others), distribution channel (supermarket/hypermarket, grocery stores, wholesalers, and e-commerce platform), application (household, food & beverages, pharmaceutical, dietary supplements, cosmetics & personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?