According to the Market Research analysis, Kellogg Company, George Weston Limited, Riviana Foods Inc, Pinnacle Foods Inc., General Mills Inc., The Quaker Oats Company, La Brea Bakery Inc, Warburtons Limited, Mckee Foods, The Hain Celestial Group Inc,
The global whole grain and high fibre market is set to witness growth at a CAGR of 7.6% and top a valuation of USD 105,379.4 Bn by 2032.
As people’s discretionary money has risen, they’ve been encouraged to upgrade to a better standard of life. This also applies to their eating habits. Obesity affects over half of the worldwide people due to inconsistent sleeping and eating habits. As a consequence, public awareness initiatives urging individuals to improve their health and wellness are increasing the whole grain and high-fiber meal industry as a whole. This is also owing to the fact that they include more micronutrients that are good to the body.
Breakfast cereals are separated into three categories in the whole grain and high fibre foods sector: flakes, oats, and muesli. Among all of these product types, snack bars are expected to grow at a significant pace of 11% in sales during the forecast period.
Whole grains and high-fiber diets may be found in corn flour, wheat, rice flour, oats, barley, and multi-grain dishes. Bulgur, millet, and chic, on the other hand, are expected to grow at a faster rate, increasing by 9% in terms of value sales during the forecast period in the whole grain & high fibre foods market.
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Vanilla, fruit, honey, walnuts, and chocolate are the five flavour categories in the global whole grain and high fibre foods business. Fruit flavours, for example, have a larger market worth, accounting for 42 percent of the whole grain and high fibre foods market in 2021.
The worldwide whole grain and high-fiber foods market is further divided into organic and conventional segments. However, while the traditional category has a greater market share, the natural segment is expected to grow at a quicker rate, with whole grain and high fibre foods growing at an annual rate of 11% during the estimated period.
Whole-grain meals are unlikely to be purchased by customers who wish to decrease carbohydrates and have gluten concerns. Consumers’ carbohydrate intake had already declined, resulting in a fall in wheat flour demand. As a result of this shift, consumers are opting for a high-protein, low-carbohydrate diet. The flour industry’s growth has lately slowed due to rising demand for gluten-free meals.
As people’s lives change, it becomes more difficult for them to prepare food and manage their demanding schedules. To address this problem, producers of whole grains and high-fiber foods are constantly developing and presenting new on-the-go options. Many companies are also focusing on developing solutions that shorten baking time. In addition, some whole grains and high-fiber food manufacturers have set production goals for the coming years in order to expand their market share in the healthier goods category in response to the market for meals with high nutritional value.
Key Takeaways from Market Study
“The whole grain and high fibre foods manufacturers could earn a profit if they targeted the foodservice industries. Due to the obvious increased need for nutritional goods throughout the world, the health nutrition sector might be a viable market for whole grain and high fibre foods.,” says a Future Market Insights analyst.
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Competitive Landscape
Segments Covered in Whole Grain & High Fiber Foods Market Analysis
Bakery Products:
Breakfast Cereals:
Crisps & Crackers:
Snack Bars:
Pastas & Noodles:
Flavour:
Source:
Packaging Format:
Nature:
Distribution Channel:
Region:
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market.
Feb 20, 2024