The global Spelt Wheat market is expected to reach a market valuation of US$ 1,890 million by 2023, recording a CAGR of 4.1% from 2023 to 2033.
Spelt is a type of hulled wheat known as dinkel wheat that has a nutty flavor and a sweet taste. Comparatively speaking, it contains a little less gluten than bread wheat. Wild goat grass and emmer wheat are crossed to create spelt. The rough-spike hard grass, also known as wild goat grass, is well recognized for self-pollinating.
| Attributes | Details |
|---|---|
| Spelt Wheat Market Size (2023E) | US$ 1,890 million |
| Spelt Wheat Market Projected Size (2033F) | US$ 2,825 million |
| Value CAGR (2023 to 2033) | 4.1% |
| Top 3 Countries Marketing Share | 66.6% |
As a digestive regulator, spelt wheat's fiber content helps to avoid constipation, diverticulitis, and inflammation. Vitamin niacin, which is present in spelt wheat, aids in the normal control of sexual hormones. Thiamin, a vitamin that helps to control psychological stress and anxiety, is increased in spelt wheat. A major factor driving the global market is the increased consumption of spelt wheat, which decreases bad cholesterol and lowers the risk of cardiovascular diseases.
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| Market Statistics | Details |
|---|---|
| Jan-Jun (H1), 2021 (A) | 4.1% |
| Jul-Dec (H2), 2021 (A) | 4.5% |
| Jan-Jun (H1), 2022 Projected (P) | 4.4% |
| Jan-Jun (H1), 2022 Outlook (O) | 4.3% |
| Jul-Dec (H2), 2022 Projected (P) | 4.9% |
| Jul-Dec (H2), 2022 Outlook (O) | 4.9% |
| Jan-Jun (H1), 2023 Projected (P) | 4.3% |
The rise in demand for wheat in the brewing business is what is fueling the expansion of the world spelt wheat market. This is explained by the way spelt wheat helps to create an earthy and creamy flavor throughout the brewing process. Spelt wheat is widely used in the food and bread industries because of its nutritional benefits, high protein content, and capacity to add crispiness. Yet, the lack of spelt wheat is posing problems for the global spelt market, widening the supply-demand mismatch. As a result, all of these issues work against the expansion of the global market.
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Moreover, spelt wheat includes significant amounts of vitamin B17 and unique carbohydrates, both of which are essential for the prevention of some malignancies and for boosting the body's immune system in the battle against infections. Due to its numerous health advantages, spelt wheat is in greater demand in the global food sector to meet the needs of customers who are becoming more health conscious. On the other hand, spelt wheat has more nutrients that are bioavailable to the body than processed diets and commercially available wheat flour. Because spelt wheat has a hard outer husk that guards against insects, fungi, and other threats, it can be grown without the use of pesticides and fungicides.
Due to the presence of major market players working in the Spelt Wheat area and the region being the origin and top producer of Spelt Wheat, North America dominated the market in terms of revenue. North America, on the other hand, is predicted to see the highest CAGR throughout the projection period due to factors including expanding cereal-based bakery and bread consumption, along with rising interest in plant-based food and beverage items in the region.
Due to expanding urbanization and shifting consumer preferences toward wholesome and nutritious goods, the demand for spelt wheat is also rising in the Asia Pacific region. Throughout the projection period of 2020 to 2030, Asia-Pacific is anticipated to have spelt wheat market expansion that is promising. Significant growth factors could include the presence of multiple major firms in the area and the expanding public demand for spelt wheat.
Since Europe is the region that produces the most spelt wheat, businesses like Arnreiter Mühle GmbH and Pfahnl Backmittel GmbH have production facilities there. It is therefore expected that throughout the projected period, demand for spelt wheat will rise in Europe. Due to a rise in the number of people who are concerned about their health, Europe is predicted to have strong growth over the projection period. This will cause the major players to quickly purchase spelt wheat in the area.
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In most civilizations, bread is a basic item that is consumed on a daily basis by billions of people. Spelled flour has a little nutty flavor and can be used to create bread much like wheat flour. Moreover, it contains more fiber and protein than wheat flour. Spelled bread is frequently fashioned into flatbreads because it rises less than wheat bread and has a thicker texture. Cakes, cookies, pies, pastries, and other baked products can all be made with spelt flour. It might not work as well for some recipes that need for a lot of rising or stretching, such pizza dough or croissants, because it contains less gluten than wheat flour.
An alcoholic beverage derived from fermented grapes is called wine. Without the addition of sugars, acids, enzymes, water, or other nutrients, sugar-containing grape juice ferments on its own. The sugar in the grapes is consumed by yeast, who then breaks it down into ethanol and carbon dioxide. Various yeast strains and grape varietals result in various wine styles. Spelled can be used in winemaking because it contains a lot of fiber, which helps give the wine body and structure. Spelled also has a lot of protein, which could enhance the texture of the wine.
Spelt Wheat market is only slightly fragmented. The major market players are concentrating on expansion tactics like mergers and acquisitions and extending their distribution networks to increase their market position. The manufacturers in the market used a variety of competitive methods, including product releases, free-from claims, and organic and natural origin claims.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ million for Value and Metric Ton for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; the Middle East and Africa |
| Key Countries Covered | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
| Key Segments Covered | Nature, Variety, Format, Distribution Channel, End Use, Region |
| Key Companies Profiled | Arnreiter Mühle GmbH; Pfahnl Backmittel GmbH; European Flour Millers; Blattmann Schweiz AG; Einbrunger Mühle Karl Rölkens; Ardent Mills; Bob’s Red Mill Natural Foods; Healthy Hildegard; Montana Flour & Grains; The Spelt Company Somerset Ltd |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Spelt Wheat Market is valued at US$ 1,890 million for 2023.
The Spelt Wheat Market valuation is expected to be US$ 2,825 million in the year 2023.
The value of CAGR for the Spelt Wheat Market is estimated to be 4.1%.
The food industry segment would garner significant market value share by 2023.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Nature 6.2. Variety 6.3. Format 6.4. Distribution Channel 6.5. End Use 7. Global Market Analysis and Forecast, By Nature 7.1. Organic 7.2. Conventional 8. Global Market Analysis and Forecast, By Variety 8.1. Whole Flour 8.2. White Spelt Flour 9. Global Market Analysis and Forecast, By Format 9.1. Flour 9.2. Whole Kernels 9.3. Custom Multigrain Blends 9.4. Cracked 10. Global Market Analysis and Forecast, By Distribution Channel 10.1. Direct 10.2. Indirect 10.3. Hypermarkets 10.4. Supermarkets 10.5. Retailers 11. Global Market Analysis and Forecast, By End Use 11.1. Food Industry 11.2. Feed Industry 11.3. Other Industrial 12. Global Market Analysis and Forecast, By Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. East Asia 12.5. South Asia 12.6. Oceania 12.7. Middle East & Africa 13. North America Sales Analysis and Forecast, by Key Segments and Countries 14. Latin America Sales Analysis and Forecast, by Key Segments and Countries 15. Europe Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia Sales Analysis and Forecast, by Key Segments and Countries 18. Oceania Sales Analysis and Forecast, by Key Segments and Countries 19. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 20. Sales Forecast by Nature, Variety, Format, Distribution Channel, and End Use for 30 Countries 21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 22. Company Profile 22.1. Arnreiter Mühle GmbH 22.2. Pfahnl Backmittel GmbH 22.3. European Flour Millers 22.4. Blattmann Schweiz AG 22.5. Einbrunger Mühle Karl Rölkens 22.6. Ardent Mills 22.7. Bob’s Red Mill Natural Foods 22.8. Healthy Hildegard 22.9. Montana Flour & Grains 22.10. The Spelt Company Somerset Ltd
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Spelt Wheat Market
