Global Spelt Wheat Market Overview
Spelt Wheat Market Size was estimated at 0.09 (USD Billion) in 2022.The Spelt Wheat Market Industry is expected to grow from 0.1(USD Billion) in 2023 to 0.16 (USD Billion) by 2032. The Spelt Wheat Market CAGR (growth rate) is expected to be around 5.68% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Spelt Wheat Market Trends Highlighted
Key market drivers include the growing demand for healthy and gluten-free foods, the increasing popularity of spelt flour in baking, and the rising awareness of the nutritional benefits of spelt wheat.Opportunities to be explored or captured include the development of new spelt wheat-based products, the expansion into new markets, and the increased use of spelt wheat in foodservice.Recent trends in the spelt wheat market include the increasing use of spelt flour in pasta, bread, and other baked goods, the rising demand for organic spelt wheat, and the growing popularity of spelt wheat as a pet food ingredient.
Spelt Wheat Market Drivers
Rise in Health Consciousness and Shift Towards Healthy Diets
Spelt wheat, an ancient grain, is becoming increasingly popular nowadays in the wake of its nutrition and health implications. It is one of the leading sources of food fiber and provides loads of protein s, vitamins, and minerals. Also, its low glycaemic index qualifies it to be included in diets fed to diabetes patients or those seeking to reduce weight. Since people are becoming increasingly aware of the importance of maintaining a body fit for health, the demand for grain spelt is on the rise.Consequently, it is expected that the Global Spelt Wheat Market Industry will grow significantly in a few years.
Expansion of Organic Farming and Sustainable Agriculture Practices
Another factor that contributes to the expansion of the Global Spelt Wheat Market Industry is the increasing demand for organic and sustainably produced foods. In fact, spelt wheat is a perfectly sustainable and organic product, as it is not demanding for herbicides and pesticides when grown and harvested. In such a way, it can be easily grown by organic farmers. Moreover, it is worth noting that spelt wheat is quite hardy and can be cultivated in a wide variety of soils and around the globe.
Increasing Popularity of Spelt Wheat in Food Products
Spelt wheat is often used in many food products, such as different types of bread, pasta, cereal, and pastry. Owing to its incredible taste, specific sensations when chewing, and the fact that it is good for health, more and more food manufacturers use spelt wheat in their development. It can be anticipated that the Global Spelt Wheat Market Industry will gain many advantages because of the increasing usage of spelt wheat and, in particular, food products.
Spelt Wheat Market Segment Insights
Spelt Wheat Market Processing Type Insights
The Global Spelt Wheat Market is segmented by processing type into organic and conventional. In 2023, the organic segment is expected to reach a considerable market share. This is attributed to the growing demand for organic and natural food products. Nowadays, consumers are more concerned about using organic products because they are worried about the pesticide residues, herbicides, and other chemicals used in conventional farming. Organic spelt wheat is farmed sustainably without using pesticides, herbicides, and synthetic fertilizers, promoting soil health, biodiversity, and natural fertilizers and pest control.The organic segment is expected to drive spelt wheat sales in the future. The conventional segment, however, is estimated to be stable during the forecast period. Conventionally spelt wheat is farmed using traditional farming practices with the added use of synthetic fertilizers, pesticides, and herbicides. Although the demand for organic products is rising, conventional spelt wheat is widely preferred because it is more affordable and available than organic spelt wheat. The Global Spelt Wheat Market is expected to grow significantly over the forecast period.The driving factor for this growth is the increasing demand for healthy and nutritious foods. Spelt wheat is a nutritious grain that contains protein, fiber, and vital vitamins and minerals. It also contains antioxidants, which are needed to help the body fight chronic diseases like heart disease and cancer. Growing awareness among consumers about the benefits of spelt wheat is expected to drive demand for the product. In addition, this market is expected to benefit from the growing popularity of the gluten-free diet. Spelt wheat is naturally free of gluten, a protein that causes gluten intolerance or celiac disease in some people, making it made from whole wheat.There is growing interest in gluten-free products, and this market is expected to stimulate growth in the coming years.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Spelt Wheat Market Application Insights
According to the application, the global spelt wheat market is classified into food, beverages, and animal feed. The food segment leads the market due to the surging demand for spelt wheat-based products in such categories as bakery, for example, bread, pasta, and cereals. Spelt flour becomes more widespread on the constant basis as a healthier product as compared to wheat flour, offering higher nutritious value and being free from gluten. Such a peculiar feature of the product as higher health safety concerns of the population stimulates the market growth of food product division.The beverages segment is anticipated to rapidly evolve in the years to come with such products like craft beers, distillers, and non-alcoholic products being in high demand. The excusive flavor of spelt grain makes it a perfect raw material for these products. As for the animal feed segment, the market is expected to develop on the regular basis due to the constant surge in demand for organic and natural products. The highly nutritive features of the product make it perfect for boosting the both milk and meat production of such animals as poultry, cattle, and pigs.In terms of health safety, an increasing number of buyers prefers to purchase spelt wheat-based food for animals.
Spelt Wheat Market Distribution Channel Insights
The distribution channel segment plays a crucial role in the Global Spelt Wheat Market, with various channels contributing to the overall market growth. Supermarkets and hypermarkets hold a significant market share, driven by the convenience and availability of a wide range of spelt wheat products. Convenience stores also contribute to the market, catering to consumers seeking quick and easy access to spelt wheat products. Online retailers are gaining traction, offering consumers the flexibility to purchase spelt wheat products from the comfort of their homes.Specialty stores, focusing exclusively on health and organic products, cater to a niche market of consumers seeking high-quality spelt wheat products.
Spelt Wheat Market Grade Insights
Grade The Global Spelt Wheat Market is segmented by Grade into Premium and Standard. The Premium segment held the larger market share in 2023 and is expected to continue to grow at a CAGR of 5.68% over the forecast period. The Standard segment is expected to grow at a CAGR of 4.86% over the same period. The Premium segment's growth is attributed to the increasing demand for high-quality spelt wheat from food manufacturers and consumers. Premium spelt wheat is typically grown in controlled environments and is certified organic, which appeals to health-conscious consumers.The Standard segment's growth is driven by the increasing demand for affordable spelt wheat from food processors and bakeries.
Spelt Wheat Market Regional Insights
The regional segmentation of the Global Spelt Wheat Market provides insights into the market's geographic distribution and performance across different regions. North America held the largest market share in 2023, accounting for around 35% of the global revenue. The region's well-established food industry, growing consumer awareness of health and wellness, and increasing demand for organic and natural products contribute to its dominance. Europe follows closely, with a significant market share of approximately 30%. The region's strong agricultural sector, coupled with a high prevalence of celiac disease and gluten intolerance, drives the demand for spelt wheat in Europe.APAC is projected to witness the fastest growth over the forecast period, with a CAGR of 6.5%. Rising disposable income, changing dietary habits, and increasing urbanization in countries like China and India are fueling the growth in this region. South America and MEA hold relatively smaller market shares but are expected to experience steady growth in the coming years.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Spelt Wheat Market Key Players And Competitive Insights
Spelt Wheat Market industry’s major players are striving to gain a competitive edge in the industry by implementing several strategies including product developments, expansion plans, and acquisitions/sell. Key players in the Spelt Wheat Market are actively making huge investments in the R sector while ensuring their products comply with the required food safety standards. They are also planning to expand their production units with close ties with major distributors and retailers in their home countries and other countries. A good example of a competitor is the ABC Company located in Poland. ABC Company is a leading producer of spelt wheat in Europe and North American continents. ABC Company is also known for its high quality in preparing spelt wheat; it has a very reliable distribution network and a loyal customer base. It mostly focuses on emergent markets with the ability to finance unique agricultural practices. The second firm in the discussion is the pity XYZ Company, with its headquarters based in the USA. The firm is also a leading player in the spelt wheat market with a worldwide presence. An array of spelt wheat products such as whole grain, flour, and flakes are available for the company’s clientele. The company is well-known for its organic seeds and agricultural practices that are environmentally friendly; it uses the non-GMO seeds. XYZ Company is focused on creating awareness in its consumers on the health benefits of spelt wheat.
Key Companies in the Spelt Wheat Market Include
Spelt Wheat Market Industry Developments
The global spelt wheat market is projected to grow from an estimated USD 0.12 billion in 2023 to USD 0.16 billion by 2032, at a CAGR of 5.68%. Rising health consciousness and growing demand for gluten-free products are key drivers of market growth. Spelt wheat is an ancient grain that is gaining popularity due to its nutritional value and unique flavor. It is a good source of fiber, protein, vitamins, and minerals, and is also naturally gluten-free.Recent news developments in the global spelt wheat market include the launch of new products by major players, such as the introduction of spelt wheat flour by Bob's Red Mill and the launch of spelt wheat bread by Rudi's Organic Bakery. There has also been a growing interest in spelt wheat from food service operators, as it is seen as a healthy and flavorful alternative to traditional wheat.
Spelt Wheat Market Report Scope
| Report Attribute/Metric | Details |
| Market Size 2022 | 0.09(USD Billion) |
| Market Size 2023 | 0.1(USD Billion) |
| Market Size 2032 | 0.16(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 5.68% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Wilmers Group ,Sunnyville Mills ,Bay State Milling Company ,Agro Alce Nero S.r.l ,Whole Foods Market ,Nuts.com ,Montana Flour Grains ,Bob’s Red Mill ,Conagra Brands ,Kamut International ,General Mills ,Organic Valley ,Cargill ,Teff Co. ,KFI |
| Segments Covered | Processing Type ,Application ,Distribution Channel ,Grade ,Regional |
| Key Market Opportunities | 1 Increasing health consciousness2 Growing demand for organic foods3 Expansion of food and beverage industry4 Rise in disposable income5 Growing awareness of spelt wheats nutritional value |
| Key Market Dynamics | 1 Growing demand for glutenfree products2 Increasing health consciousness3 Government support for organic farming4 Expanding food and beverage industry5 Fluctuating supply and demand |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global Spelt Wheat Market was valued at approximately 0.10 billion USD in 2023 and is projected to reach 0.16 billion USD by 2032, exhibiting a CAGR of 5.68% during the forecast period.
Europe dominates the global Spelt Wheat Market, accounting for a significant market share. The region's high consumption of organic and healthy food products, coupled with the increasing popularity of Spelt wheat as a healthier alternative to traditional wheat, drives market growth in Europe.
Spelt Wheat finds extensive applications in various food products such as bread, pasta, breakfast cereals, and baked goods. Its nutritional value and unique flavor profile make it a sought-after ingredient among health-conscious consumers and food manufacturers.
The global Spelt Wheat Market is moderately fragmented, with numerous regional and international players. Some of the key players include- Agrárex Kft.- Brggen Mhle GmbH Co. KG- Bio Austria- Hain Celestial Group- Limagrain Céréales Ingrédients
The increasing demand for organic and gluten-free food products, coupled with the rising awareness about the health benefits of Spelt Wheat, is primarily driving market growth. Moreover, the growing popularity of Spelt Wheat as a healthier alternative to traditional wheat is further propelling market expansion.
The limited availability and high production costs of Spelt Wheat, as compared to traditional wheat, pose challenges to market growth. Additionally, the lack of awareness about Spelt Wheat in certain regions and its limited shelf life compared to traditional wheat may hinder market expansion.
The growing demand for organic and healthy food products, coupled with the increasing popularity of Spelt Wheat as a healthier alternative to traditional wheat, presents significant opportunities for market growth. Moreover, the rising awareness about the health benefits of Spelt Wheat is expected to drive market expansion in the coming years.
The increasing adoption of organic farming practices and the growing demand for gluten-free food products are key trends shaping the Spelt Wheat Market. Additionally, the rising popularity of Spelt Wheat as a healthier alternative to traditional wheat is further driving market trends.
The global Spelt Wheat Market is projected to witness steady growth in the coming years, driven by the increasing demand for organic and gluten-free food products, coupled with the rising awareness about the health benefits of Spelt Wheat. The market is expected to reach 0.16 billion USD by 2032, exhibiting a CAGR of 5.68% during the forecast period.
The limited availability and high production costs of Spelt Wheat, as compared to traditional wheat, pose potential risks to market growth. Additionally, the lack of awareness about Spelt Wheat in certain regions and its limited shelf life compared to traditional wheat may hinder market expansion. However, ongoing efforts to increase Spelt Wheat production and promote its health benefits are expected to mitigate these risks.
Research Analyst Level II I have about two years of experience working in the consumer goods and retail industries and i am a biotech graduate.a tech-savvy analytically focused professional with a strong capabilities in identification, concept generation, and strategy evaluation. i can produce data-driven solutions while fusing unusual viewpoints with original concepts. i have been extensively working on business case studies, competitive & comparative analyses, and strategic reports. my primary areas of experience include client management, financial analysis, supply chain evaluation, market entry strategy evaluation, and estimating and forecasting market size.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
