United States Ancient
Grains market is anticipated to witness growth at a steady CAGR in the forecast
period, 2024-2028. This can be ascribed to the shift
towards ancient grains owing to their freshness and earthy nutrition. Consumers
are gradually rejecting heavily processed foods and adopting organic foods for
their diets and looking for healthier alternatives as well. Also, growing
consumer awareness about ancient grains will further boost the growth of the
market during the forecast period. With the advancement in demand for
gluten-free food products, kale, and quinoa are encountering higher demand from
health-conscious consumers. Hence,
this factor drives the ancient grains market demand in the United States
marketplace, particularly among millennials who choose gluten-free products.
Millennials are inclined towards healthy food alternatives, due to which
F&B market performers contain ancient grains in edibles such as pizza
crust, bars, shakes, and yogurts. Health consciousness among consumers, coupled
with growing awareness about gluten-free products are boosting the growth of
the market in the United States.
Growing adoption of
superfood
Growing
demand for superfoods is expected to create lucrative growth opportunities
during the forecast period. Consumers are poised to boost from an increased affinity to
grain and wheat on the market for pseudo-grains like amaranth and quinoa which
will further drive the growth of the market over the years. So, compared with
other kernels the market is driven by minimum effort as well as requirements
for cultivating chia, amaranth, and quinoa which enhances the demand for the United
States ancient grains market in the forecast period. Similarly, growing consumer
awareness regarding health and demand for gluten-free food and beverages have created
lucrative growth for ancient grains market in the US over the years. The chia,
amaranth, and quinoa markets are driven by increased demand for organic or
natural products from the cosmetic industry. Gluten leads to many
diseases such as intestinal damage, osteoporosis, etc. The rising prevalence of
diseases and increasing awareness among consumers has shifted the consumers’
preference toward a healthier substitute will further demand for the market.
Increased demand for healthy food grains
As consumers become more
health-conscious, there has been a significant increase in the demand for
ancient grains in the United States, which is expected to create lucrative market
growth during the forecast period. Also, growing usage of smart farming techniques
and government initiatives to adopt advanced agricultural technology will
further boost the growth of the market during the forecast period. Due to the
increased uses of these grains in the food, cosmetics, areas such as medical
industries, the ancient grains market is about to grow significantly in the US.
So, ancient grains and pulses are one of the major sources of plant-based
nutrition which makes them a natural and healthy food ingredient that can be
used in different industries.
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Market
Segmentation
United States Ancient Grains market can
be segmented by type, application, region and competitive landscape. Based on type,
the market can be segmented into Quinoa,
Amaranth, Millet, Sorghum, Teff, Buckwheat, Others. Based on application, the
market can be segmented into Food & Beverage, Animal Feed, Dietary
Supplements, Others.
Recent Developments
In January 2020, J.R.
Simplot Co. acquired Pinnacle Agriculture. With this acquisition, the company
began distributing agricultural crop inputs and related services. The company
currently offers its products and services to over 40,000 farmers in North
America.
Market Players
Cargill Inc., Bunge Limited, Archer Daniels Midland Company, Great
River Organic Milling Inc., Manini's, LLC., Urbane Grain Inc., and Grand Teton
Ancient Grains are some of the leading players operating in the United States
Ancient Grains market.
Attribute
|
Details
|
Base Year
|
2022
|
Historic
Data
|
2018 – 2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue in USD Million, and CAGR for 2018-2022 and 2023E-2028F
|
Report Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments Covered
|
By Type
By Application
By Region
|
Regional
scope
|
North-east,
Mid-west, West, East
|
Key companies
profiled
|
Cargill Inc., Bunge Limited, Archer Daniels Midland Company,
Great River Organic Milling Inc., Manini's, LLC., Urbane Grain Inc., Grand
Teton Ancient Grains
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing and
purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery
Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, the United States
Ancient Grains market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- United States Ancient Grains Market, By Type:
o
Quinoa
o
Amaranth
o
Millet
o
Sorghum
o
Teff
o
Buckwheat
o
Others
·
United
States Ancient Grains Market, By Application:
o
Food & Beverage
o
Animal Feed
o
Dietary Supplements
o
Others
·
United States Ancient
Grains Market, By Region:
o
North-East
o
Mid-West
o
West
o
East
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the United States Ancient Grains Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
United States Ancient
Grains Market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]