Coarse Grains Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031

The coarse grains market is expected to register a CAGR of 5% during 2023 – 2031. The coarse grains market is growing due to increasing awareness of health and nutritional benefits.

Coarse Grains Market Analysis

• Consumers are becoming more health-conscious, which in turn creates the demand for whole grains. As a result, more and more new food products incorporating coarse grains are formulated and launched to the market due to increasing consumer interest in those products.
• Consumer awareness of the health benefits of coarse grains is another important factor underpinning the rising trend of coarse grains consumption. Commonly accepted health benefits of coarse grains include high dietary fiber and nutritional content.
• The environmental sustainability concerns regarding agriculture practices and food consumption are also contributing factors.
• The coarse grains are generally considered to be more sustainable in many aspects including low water and fertilizer application, and lower greenhouse gas emission, compared with other crops. These perceptions are likely to encourage the producers and consumers, to switch to coarse grains consumption for achieving a more sustainable food system.

Coarse Grains Market Overview

• The coarse grains market is comprised of several types of grains, such as maize (corn), barley, oats, sorghum and millet. These types of grains are important in global agriculture and are used for many food production applications.
• The market is stable and flexible, and adapts to change for which consumers may demand that may need to be developed.
• In the past several years, there has been an expansion in the coarse grains market, and one of the largest driving forces is bakery and confectionery application. Maize is the grain that is produced the most in the coarse grains market.

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Coarse Grains Market: Strategic Insights

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Coarse Grains Market Drivers and Opportunities

Health and Nutritional Awareness to Favor the Market

There is an increased consumer awareness about health benefits of whole grains in diet, such as barley, oat, millet and other coarse grains. Research has found that a higher intake of whole grains can reduce the risk of chronic disease, including heart disease, diabetes and obesity. As consumers are preferring healthier diet, there is an increasing demand for food products made with coarse grains, for example, whole grain bread, coarse grain cereals and snacks are becoming more popular over refined grain products, which are seen healthier option.

Product Innovation and Diversification

The potential for product innovation remains high for coarse grains, both due to new uses and formulations for the cereals themselves as well as the further use in food processing. The key market players can tap into opportunities for development of new flavors and textures that cater to consumers’ preferences for culinary innovation. The gluten-free products developed using millet or sorghum can also be launched to appeal to health-conscious consumers. A range of novel uses for coarse grains, including the incorporation of coarse grains in traditional dishes, will create a range of unique culinary offerings.

Coarse Grains Market Segmentation Analysis

Key segments that contributed to the derivation of the coarse grains market analysis are type, category, and application.

• Based on type, the coarse grains market is divided into maize, sorghum, barley, oats, millets, and others.
• On the basis of category, the market is divided into organic, and conventional.
• Based on application, the coarse grains market is divided into bakery and confectionery, breakfast cereals, snacks, RTE and RTC meals, and others.

Coarse Grains Market Share Analysis by Geography

• Coarse Grains Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering coarse grains market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the coarse grains market in these regions.

Coarse Grains Market Regional Insights

The regional trends and factors influencing the Coarse Grains Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Coarse Grains Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Coarse Grains Market Report Scope

Coarse Grains Market Players Density: Understanding Its Impact on Business Dynamics

The Coarse Grains Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Coarse Grains Market are:

1. Cargill Inc
2. Archer Daniels Midland Company
3. Louis Dreyfus Company
4. Olam International
5. GrainCorp Ltd
6. Bunge Limited

Disclaimer: The companies listed above are not ranked in any particular order.

Coarse Grains Market News and Recent Developments

The coarse grains market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the coarse grains market are listed below:

• Tata Consumer Products GB has made a significant step forward with the company’s programme to transition to a premier FMCG, with a new type of breakfast cereal, Joyfull Millets. (Source: Tata Consumer Products Limited/Press Release/August 2023)
• Nestlé launched tasty and nutritious millet-based porridges, with a blend of locally sourced ingredients including bajra (pearl millet), barley, vegetables, and a variety of 10 spices. (Source: Nestle SA/Press Release/September 2023)

  
  

Coarse Grains Market Report Coverage and Deliverables

The “Coarse Grains Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:

• Coarse grains market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Coarse grains market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed Porter’s Five Forces and SWOT analysis
• Coarse grains market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the coarse grains market
• Detailed company profiles