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.
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.
In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Spelt Wheat.
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How Has the Market Progressed So Far in 2022?
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%
Historic v/s Future Outlook Comparison for Spelt Wheat?
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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Health Benefits
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.
Comparative View of Associated Market
Wheat Protein Market:
Attributes
Wheat Protein Market
CAGR (2023 to 2033)
4%
Market Value (2023)
US$ 3,432 million
Growth Factor
The primary factors influencing the growth of the wheat protein market are the expansion and growth of the food and beverage industries, the increased emphasis on innovation in the food and beverage industry, the rising consumer awareness of high protein food and beverage products, and rising personal disposable income by major corporations.
Key Trend
In the food and beverage sectors, wheat protein is widely used, particularly in sports foods, nutritional supplements, dairy, baking, and confectionery. Examples include tenderizing, whipping, and foaming.
Wheat Fiber Market:
Attributes
Wheat Fiber Market
CAGR (2023 to 2033)
7%
Market Value (2023)
US$ 1,768 million
Growth Factor
Manufacturers can take advantage of this chance to create new wheat fiber products because of the predicted increase in demand for wheat fiber from the pharmaceutical and nutraceutical industries.
Key Trend
A change in consumer preferences toward dietary fiber consumption as a result of increased knowledge of the many health advantages it offers, including normalized gastrointestinal function, lowered cholesterol, controlled blood sugar levels, and assistance in maintaining a healthy body weight
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Country-wise Insights
How the Sales of Spelt Wheat Market Shaping in North America?
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.
Why is there a Rising Demand for Spelt Wheat in Asia Pacific?
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 2020–2030, 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.
How Big is the European Market 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.
Category-wise Insights
Bakery Serving to the Robust Growth
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.
Wine Making
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.
Competitive Landscape
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.
Scope of the Report
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, and 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 and 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
Spelt Wheat Market by Category
By Nature:
Organic
Conventional
By Variety:
Whole Flour
White Spelt Flour
By Format:
Flour
Whole Kernels
Custom Multigrain Blends
Cracked
By Distribution Channel:
Direct
Indirect
Hypermarkets
Supermarkets
Retailers
By End Use:
Food Industry
Feed Industry
Other Industrial
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
Frequently Asked Questions
What is the global Spelt Wheat Market reported by FMI for 2023?
The Spelt Wheat Market is valued at US$ 1,890 million for 2023.
What is the Spelt Wheat Market valuation expected for 2033?
The Spelt Wheat Market valuation is expected to be US$ 2,825 million in the year 2023.
What is the projected CAGR for the Spelt Wheat Market from 2023 to 2033?
The value of CAGR for the Spelt Wheat Market is estimated to be 4.1%.
Which segment type will garner significant value share by 2023?
The food industry segment would garner significant market value share by 2023.
