Buckwheat Market
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The global buckwheat market size was valued at USD 621.9 million in 2024, and it is expected to grow at a CAGR of 3.1% from 2025 to 2034 owing to increased consumer knowledge towards its multifaceted uses and nutritional value. Buckwheat also known as kasha in Eastern Europe, is a pseudocereal that was first planted as a crop in China 5,000 to 6,000 years ago. Currently, Russia and China are the largest producers of buckwheat. According to USDA, the global production volume of buckwheat reached nearly 2.5 million metric tons in 2023.
Buckwheat is used for both human consumption and livestock feed. While buckwheat flour was traditionally used mostly for pancakes in the U.S., it is preferably added to a wide range of snack foods and baked goods. The growing interest in the use of buckwheat flour in the U.S. is partially driven by it being gluten free, but also because it is high in minerals and antioxidants.
Report Attribute | Details |
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Base Year: | 2024 |
Buckwheat Market size in 2024: | USD 621.9 Million |
Forecast Period: | 2025 - 2034 |
Forecast Period 2023 - 2032 CAGR: | 3.1 |
2023 Value Projection: | USD 842 Million |
Historical Data for: | 2021 - 2024 |
No of Pages: | 360 |
Tables, Charts & Figures: | 215 |
Segments Covered: | Source, Form, Application, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Buckwheat requires low input relative to the yields it produces even on marginal soils. Because it develops a canopy quickly after planting, it makes a good cover crop or rotational crop. Buckwheat grows quickly, maturing in as little as 30 days and therefore is highly competitive with weeds. Moreover, its short maturity length makes it a good candidate for an emergency crop when an earlier-planted crop fails.
Buckwheat, replete with substantial amounts of dietary fiber, crucial minerals, and vitamins, functions as an indispensable ingredient across various culinary contexts. Furthermore, it acts as a vital link in addressing nutrient deficiencies and enhancing food security. This is primarily the result of the increasing proportion of consumers with gluten allergy and the highly nutritious profile of buckwheat. All these factors are highly favorable for health-conscious consumers and customers with diet restrictions.
Based on source, the buckwheat market is bifurcated into organic, and conventional. Conventional buckwheat segment generated a revenue of USD 457.7 million in 2024 and USD 605.3 million in 2034 at a CAGR of 2.9% due to higher cost efficiency and easy availability.
Based on form, the buckwheat market is divided into groats, flour, flakes, and others. In 2024, groats segment held major market share, accounted for 39.3% share due to highly adaptable and reasonable prices.
Based on application, the buckwheat market is categorised into food & beverages, animal feed, personal care & cosmetics, and others. Food and beverages segment generated a revenue of USD 399.4 million in 2024, and it is expected to grow at a CAGR of 2.9%. This segment held substantial market share of 64.2% market in 2024 owing to widespread usage of buckwheat in different foods and its processed forms.
China buckwheat market generated a revenue of USD 126 million in 2024. China buckwheat market is projected to grow at a CAGR of 2.7% reaching USD 165.4 million by 2034 as it is driven by the influence by both domestic production and external trade competition.
The buckwheat market in the U.S. is expected to experience promising growth from 2025 to 2034 due to growth of increasing demand for non-gluten and non-elerginic foods.
Top 5 companies in the buckwheat industry are Archer Daniels Midland Company (ADM), Bob's Red Mill Natural Foods, Birkett Mills, Wilmar International, and Galinta. The competition within the global buckwheat market is stringent, comprising firms of varying scales, even including multinational companies. The most prominent drivers of competition are product quality, cost, innovative measures, and alliances formed. To meet the new surge in health-conscious consumers, companies are shifting towards the products of organic and gluten-free buckwheat products.
Mergers and acquisitions serve as a means of increasing market share and production capacity. Innovative product development and strategic marketing of buckwheat-based products are critical in capturing market share in the upcoming years. Furthermore, there is a focus on acquiring new companies to increase market share and production capacities.
For instance, acquisition of Galinta Group by INVL Baltic Sea Growth Fund, which marked them as a leading European supplier of buckwheat. Additionally, key players are extending their R&D budgets to target new emerging trends, focusing on the plant-based and gluten-free diets, which accelerates the need for health supplement products as well as buckwheat snacks.
Some of the eminent market participants operating in the buckwheat industry include:
ADM provides exceptional buckwheat products for both culinary and industrial uses, utilizing its robust distribution and processing capabilities. The company’s strategic focus is on sustainability and innovation to satisfy the needs of health-oriented customers. By adopting modern agricultural methods and having an effective supply chain, ADM deals with issues of product quality and seasonal supply.
Bob‘s Red Mill Natural Foods has established itself in the health food industry through the sale of gluten-free and natural products, which include buckwheat flour and cereals. The company embraces the whole-grain movement along with ethical consumerism, which most shoppers appreciate. Bob‘s Red Mill focuses on marketing and educating customers about the most recent health issues and dietary practices to introduce new products.
Market, By Source
Market, By Form
Market, By Application
The above information is provided for the following regions and countries:
The market of buckwheat was valued at USD 621.9 million in 2024 and is expected to reach around USD 842 million by 2034, growing at 3.1% CAGR through 2034.
The conventional segment generated over USD 457.7 million in 2024.
The China market size of buckwheat is likely to reach USD 165.4 million by 2034.
Some of the major players in the industry include Archer Daniels Midland Company (ADM), Birkett Mills, Bobs Red Mill Natural Foods, Bulk Barn Foods, Galinta, Homestead Organics, Krishna India, Lee Kum Kee, Minn-Dak Growers, Ningxia Newfield Foods, Skvyrskyi Grain Processing Factory, UA Global, and Wilmar International.