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Buckwheat Market Trends
- Report ID: GMI7187
- Published Date: Oct 2023
- Report Format: PDF
Buckwheat Market Trends
Buckwheat is considered a nutritious grain due to its high protein content, essential amino acids, dietary fiber, and antioxidants. Health-conscious consumers were increasingly incorporating buckwheat into their diets, driving demand.
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The market size of buckwheat reached USD 605.5 million in 2023 and it is set to cross USD 787.5 million by 2032, owing to the growing awareness about the health benefits, such as its gluten-free nature, high nutritional content, and potential to lower the risk of various chronic disease.
The food & beverage segment had a market share of 64.5% in 2022, as buckwheat is a versatile grain and can be used in a variety of culinary applications.
Asia Pacific market size was valued at USD 0.29 billion in 2022, as the product is highly valued for its nutritional benefits in the region.
Lee Kum Kee, Homestead Organics, Birkett Mills, Galinta IR Partneriai, Krishna India, Ningxia Newfield Foods, UA Global, Archer Daniels Midland Company (ADM), Wilmar International Limited, Skvyrskyi Grain Processing Factory Ltd, Bob's Red Mill Natural Foods, Minn-Dak Growers Ltd., and Bulk Barn Foods Limited.
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