Einkorn Wheat Market: Market Outlook
Wheat is one of the dominant food crops in the temperate region as it is easy to cultivate. In the global wheat market, einkorn wheat is gaining recognition owing to its high nutritional value. Einkorn wheat also possesses unique gluten structure. Increasing demand for organic products is one of the major factors fueling the demand for einkorn wheat. Einkorn wheat is hulled wheat. It is grown on hills, which provide protection from insects and unfavorable weather conditions. In the global einkorn wheat market, Europe holds the major share in terms of consumption of einkorn wheat. Due to increasing demand for einkorn wheat in the global food and beverage market, it is expected that the Einkorn wheat market will grow at a rapid pace over the forecast period.
Increasing Demand for Einkorn Wheat from Health-Conscious Population Groups
In the global einkorn wheat market, the demand for einkorn wheat is growing owing to its higher nutritional value and multiple health benefits. Einkorn wheat has many advantages over modern wheat. For instance, einkorn wheat contains around 50% more protein and has a unique gluten structure, which makes it a preferred choice for wheat-sensitive consumers. In addition, einkorn wheat also has three to four times more riboflavin, beta-carotene, lutein and vitamin A. Within the global food and beverage market, the einkorn wheat market is growing at a fast pace and is likely to maintain this growth throughout the forecast period. In the food and bakery industry, manufacturers use einkorn wheat flour to enhance flavor and cater especially to the demands of gluten-sensitive population groups. In addition, the demand for einkorn wheat flour is also increasing as the demand for organic wheat flour is gaining momentum in the global wheat flour market. Einkorn wheat also helps in weight loss, which is another important factor pushing its demand.
Global Einkorn Wheat Market: Market Segmentation
On the basis of nature, the global einkorn wheat market can be segmented as:-
On the basis of type, the global einkorn wheat market can be segmented as-
- Whole kernels
- Custom multigrain blends
On the basis of end use, the global einkorn wheat market can be segmented as:-
- Food Processing Industries
On the basis of distribution channels, the global einkorn wheat market can be segmented as:-
- Store-Based Retailing
- Grocery Retailers
- Modern Grocery Retailers
- Convenience Stores
- Traditional Grocery Retailers
- Food Specialist
- Independent Small Grocers
- Other Grocery Retailers
- Online Retailing
Global Einkorn Wheat Market: Key Players
Some of the key players operating in the global einkorn wheat market are Doves Farm Foods Ltd., Jovial Foods, Inc., Fieldstone Granary Ltd., Bluebird Grain Farms, Daybreak Mill, Biovence, Shipton Mill Ltd, True Grain Bread Ltd., Meuer Farm LLC, Woodland Foods and others.
Global Einkorn Wheat Market: Opportunities for Market Participants:-
Growing health awareness and growing health issues, such as obesity, have forced people to focus more on their health. Thus, most people are opting for Einkorn wheat as it has many health benefits attached to it. Food processing industries are also planning to include einkorn wheat flour in their product lines to cater to the growing demand of customers for organic products and growing demand from population groups sensitive to gluten.
Global Einkorn Wheat Market: Regional Outlook
North America and Europe account for the highest production and consumption of processed food items and many key food manufacturers are situated in these regions. Owing to these factors, it is expected that the demand for einkorn wheat will increase during the forecast period. The Asia Pacific will witness robust growth owing to the expanding health-conscious population and food industry. Increasing awareness and urbanization in Middle East and African countries is expected to increase the establishment of food companies in the region during the forecast period and thus, affect the market in a positive way.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.