Global Freekeh Market: Overview
Freekeh is a type of grain meal which is made from raw durum grass. This grass is fried and then rubbed in order to create its unique flavour. Products in the global freekeh market can aid consumers in preventing negative digestive problems or conditions such as constipation or diarrhoea. Consuming the products in the global freekeh market on a regular basis can also aid people in controlling their weight while fully satiating their appetites. Products in the global freekeh market are also used to treat certain common inflammatory troubles such as IBS and leaky gut syndrome.
The research report on food and beverages industry provides valuable insights regarding the present scenario of global freekeh market. It highlights various drivers as well as barriers that can impact the global freekeh market during the forecast period of 2021 to 2031. The business intelligence study consists of meticulous evaluation of vast amount of data collected through primary and secondary research sources. It sheds light on various socio-economic factors that hold the potential to affect the growth trajectory of global freekeh market in coming years.
The research authors have collected crucial information from industry leaders, newspapers, magazines, interviews, books, and research papers pertaining to the global freekeh market. The study also provides detailed information regarding the recent developments and shifts in the current market condition. It presents comprehensive information about the existing as well as emerging trends that can fuel the demand in the global freekeh market over the forecast period i.e. 2021 to 2031.
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Global Freekeh Market: Major Trends and Drivers
One of the most important drivers for the global freekeh market is the health promoting benefits offered by consuming freekeh. Furthermore, the demand in the global freekeh market is growing owing to the low fat and high fibre content of the freekeh. Moreover, increasing number of organized retailing outlets such as hypermarkets as well as supermarkets have started offering products in the global freekeh market worldwide. This trend is anticipated to favour the expansion of the global freekeh market by increasing the visibility of the products in the industry.
Moreover, rising awareness about the benefits of using freekeh products in daily diet as well as rising demand for ethnic food products are also driving the growth in the global freekeh market. Owing to the low glycaemic content in freekeh, products in the global freekeh market are ideal for consumption even by the diabetic population. This is also driving the demand in the global freekeh market. Furthermore, products in the global freekeh market also aid in preventing macular degeneration owing to their high antioxidant carotenoid content.
Global Freekeh Market: Key Players and Manufacturers
Few of the most prominent and leading players and manufacturers in the global freekeh market are Bobs Red Mill Natural Foods, Inc., Canaan, Freekeh Foods Inc., Greenwheat Freekeh Pty Ltd., Bocon SRL, First Quality Foods, Freekehlicious LLC, and Leathams Ltd., among others. The competitive landscape of the global freekeh market is considered to be somewhat fragmented. The players and vendors in the global freekeh market are adopting various organic growth strategies to assert a dominant industry position. Players in the global freekeh market are campaigning and promoting the health benefits of consuming freekeh in order to attract more conusmers.
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Global Freekeh Market: Regional Assessment
Geographically, the Middle East and Africa region is anticipated to register significant growth rate in the global freekeh market during the forecast period. This trend can be attributed to rising demand from key markets in the Middle East and Africa freekeh market i.e. Saudi Arabia and United Arab Emirates. Some of the key drivers influencing the growth in the global freekeh market in Middle East and Africa include rising disposable income among regional consumers as well as increasing popularity of the freekeh products in the region.
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?
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.