Whole Grain & High Fiber Foods Market to reach US$ 105,379.4 Mn by 2032 - Comprehensive Research Report by FMI

Whole Grain & High Fiber Foods Market - Analysis, Outlook, Growth, Trends, Forecasts

DUBAI, United Arab Emirates, Jan. 24, 2022 (GLOBE NEWSWIRE) -- According to the latest market report published by Future Market Insights titled 'Whole Grain & High Fiber Foods Market: Global Industry Analysis 2017-2021 and Opportunity Assessment 2022-2032', revenue generated from the whole grain & high fiber foods market has been estimated to be valued at over US$ 50,872.6 Mn in 2022, which is projected to increase at a CAGR of 7.6% during the forecast period (2022-2032).

Market Size Value in 2021

USD 50,872.6 Mn

Market Forecast Value in 2032

USD 105,379.4 Mn

Global Growth Rate

7.6%

Forecast Period

2022-2032

Consumers’ rising awareness about the close association between food and health has been turning out to be one of the most important social developments in the recent past. Various factors such as busy lifestyles adopted by consumers, rise in the obese population, and consumption of unhealthy food have been driving the consumers to shift to healthy diets. Consumers take into account the type of food that they consumer on a day-to-day basis. As a result, products such as whole grain & high fiber foods have been gaining traction over the past couple of years among their target customers.

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Whole grain & high fiber foods are those products that have been processed into finished products sourced from whole grains or high fiber sources such as seeds & nuts. These whole grain and high fiber foods contain minimum 51% of whole grains or 10-15% of dietary fiber. These include products such as bakery, breakfast cereals, pastas, and savory snacks. Whole Grain & high fiber foods can also be sourced from multiple whole grain sources. Only finished and packaged products have been considered in the market for whole grain & high fiber foods, and the volume is based on the weight of the entire finished product.

The importance of whole grain & high fiber foods in the bakery segment has been enduring, owing to the rise in the number of diet conscious consumers. Whole grain & high fiber foods have a wide range of applications in the production of various bakery products such as breads, cakes & pastries, baking ingredients & mixes, and other bakery frozen products.

On the basis of source, the whole grain & high fiber foods market is segmented into maize, wheat, brown rice, oats, rye, barley, quinoa, and multi-grain. In 2017, the wheat source segment accounted for the highest revenue share of 27.0%, and is expected to do so throughout the forecast period. By flavour, the fruit segment is estimated to account for a 39.7% value share of the global whole grain & high fiber foods market in 2018. The food and beverages segment is expected to register a growth rate of 5.1% over the forecast period.

On the basis of product type, the bakery products segment is estimated to account for a more significant growth rate in the global whole grain & high fiber foods market over the forecast period. On the basis of region, the North American region has been estimated to dominate the whole grain & high fiber foods market, accounting for a significant revenue share of 24.3% in 2018, followed by Latin America in the global whole grain & high fiber foods market.

Macro-economic Market Factors Impacting the Whole Grain & High Fiber Foods Market

A majority of the manufacturers have been positioning themselves as health promoting companies in line with global changes in dietary guidelines

The changing regulatory scenario has drastically affected the consumption of whole grain and high fiber foods, especially in North America. Over the past year, the sales of whole grain and high fiber foods have skyrocketed, and manufacturers are increasingly positioning themselves as healthy companies. With the changes in guidelines, a major impact has been seen on product labelling and the marketing of products as a part of the health & wellness sector.

According to the 2015-2020 Dietary Guidelines for Americans released by the U.S. Department of Agriculture, 50% grains consumed by consumers should be whole grains to ensure proper nutritional supply to the body. Following these changes, health conscious consumers have very religiously started following this recommended consumption of whole grains and high fiber foods, which has resulted in an exponential surge in whole grain cookies and crisp product types.

New technological processes are being adopted by manufacturers

New technologies are being developed that are aimed at utilizing the by-products of the milling industry to isolate active compounds for specific food applications, or altogether transform these components into forms that can be easily incorporated in food products without disturbing their texture and other characteristics. Other technologies developed are separating the right particle size whole grain flours for baking applications.

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Scope of Report

Attribute

Details

Market Size Value in 2021

USD 50,872.6 Mn

Market Forecast Value in 2032

USD 105,379.4 Mn

Global Growth Rate

7.6

%

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

MT for Volume and USD Mn for Value

Key Regions Covered

North America, Latin America, Europe, Japan, APEJ and MEA

Key Countries Covered

United States, Canada, Brazil, Mexico, Argentina,
EU5, Russia, Poland, China, ASEAN, Australia and
New Zealand, Japan, GCC countries, Ethopia,
North Africa, South Africa, others.

Key Market Segments Covered

Product Type, Component, Equipment, Application, End user, Region

Key Companies Profiled

  • Kellogg Company

  • George Weston Limited

  • Riviana Foods Inc

  • Pinnacle Foods Inc.

  • General Mills Inc.

  • The Quaker Oats Company

  • La Brea Bakery Inc

  • Warburtons Limited

  • Mckee Foods

  • The Hain Celestial Group Inc

  • Nestlé S.A

  • Kind LLC

  • Mondelez International

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About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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