Global Rye Flour Market growing at a CAGR of 3.4% from 2023 to 2031
Category : Food And Beverages | Published Date : Dec 2023 | Type : Press Release
Key Market Overview
Consegic Business Intelligence analyzes that the rye flour market is predicted to grow at a compound annual growth rate of 3.4% from 2023 to 2031 and is expected to reach USD 57.12 million in 2031 and 43.83 million in 2023 which was valued at USD 42.70 million in 2022.
The report highlights the increasing demand for rye flour in the food industry across the globe, which is augmenting the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the rye flour market.
Global Rye Flour Market By Overview
The rye flour market is bifurcated into the product type and distribution channel. Based on the product type, the market is segmented into organic rye flour and normal rye flour. In 2022, the organic rye flour segment dominate the overall rye flour market. Based on distribution channel, the market is segmented into supermarket/hypermarket, convenience stores, specialty stores, online channels, and others. In 2022, the supermarket/hypermarket segment dominates the overall rye flour market.
Get Free SampleMarket Dynamics
Driver:
- Increasing demand for rye flour in the food industry
- Rising awareness about the health benefits of rye flour.
Restraints:
- Limited supply of rye leading to high price sensitivity
Market Segmentation:
| Report Attributes | Report Details |
| By Product Type | Organic Rye Flour and Normal Rye Flour |
| By Distribution Channel | Supermarket/Hypermarkets, Convenience Stores, Specialty Stores, Online Channels, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as Great River Organic Milling, Ratton Pantry Ltd., FWP Matthews Ltd, and La Milanaise., which have a strong market position in the current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions. Furthermore, the rye flour market is expected to witness substantial growth in the coming years due to rising fitness and wellness trends among consumers in the rye flour industry in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
- Great River Organic Milling
- Ratton Pantry Ltd.
- FWP Matthews Ltd.
- La Milanaise.
- Shipton Mill
- Grain Millers, Inc.
- Swiss Bake Ingredients Pvt. Ltd.
- King Arthur Baking Company, Inc.
- Bay State Milling Company
- DOBELES DZIRNAVNIEKS AS
- Doves Farm Foods Ltd.
- Arrowhead Mills
- Hodmedod's British Wholefoods.
- SwissBake
- Bob's Red Mill Natural Foods.
- Craggs & Co Farms Limited
