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Global Buckwheat Market: By Source: Organic, Non Organic; By Form: Groats, Flour, Flakes, Others; By Application: Food and Beverages, Animal Feed, Cosmetic and Personal Care, Others; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Buckwheat Market Outlook

The global buckwheat production reached a volume of about 4.3 million tons in 2019. The industry is also expected to grow in value at a CAGR of 4% in the forecast period of 2020-2025.

 

Europe and North America Aiding the Growth of the Global Market for Buckwheat

The global buckwheat market is significantly being dominated by Europe and North America. Poland accounts for a significant share of exports, followed by Bolivia and Peru. The demand for the product is growing in the European and North American regions due to the changing lifestyles of the consumers, which has led to the rising occurrence of lifestyle-related diseases such as diabetes, obesity, high cholesterol, and high blood pressure, among others. The rising demand for superfoods owing to the rising health consciousness across the regions is propelling the growth of the industry.

The Asia Pacific also holds a significant share of the industry, with China and Japan showcasing a thriving demand for the product. Buckwheat is a healthy food product, and the rising awareness about its health benefits is boosting the market growth. The food habits of the consumers are changing, and the preference for healthy and superfoods is on the rise. With the rising disposable incomes as well as the availability of these superfoods on e-commerce platforms, the demand for buckwheat is witnessing a boost.

 

Buckwheat: Industry Definition and Segmentation

Buckwheat contains a rutin called flavonoid that strengthens the blood vessels. Rutin has also been described as vitamin P, and its ability to improve and retain the elasticity of the blood vessel is well established. Buckwheat is a varied component in supplements used to avoid diseases related to ageing vessels, including hypertension, atherosclerosis, and stroke of myocardial infarction. Many benefits of the product consumption include improved digestion, building immunity, and bone safety, among others.

Based on source, the industry can be divided into the following:

  • Organic
  • Non Organic

The form of the product can be divided as follows:

  • Groats 
  • Flour 
  • Flakes
  • Others

It finds wide applications in the following:

  • Food and Beverages
  • Animal Feed
  • Cosmetic and Personal Care
  • Others

The regional markets for buckwheat can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Awareness of the Health Benefits of Buckwheat Bolstering the Market Growth

The diversified use of buckwheat extract in herbal formulations offering benefits like strengthening the blood vessel and increasing blood flow, added health benefits in bone health management, and more are expected to accelerate the market growth in the forecast period. Buckwheat extract can also be combined with the majority of food items that can be used in the food and beverage sectors for further use. Thus, another major driver for the growth of the global buckwheat industry is the rising use of its extract in a variety of food products as an additive.
 

Key Industry Players in the Global Buckwheat Market

The report gives a detailed analysis of the following key players in the global buckwheat market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Archer Daniels Midland Company (ADM)
  • Wilmar International Limited
  • Skvyrskyi Grain Processing Factory Ltd
  • Bob’s Red Mill Natural Foods
  • Minn-Dak Growers Ltd.
  • Bulk Barn Foods Limited
  • The Birkett Mills
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Buckwheat Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Buckwheat Historical Market (2015-2019) 
    8.3    Global Buckwheat Market Forecast (2020-2025)
    8.4    Global Buckwheat Market by Source
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Non Organic
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
    8.5    Global Buckwheat Market by Form
        8.5.1    Groats
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Flour
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Flakes
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Others
    8.6    Global Buckwheat Market by Application
        8.6.1    Food and Beverages
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Animal Feed
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
        8.6.3    Cosmetic and Personal Care
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2015-2019)
            8.6.3.3    Forecast Trend (2020-2025)
        8.6.4    Others
    8.7    Global Buckwheat Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis (HS Code: 100810)

    12.1    Major Exporting Countries:
        12.1.1     By Value 
        12.1.2    By Volume
    12.2    Major Importing Countries
        12.2.1     By Value
        12.2.2     By Volume
13    Price Analysis
    13.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    13.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
14    Manufacturing Process
    14.1    Overview
    14.2    Detailed Process Flow
    14.3    Operation Involved
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Archer Daniels Midland Company (ADM)
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Wilmar International Limited
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Skvyrskyi Grain Processing Factory Ltd
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Bob’s Red Mill Natural Foods
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Minn-Dak Growers Ltd.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Bulk Barn Foods Limited
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    The Birkett Mills
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments
    
List of Figures and Tables

1.    Global Buckwheat Market: Key Industry Highlights, 2015 and 2025
2.    Global Buckwheat Historical Market: Breakup by Source (USD Million), 2015-2019
3.    Global Buckwheat Market Forecast: Breakup by Source (USD Million), 2020-2025
4.    Global Buckwheat Historical Market: Breakup by Form (USD Million), 2015-2019
5.    Global Buckwheat Market Forecast: Breakup by Form (USD Million), 2020-2025
6.    Global Buckwheat Historical Market: Breakup by Application (USD Million), 2015-2019
7.    Global Buckwheat Market Forecast: Breakup by Application (USD Million), 2020-2025
8.    Global Buckwheat Historical Market: Breakup by Region (USD Million), 2015-2019
9.    Global Buckwheat Market Forecast: Breakup by Region (USD Million), 2020-2025
10.    North America Buckwheat Historical Market: Breakup by Country (USD Million), 2015-2019
11.    North America Buckwheat Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Europe Buckwheat Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Europe Buckwheat Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Asia Pacific Buckwheat Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Asia Pacific Buckwheat Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Latin America Buckwheat Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Latin America Buckwheat Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    Middle East and Africa Buckwheat Historical Market: Breakup by Country (USD Million), 2015-2019
19.    Middle East and Africa Buckwheat Market Forecast: Breakup by Country (USD Million), 2020-2025
20.    Major Importing Countries by Volume (2019)
21.    Major Exporting Countries by Volume (2019)
22.    Major Importing Countries by Value (2019)
23.    Major Exporting Countries by Value (2019)
24.    North America Historical Price Trends and Forecast 2015-2025
25.    Europe Historical Price Trends and Forecast 2015-2025
26.    Asia Pacific Historical Price Trends and Forecast 2015-2025
27.    Latin America Historical Price Trends and Forecast 2015-2025
28.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
29.    Global Buckwheat Market Structure

Key Questions Answered in the Report

In 2019, the global buckwheat market attained a production volume of nearly 4.3 million tons.

The market is projected to grow in terms of value at a CAGR of 4% between 2020 and 2025.

The major drivers of the industry, such as rising disposable incomes, increasing population, rising health consciousness, the growing use of its extract in a variety of food products as an additive, diversified use of buckwheat extract in herbal formulations, changing lifestyles of the consumers, and rising prevalence of lifestyle-related diseases, are expected to aid the market growth.

The key market trends guiding the growth of the market include the growing demand for superfoods and the rising penetration of e-commerce platforms.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading sources of buckwheat in the market are organic and non organic.

The major forms of buckwheat in the industry are groats, flour, and flakes, among others.

The significant application segments in the market are food and beverages, animal feed, and cosmetic and personal care, among others.

The major players in the industry are Archer Daniels Midland Company (ADM), Wilmar International Limited, Skvyrskyi Grain Processing Factory Ltd, Bob’s Red Mill Natural Foods, Minn-Dak Growers Ltd., Bulk Barn Foods Limited, and The Birkett Mills, among others.

Analyst Review

The global buckwheat market attained a production volume of 4.3 million tons in 2019, driven by the rising health consciousness. Aided by the growing demand for superfoods, the market is expected to witness a moderate growth in terms of value in the forecast period of 2020-2025, growing at a CAGR of 4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By source, the market is divided into organic and non organic. Based on form, the industry is segmented into groats, flour, and flakes, among others. On the basis of application, the market is categorised into food and beverages, animal feed, and cosmetic and personal care, among others. The major regional markets for buckwheat are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Archer Daniels Midland Company (ADM), Wilmar International Limited, Skvyrskyi Grain Processing Factory Ltd, Bob’s Red Mill Natural Foods, Minn-Dak Growers Ltd., Bulk Barn Foods Limited, and The Birkett Mills, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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