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Global Wheat Market: By Type: Hard Red Winter (HRW), Hard Red Spring (HRS), Soft Red Winter (SRW), White Wheat, Durum Wheat; By Application: Feed, Food, Industrial, Others; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Price Analysis; Trade Analysis (HS Code: 1001); Value Chain Analysis; Procurement Strategy; Cost Analysis

Global Wheat Market Key Insights:

 

  • Applications: Feed, Food, Industrial and Others
  • Market Analysis and Outlook 2020-2025
  • SWOT Analysis
  • Demand Indicators
  • Breakup by Region
  • Price Analysis
  • Competitive Landscape
  • Value Chain Analysis
  • Mergers and Acquisitions

 

Market Outlook

The global wheat market reached a consumption volume of around 734.7 million metric tons in 2019. The consumption is expected to grow at a CAGR of 2.7% in the forecast period of 2020-2025 to reach a volume of 861.5 million metric tons by 2025.

The major producing countries include the European Union, China, India, Russia, and the United States, with the European Union accounting for a fifth of the total global wheat output. Russia, along with the European Union, the United States, Canada, Australia, exports large volumes of the crop to the other regions. Russia is the leading exporter of the crop, accounting for nearly 18.5% of the total global exports of the crop. The output level especially in Russia and the European Union is rising owing to consumption growth and low harvest in the United States. The growing end-use industries in South East Asia and potential export growth in Russia is providing a push to the production growth and boosting the supply share globally.

The major consuming regions for wheat include the European Union, accounting for nearly 45% of the global consumption. Other major consumers of wheat include China, India, Russia, and the United States. The European Union also imports wheat in order to meet the regional demand. Egypt, Indonesia, Brazil, and Algeria are among the major importing regions.

The global wheat market is being driven significantly by the wheat starch industry, which reached a volume of around 5 million metric tons in 2019. The starch industry is likely to witness a steady growth in the coming years, which is expected to propel the wheat market growth further. The major wheat starch producing regions are France, the United States, the Netherlands, the United Kingdom, Australia, Canada, Belgium, Canada, China, and Japan.

Properties and Applications

Wheat is the most essential type of cereal cultivated in temperate regions, the grain of which is crushed to produce flour for making products like bread, pasta, and pastry, among others. The various types of the crop available in the wheat market are:

  • Hard Red Winter (HRW)
  • Hard Red Spring (HRS)
  • Soft Red Winter (SRW)
  • White Wheat
  • Durum Wheat

Hard red winter (HRW) is the leading type of the crop, accounting for 40% of the total production of the crop. It is commonly used in the production of bread.

The product finds wide applications in the following segments:

  • Feed
  • Food
  • Industrial
  • Others

Food, seed, industrial is the leading application sector for wheat.

The EMR report also covers the regional markets like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Market Analysis

The global wheat market is being driven by the food industry, which is rapidly growing across all the regions with the increasing disposable income of the people, especially in the developing nations like India and China. With globalisation, the prevalence of processed food has seen a faster growth and, thus, is driving the demand for wheat. The crop is a staple food product in many regions, especially in India, among other Asian countries.

The growing demand for the product is being aided by the rapidly rising population, which has increasing demand for both wheat and its starch. The demand for wheat is higher among the middle-class population, which affects the industry significantly. The global wheat market is being driven significantly by the growing starch industry. The demand for wheat starch is witnessing a healthy growth since many years and the growth is likely to be more in the coming years, owing to the increasing popularity of processed food. Wheat starch is also in demand among the health-conscious people due to the product being gluten free and low in calorie-content. The increasing demand for personal care products including dry shampoo, cleansers, lotions, is further pushing the wheat starch market, and thus, driving the overall wheat market growth.

The growing demand for animal feed is also providing an impetus to the industry growth. The demand for processed flour is rising due to the growing food and beverage industries, further propelling the growth of wheat market.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Wheat Market Analysis
    6.1    Figure: Global Wheat Historical Market (2015-2019) & Forecast (2020-2025)
    6.2    Chart: Global Wheat Market Breakup by Type
        6.2.1    Hard Red Winter (HRW)
        6.2.2    Hard Red Spring (HRS)
        6.2.3    Soft Red Winter (SRW)
        6.2.4    White Wheat
        6.2.5    Durum Wheat
    6.3    Chart: Global Wheat Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
        6.3.1    Hard Red Winter (HRW)
        6.3.2    Hard Red Spring (HRS)
        6.3.3    Soft Red Winter (SRW)
        6.3.4    White Wheat
        6.3.5    Durum Wheat
    6.4    Chart: Global Wheat Market Breakup by Application
        6.4.1    Feed
        6.4.2    Food
        6.4.3    Industrial
        6.4.4    Others
    6.5    Figure: Global Wheat Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
        6.5.1    Feed
        6.5.2    Food
        6.5.3    Industrial
        6.5.4    Others
    6.6    Chart: Global Wheat Market Breakup by Region
        6.6.1    North America
            6.6.1.1    United State of America
            6.6.1.2    Canada
        6.6.2    Europe
            6.6.2.1    United Kingdom
            6.6.2.2    Germany
            6.6.2.3    France
            6.6.2.4    Italy
            6.6.2.5    Others
        6.6.3    Asia Pacific
            6.6.3.1    China
            6.6.3.2    Japan
            6.6.3.3    India
            6.6.3.4    ASEAN
            6.6.3.5    Others
        6.6.4    Latin America
            6.6.4.1    Brazil
            6.6.4.2    Argentina
            6.6.4.3    Colombia
            6.6.4.4    Others
        6.6.5    Middle East and Africa
            6.6.5.1    Saudi Arabia
            6.6.5.2    United Arab Emirates
            6.6.5.3    Nigeria
            6.6.5.4    South Africa
            6.6.5.5    Others
    6.7    Figure: Global Wheat Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
        6.7.1    North America
            6.7.1.1    United State of America
            6.7.1.2    Canada
        6.7.2    Europe
            6.7.2.1    United Kingdom
            6.7.2.2    Germany
            6.7.2.3    France
            6.7.2.4    Italy
            6.7.2.5    Others
        6.7.3    Asia Pacific
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    ASEAN
            6.7.3.5    Others
        6.7.4    Latin America
            6.7.4.1    Brazil
            6.7.4.2    Argentina
            6.7.4.3    Colombia
            6.7.4.4    Others
        6.7.5    Middle East and Africa
            6.7.5.1    Saudi Arabia
            6.7.5.2    United Arab Emirates
            6.7.5.3    Nigeria
            6.7.5.4    South Africa
            6.7.5.5    Others
7    Global Wheat Price Analysis
    7.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
8    Global Wheat Trade Analysis (HS Code: 1001)
    8.1    Major Exporting Countries: By Value and Volume
    8.2    Major Importing Countries: By Value and Volume
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Porter’s Five Forces Analysis
    10.1    Overview
    10.2    Buyer’s Power
    10.3    Supplier’s Power
    10.4    New Entrants
    10.5    Degree of Rivalry
    10.6    Substitutes
11    Value Chain Analysis
12    EMR’s Key Indicators for Demand
13    EMR’s Key Indicators for Price

14    Procurement Strategy
    14.1    Engagement Model
    14.2    Contract Model
    14.3    Price Model
15    Cost Analysis
    15.1    Raw Material Cost
    15.2    Labour Cost
    15.3    Machinery and Fuel Cost
    15.4    Other Cost

Key Questions Answered in the Report

The global wheat starch market reached a volume of 6.3 million tons in 2019.

The market is projected to grow at a CAGR of nearly 1.1% in the forecast period of 2020-2025.

The market is estimated to reach a volume of 6.7 million tons by 2025.

The major drivers of the industry include the rising disposable incomes, increasing population, and rising demand for low-calorie sweeteners and gluten-free food.

The overall rise in starch production and consumption is expected to be a key trend guiding the growth of the industry.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with Europe accounting for the largest market share.

The major types of the product include native starch and modified starch.

The end-use sectors include sweeteners, fuel, paper and textiles, and food, among others.

The leading players in the global wheat starch market are Cargill Incorporated, ADM, Roquette Freres, Tereos, AGRANA Beteiligungs-AG, and Tate and Lyle, among others.

Analyst Review

The global wheat market attained a consumption volume of nearly 734.7 million metric tons in 2019. It is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 2.7%. The industry is projected to reach a consumption volume of around 861.5 million metric tons by 2025.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on types, the global wheat market can be segmented into hard red winter (HRW), hard red spring (HRS), soft red winter (SRW), white wheat, and durum wheat, with hard red winter (HRW) leading the market with a 40% market share. On the basis of application, the industry can be divided into feed, food, and industrial, with food and industrial sectors dominating the application sectors. North America, Latin America, Europe, the Middle East and Africa, Europe, and the Asia Pacific are the major regions in the wheat market.

The major drivers of the industry such as rising disposable incomes, increasing population, rising urbanisation, growing demand for starch-based food, rising middle class population, and growing food industry are driving the growth of the industry globally. 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 industry insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:

  • How has the global wheat market performed in the previous years (2015-2019)?
  • What is the forecast assessment of the market for 2020-2025?
  • What are the major industry drivers and constraints?
  • What are the major price and demand indicators of the global wheat market?
  • What are the price trends of the product in the industry globally?
  • Who are the key manufacturers of the product in the global market?
  • What are the import and export trends in the global wheat market?
  • Who are the top importers and exporters of the product in the industry globally?
  • What is the degree of competition in the global wheat market?
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