COTTAGE DE LA VALLEE, New York, Oct. 15, 2018 / PRNewswire / –
According to the latest market report published by Future Market Insights titled “Whole Grain and High Fiber Foods Market: Overall Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028”, the food market revenue generated whole grain and high in fiber have been estimated to be over US $ 43,714.3 million in 2018, which is expected to increase at a CAGR of 5.4% over the forecast period (2018-2028).
The growing awareness among consumers of the close association between food and health has proven to be one of the most important social developments of recent years. Various factors such as the busy lifestyles adopted by consumers, the increase in the obese population and the consumption of unhealthy foods have caused consumers to adopt healthy diets. Consumers take into account the type of food they eat on a daily basis. As a result, products such as whole grain and high fiber foods have gained traction over the past two years among their target customers. Whole grain, high fiber foods are products that have been made into finished products from whole grains or high fiber sources such as seeds and nuts. These whole grain, high fiber foods contain at least 51% whole grains or 10-15% dietary fiber. These include products such as bakery, breakfast cereals, pasta, and savory snacks. Whole-grain, high-fiber foods can also come from several sources of whole grains. Only finished and packaged products have been considered in the whole grain, high fiber food market, and the volume is based on the weight of the entire finished product.
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The prominence of whole grain, high fiber foods in the baking segment has been enduring, due to the increase in the number of diet conscious consumers. Whole grain and high fiber foods have a wide range of applications in the production of various baked goods such as breads, cakes and pastries, baked goods and mixes, and other frozen baked goods.
Based on source, the whole grain, high fiber foods market is segmented into corn, wheat, brown rice, oats, rye, barley, quinoa, and multigrain. 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. In terms of flavor, the fruit segment is expected to account for a 39.7% share of the global whole grain and high fiber food market in 2018. The food and beverage segment is expected to register a growth rate of 5.1% during the forecast period 2018 to 2028.
On the basis of product type, the baked goods segment is expected to represent a higher growth rate in the global whole grain and high fiber foods market during the forecast period. Based on region, the North American region is estimated to dominate the whole grain and high fiber food market, accounting for a significant revenue share of 24.3% in 2018, followed by Latin America in the global market for whole grain, high fiber foods.
Whole grain and high fiber foods market segmentation by product type Bakery products – breads, cakes and pastries, bakery ingredients and mixes, frozen products: breakfast cereals – flakes, muesli and granola, chips and crackers , snack bars, pasta and noodles; Flavor – Fruits, Nuts, Honey, Chocolate, Vanilla; Source-Corn, Wheat, Brown Rice, Oats, Rye, Barley, Quinoa, Mult-grain; Packaging format – Bags and sofas, Folding cartons, Trays and containers, Cans; Nature – Organic, Conventional: https://www.futuremarketinsights.com/reports/whole-grain-and-high-fiber-foods-market
Macroeconomic Market Factors Affecting the Whole Grain and High Fiber Food Market
A majority of manufacturers have positioned themselves as health promotion companies in line with global changes in dietary guidelines
The evolving regulatory scenario has significantly affected the consumption of whole grain and high fiber foods, especially in North America. Over the past year, sales of whole grain, high fiber foods have skyrocketed, and manufacturers are positioning themselves more and more as healthy businesses. With the changes in guidelines, a major impact has been seen on the labeling and marketing of products within the framework of the health and wellness sector.
According to the 2015-2020 Dietary Guidelines for Americans published by the United States Department of Agriculture, 50% of grains consumed by consumers should be whole grains to ensure adequate nutritional intake for the body. As a result of these changes, health-conscious consumers very religiously began to follow this recommended intake of whole grains and high-fiber foods, resulting in an exponential increase in whole grain cookies and product types. crispy.
New technological processes are adopted by manufacturers
New technologies are being developed that aim to use the by-products of the flour milling industry to isolate active compounds for specific food applications, or completely transform these components into forms that can be easily incorporated into food products. without disturbing their texture and other characteristics. Other technologies developed separate whole grain flours of the correct particle size for bakery applications
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Major Producers of Whole Grain, High Fiber Foods
Some of the major companies operating in the whole grains and high fiber foods market are Kellog Company, Nestlé SA, Mondelez International, General Mills Inc., The Quaker Oats Company, Kind LLC, EDNA International, La Brea Bakery Inc., George Weston Limited, Barilla GeR Fratelli SpA, The Hain Celestial Group Inc., Riviana Foods Inc., Mckee Foods, Pinnacle Foods Inc., Warburtons Limited , and others.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, personalized research reports and consulting services that are personalized in nature. IMF provides a complete packaged solution, which combines current market information, statistical anecdotes, technological insights, valuable growth information and an aerial view of the competitive environment and future market trends.
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SOURCE Future market outlook