Global Farro Market, By Type (Whole Grain Farro and Semi Pearled and Pearled Farro), Nature (Organic and Conventional), Distribution Channel (Online and Offline), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Farro Market
Data Bridge Market Research analyses that the global farro market will project a CAGR of 11.65% for the forecast period of 2022-2029. Growth and expansion of the food and beverages industry, growing focus on innovations by the food and beverages sector, rising consumer consciousness towards the consumption of nutritional food items, changings tastes and preferences of consumers, rising usage of farro in different dishes and cuisines and increasing personal disposable income by the major companies are the major factors attributable to the growth of farro market.
Also known as hulled wheat, faro is an ancient cereal crop of the Mediterranean region. Farro is made up of grain combination of different species and is therefore, rich in protein and fibre content. Farro can be sourced both conventionally and organically. Farro is a cereal grain which is an unhybridized form of wheat and has a firm and chewy texture. Consumption of farro provides a wide range of health benefits owing to the presence of a composition of vitamin E, protein, fibre and essential minerals. Farro crops don’t get affected by the wild herbs as they have high rusticity and great environmental adaptability.
Rising personal disposable income and growing prevalence of obesity and other chronic disorders are the major factors fostering the growth of the farro market. Changing lifestyle, westernization, rising research and development initiatives taken by major companies especially in the developing economies, surging awareness among the people in regards to maintaining health and fitness and on-going shift in the dietary habits among consumers are acting as farro market growth determinants. Improving distribution channel, rising demand for healthier plant-based alternatives, growing usage of farro in salad and broccoli, rising demand for private label brands and growing adoption of urban lifestyle will further induce growth in the farro market value.
However, mismanagement associated with the usage of pesticides on crops will pose a major challenge to the growth of the farro market. Fluctuations in the prices of agricultural equipment and high costs associated with the product and supply chain disruptions owing to the pandemic will further restrict the scope of growth for the farro market. High cost associated with the research and development activities and yields for farro during harvest is comparatively lower as compared to other staple grains which will also hamper the farro market growth rate.
This farro market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on farro market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Farro Market Scope and Market Size
The farro market is segmented on the basis of type, nature and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the farro market is segmented into whole grain farro and semi pearled and pearled farro.
- The farro market is segmented on the basis of nature. The nature is segmented into organic farro and conventional farro.
- On the basis of distribution channel, the farro market is segmented into offline and online. Offline segment is sub-segmented supermarkets, hypermarkets, specialty stores and others. Online segment is sub-segmented into company owned websites and e-commerce platforms.
Farro Market Country Level Analysis
The farro market is analyses and market size, volume information is provided by country, type, nature and distribution channel as referenced above.
The countries covered in the farro market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe region dominates the farro market and will continue to flourish its trend of dominance during the forecast period owing to the tremendous popularity and substantial consumption of plant-based foods in the region. North America region will score the highest growth rate owing to the growing levels of consumption protein rich clean label food items, rising inclination towards Italian food, growing population, surging lifestyle changes, changing lifestyle, and increasing personal disposable income.
The country section of the farro market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Farro Market Share Analysis
The farro market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to farro market.
Some of the major players operating in the farro market are Bluebird Grain Farms, Bob’s Red Mill Natural Foods., NATURE'S EARTHLY CHOICE, POGGIO del FARRO s.r.l., Roland Foods, LLC, Timeless Seeds Inc., Vigo Importing Co., Waitrose & Partners, Woodlands Foods, Anson Mills, Piovesana, Molino Rachello Srl, Glanbia plc, AMCO Proteins, QuestNutrition, NOW Foods, Nature's Bounty, Inc, ADM, Cargill, Incorporated and DuPont among others.
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