Farro Market Set to Reach $513.8 Million by 2030, Growing at a CAGR of 10.1%

The global farro market is experiencing substantial growth, driven by rising health consciousness, demand for organic products

WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, July 25, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Farro Market by Type, Nature and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030.”

📍𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 : https://www.alliedmarketresearch.com/request-sample/14248

Farro is a cereal grain in which, unlike wheat, the husk adheres to the grain, just as in barley and oats. Farro, a grain, is an unhybridized form of wheat. It has a firm, chewy texture. Its fiber content therefore is high and so are nutrients such as Vitamin E and protein. Furthermore, farro has a high rusticity and great environmental adaptability, which allows it not to be affected by wild herbs.

The global farro market is experiencing substantial growth, with a projected value of $513.8 million by 2030 and a CAGR of 10.1% from 2021 to 2030. This growth is driven by the increasing demand for organic and healthy food ingredients, aligning with the trend of clean label food products free from synthetic additives and harmful chemicals.

The rise in health consciousness among consumers has increased exponentially. There is an ongoing shift in the dietary habits among consumers, wherein they are increasing opting for heathier plant-based alternatives. Hence, the food industry players are responding by developing a wide range of healthy alternatives, such as farro pasta, biscuits, sweets, among others. Moreover, in the recent years, food traceability has become an important aspect among consumers, as they care more about what they are eating and where their food is sourced. In addition, consumers demand for creativity and variety in their melas; hence, they are experimenting with new products and adding plant-based food products to their diet, which, in turn, propels the farro market growth.

Farro is a cereal grain in which, unlike wheat, the husk adheres to the grain, just as in barley and oats. Farro, a grain, is an unhybridized form of wheat. It has a firm, chewy texture. Its fiber content therefore is high and so are nutrients such as Vitamin E and protein. Furthermore, farro has a high rusticity and great environmental adaptability, which allows it not to be affected by wild herbs.

The rise in health consciousness among consumers has increased exponentially. There is an ongoing shift in the dietary habits among consumers, wherein they are increasing opting for heathier plant-based alternatives. Hence, the food industry players are responding by developing a wide range of healthy alternatives, such as farro pasta, biscuits, sweets, among others. Moreover, in the recent years, food traceability has become an important aspect among consumers, as they care more about what they are eating and where their food is sourced. In addition, consumers demand for creativity and variety in their melas; hence, they are experimenting with new products and adding plant-based food products to their diet, which, in turn, propels the farro market growth.

📍𝐊𝐞𝐲 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡:

💡𝐇𝐞𝐚𝐥𝐭𝐡 𝐂𝐨𝐧𝐬𝐜𝐢𝐨𝐮𝐬𝐧𝐞𝐬𝐬:
Rising health consciousness among consumers has led to a shift in dietary habits, with a preference for healthier, plant-based alternatives. Farro, a nutritious grain with high fiber, Vitamin E, and protein content, fits well into this trend.

💡𝐅𝐨𝐨𝐝 𝐓𝐫𝐚𝐜𝐞𝐚𝐛𝐢𝐥𝐢𝐭𝐲:
Consumers are becoming more concerned about the sourcing of their food, leading to a demand for traceability. Farro, with its natural and wholesome properties, aligns with the growing interest in knowing where food comes from.

💡𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 𝐚𝐧𝐝 𝐂𝐫𝐞𝐚𝐭𝐢𝐯𝐢𝐭𝐲 𝐢𝐧 𝐌𝐞𝐚𝐥𝐬:
Consumers are experimenting with new, plant-based food products, contributing to the growth of the farro market. The demand for variety and creativity in meals has driven the development of farro-based products like pasta, biscuits, and sweets.

📍𝐈𝐧𝐪𝐮𝐢𝐫𝐞 : https://www.alliedmarketresearch.com/purchase-enquiry/A13879

📍𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

💡𝐓𝐲𝐩𝐞:
Whole grain farro dominated the market in 2020, holding a 65.18% share. However, the semi pearled & pearled segment is expected to grow faster due to its quicker cooking time and increasing culinary applications.

💡𝐍𝐚𝐭𝐮𝐫𝐞:
Conventional farro held the dominant share in 2020 (58.1%), but the organic segment is anticipated to grow faster. This growth is attributed to increased health consciousness, higher consumer spending, and a preference for non-GMO and pesticide-free products.

💡𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:
The offline segment, particularly supermarkets and hypermarkets, accounted for the maximum share in 2020. However, the online segment is expected to grow faster due to rising consumer convenience and wider reach through online platforms.

💡𝐑𝐞𝐠𝐢𝐨𝐧:
Europe was the prominent region in 2020, driven by the popularity of plant-based foods, substantial consumption, and a focus on nutritional content. North America is expected to witness significant growth, with consumers showing an inclination toward health-conscious products and plant-based alternatives.

The farro market is on a growth trajectory, fueled by the demand for healthy and organic food products. Consumer preferences for clean label foods, traceability, and diverse meal options contribute to the market's expansion. Despite challenges posed by the COVID-19 pandemic, the farro market is expected to rebound and witness substantial growth, especially in regions like North America with a growing interest in health-conscious alternatives.

📍𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 : https://www.alliedmarketresearch.com/checkout-final/c7a7a6880b46d4992c4591f76425f1b1

By type, the whole grain farro category was the dominant segment in 2020 with 65.18% share. This is attributed to the fact that whole grains are wholesome and have a higher nutritional profile. However, the semi pearled & pearled segment is anticipated to grow at a faster rate during the farro market forecast period, owing to its rising culinary applications since it enables faster cooking time.

On the basis of nature, the conventional category was the dominant segment in 2020 with 58.1% share in the market. This is attributed to the fact that conventionally sourced farro is relatively low priced as compared to its counterparts, and is largely used for selling. However, the organic segment is anticipated to grow at a faster rate during the forecast period, owing to increase in health consciousness among consumers, rise in consumer spending, and inclination toward non-GMO & pesticide-free grown products.

📝 𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.

We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

📞𝐂𝐨𝐧𝐭𝐚𝐜𝐭

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