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Growing adoption of superfoods
The growing demand for superfoods is expected to create lucrative growth opportunities during the forecast period. Consumers are increasingly favoring grains and pseudo-grains like amaranth and quinoa, which will further drive the market growth. Compared to other grains, chia, amaranth, and quinoa require minimum effort for cultivation, enhancing the demand for ancient grains in the United States market. Similarly, growing consumer awareness regarding health and demand for gluten-free food and beverages have fueled the growth of the ancient grains market in the US. The chia, amaranth, and quinoa markets are driven by increased demand for organic or natural products in the cosmetic industry. Gluten is associated with various diseases such as intestinal damage and osteoporosis. The rising prevalence of these diseases and increasing consumer awareness have shifted preferences towards healthier substitutes, further driving the demand for the market.Increased demand for healthy food grains
As consumers become more health-conscious, there has been a significant increase in the demand for ancient grains in the United States. This is expected to create lucrative market growth during the forecast period. Additionally, the growing usage of smart farming techniques and government initiatives to adopt advanced agricultural technology will further boost market growth. Due to the increased use of these grains in food, cosmetics, and medical industries, the ancient grains market is poised to grow significantly in the US. Ancient grains and pulses are major sources of plant-based nutrition, making them natural and healthy food ingredients that can be used in various industries.Market Segmentation
The United States Ancient Grains market can be segmented by type, application, region, and competitive landscape. Based on type, the market can be segmented into Quinoa, Amaranth, Millet, Sorghum, Teff, Buckwheat, and Others. Based on application, the market can be segmented into Food & Beverage, Animal Feed, Dietary Supplements, and Others.Recent Developments
- In January 2020, J.R. Simplot Co. acquired Pinnacle Agriculture. With this acquisition, the company began distributing agricultural crop inputs and related services. The company currently offers its products and services to over 40,000 farmers in North America.
Market Players
Cargill Inc., Bunge Limited, Archer Daniels Midland Company, Great River Organic Milling Inc., Manini's, LLC., Urbane Grain Inc., and Grand Teton Ancient Grains are some of the leading players operating in the United States Ancient Grains market.Report Scope
In this report, the United States Ancient Grains market has been segmented into following categories, in addition to the industry trends which have also been detailed below:United States Ancient Grains Market, by Type:
- Quinoa
- Amaranth
- Millet
- Sorghum
- Teff
- Buckwheat
- Others
United States Ancient Grains Market, by Application:
- Food & Beverage
- Animal Feed
- Dietary Supplements
- Others
United States Ancient Grains Market, by Region:
- North-East
- Mid-West
- West
- East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the United States Ancient Grains Market.Available Customizations
The following customization options are available for the report:- Detailed analysis and profiling of additional market players (up to five).
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Table of Contents
Companies Mentioned
- Cargill Inc.
- Bunge Limited
- Archer Daniels Midland Company
- Great River Organic Milling Inc.
- Manini's, LLC.
- Urbane Grain Inc.
- Grand Teton Ancient Grains
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 73 |
Published | August 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 90.37 Million |
Forecasted Market Value ( USD | $ 142.27 Million |
Compound Annual Growth Rate | 7.7% |
Regions Covered | United States |
No. of Companies Mentioned | 7 |