Semolina Market Growth Outlook, Segments Share Analysis, Market Scenario Forecast 2020-2027
Market
Forecast
Global Semolina Market size is projected to be
valued at USD 2,260.09 Million by 2026 at a CAGR of 2.3% between 2020 and 2026.
Semolina is a coarse flour made from either wheat, rice, or corn. It is used as
part of both sweet and savory foods, has high nutritional content, and offers a
healthy choice for the health-conscious population. The demand for semolina is
increasing with the rising consumption of wheat products. Semolina is the main
ingredient in several fast food products such as pasta, noodles, and breakfast
cereals. The high consumption of these products has propelled the demand for
semolina across the globe. Furthermore, semolina is inexpensive and is easily
available to consumers belonging to all social-economical groups. Also, the
gluten-sensitive population can opt for rice-based semolina. These benefits are
likely to drive the demand for semolina market
growth during the forecast period.
Market USP
High nutritional content
Growth Opportunities in the Market
Growing Demand for Organic Products: Consumers around the world are becoming
increasingly aware of the adverse impact of chemicals on health. This
increasing awareness has promoted health consciousness and shifted consumer
preference toward products with minimal or no chemicals. This shift in
consumption patterns has created an opportunity for organic semolina
manufacturers.
Non-Store-Based Distribution Channels
Gaining Popularity Across the Globe: The non-store-based segment is projected to register the higher growth
rate during the forecast period. The non-store-based segment includes
e-commerce, wherein manufacturers distribute semolina through various online
shopping sites and/or their websites. Companies face difficulties in reaching
consumers in different parts of the globe through brick-and-mortar stores.
Thus, e-commerce channels enable companies to cater to the consumers’ needs and
expand brand presence.
Access Report Details @ https://www.marketresearchfuture.com/reports/semolina-market-10166
Key Players
- General Mills, Inc. (US)
- Conagra Brands (US)
- Honeywell Flour Mills (Nigeria)
- Europasta SE (Czech Republic)
- ARDENT MILLS (US)
- Gilchester Organics (UK)
- Shree Kailash Grain Mills Pvt. Ltd (India)
- SADAF FOODS (US)
- MISKO (Greece)
- Kupiec (Poland)
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013, United States of America
Comments
Post a Comment