Latest News- Spelt Market: Conventional spelt is expected to lead the Product segment during 2024-2028

The Spelt Market is being driven by Change in food preferences among consumers

The Spelt Market is expected to grow at a CAGR of 3.7% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 11.79 billion. The global spelt market is poised for significant growth during the forecast period, driven in part by the expanding retail landscape. Supermarkets, hypermarkets, convenience stores, and discount stores remain the primary distribution channels for spelt products. However, the increasing preference for online shopping is a noteworthy trend, with e-commerce platforms gaining traction. This trend offers consumers the convenience of accessing a vast array of spelt products from the comfort of their homes, contributing to the market's growth. Online portals' ease and variety are expected to attract more consumers, bolstering the global spelt market's expansion. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Conventional spelt
  • Organic spelt
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Change in food preferences among consumers
• Increasing use of spelt as a substitute for grains
• Increasing awareness of health benefits of spelt

However, the market also witnesses some limitations, which are as follows:

• Shortage of spelt
• Availability of substitute products
• Side effects of spelt

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Market Scope in Spelt Market Research Report

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Research Analysis Overview

Spelt, an ancient grain, is gaining popularity in the health-conscious community due to its nutritious properties. This sustainable food option is rich in fiber, making it a digestive regulator and aide for conditions like constipation and diverticulitis. Spelt wheat is gluten-free and safe for those with celiac disease. It's high in vitamins and minerals, including niacin for energy and sexual hormones, thiamin for psychological stress reduction, and proteins for muscle growth. Spelt flour offers numerous nutritional benefits, and its production supports sustainable agriculture. Choose spelt for a healthier, gluten-free lifestyle.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in processing foods to enhance their shelf life and eliminate microorganisms. According to Technavio, the market's size is determined by the consolidated revenue of participating companies. This market excludes food processing equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties. The market's expansion will be fueled by the growing preference for nutritious, minimally processed foods, such as ancient grains like spelt, which offer high fiber content, digestive health benefits, and are rich in vitamins, minerals, and protein. Additionally, the demand for sustainable food options, gluten-free grains like spelt, and alternative protein sources for individuals with celiac disease, gluten intolerance, and those following plant-based diets, further bolsters market growth. Spelt flour and pasta are prime examples of value-added spelt products that cater to these consumer trends.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/