PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258059
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258059
Global Rye market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX over the forecast period 2022-2029. Rye is considered a minor crop in comparison to wheat, and acreage continues to drop in most parts of the world. Rye is a very hardy crop. It can withstand hard winters, sandy soils with low fertility, and drought. It is more resistant to aluminum toxicity than other cereals and so better adapted to severely acidic soils. It requires around 30% less water than wheat. In certain circumstances, rye production is the only way to generate economic returns on marginal land. The market demand is primarily driven by the ways of adjusting to risks and uncertainties in countries with poor quality soil and it can also handle colder temperatures as compared to other grains.
In addition, factors such as favorable quantity of essential nutrients such as vitamin B, vitamin C, folate, fiber, and certain amino acids, coupled with the rising public awareness towards health benefits of rye are increasing the demand for the crop. According to Statista, The global market for dietary fibres is expected to be worth $6.2 billion in 2021, with a compound annual growth rate of 10.5%. Furthermore, the increasing demands for fiber-rich food products are presenting lucrative opportunities for market growth over the forthcoming years. However, rapid climatic changes is restricting the market growth over the forecast period of 2022-2029.
The key regions considered for the Global Rye market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominated the market in terms of revenue, owing to the growing adoption of healthy food option and as a staple food. Whereas, Europe is expected to grow at the highest growth rate over the forecasting period. Factors such as rising demand for the crop in the countries of this region are burgeoning the market growth in the forecasting years.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable