Staple Food Global Market Report 2024

Description

Staple food refers to essential dietary items that form the foundation of a region or culture's diet, typically providing a significant portion of daily calorie intake. These foods are often abundant, affordable, and widely accessible, serving as reliable sources of nutrition and energy for populations.

The main types of staple foods include cereals, sugar, roots and tubers, fruits, vegetables, oil, and others. Vegetables, as staple food products, encompass a wide variety such as leafy greens, broccoli, and carrots. These can be found in both organic and conventional forms and are distributed through wholesale distributors, online retailers, other distribution channels, direct-to-consumer (D2C), and retail stores.

The staple food market research report is one of a series of new reports from The Business Research Company that provides staple food market statistics, including staple food industry global market size, regional shares, competitors with a staple food market share, detailed staple food market segments, market trends, and opportunities, and any further data you may need to thrive in the staple food industry. This staple food market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The staple food market size has grown strongly in recent years. It will grow from $1616.98 billion in 2023 to $1728.79 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to several factors, improvements in agricultural practices, population growth, colonial expansion, the Green Revolution, and increased investment in agriculture.

The staple food market size is expected to see strong growth in the next few years. It will grow to $2269.32 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to the increasing popularity of plant-based diets, the rise of e-commerce, rising demand for sustainably sourced food, the growth in organic staple foods, and changing consumer lifestyles. Major trends during this period include sustainable farming practices, innovations in agricultural technology, the development of new plant-based systems, increased demand for organic and non-GMO staple foods, and advancements in precision agriculture and smart farming.

The increasing popularity of plant-based diets is anticipated to drive the growth of the staple food market in the coming years. Plant-based diets focus on consuming foods derived from plants, including vegetables, fruits, nuts, seeds, oils, whole grains, legumes, and beans. The rise in popularity of these diets is attributed to growing awareness of health benefits, environmental concerns, and ethical considerations regarding animal welfare. Staple foods such as grains, legumes, and vegetables gain prominence within plant-based diets, enhancing nutritional intake, supporting sustainable agriculture, reducing reliance on resource-intensive animal farming, and promoting environmental sustainability. For example, in December 2021, the Plant Based Foods Association, a US-based food association, reported that U.S. retail sales of plant-based foods reached an all-time high of $7.4 billion, growing by 6.2% in 2021. This growth outpaced total food retail sales, with plant-based foods now comprising 2.7% of retail packaged meat sales and 1.4% of the total meat category. Thus, the increasing popularity of plant-based diets is driving the staple food market.

Leading companies in the staple food market are developing innovative products such as Instabowls to meet the growing demand for convenient, quick, and nutritious meal options. Instabowls are an innovative product line designed to provide a portable breakfast solution for busy consumers. For instance, in September 2022, Kellogg Company, a US-based food company, launched Instabowls. This revolutionary cereal innovation allows consumers to create instant milk by adding cold water to the bowl. Instabowls are available in four iconic Kellogg cereal varieties, including Frosted Flakes, Froot Loops, Apple Jacks, and Raisin Bran Crunch. This innovation addresses the common issue of accessing milk while on the go, making it easier for consumers to enjoy their favorite cereals anywhere, anytime.

In December 2023, Weetabix, a UK-based food processing company, acquired Deeside Cereals for an undisclosed amount. This acquisition aims to expand Weetabix's product portfolio and manufacturing capabilities in the UK, thereby strengthening its market position. Deeside Cereals is a UK-based company that manufactures staple foods.

Major companies operating in the staple food market are Cargill Incorporated, Nestle S.A., Archer-Daniels-Midland Company, Pepsico Inc., JBS S.A., Unilever PLC, AB InBev, Mars Incorporated, Coca-Cola Company, Mondelez International Inc., Danone S.A., Kraft Heinz Company, Diageo PLC, The Kellogg Company, ITC Limited, Adani Wilmar Ltd., General Mills Inc., Alliance Grain Traders (AGT) Food and Ingredients Inc., Saskcan Pulse Trading, Soylent Nutrition Inc., True Made Foods

Asia-Pacific was the largest region in the staple food market in 2023. The regions covered in the staple food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the staple food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The staple food market consists of sales of essential food items such as grains, pulses, spices, value-added products, and pantry staples. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Staple Food Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on staple food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for staple food ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The staple food market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Product : Cereals; Sugar; Roots And Tuber; Fruit; Vegetables; Oil; Other Products
2) By Nature: Organic; Conventional
3) By Distribution Channel: Wholesale Distributors; Online Retailers; Other Distribution Channels; Direct-to-Consumer (D2C); Retail Stores
Companies Mentioned: Cargill Incorporated; Nestle S.A.; Archer-Daniels-Midland Company; Pepsico Inc.; JBS S.A.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r19237

1. Executive Summary

2. Staple Food Market Characteristics

3. Staple Food Market Trends And Strategies

4. Staple Food Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Staple Food Market Size and Growth

5.1. Global Staple Food Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Staple Food Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Staple Food Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Staple Food Market Segmentation

6.1. Global Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cereals
Sugar
Roots And Tuber
Fruit
Vegetables
Oil
Other Products
6.2. Global Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Organic
Conventional
6.3. Global Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Wholesale Distributors
Online Retailers
Other Distribution Channels
Direct-to-Consumer (D2C)
Retail Stores

7. Staple Food Market Regional And Country Analysis

7.1. Global Staple Food Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Staple Food Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Staple Food Market

8.1. Asia-Pacific Staple Food Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Staple Food Market

9.1. China Staple Food Market Overview
9.2. China Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Staple Food Market

10.1. India Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Staple Food Market

11.1. Japan Staple Food Market Overview
11.2. Japan Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Staple Food Market

12.1. Australia Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Staple Food Market

13.1. Indonesia Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Staple Food Market

14.1. South Korea Staple Food Market Overview
14.2. South Korea Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Staple Food Market

15.1. Western Europe Staple Food Market Overview
15.2. Western Europe Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Staple Food Market

16.1. UK Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Staple Food Market

17.1. Germany Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Staple Food Market

18.1. France Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Staple Food Market

19.1. Italy Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Staple Food Market

20.1. Spain Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Staple Food Market

21.1. Eastern Europe Staple Food Market Overview
21.2. Eastern Europe Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Staple Food Market

22.1. Russia Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Staple Food Market

23.1. North America Staple Food Market Overview
23.2. North America Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Staple Food Market

24.1. USA Staple Food Market Overview
24.2. USA Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Staple Food Market

25.1. Canada Staple Food Market Overview
25.2. Canada Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Staple Food Market

26.1. South America Staple Food Market Overview
26.2. South America Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Staple Food Market

27.1. Brazil Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Staple Food Market

28.1. Middle East Staple Food Market Overview
28.2. Middle East Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Staple Food Market

29.1. Africa Staple Food Market Overview
29.2. Africa Staple Food Market, Segmentation By Product , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Staple Food Market, Segmentation By Nature, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Staple Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Staple Food Market Competitive Landscape And Company Profiles

30.1. Staple Food Market Competitive Landscape
30.2. Staple Food Market Company Profiles
- 30.2.1. Cargill Incorporated
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Nestle S.A.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Archer-Daniels-Midland Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Pepsico Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. JBS S.A.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Staple Food Market Other Major And Innovative Companies

31.1. Unilever PLC
31.2. AB InBev
31.3. Mars Incorporated
31.4. Coca-Cola Company
31.5. Mondelez International Inc.
31.6. Danone S.A.
31.7. Kraft Heinz Company
31.8. Diageo PLC
31.9. The Kellogg Company
31.10. ITC Limited
31.11. Adani Wilmar Ltd.
31.12. General Mills Inc.
31.13. Alliance Grain Traders (AGT) Food and Ingredients Inc.
31.14. Saskcan Pulse Trading
31.15. Soylent Nutrition Inc.

32. Global Staple Food Market Competitive Benchmarking

33. Global Staple Food Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Staple Food Market

35. Staple Food Market Future Outlook and Potential Analysis

35.1 Staple Food Market In 2028 - Countries Offering Most New Opportunities
35.2 Staple Food Market In 2028 - Segments Offering Most New Opportunities
35.3 Staple Food Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer