The Latin America, Middle East and Africa Farro Market would witness market growth of 14.7% CAGR during the forecast period (2021-2027).
Farro is a cereal grain similar to barley and oats in that the husk adheres to the grain, unlike wheat. Additionally, it is a wheat grain that has not been hybridised, which has a chewy, solid texture. It is widely grown in various parts of the world. Furthermore, farro has a high rusticity and adaptability to the environment, making it resistant to wild herbs.
Moreover, as consumer awareness of the health benefits of high-fiber wheat-based bran grows, prominent companies are increasingly focusing on new products containing the core ingredient. The breakfast cereal business is flourishing all around the world. Consumers nowadays are looking for healthy breakfast options that are high in protein and fibre. In the future, this trend is expected to increase demand for farro.
The UAE has been working hard to develop a sustainable agricultural and animal wealth business that can better contribute to the country's food security and economy. Huge efforts were undertaken to conserve water supplies, with a focus on encouraging the adoption and installation of modern irrigation systems to replace the wasteful flood irrigation approach. Owing to these efforts in agriculture, the cultivation of farro would increase across this region.
The Brazil market dominated the LAMEA Farro Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6.1 million by 2027. The Argentina market would exhibit a CAGR of 15.4% during (2021 - 2027). Additionally, The UAE market is anticipated to grow a CAGR of 14.4% during (2021 - 2027).
Based on Type, the market is segmented into Whole Grain Farro and Semi Pearled & Pearled Farro. Based on Nature, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Farro Market is Predict to reach $330.2 Million by 2027, at a CAGR of 10.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Woodland Foods Limited, Amazon.com, Inc. (Whole Foods Market L.P.), Bob’s Red Mill Natural Foods, Inc., Roland Foods LLC, Timeless Seeds, Inc., Waitrose Limited (John Lewis Partnership Plc), Bluebird Grain Farms, and Nature's Earthly Choice.
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