Published Date: 28-Feb-2022
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According to a new report Global Farro Market, published by KBV research, The Global Farro Market size is expected to reach $330.2 million by 2027, rising at a market growth of 10.3% CAGR during the forecast period.
The Whole Grain Farro market shows high market share in the Global Farro Market by Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $227.5 million by 2027. Whole grains are healthful and have a better nutritional profile. Due to this, consumers would incline towards the consumption of whole grain farro and hence, contribute to the growth of the segment.
The Conventional market is generating high revenue in the Global Farro Market by Nature 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $240.3 million by 2027. Wheat millers bran has found its way into a variety of processed meals, and food producers' need for conventional bran has risen. As a source of dietary fibre and protein, conventional bran is widely used in animal feed.
The Offline market acquired maximum revenue share in the Global Farro Market by Distribution Channel 2020, thereby, achieving a market value of $240.1 million by 2027. This is due to the fact that supermarkets and hypermarkets present consumers with a high-visibility and appealing selection of plant-based items. This allows people to discover new products, better read labels, and distinguish between them. Additionally, supermarket chains are one of the most commonly frequented places for grocery shopping. As a result, this element is projected to improve farro sales in the market.
The Europe market is the fastest growing region in the Global Farro Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $137.0 million by 2027. The North America market is expected to witness a CAGR of 9.4% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 12.3% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/farro-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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