The Asia Pacific Farro Market would witness market growth of 12.3% CAGR during the forecast period (2021-2027).
Farro is a dried dish made out of a mixture of grains from various species, such as wheat. They usually have a high protein and fibre content. Farro comes in two varieties: organic farro and regular farro. The industry is predicted to rise due to the rising popularity of farro with salad and broccoli.
Other factors such as rising awareness about the health benefits of farro, increasing demand for private label brands, increasing blogs and other digital media on farro consumptions, rising smartphone penetration and their ability to provide good yield in mountain areas are expected to drive the farro market in the coming years.
In the functional food arena, clean-label items such as organic, gluten-free, and non-GMO have grown in popularity. Organic bran is in high demand due to a growing public belief that these products are safe and healthy.
There are some of the largest producers of wheat and wheat processed into products like bran prevailing in this region. A large livestock population also contributes to the rising need for farro related products as an animal feed. Changes in the lifestyle of the people across this region and consumption patterns, as well as a larger acceptance of fiber-rich products like farro, would all contribute to regional market growth.
The China market dominated the Asia Pacific Farro Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $24.6 million by 2027. The Japan market is experiencing a CAGR of 11.7% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 13% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Farro Market is Projected to reach USD 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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