Farro Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Farro Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : December, 2019 | Food and Beverages | PPT format

Report Digest


Global Farro Market: Overview 

The demand within the global farro market is rising at a boisterous pace in recent times. Food sciences has become an important area of research, and has generated fresh opportunities for several markets. Young food scientists are making extensive efforts to draw comparisons amongst various types of grains, cereals, and vegetables. The aforementioned factors are suggestive of a boisterous pace of growth within the global farro market. The use of farro in several types of dishes and salads has also created fresh opportunities for market growth. Therefore, there is little contention about the presence of lucrative opportunities in this market. 

Detailing of food available across established restaurants and outlets has also driven market demand. Awareness of the masses about the health benefits of farro has become a focal point for gauging market potential. The use of farro in soups has emerged as a nascent trend in the restaurant sector. 

A custom review sheds value on the leading drivers of market demand in the farro market. The global farro market can be segmented on the basis of end-use, procurement, and region. The use of farro for preparing soups and pizzas has increased in recent times. 

Global Farro Market: Notable Developments 

Use of farro in several cuisines and recipes has created a launchpad for growth for the market vendors. 

  • Food festivals across the world celebrate the aroma and taste of new recipes. Several new dishes, involving the use of farro, were exhibited at food festivals across Europe. This trend has directly benefitted specialised vendors of farro, and other related products. Moreover, the healthiness of consuming farro has also created a plethora of opportunities for market vendors.
  • Food, culture, and travel websites and magazines such as Gourmet Travel are the most important means of promotion for market vendors. These platforms inform individuals about the fine taste, health benefits, and nutritional value of farro. Hence, the market players are expected to use this as an opportunity to capture the eye of potential consumers. 

Some of the leading vendors in the global farro market are: 

  • Vigo Importing Co. Inc.
  • Nature's Earthly Choice
  • Poggio del Farro Srl
  • Timeless Seeds Inc.
  • Roland Foods LLC 

Global Farro Market: Growth Drivers 

  • Use of Farro with Broccoli and Salad 

The most prominent driver of demand within this market is the popularity of food combos that include farro. Broccoli is cooked with farro to give a finely-blended salad. This factor, coupled with the extensive promotion of farro products, has driven market demand. Retail outlets such as Waitrose, Tesco, and Lidl have particularly started placing farro on their shelves. The cross-selling of farro through retail channels endows tremendous opportunities for market growth. 

  • Health Benefits of Farro 

Eating a combination of farro with certain species of wheat is believed to be healthy for humans. Furthermore, continuous experimentation on farro to understand its nutritional value is a distinct trend in the food science industry.  Henceforth, the global farro market is growing at a starry CAGR in recent times. The wide range of cuisines that use farro has increased demand within the market. Moreover, the nutritional value of farro, in terms of its mineral and vitamin content, has also aided market growth. The popularity of farro in food and beverages industry is a key standpoint from the perspective of market growth. 

The global farro market is segmented by:

Product

  • Conventional Farro
  • Organic Farro

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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