In recent years, Grains are a vital contributor to human food supplies across the globe. After rice and corn, wheat is ranked 3rd crop produced globally. The fact is that wheat can be produce or cultivated in areas where heterogeneous weather, elevation or soil. As such, wheat cultivation has adapted to a broader range say, for instance, it can grow in conditions like dry or seaside moisture. Moreover, wheat is a major food staple due to its plant's agronomic adaptability, ease of converting grains into flours as well as ease of grain storage and is also a major source of carbohydrates in many regions like North Africa, Northern Asia, Australia, and Europe. According to Renub Research report, The Global Wheat Market will be US$ 218.9 Billion by 2027.
Moreover, developing countries, the majority of which are net importers, consume most of the global wheat production. To augment the level of food security, developing countries give subsidies or lower food prices so that consumers able to consistently meet dietary needs in their respective regions. On this contrary, surging wheat consumption by population growth, increasing disposable income puts immense pressure on wheat prices are some of the factors contributing to the growth of this market.
In addition, on the other hand on the supply side, oil prices and climate change are the two important aspects which are hindering the growth of the global wheat market. Across the globe, various international research, as well as policy organizations i.e. G20 Ag Ministers and the Consultative Group of International Agricultural Research (CGIAR), have made the impact of climate change on agriculture and food security a key priority and at the same time motivating the needs to explore further to make the food system more resilient.
Renub Research report titled “Global Wheat Market & Volume” which includes Wheat By Producing Countries (China, European Union, India, Russian Federation, United States of America, Canada, Pakistan, Ukraine, Australia, Argentina and Other countries) Consuming Countries ( Market & Volume (China, European Union, India, Russian Federation, United States of America, Pakistan, Egypt, Turkey, Iran, Brazil and Others), Importing Countries ( Egypt, Indonesia, Turkey, Brazil, Philippines, Bangladesh, Algeria, Japan, Morocco, Mexico ) Exporting Countries (Russian Federation, European Union, United States of America, Canada, Ukraine, Australia, Argentina, Kazakhstan, Turkey, India), Wheat Utilization ( Food use, Feed use and Other uses ) Key Players Analysis (Cargill, Ingredion Incorporated, Archer Daniels Midland, Tate & Lyle, Agraha) complete study of Global Wheat market.
Producing Countries – Volume breakup 11 countries
• China
• European Union
• India
• Russian Federation
• United States of America
• Canada
• Pakistan
• Ukraine
• Australia
• Argentina
• Other countries
Consuming Countries – Market & Volume breakup 11 countries
• China
• European Union
• India
• Russian Federation
• United States
• Pakistan
• Egypt
• Turkey
• Iran
• Brazil
• Others
Importing Countries – Volume breakup 10 countries
• Egypt
• Indonesia
• Turkey
• Brazil
• Philippines
• Bangladesh
• Algeria
• Japan
• Morocco
• Mexico
Exporting Countries – Volume breakup 10 countries
• Russian Federation
• European Union
• United States of America
• Canada
• Ukraine
• Australia
• Argentina
• Kazakhstan
• Turkey
• India
Wheat Utilization – Volume breakup from 3 Viewpoints
• Food use
• Feed use
• Other uses
All the Key players have been covered from 3 Viewpoints
• Overview
• Recent Developments
• Revenue Analysis
Key Players
• Cargill
• Ingredion Incorporated
• Archer Daniels Midland
• Tate & Lyle
• Agraha
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