South Korea Ancient Grains Market was valued at USD 1 Billion in 2022 and is projected to reach USD 2 Billion by 2030, growing at a CAGR of 8% from 2024 to 2030.
The South Korea Ancient Grains Market is experiencing rapid growth, driven by both consumer demand for healthier food options and industries seeking more sustainable ingredients. These ancient grains, including millet, barley, and quinoa, are gaining significant traction for their high nutritional value, environmental benefits, and versatility in various food applications. This shift in consumer preferences is also shaped by the increasing awareness of health-related issues and the growing popularity of plant-based diets. As a result, industries ranging from food manufacturing to cosmetics are increasingly sourcing ancient grains for their products.
The demand for ancient grains in South Korea is largely driven by the food industry, which uses these grains for various purposes such as flour, snacks, beverages, and ready-to-eat meals. In particular, the bakery sector is turning to ancient grains like sorghum and buckwheat, which are gluten-free and rich in fiber, making them ideal for health-conscious consumers. Furthermore, these grains are considered more environmentally friendly as they typically require fewer resources to grow, presenting an attractive option for industries focused on sustainability.
Industries outside of food production, such as cosmetics, are also tapping into the potential of ancient grains. The natural, nutrient-dense properties of grains like quinoa are being incorporated into skincare and beauty products, offering consumers anti-aging and moisturizing benefits. Additionally, ancient grains are being explored for their potential in pharmaceuticals, where their health benefits are being investigated for use in supplements and alternative medicines.
Despite this growing market, there are challenges in scaling up production. The demand for ancient grains has led to a need for better cultivation techniques and supply chain management to meet industry requirements. While South Korea is seeing increased imports, local production remains limited, creating opportunities for agribusinesses to invest in the cultivation of these grains. Companies are also focusing on developing innovative processing technologies to enhance the quality and availability of these grains for industrial use.
In conclusion, the South Korea Ancient Grains Market is on the rise as industries seek to incorporate these nutritious and sustainable ingredients into their products. From food to cosmetics and pharmaceuticals, the applications for ancient grains are vast, and with increased investment in local cultivation and processing, this market is poised for continued growth.
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General Mills
Intersnack
Yamazaki Baking
Calbee
Grupo Bimbo
Kellogg
Nestle
Pepsico
Premier Foods
KP Snacks
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Ancient Grains Market
Amaranth
Quinoa
Farro
Spelt
Teff
Barley
Whole Grains
Flour
Flakes
Grits
Food & Beverages
Animal Feed
Cosmetics & Personal Care
Pharmaceuticals
Food Industry
Bakery
Confectionery
Snacks
Brewing
Supermarkets/Hypermarkets
Online Retail
Specialty Stores
Convenience Stores
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Ancient Grains Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Ancient Grains Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Ancient Grains Market, By Type
6. South Korea Ancient Grains Market, By Application
7. South Korea Ancient Grains Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Ancient Grains Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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