MarketOverview
Global SemolinaMarket Forecast size is projected to reach approximately USD 2,260.09 Million
by 2027, at a CAGR of 2.3% from 2020 to 2027.
MarketDynamics
Inrecent years, the global Semolina MarketForecast has shown moderate expansion. The benefits ofsemolina, such as healthy digestion and weight management, are propelling the
semolina industry forward. The growing demand for plant-based diets is also
helping to grow the semolina industry. Semolina demand is also being driven by
rising consumption of noodles, pasta, and breakfast cereals. Consumer demand
for semolina has been driven by an increase in the number of consumer stores,
increased brand visibility, and changing breakfast routines among consumers. To
meet the changing requirements of customers, industry competitors are focusing
on creating novel products that claim to be gluten-free and organic.
Thegrowing popularity of semolina is due to consumers' desire to live a healthy
lifestyle. Semolina is a coarse grain powder made from wheat, rice, or corn
that can be used in a variety of recipes. It is used to make pasta dough
because it gives it a chewy feel. The global pasta market was valued at over 21
billion dollars in 2019, according to the MRFR report. Furthermore, the growing
consumption of nutritious foods by a health-conscious population is likely to
boost market growth. Semolina has a minimal saturated fat, cholesterol, salt,
and trans fat content. Vitamin E and the B complex are also found in semolina.
The product's widespread availability at low pricing is also predicted to
enhance market growth. The growing popularity of organic products around the
world is presenting profitable potential for semolina manufacturers.
Thesudden emergence of the COVID-19 epidemic prompted the imposition of strict
lockdown measures in various countries, causing difficulties in Semolina import
and export.
AnalyticalSegmentation
Accordingto Source, the Wheat segment held the biggest market share in 2019 and is
expected to increase at a modest rate over the forecast period. Because
wheat-based semolina is lactose-free and cholesterol-free, as well as having a
low saturated-fat level, it is preferred by the majority of consumers.
Bycategory, the Organic sector had a modest market share in 2019 but is expected
to increase at the fastest rate throughout the projection period. The rising
demand for organic semolina is expected to increase product demand, owing to
customers' desire for organically grown and processed products.
Thenon-store-based segment is expected to develop at a faster rate than the
store-based segment during the forecast period. E-commerce, in which producers
distribute semolina through numerous online shopping sites and/or their own
websites, is included in the non-store-based sector. Companies confront
challenges in reaching customers in various parts of the world through physical
locations. As a result, e-commerce channels allow businesses to meet the needs
of their customers while also expanding their brand's reach.
RegionOverview
TheEuropean market is likely to grow at a slow pace. The growth of the Semolina
Market Forecast is being fueled by an increasing number of customers in the
region who are interested in eating nutritious foods. Semolina consumption is
expected to rise due to rising customer preference for organic and GM-free
products.
In2019, Asia-Pacific dominated the worldwide Semolina Market Forecast, and this
trend is likely to continue during the forecast period. The market in the
region is growing due to the rise of the organized retail sector, as well as
the extensive availability of the product. In addition, the growing demand for
convenience foods is boosting market growth.
CompetitiveDynamics
Thenotable players of the market are General Mills, Inc. (US), Conagra Brands
(US), Honeywell Flour Mills (Nigeria), Europasta SE (Czech Republic), ARDENT
MILLS (US), Gilchester Organics (UK), Shree Kailash Grain Mills Pvt. Ltd
(India), SADAF FOODS (US), MISKO (Greece), Kupiec (Poland)
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