Global Buckwheat Market Size To Worth USD 811.87 Million by 2033 | CAGR of 3.01%
Category: Food & BeveragesGlobal Buckwheat Market Size To Worth USD 811.87 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Buckwheat Market Size is Expected to Grow from USD 603.23 Million in 2023 to USD 811.87 Million by 2033, at a CAGR of 3.01% during the forecast period 2023-2033.
Get more details on this report -
Browse key industry insights spread across 250 pages with 100 Market data tables and figures & charts from the report on the "Global Buckwheat Market Size, Share, and COVID-19 Impact Analysis, By Source (Conventional and Organic), By Form (Flakes, Groats, Flour, and Others), By Application (Animal Feed, Food and Beverages, Personal Care and Cosmetics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/buckwheat-market
The buckwheat market is a global trade and industry for buckwheat, a gluten-free pseudocereal with nutritional benefits. Originating in Russia, China, and Ukraine, it is used in food, beverages, animal feed, and cosmetics. Buckwheat is a staple pseudograin crop in Eastern Europe, processed as kasha and eaten like rice. Buckwheat cakes are made with buckwheat flour and contain trace amounts of vitamins B1 and B2. It has health benefits such as lowering blood pressure, cholesterol, diabetes, gallstones, heart disease, breast cancer, and asthma. Buckwheat contains nutraceuticals that improve food intolerances and airborne allergies by preventing blood clots and histamine generation. The market for buckwheat is driven by rising health consciousness and consumer preference for natural and organic products. It is also used in various recipes, including noodles, pancakes, and morning cereals. Buckwheat is also being used in plant-based milks, yogurts, pastas, and gluten-free breads. However, adulteration of the buckwheat may impede market growth
The conventional segment held the largest share in 2023 and is predicted to grow at a CAGR of 2.92% during the predicted period.
Based on the source, the global buckwheat market is categorized as conventional and organic. Among these, the conventional segment held the largest share in 2023 and is predicted to grow at a CAGR of 2.92% during the predicted period. This is driven by its simple production process, high nutritional value, antioxidant content, standard quality, cost-effectiveness, gluten-free nature, and crucial role in hyperglycemic and cardiovascular disease management.
The groats segment accounted for the highest market share of 37.21% in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.
Based on the form, the global buckwheat market is categorized as flakes, groats, flour, and others. Among these, the groats segment accounted for the highest market share of 37.21% in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. The growth of the segment is facilitated by factors like increased nutrition, widespread food industry usage, and the availability of essential minerals, vitamins, and fiber.
The food and beverages segment accounted for the highest market share in 2023 and is expected to grow at a CAGR of 2.87% throughout the projected timeframe.
Based on the application, the global buckwheat market is categorized as animal feed, food and beverages, personal care and cosmetics, and others. Among these, the food and beverages segment accounted for the highest market share in 2023 and is expected to grow at a CAGR of 2.87% throughout the projected timeframe. This is owing to factors such as containing more nutrition, extensive usage in the food industry, and excellent source of minerals, vitamins, and fiber.
North America is expected to hold the greatest share of the global buckwheat market over the forecast period.
Get more details on this report -
North America is expected to hold the greatest share of the global buckwheat market over the forecast period. The buckwheat market in North America is fueled by health benefits, plant-based food demand, gluten-free products, animal feed, and accessibility. It's rich in protein, fiber, and essential minerals and is used in gluten-free products like poultry and swine. With the increasing popularity of vegetarian and vegan lifestyles, the demand for organic products is also increasing. Buckwheat's antioxidant qualities and health benefits make it a popular choice.
Asia Pacific is predicted to grow at the fastest throughout the estimated period. Buckwheat, a staple in traditional cuisines in Japan, China, and Korea, is widely used in food products like noodles, bread, snacks, beverages, and cosmetics due to its nutritional and antioxidant properties. The growing prevalence of gluten intolerance and celiac disease has led to the increased adoption of buckwheat as a gluten-free alternative. Organic farming practices and their use as a cover crop in the Asia-Pacific region are driving the market.
Major key players in the global buckwheat market are Homestead Organics, Bulk Barn Foods, Ningxia Newfield Foods, Galinta, Archer Daniels Midland Company, Wilmar International, Lee Kum Kee, Krishna India, UA Global, Minn-Dak Growers, Birkett Mills, Bob’s Red Mill Natural Foods, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In March 2025, Ukrainian engineering company Olis opened a buckwheat processing plant in Estonia, featuring its Optimatyk H-24 grain processing system. The plant can process up to 24 tons per day and includes metal structures, aspiration, gravity, pneumatic transport systems, electrical components, and automation. The equipment was adapted to fit the client's facility's architectural features and implemented multi-format packaging solutions from large bags to small retail packs.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global buckwheat market based on the below-mentioned segments:
Global Buckwheat Market, By Source
- Conventional
- Organic
Global Buckwheat Market, By Form
- Flakes
- Groats
- Flour
- Others
Global Buckwheat Market, By Application
- Animal Feed
- Food and Beverages
- Personal Care and Cosmetics
- Others
Global Buckwheat Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?