Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....
Food Grain Market Size, Share, Growth, Trends, and Global Industry Analysis: By Grain Type, By Sales Channel, By Application, and Region Forecast 2019-2030
Food grain market size was valued at US$ 1,907.4 billion in 2023, and is estimated to be valued US$ 2,493.2 billion by 2030 growing at a CAGR of 3.9% 2024-2030. The growth of population and increased demand for staple and processed foods, especially in developing economies, stimulates the global market. Government policies favoring agricultural development and improvement in agricultural technology also contribute toward grain production. The considerable restraints such as climate change and extreme weather events limited arable land available, volatility in prices-causing uncertainty in crop yields, and disrupted supply chain movements.
High input costs and environmental concerns are equally burdensome. On the plus side are innovations in sustainable agriculture, biotechnology, and precision farming that offer answers to higher yields with less adverse impact on the environment. Premium foods from organic and non-GMO grains also offer growth prospects. Some of the trends that are emerging as important include sustainable and climate-resilient farming, increasing adoption of technology in agriculture, and then there are alternative grains like quinoa and millet. And it will all decide the course of the global market.
The food grain market share is inclusive of several companies such as Cargill, Incorporated, Archer Daniels Midland Company (ADM), Bunge Limited, Louis Dreyfus Company (LDC), Olam International, Glencore Agriculture (Viterra), AGT Food and Ingredients, REI Agro Limited, Kohinoor Foods Limited, KRBL Limited, and Andrews Flour.
By Grain Type: Wheat leads the food grain market because it is the staple food for most people in the world. It is a major constituent of bread, pasta, cereals, and other processed foods, therefore of undeniable importance both in developed and developing countries. Its adaptability and wide suitability to various climates explain why wheat remains at the top of the list, especially in North America, Europe, and Asia. Wheat has experienced huge export demand, and its major exporters include Russia, the U.S., and Canada. Its use in food products allows it to have a continued stay at the top.
By Sales Channel: The major market of food grains is in bulk sales to the wholesaler. Such a segment comprises a larger share, mainly because grain trading involves huge volumes-the easiest means of efficient distribution across various regions. Distributors are highly essential in that they help transport grains from producers to retailers, food processors, and manufacturers to meet a constant supply demand. The expansion in e-commerce also opens new channels for grain sales, but at the same time, most staple grain markets remain dominated by transactions based on the traditional bulk model. This channel is much better at handling large quantities and logistics with market dynamics.
By Application: Animal feed accounts for the majority share of total grain consumption in terms of application within the food grain market. Grains such as corn, barley, and wheat play a key role in livestock nutrition; they are essential for poultry, cattle, and swine. With rising global populations and changing dietary preferences, a growing requirement for meat and dairy products forces the demand for quality animal feed. These are factors that make grains the preferred feed source for more sustainable livestock farming methods, thus underpinning their superiority in the market.
Study Period
2024-2030Base Year
2023CAGR
3.9%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The rapidly growing food grain market is driven by the rising global population, which fuels the demand for staple foods such as rice, wheat, and corn. The increasing dependence of people on grains for day-to-day consumption, mainly in developing countries, requires consistent grain production and supply. Increased urbanization and growing disposable incomes in emerging economies are also raising the consumption of processed food grains. Favorable government policies for agricultural developments, such as subsidies and technological advancements related to farming, further support grain production. As crop resilience is becoming an increasingly vital concern, investments are primarily in higher-yielding and drought-resistant varieties of grains. The growing interest in food security, especially in countries with significant crop deficits, increases the total demand. Overall, it is the requirement to produce food for the world with sustainable means that propel the market forward, though at a much greater rate in those regions that are currently experiencing high population growth.
The primary restraints related to the food grain market include environmental and market-related volatility. Climate change is another very important aspect, as severe climatic conditions - a drought, flood, or erratic rain for many regions - threaten crop output as well as create problems along the food value chain. Secondly, with limited arable land and water resources, and soil degradation, it reduces the capacity to sustainably generate grains for several regions. Price volatility arising from fluctuations in demand and other trade barriers and geos political shocks makes much more difficult this stability of the market. High input costs, particularly for seed and fertilizer, and labor, are a constraint to some extent, especially on small-scale farms. Another challenge that would face agricultural systems would be the increasing pressure to reduce carbon footprints and adopt ecologically friendly agriculture that requires high investment in infrastructure and technology. It would therefore be a potent constraint to the food grain market's ability to meet the increasing global demand in a sustainable and efficient manner.
Indeed, in food grains, there is a big market for high-yielding varieties that are sustainable and can also be developed in biotech agriculture. Exciting possibilities in GM grains and advanced breeding techniques hold tremendous scope for greater pest, disease, and extreme weather tolerance of these crops and hence higher yields. Increased demand for organic and non-GMO grains helps afford this growth opportunity in the context of health-conscious consumers and premium food markets. Expanding international trade agreements would also unlock new markets for grain-exporting countries, leading to further increases in demand. At the same time, growing attention to food security and nutrition in expanding regions of Asia and Africa means an opportunity for infrastructure, storage, and distribution investment. Advances in precision agriculture, such as drones, AI, and data analytics, will optimize the use of resources by farmers; less wastage and more productivity can thus be derived from farmers in the market, hence significant growth opportunities in the global grain market.
The food grain market reveals the following trend: shift towards sustainable and organic farming practices. The health and environmental concerns in consumers' minds increase the demand for organic and non-GMO grains. Technology use in the sector further changes it, as precision farming tools in the form of drones, sensors, and satellite imagery allow better monitoring of crops and more efficient usage of resources; climate resilience is another emerging trend, such as investment in drought-tolerant and climate-adaptive grain varieties. The rise of alternative grains, such as quinoa, millet, and sorghum, at present, assumes importance with better diversification in diets for consumers seeking healthier grain choices. Further, global expansion is one factor driving this market; grain exports are essential to supplying food, especially those countries with very low agricultural capacity. Such trends convey the greater interest in sustainability, technology, and diversification that defines the food grain industry.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 1,907.4 billion |
Market Size in 2030 |
US$ 2,493.2 billion |
Market CAGR |
3.9% |
By Grain Type |
|
By Sales Channel |
|
By Application |
|
By Region |
|
Download Free Sample Report
The global food grain market size was valued at US$ 1,907.4 billion in 2023, at a CAGR of 3.9% 2024-2030 and an estimated value of US$ 2,493.2 billion by 2030.
• The increasing global population and its resultant demand for food.
• Increasing urbanization and disposable incomes
• Government incentives for agricultural development.
• Technological changes in agriculture, biotechnology
• Increased demand for processed and convenient food products
• A focus on food security and sustainable agriculture.
• Promote sustainable and organic farming
• The modern practice introduces precision farming through new technologies like drones and AI.
• The increased demand for alternative grains, such as quinoa and millet
• Climate-resilient crop development, or drought-tolerant varieties
• Demand for non-GMO and organic grains is rising among consumers.
The key players of food grain market are Daniels Midland Company (ADM), Bunge Limited, Louis Dreyfus Company (LDC), Olam International, Glencore Agriculture (Viterra), AGT Food and Ingredients, and others are the key players in the food grain market.
Market research report segments grain type, sales channel, application, and regions.
1.Executive Summary |
2.Global Food Grain Market Introduction |
2.1.Global Food Grain Market - Taxonomy |
2.2.Global Food Grain Market - Definitions |
2.2.1.Grain Type |
2.2.2.Sales Channel |
2.2.3.Application |
2.2.4.Region |
3.Global Food Grain Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Food Grain Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Food Grain Market By Grain Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Rice |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Wheat |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Corn |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Barley |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Sorghum |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Others |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
6.Global Food Grain Market By Sales Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Wholesalers |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Retailers |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Fair Price Shops |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global Food Grain Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Animal Feed |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Biofuel |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Cosmetics |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Alcohol |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.Global Food Grain Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Food Grain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Grain Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Rice |
9.1.2.Wheat |
9.1.3.Corn |
9.1.4.Barley |
9.1.5.Sorghum |
9.1.6.Others |
9.2. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Wholesalers |
9.2.2.Retailers |
9.2.3.Fair Price Shops |
9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Animal Feed |
9.3.2.Biofuel |
9.3.3.Cosmetics |
9.3.4.Alcohol |
9.3.5.Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Food Grain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Grain Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Rice |
10.1.2.Wheat |
10.1.3.Corn |
10.1.4.Barley |
10.1.5.Sorghum |
10.1.6.Others |
10.2. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Wholesalers |
10.2.2.Retailers |
10.2.3.Fair Price Shops |
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Animal Feed |
10.3.2.Biofuel |
10.3.3.Cosmetics |
10.3.4.Alcohol |
10.3.5.Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Food Grain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Grain Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Rice |
11.1.2.Wheat |
11.1.3.Corn |
11.1.4.Barley |
11.1.5.Sorghum |
11.1.6.Others |
11.2. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Wholesalers |
11.2.2.Retailers |
11.2.3.Fair Price Shops |
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Animal Feed |
11.3.2.Biofuel |
11.3.3.Cosmetics |
11.3.4.Alcohol |
11.3.5.Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Food Grain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Grain Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Rice |
12.1.2.Wheat |
12.1.3.Corn |
12.1.4.Barley |
12.1.5.Sorghum |
12.1.6.Others |
12.2. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Wholesalers |
12.2.2.Retailers |
12.2.3.Fair Price Shops |
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Animal Feed |
12.3.2.Biofuel |
12.3.3.Cosmetics |
12.3.4.Alcohol |
12.3.5.Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Food Grain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Grain Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Rice |
13.1.2.Wheat |
13.1.3.Corn |
13.1.4.Barley |
13.1.5.Sorghum |
13.1.6.Others |
13.2. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Wholesalers |
13.2.2.Retailers |
13.2.3.Fair Price Shops |
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Animal Feed |
13.3.2.Biofuel |
13.3.3.Cosmetics |
13.3.4.Alcohol |
13.3.5.Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Cargill Incorporated |
14.2.2.Archer Daniels Midland Company (ADM) |
14.2.3.Bunge Limited |
14.2.4.Louis Dreyfus Company (LDC) |
14.2.5.Olam International |
14.2.6.Glencore Agriculture |
14.2.7.Viterra |
14.2.8.AGT Food and Ingredients |
14.2.9.REI Agro Limited |
14.2.10.Kohinoor Foods Limited |
14.2.11.KRBL Limited |
14.2.12.Andrews Flour |
15. Research Methodology |
16. Appendix and Abbreviations |