The freekeh market size has the potential to grow by USD 140.85 million during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 3.65%.
This report provides a detailed analysis of the market by product (wholegrain and cracked), geography (MEA, APAC, Europe, North America, and South America), and key vendors.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Freekeh Market
Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Bobs Red Mill Natural Foods Inc.
- Bocon Srl
- Canaan
- First Quality Foods
- Freekeh Foods Inc.
- Freekehlicious LLC
- Greenwheat Freekeh Pty Ltd.
- Leathams Ltd.
The freekeh market is fragmented and the vendors are deploying organic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players are also significantly leveraging external market drivers such as the health-promoting benefits of freekeh to achieve growth opportunities. However, factors such as surging demand for substitute products will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the freekeh market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This freekeh market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Freekeh Market: Key Drivers and Trends
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Freekeh Market: Segmentation by Geography
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88% of the market’s growth will originate from MEA during the forecast period. UAE and Saudi Arabia are the key markets for freekeh in MEA. However, market growth in this region will be slower than the growth of the market in APAC.
The increasing disposable income of consumers is one of the prime factors that will facilitate the freekeh market growth in MEA over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Freekeh Market: Segmentation by Product
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Wholegrain freekeh, as the name suggests, is the whole grain, which is quite firm and chewy with a texture similar to the wheat berries. Factors such as the growing awareness of the health benefits of consuming wholegrain freekeh and the rising number of organized retailing outlets worldwide that offer wholegrain freekeh products are estimated to be the significant growth drivers for this segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the freekeh market size. Fetch actionable market insights on post COVID19 impact on each segment.
Freekeh Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive freekeh market growth during the next five years
- Precise estimation of the freekeh market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the freekeh industry across MEA, APAC, Europe, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of freekeh market vendors
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Freekeh Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
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Market growth 2020-2024 |
$ 140.85 million |
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Market structure |
Fragmented |
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YoY growth (%) |
1.88 |
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Regional analysis |
MEA, APAC, Europe, North America, and South America |
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Performing market contribution |
MEA at 88% |
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Key consumer countries |
Syrian Arab Republic, Egypt (Arab Republic of Egypt), Algeria, Turkey, and Tunisia |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Bobs Red Mill Natural Foods Inc., Bocon Srl, Canaan, First Quality Foods, Freekeh Foods Inc., Freekehlicious LLC, Greenwheat Freekeh Pty Ltd., and Leathams Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |