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iCrowdNewswire Jan 15, 2021 11:28 AM ET

Semolina Market Global Significant Profits Expected to be generated by 2026


iCrowd Newswire - Jan 15, 2021

Market Insight

Global Semolina Market size is projected to be valued at USD 2,260.09 Million by 2026 at a CAGR of 2.3% between 2020 and 2026. Semolina is a coarse flour made from either wheat, rice, or corn. It is used as part of both sweet and savory foods, has high nutritional content, and offers a healthy choice for the health-conscious population. The demand for semolina is increasing with the rising consumption of wheat products. Semolina is the main ingredient in several fast-food products such as pasta, noodles, and breakfast cereals. The high consumption of these products has propelled the demand for semolina across the globe.

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Key Players

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) and KUPIEC (Poland)

Segmentation

By Source, Wheat: This segment accounted for the largest Semolina Market share in 2019 and is projected to witness moderate growth during the forecast period. Wheat-based semolina is free from lactose and cholesterol and has low saturated-fat content due to which the majority of the consumers prefer it.

By Category, Organic: This segment accounted for a small market share in 2019 and is projected to grow at the highest growth rate during the forecast period. The increasing demand for organic semolina owing to the consumers’ preference for organically cultivated and processed products is projected to fuel product demand.

Growth Opportunities in the Market

Non-Store-Based Distribution Channels Gaining Popularity Across the Globe: The non-store-based segment is projected to register the higher growth rate during the forecast period. The non-store-based segment includes e-commerce, wherein manufacturers distribute semolina through various online shopping sites and/or their websites. Companies face difficulties in reaching consumers in different parts of the globe through brick-and-mortar stores. Thus, e-commerce channels enable companies to cater to the consumers’ needs and expand brand presence.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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Keywords:    Semolina Market, Semolina, Semolina Industry, Global Semolina Market, Semolina Market Research, Semolina Market Analysis, Semolina Market Size, Semolina Market Research Report, Semolina Market Forecast, Semolina Market Trends

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