Wheat fell to 545.50 USd/Bu on July 11, 2025, down 1.62% from the previous day. Over the past month, Wheat's price has risen 3.61%, but it is still 0.95% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on July of 2025.

In 2024, the global wheat market decreased by -3.8% to $258.7B, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.1% from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $289.4B. From 2023 to 2024, the growth of the global market remained at a lower figure.

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Wheat Market Size 2025-2029

The wheat market size is forecast to increase by USD 87.6 billion at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant shifts driven by several key trends and challenges. The growing vegan population represents a notable trend, as an increasing number of consumers adopt plant-based diets, leading to a higher demand for wheat-based food products and supplements. Simultaneously, the expansion of retail stores offering organic wheat-based supplements caters to the health-conscious consumer segment, further fueling market growth. The market plays a significant role in the global food industry, with its production and consumption influencing various sectors such as food manufacturing, food retail, and food service. However, the market faces challenges due to climate change and unpredictable weather patterns. Extreme weather conditions, such as droughts and heavy rainfall, can negatively impact wheat production, leading to supply chain disruptions and price volatility.
These challenges necessitate strategic planning and adaptability from market players to ensure a consistent supply of high-quality wheat products and maintain competitiveness. Companies seeking to capitalize on market opportunities and navigate challenges effectively must focus on innovation, sustainability, and risk management strategies. Durum wheat, a key component in pasta and craft beer production, is also gaining attention, and will subsequently help with market expansion in the coming years. 

What will be the Size of the Wheat Market during the forecast period?

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The market encompasses various aspects, including gluten-free wheat, grain drying, and farming practices. Farmers employ precision agriculture to optimize wheat production, while grain drying ensures optimal moisture levels before storage in silos. Flour fortification enhances nutritional value, and flour milling technology, such as roller mills and stone mills, transforms wheat into various products like pasta and bread. Grain transportation and handling are crucial components, with grain elevators facilitating efficient movement. Grain inspection ensures grain quality, and certification guarantees adherence to industry standards. Wheat-based products, including bakery items, require careful flour blending and gluten content control. Wheat industry trends lean towards organic and non-GMO production, sustainability, and innovation in flour milling technology. The market is expected to witness notable expansion due to its increasing use in various industries, including food and animal feed.
Grain cleaning and grain storage are essential for maintaining grain quality and mitigating wheat price volatility. Pastry making and bread making continue to be significant applications, with the bakery industry driving demand for high-quality wheat and flour. Flour milling technology advances, such as grain inspection and grain handling systems, contribute to improved grain quality control. The market outlook remains positive, with ongoing research and development in wheat farming practices and wheat substitutes.

How is this Wheat Industry segmented?

The wheat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Human
  Feed


Type

  Hard red winter
  Hard red spring
  Soft red winter
  Others


Distribution Channel

  Direct sales (B2B)
  Retail stores
  Online platforms


Geography

  North America

    US


  Europe

    France
    Germany
    Russia
    UK


  APAC

    China
    India
    Indonesia
    Pakistan
    South Korea


  Rest of World (ROW)

By Application Insights

The human segment is estimated to witness significant growth during the forecast period. Wheat, a significant global staple food, is renowned for its high carbohydrate content, primarily in the form of starch. Beyond its carbohydrate value, wheat offers essential nutrients, including protein, vitamins, soluble fiber, and phytochemicals. Consequently, wheat-based foods are popular worldwide, catering to both human consumption and industrial applications. These include refined wheat flour, pasta, noodles, beverages like wheat beer and malted milk, and various other processed goods. Wheat farming involves the use of fertilizers, herbicides, and water for optimal growth. Diseases and pests pose challenges to production, necessitating ongoing research and innovation. Winter and spring wheat varieties are cultivated, with spring wheat being more commonly used for food products due to its higher protein content.

Wheat proce

In 2024, the Indian wheat market decreased by -0.5% to $32B for the first time since 2020, thus ending a three-year rising trend. The market value increased at an average annual rate of +1.8% from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $32.2B in 2023, and then declined slightly in the following year.

The Pakistani wheat market reduced to $9.2B in 2024, shrinking by -12.9% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $10.5B, and then dropped in the following year.

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Cultured Wheat Market Size 2025-2029

The cultured wheat market size is forecast to increase by USD 230.7 million at a CAGR of 6.8% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing consumer preference for healthier alternatives to traditional wheat products. This trend is being fueled by rising awareness regarding the health benefits of cultured wheat and its potential to address common wheat intolerances. Furthermore, technological advancements in the agriculture sector are enabling the large-scale production of cultured wheat, making it a more viable and accessible option for consumers. However, market expansion is not without challenges. Stringent regulations on food products, particularly those related to labeling and safety, can impact adoption and require careful navigation by market participants. Additionally, supply chain inconsistencies can temper growth potential, as ensuring a steady and reliable supply of cultured wheat is crucial for meeting demand and maintaining customer satisfaction. The segment is expected to witness notable expansion due to its increasing use in various industries, including food and animal feed.
Companies seeking to capitalize on market opportunities and navigate these challenges effectively must stay informed of regulatory requirements and invest in robust supply chain management strategies. Furthermore, North America actively contributes to the market by embracing innovative and sustainable food alternatives and vegan fast.

What will be the Size of the Cultured Wheat Market during the forecast period?

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In the market, supply chain management plays a crucial role in ensuring the efficient production and distribution of cultured grains. Microbial fermentation techniques are utilized to enhance the nutrient bioavailability and antioxidant properties of these grains, making them a popular choice among consumers. Food trends, driven by consumer insights, favor the use of digestive enzymes and flavor compounds in cultured wheat products. Distribution channels continue to evolve, with online retail becoming increasingly significant. Food safety regulations mandate rigorous testing for food allergens and sensitivities, necessitating brand positioning as a key differentiator. Ethical sourcing and sustainability initiatives, such as circular economy and food waste reduction, are gaining traction. The agriculture market encompasses a diverse range of commodities, including grains such as wheat, as well as fruits and vegetables like grapes, bananas, apples, limes, lemons, pears, onions, carrots, peppers, chilies, beans, turnips, oranges, peaches, avocados, and strawberries.
Fermentation processes also contribute to the production of leavening agents, which are essential for baking applications. Ingredient sourcing, market research, and pricing strategies are critical factors influencing the competitiveness of cultured wheat brands. The gut microbiome's role in food safety and consumer health further s the importance of food traceability and product labeling. Antioxidant properties, food safety, and ethical sourcing are key considerations for consumers, shaping the market dynamics. Cultured wheat's potential as a sustainable and nutrient-rich alternative to traditional grains is driving growth in the sector. Pricing strategies and sustainability initiatives are crucial elements in the circular economy, ensuring long-term market success. Soya beans are rich in high-quality protein, which helps reduce the risk of various health issues, including cardiovascular disease, stroke, and coronary heart disease (CHD), as well as certain cancers and bone health problems.

How is this Cultured Wheat Industry segmented?

The cultured wheat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Organic
  Conventional


Distribution Channel

  Offline
  Online


Product Type

  Lab-grown wheat
  Cell culture wheat


Technology

  Tissue engineering
  Fermentation-based wheat


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Type Insights

The organic segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth due to the rising consumer demand for dietary fiber-rich functional food options. Whole grain and whole wheat bread, made with cultured wheat, are popular choices for health-conscious consumers seeking improved digestive health and enhanced nutritional value. Product innovation in the form of bread alternatives, such as pizza dough and artisan b

The global wheat market was valued at USD 161.32 Billion in 2024. The industry is expected to grow at a CAGR of 5.30% during the forecast period of 2025-2034 to attain a valuation of USD 270.38 Billion by 2034.

In Q1 2025, the U.S. wheat market experienced notable price fluctuations shaped by shifting global dynamics and domestic supply-demand trends. January began with a slight price decline, largely driven by weak international demand and heightened competition from alternative suppliers. A stronger dollar and volatile freight rates further discouraged exports, while rising winter wheat acreage and stable domestic production tempered market sentiment. Export activity remained limited as buyers engaged in minimal, need-based purchases.

The Middle East and Africa Hulled Wheat market will be USD 10.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. The market is foreseen to reach USD 14.9 million by 2031 owing to significant population growth and rapid urbanization seeking convenient and nutritious food options that align with modern dietary trends.

According to Cognitive Market Research, the global Wheat Fiber market size will be USD 1954.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 781.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 586.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 449.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 97.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 39.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Food & Beverages held the highest Wheat Fiber market revenue share in 2024.

Market Dynamics of Wheat Fiber Market

Key Drivers for Wheat Fiber Market

Rising Health Awareness Among Consumers to Increase the Demand Globally

Due to the rising incidence of lifestyle-related illnesses and the easier availability of health information, consumers are becoming more aware of their health and well-being. Dietary decisions that support long-term health are receiving more attention as a result of this increased understanding. Wheat fiber is becoming more and more recognized as a crucial part of a balanced diet because of its benefits in promoting weight management, lowering blood sugar, and enhancing digestive health. This trend is being driven by consumer demand for foods and supplements that provide measurable health advantages, as well as educational initiatives and the impact of health-oriented media. Food producers are consequently adding more fiber-rich components to their goods, which is fueling the expansion of the wheat fiber market.

Growing Shift Towards Plant-based Diets to Propel Market Growth

The growing popularity of plant-based diets is having a big impact on the industry. Diets based on plants, which comprise whole grains, legumes, fruits, and vegetables, are inherently high in dietary fiber. The market is expanding because of this dietary transition, which is being fueled by several causes including worries about animal cruelty, environmental sustainability, and the health advantages of eating a plant-based diet. The popularity of vegetarian and vegan diets is driving up demand for high-fiber plant-based meals. The surge in plant-based product developments that appeal to both traditional and plant-based eaters—such as fiber-fortified snacks and plant-based meat substitutes—also supports this trend. As a result, the market for wheat fiber is expanding as producers modify their products to suit the changing tastes of consumers who want plant-based, high-fiber diets.

Restraint Factor for the Wheat Fiber Market

Competition from Alternatives and Price Volatility of Raw Materials to Limit the Sales

Inulin, psyllium husk, and oat fiber—all of which are utilized in food products for their health benefits—are becoming more and more a rival. The market can be dominated by these substitute fibers, some of which are gluten-free. Furthermore, due to variables like weather, crop yields, and international trade regulations, wheat prices can fluctuate much like those of other agricultural commodities. The price fluctuations of wheat can impact the growth of the market by affecting the cost of generating wheat fiber.

Impact of Covid-19 on the Wheat Fiber Market

The wheat fiber market was affected by the COVID-19 epidemic in several ways. Products that support digestive health and general well-being are in high demand as a result of the pandemic's increased awareness of health and wellbeing among consumers. Due to its well-known ability to improve intestinal health, wheat fiber has become more widely used in a variety of dietary products. Furthermore, there was a noticeable rise in home baking and cooking as a result of lockdowns and social distancing measures. In order to enhance the nutritional profile of handmade fo...

Taking current grain market prices into account, the Russian grain export potential was estimated to grow steadily over the coming years. If the existing trend was maintained, over 11 billion U.S. dollars in grain exports by 2024 would be enough to meet targets set by the federal project on agricultural product exports.

Forecast: Wheat Groats and Meal Market Size Volume in Germany 2024 - 2028 Discover more data with ReportLinker!

For the fourth consecutive year, the Kenyan wheat market recorded growth in sales value, which increased by 68% to $1.2B in 2024. Overall, consumption recorded resilient growth. Wheat consumption peaked in 2024 and is expected to retain growth in the immediate term.

Corn fell to 397.51 USd/BU on July 11, 2025, down 2.39% from the previous day. Over the past month, Corn's price has fallen 9.35%, and is down 4.16% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on July of 2025.

The monthly price of wheat (hard red winter) in the United States reached an all time high in May 2022, at over *** U.S. dollars per metric ton. The unprecedented price increase began in mid-2020, due to the impact of the Covid-19 pandemic, and was later exacerbated by the Russo-Ukrainian War in March 2022. Before the war, Russia and Ukraine were among the world's five largest wheat exporters, and around one third of all international wheat imports came from these two countries. The increase of 96 dollars per ton between February and March 2022 was the single largest price hike in U.S. history, and was only the second time that prices had exceeded 400 dollars - the first time this happened was due to the financial crisis of 2008. In the five years before the Covid-19 pandemic, the price of wheat generally fluctuated between 150 and 230 dollars per ton.

Forecast: Wheat Starch Market Size Volume in Germany 2024 - 2028 Discover more data with ReportLinker!

Asia Pacific Hulled Wheat market USD 119.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. Some countries in the Asia Pacific region have implemented supportive policies and incentives to promote organic agriculture and sustainable food production is expected to aid the sales to USD 181.6 million by 2031

According to Cognitive Market Research, the global Grain Analysis market size is USD 2323.1 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. Market Dynamics of Grain Analysis Market Key Drivers for Grain Analysis Market Growing demand for high-quality food grains- One of the main reasons the Grain Analysis market is increasing demand for high-quality food grains in consumers who are health conscious. As the popularity rate of healthy diets, owing to increased awareness programs undertaken by various government and non-government organizations, has increased, the industry players are expected to benefit from the trend. The grain analysis is an extremely crucial tool for understanding the exact quantity and quality of grain. Hence, the information obtained from the technique is of importance, at least in the group of consumers who opt for healthy eating. The growing number of medical concerns to drive the Grain Analysis market's expansion in the years ahead. Key Restraints for Grain Analysis Market Lack of standardization poses a serious threat to the Grain Analysis industry. The market also faces significant difficulties related to the price of food grains, which is highly sensitive. Introduction of the Grain Analysis Market The grain analysis industry refers to the various analytical technologies and techniques that are used for the testing and analysis of different types of grains like barley, wheat, maize, rice, and many more. The techniques are helpful in determining the quantity, quality, and properties of the grains. The industry plays a crucial role in ensuring that the food being sold is safe for consumption. It also assists in controlling quality alongside compliance with various food grain-related regulatory laws. The fraternity functions with the aid of various types of tests, such as fat, protein, mycotoxin, moisture, and gluten content. Instruments like mass spectrometers, spectrophotometers, and chromatography systems are used to conduct the tests. As the demand for high-quality food products is growing, the industry players can expect more revenue during the forecast period.

The Europe Hulled Wheat market size will be USD 156.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031. Europe has a longstanding culinary tradition that values whole grains and nutritious foods is expected to aid sales to USD 201.4 million by 2031

Forecast: Wheat Bran Market Size Volume in Germany 2024 - 2028 Discover more data with ReportLinker!