Farina Market

Farina Market

Farina Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

ID: PMRREP16612

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Author : Amol Patil

Introduction

Farina is a form of milled wheat which is often used to prepare hot cereal for breakfast. Farina is made from the germ and endosperm of the grain which is then milled into fine granular consistency, and then shifted which results into carbohydrate-filled food.  Farina is one of the best sources of dietary iron.  Farina is used as a thickener in dishes such as on the top of fruit pile fillings. It absorbs moisture and prevents top crusts from getting soggy.

The market for farina is growing as it is used to prevent dough from sticking to a baking surface via the baking process, leaving residual farina on the bottom of the final product.  The farina market is increasing due to its various health benefits. As compared to Cornmeal Polenta or Oatmeal, Farina is full of calcium carbonate, iron, protein, and vitamin B that makes Farina a better meal, creating better market opportunities. Bread, pizzas, cakes, and biscuits can be made from farina.

Regional outlook

There is an increasing demand for nutritious breakfast throughout the globe with the major exports accounting to the following regions: North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. In regional segments, North America accounts for significantly higher share due to increased demand for bakery products, whereas now there is a rise in demand from developing countries as well. Asia Pacific region is expected to grow to a considerable fraction during a forecast period.

Drivers

Increasing consumer demand for healthy and nutritious food is leading to increasing demand for farina products. Worldwide export of farina products is another major factor for increasing farina market. Products made from farina remain soft and fresh for a longer time which boosts the farina market.

Farina products have the highest percentage of carbohydrates which results in easy digestion, and it is an advantage for athletes who want a carbohydrate boost. The packaging of farina products comes in a different style which attracts the customers to buy the products which is also a driver for increasing the market share of farina.

The shift is now leading to increase in demand for healthy breakfast. Thus farina products are expected to gain higher market share due to their various health benefits. Rising trends in consumption of pizzas, bread, cakes, and biscuits is fuelling the demand for farina products.

The main challenge related to farina production is that it contains gluten milled wheat, and those on a diet with gluten-free products are not able to consume farina.

Key Players

Some of the key manufacturers are: Kraft Foods Group. INC, B&G Foods. INC, Malt-O-Meal Company, General Mills, Kellogs Co.

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