Global Teff Products Market Research Report 2019-2026
Summary - A new market study, titled “Global Teff Products Market - 2019-2026 ” has been featured on WiseGuyReports.
Teff is a fine grain primarily grown in
Ethiopia and Eritrea. Teff grows in both waterlogged soils and droughts, making
it a dependable staple food. The colour of teff varies from Yellowish Brown to
Ivory based on the environmental and soil conditions. White and ivory has the
mildest flavor, while darker varieties have sour after fermentation and sweet
& light in flavor before fermentation. Teff is rich in calcium & Iron
and consumption of teff based products provide several health benefits to the
consumer. The currently available teff based food products available in the
market include bread, muffins, chocolates, waffles, and porridge
The global teff products market valued USD XX million in 2018
and expected to grow at a CAGR of XX% to reach a market value of USD XX million
by 2026.
Market Dynamics:
Corn, barley, and wheat are considered as staple food for large group of
population across the globe. However, wheat and barley are rich in gluten and
the growing prevalence of gluten related diseases such as celiac and gluten
ataxia is surging the need for gluten free alternatives. Teff evolved as an
effective solution to cater the need for gluten free diets owing to its
gluten-free and nutrient rich nature. The high nutrition content in teff is
well suitable for celiac patients who usually suffer from mineral
malabsorption. Due to its low glycemic index, it is suitable to eat for type 2
diabetes patients. According to Celiac disease foundation, prevalence of celiac
disease was 4% in South America, 0.5% in Africa and North America, 0.8% in Europe
and Oceania.
Furthermore, the entry of startups such as Wild For and Truefarm Foods with
novel teff based formulations is enhancing the access to wide consumer base,
thus supporting to growth of the market. Shift in consumer preference towards
gluten free food associated with growing availability of teff based products
are additionally contributing to the growth of the market. Lift of Ban imposed
over the exports of teff by Ethiopia government exposed teff to the
international market. Growing exports of teff from ethipoia to the developed
nations such as U.S. and Europe is expected to further boos the global teff
products market during the forecast period.
Lack of availability of production units for teff in rest of the world is
hindering the growth of global teff market. Teff in majorly grown in Ethiopia
and Eritrea due to suitable environmental and soil conditions. Ethiopia
accounted to over 85% of global teff production in 2018.
Segment Analysis
Global teff products market is segmented on the basis of product type into
flour, flakes, ready mix, breads, pan cakes, beverages, muffins and others.
Teff flour is widely used in production of baked goods and it has been
traditionally used in Ethiopian and Eritrean Cuisine to make injeria bread.
Teff flour is the primary ingredient in production of breads, muffins and
pancakes. Growing adoption of gluten free food and increase in adoption of teff
based food expected to increase usage of teff flour as a source for baked food
across the globe. Health benefits associated with the usage of teff flour
includes ability to reduce weight, increased blood circulation, reduced
menstrual stress, aid people with celiac disease, and many others.
Geographical Presentation
By region, the global teff products market is segmented into North America,
South America, Europe, Asia-Pacific, Middle-east and America. Europe is
expected to dominate the global teff products market due to growing awareness
among the communities regarding allergen-free diets and increased attention
towards health. Furthermore, high interest among European customers towards new
and authentic food led to increased adoption of teff flour and flakes. Teff is
milled and consumed as an alternative to regular wheat flour in several
countries including Germany, the Netherlands, France, and other European
countries. Germany and the Netherlands are the largest market for niche or
special cereals. Together, they account for 70% of total European imports of
niche cereals. The demand for bakery products and growing use of gluten-free
materials led to increased sales of teff based products in Germany. Teff
products are currently available across the region in major retailers such as
Sainsbury and Holland & Barrett.
Asia Pacific region is expected to grow at a higher pace during the forecast
period owing to increase in demand for gluten-free products and growing
research initiatives by government organizations for the development of agro
technology suitable for teff. Central Food and Technological Research Institute
partnered with Sri Sri Rural Development program for development of
agro-technology, which is suitable for production of Teff in India. Major
countries in Asia-Pacific region such as China and India are dependent on
grain-based food majorly flour, flakes and ready mix.
Competitive Analysis
Several U.S. and European food startups marked the business of teff products
with their novel teff based formulations such as bread, pancakes, and muffins.
The highly evolving market is likely to witness many new entrants and new
product launches over the forecast period owing to potential demand from
consumers.
Some of the key players in the global teff products market includes Anthony’s
Goods, Millets Place BV, TeffLand AB, The Teff Company.
New product launches by teff producers and globally renowned food chain players
to meet the consumer demand are the key strategies adopted by the prominent
players in global teff products market.
New product launches by the prominent players in developing to meet the
consumer demand for gluten-free food is the key strategies adopted by the
prominent players in the global teff products market. For instance,
• In February 2019, TeffLand launched new lines of grain and flour for teff
cereal in both Ivory and Brown Packages.
• In February 2017, Waitrose supermarket in London launched a bread using
gluten-free grain “Teff”.
Why Purchase the Report?
• Visualize the composition of the global teff products market in terms of
various types of grain type, product type and distribution channel highlighting
the key commercial assets and players.
• Identify commercial opportunities in global teff products market by analyzing
trends and co-development deals.
• Excel data sheet with thousands of data points of global Teff Products market
- level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after
exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players.
Target Audience
• Industry Investors/Investment Bankers
• Food processing Companies
• Bakeries & Confectioneries
• Farming communities
FOR MORE
DETAILS: https://www.wiseguyreports.com/reports/5613567-global-teff-products-market-2019-2026
About Us:
Wise Guy
Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers
premium progressive statistical surveying, market research reports, analysis
& forecast data for industries and governments around the globe.
Contact Us:
NORAH
TRENT
Ph:
+162-825-80070
(US)
Ph: +44 203
500 2763 (UK)
Comments
Post a Comment