Global Bulgur Market Projected To Show Strong Growth By 2030 | With Key Players

Market Overview:

The Global Bulgur Market size was valued at USD 1,250.00 Million in 2022 and is projected to reach USD 2,037.87 Million by 2030, growing at a CAGR of 6.50% from 2022 to 2030.

Bulgur is a processed food made from durum wheat, commonly found in Mediterranean and Middle Eastern cuisines. It offers a diverse range of recipes and is rich in dietary fiber, minerals, vitamins, and antioxidants. Bulgur can be used as a rice substitute in dishes like pilaf. It aids in weight loss and is traditionally prepared by boiling and grinding whole-wheat groats. Industrially, bulgur is parboiled, dried, ground, and sifted to specific grades. With its cholesterol and fat-free composition, high manganese content, low sodium levels, and abundance of iron, fiber, and magnesium, bulgur is an excellent source of protein and complex carbohydrates.

Key Players For The Global Bulgur Market

HomeTown Food Company (U.S.), Sunnylands Mills (U.S.), Bob's RedMill Natural Foods Inc. (U.S.), Celnat (France), Inari Agriculture Inc. (U.S.), Mitsides Public Company Limited. (Cyprus), Shiloh Farms (U.S.), Ceres Organic Harvest Inc. (U.S.), Tipiak Group (France), The Hain Celestial Group (U.S.), Roland Foods LLC (U.S.), AGT Foods and ingredients (Canada)

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Market Dynamics:

Driver:

The Global Bulgur Market is driven by the increasing demand for healthy and nutritious food as consumers prioritize wholesome options. Bulgur, with its abundant dietary fiber, minerals, and vitamins, is gaining popularity. The rising global recognition of Mediterranean and Middle Eastern cuisines, where bulgur holds a significant place, fuels the demand for bulgur across different regions. The market is further propelled by the growing adoption of vegetarian and vegan diets, as bulgur serves as a versatile meat substitute due to its high protein content. Additionally, the convenience and versatility of bulgur, which can be quickly cooked and used in various recipes like pilafs, salads, stews, and side dishes, attract time-conscious consumers.

Opportunities:

The increasing awareness of bulgur's health benefits creates opportunities for the Global Bulgur Market. Market expansion can be achieved through targeted marketing campaigns and educational initiatives that emphasize its nutritional advantages. Furthermore, unexplored geographical markets with limited bulgur consumption offer untapped potential for market penetration and growth. Manufacturers can capitalize on this by diversifying products and introducing flavored or pre-seasoned bulgur options, ready-to-eat meals, and convenient packaging formats to cater to evolving consumer preferences. Leveraging online retail and e-commerce platforms enables broader global reach and expanded distribution channels, catering to the preferences of online food shoppers.

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The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

By Type:

•Fine Bulgur
•Whole/Coarse Grain Bulgur

By Form:

•Fresh
•Dehydrated

By Application:

•Dressing & Salads
•Sweets
•Bakery Products
•Confectionery
•Others

By Distribution Channel:

•Online
•Offline
•Others

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Introspective Market Research is a globally trusted partner delivering comprehensive market research studies that provide businesses with invaluable insights and strategic guidance, facilitating informed decision-making. Our research approach encompasses an extensive range of primary and secondary sources, ensuring utmost accuracy.
The study offers an in-depth analysis of the Bulgur market ecosystem, examining the functions and interdependencies of various market stakeholders. Through our expert utilization of trusted methodologies such as SWOT Analysis, Porter's Five Forces Analysis, and Price Trend Analysis, we provide a comprehensive understanding of the regulatory landscape and prevailing trends.

Regional Analysis of the Bulgur Market

Asia Pacific is Expected to Dominate the Market Over the Forecast Period.
Asia Pacific is the dominant market in Bulgur. The growth of population has resulted in the growth of convenience stores that have raised the market of Bulgur in the Asia Pacific region. The urban areas of the regions also supported the requirement for such quickly-made foods in the market. The growing population and industrial development of the region like countries China and India, has increased the job opportunities for people due to this the bulgur market has grown, as it is easy to prepare and quick to serve. the demand for bulgur is growing in the region as a breakfast.

By Region:

•North America (U.S., Canada, Mexico)
•Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
•Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
•Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
•South America (Brazil, Argentina, Rest of SA)

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Key Industry Developments in the Bulgur Market

In January 2021, Roland Foods Announces National Partnership with Acosta, Inc. Roland Foods, a globally recognized shelf-stable specialty food importer, will be exclusively represented by Acosta, the leading sales and marketing agency in the consumer-packaged goods (CPG) industry. With Acosta's extensive U.S. coverage and deep retail experience, supported by data-driven intelligence, this partnership will enhance Roland Foods' ability to deliver continuous value and growth to its trading partners while bolstering its commitment to superior service and support.

Table of Content:

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Form
 3.3 By Application
 3.4 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Bulgar Market by Type

Continued….

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