Rye Market - Growth, Trends, and Forecast (2022 - 2030)

SKU ID :INH-14244596 | Published Date: 01-Apr-2019 | No. of pages: 78
Market Overview

- The global production of rye was valued at a volume of 10.5 million metric ton in 2018, and it is expected to register a CAGR of 2.2%.
- Rye is the most important crop in most of the European countries. Rye is comparatively a modern crop with production majorly in Northern Europe.
- Rye plays a very important role in countries with poor quality soil and it can also handle colder temperatures as compared to other grains. Germany accounted for 24% of the global production of rye in 2016.
Scope of the Report

Rye is one of the important field crops grown for food and forage use. The crop belongs to triticale family. The grain is extensively used as an ingredient in the bakery products, alcoholic beverages, and animal feed.

In this report, consumption has been considered to calculate the market volume for the rye market during 2019-2024.



Key Market Trends

Europe Dominates the Global Rye Exports

Europe holds a rye export share of 47%, globally. Rye is popular in the Scandinavia and Eastern European region and used mainly as a staple food. In 2014, demand for rye-based snacks increased. The demand was strong from the countries, like Russia, Germany, Denmark, Estonia, and the United Kingdom.

Europe Holds a Lion's Share in the Global Market

In 2018, Europe registered a share of 63% in global rye production. With an increase in wheat availability across the region and higher acceptance in the industries, as well for food, consumption has limited the growth of rye production in the region. Europe rye production witnessed a CAGR of -6.25% during the period 2014-2018.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
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- 3 months of analyst support
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