Global Wheat Market Analysis: In-Depth Report
Market Overview
The Global Wheat Market is projected to reach US$ 68.34 billion by 2032, growing from US$ 45.60 billion in 2023, at a CAGR of 4.60% between 2024 and 2032. Wheat remains one of the most crucial staple crops worldwide, serving as a primary source of food and industrial raw material.
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Global Wheat Market Outlook
Wheat is a cereal grain that is processed into flour and used in a variety of food products, including bread, pasta, and baked goods. It is also a significant source of carbohydrates, dietary fiber, protein, and essential nutrients such as iron, manganese, phosphorus, and B vitamins. Wheat’s adaptability to different climatic conditions makes it a widely cultivated crop.
Belonging to the Triticum genus, wheat has been cultivated for over 10,000 years. It originated in the Fertile Crescent and played a pivotal role in