Global Teff (Eragrotis tef) Products Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2033
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June 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Global Teff Products Market Overview:
Global Teff (Eragrotis Tef) Products Market to Expand at a CAGR of 19.3% from 2023 to 2031
Teff is a naturally gluten-free fine grain that is native to Ethiopia. Teff has a nutty flavor and is a staple in Ethiopian dishes. Teff products are rich in iron, dietary fiber, calcium, protein, and other nutrients.
Dynamics
Growing demand for teff products coupled with increasing awareness regarding various nutritional benefits offered by teff are major among some of the primary factors projected to drive the growth of the global teff (Eragrotis tef) market over the forecast period.
Increasing adoption of teff in a wide range of food products, including beverages, bakery products, snacks, flours, breakfast cereals, and other food products is among other factors projected to drive growth of the market.
In addition, awareness regarding health benefits associated with consumption of teff products has been growing in the recent past, and preferences among consumers changing globally owing to rising desire to eat healthy and more wholesome and natural ingredient food products, changing food consumption habits, and increasing purchasing power of consumers in developed and developing countries.
However, stringent government regulations related to teff product approvals is a major factor projected to restrain the growth of the target market to a certain extent over the forecast period. In addition, high cost of end-products owing to high cost of production could hamper demand in some countries, especially some developing economies.
Increasing investment by major players in R&D activities and technological advancements in agriculture and farming approaches are factors projected to create new opportunities for players operating in the global market in future.
Segment Analysis
By distribution channel:
Among the distribution channels, the supermarkets/hypermarkets segment is projected to register significantly high growth in the global teff products market owing to availability of various teff products.
By product type:
Among the product type segments, the flour segment is projected to grow at significant rate in the global market in the upcoming years. Increasing demand for teff flour as an excellent wheat alternative in developed and developing economies is projected to support the growth of the segment.
By raw material:
Among the raw material segments, the organic segment dominates other segments in the global market in terms of revenue share, and the trend is expected to in future. Increasing consumer base of health conscious individuals and changing lifestyle are two major factors projected to drive growth of this segment.
Region Analysis
The North American teff products market is projected to account for major revenue share in the target market in the coming years. Rising popularity of various teff products among consumers in countries in the region is a factor projected to drive the growth of the North American market. In addition, growing demand for bakery products is projected to boost growth of teff products in the market in North America.
Europe is projected to register the fastest growth in the global market owing to high adoption and demand for various teff products among consumers in countries in the region.
Furthermore, markets in Asia Pacific, Latin America, and Middle East & Africa are projected to register significant growth over the forecast period.
Global Teff Products Market Segmentation:
Segmentation by raw material:
- Organic
- Conventional
Segmentation by product type:
- Flour
- Bakery
- Cereals
- Beverages
- Snacks
- Others (infant food, soups, and sauces)
Segmentation by distribution channels:
- Supermarket/hypermarket
- Convenience stores
- Neighborhood stores
- Online stores
Segmentation by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate 19.3% Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2023-2033 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Bob’s Red Mill Natural Foods
- Tobia Teff
- THE TEFF COMPANY
- Conagra Brands Inc.
- Love Grain
- PROBIOS S.p.A.
- CERES ORGANICS
- Mama Fresh Injera PLC
- Amandin Organic Products
- SHILOH FARMS
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