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.
Bulguris a processed food derived mainly from durum wheat, commonly used in Mediterranean and Middle Eastern diets, especially in Turkey. It offers a wide range of recipes, serving as a substitute for rice in dishes like pilaf. Rich in dietary fiber, essential minerals, vitamins, and antioxidants, bulgur is beneficial for weight loss and overall health. In the modern market, industrially prepared bulgur is parboiled, oven dried, mechanically ground, and precisely graded.
As a high-fiber grain, bulgur is free from cholesterol and fat, abundant in manganese, and low in sodium. It serves as an excellent source of iron, fiber, and magnesium, offering rich protein and complex carbohydrates while being low in calories compared to other whole grains like quinoa or brown rice.
Further, bulgur fosters the growth of healthy gut bacteria, contributing to proper digestion and overall health. The global bulgur market has witnessed steady growth, driven by its increasing popularity as a nutritious and versatile ingredient in various cuisines worldwide, catering to health-conscious consumers seeking wholesome dietary options.
Top Key Players for 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.), AGT Foods and Ingredients (Canada), Duru Bulgur Gida Sen (Turkey), and Other Major Players.
Market Dynamics and Factors for Bulgur Market:
Drivers:
Rapid Urbanization and Increasing Health-Consciousness
Rapid urbanization and an increase in health-conscious working populations worldwide are driving the growth of the bulgur market. Bulgur wheat's nutrient-rich composition, including vitamins B, niacin, and minerals like zinc, selenium, and magnesium, offers various health benefits such as blood pressure regulation, heart protection, increased metabolism, and improved homocysteine conversion, making it a preferred choice in the food industry for its health-promoting properties.
Opportunities:
Rising Trend of Plant-Based Diets and Increasing Awareness of Bulgur's Nutritional Benefits
The growing trend of plant-based diets and increasing awareness of bulgur's nutritional benefits present a significant opportunity for the global bulgur market. As a versatile and healthy cereal food, bulgur appeals to health-conscious consumers looking for natural and nutritious alternatives. Key players are focused on innovation and expanding product portfolios to cater to evolving consumer preferences in different regions.
Segmentation Analysis of the Bulgur Market:
By Type, The Fine Bulgur segment is expected to dominate the market due to its versatility and popularity among consumers. Being rich in fiber, easily cooked, and highly nutritious, it is preferred for various dishes, including tabbouleh and breakfast porridge. The quick-cooking nature of Fine Bulgur aligns well with busy lifestyles, fostering demand for dishes like Bulgur Falafel, Salad, and Pilaf, driving its growth in the Bulgur market.
Regional Analysis of the Bulgur Market:
Asia Pacific dominates in the Bulgur market this dominance is driven by the region's growing population and industrial development, particularly in countries like China and India. The rise in convenience stores and urban areas has increased demand for quick and easy-to-prepare foods like Bulgur. Its nutty flavor and versatility in various dishes, including baked goods and pilafs, further fuel its popularity, and the busy lifestyle of the region is expected to sustain the demand for Bulgur in the future.
Key Industry Development:
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.
In October 2019, Hometown Food Company Acquires the Arrowhead Mills? and SunSpire? Brands from The Hain Celestial Group, Inc. Hometown Food Company ("Hometown Foods"), a wholly-owned portfolio company of Brynwood Partners VII L.P. and Brynwood Partners VIII L.P., is pleased to announce that it has acquired the Arrowhead Mills and SunSpire brands from The Hain Celestial Group, Inc. for $15 million subject to customary post-closing adjustments. The transaction includes a manufacturing facility in Hereford, TX and its employees.
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA