Wheat Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Wheat / Grain Value Chain Market Analysis report offers the Value Chain Overview, Price Markups in the Value Chain, Stakeholder Analysis, and Issues and Challenges in the Value Chain. The report offers the market size in value terms in USD for all the abovementioned segments.

Wheat Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Wheat Market Size

Wheat Value Chain Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.31 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific

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Seeds

Crop Protection

Fertilizers

Agricultural Commodities

Agriculture Services

Agricultural Machinery and Technology

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Wheat Market Analysis

The Wheat Market is expected to register a CAGR of 5.31% during the forecast period.

  • Wheat is one of the key global commodities in terms of acreage and tradeable value and is a staple in household diets. Many factors affect wheat prices, including climate, yields, oil prices, lagged prices, and imports. In addition to gradually and consistently increasing global wheat demand, these market drivers are posited to impact world prices and food security. 
  • Approximately 21% of the world's food depends on annual wheat crop harvests, which often have relatively low stocks. The developing countries, mostly net wheat importers, consume 77% of the total global wheat production. Accordingly, wheat accounts for approximately 24% of food commodities imported by developing countries.
  • The wheat market is much more dispersed than other grain markets, and the countries of the former Soviet Union represent a relatively small share of that market. Hence, the wheat trade restrictions result in a 4% increase in global prices. Wheat has seen a minimal direct impact from the outbreak of the pandemic across the world. As an essential food alongside its staple by-products, flour and bread, any price change minimally affects the demand.
  • Countries like the United States, Canada, Australia, China, France, and Russia are major players worldwide in intense wheat trade activities. Hence, over the long term, the increased food security, focus on trade initiatives, and increased participation of the major producing countries are anticipated to drive the growth of the wheat market during the forecast period.

Wheat Market News

  • January 2023: According to the Indian Institute of Wheat (IIW)and Barley Research, wheat production in India is set to increase in 2023 as all-time high prices prompted farmers to expand planting areas and opt for high-yielding varieties so that the production could rise to 112 million tons.
  • February 2022: Groupe Limagrain released the first CoAXium soft white winter wheat varieties, which will be more easily adapted to the Pacific-North West environment than previously available varieties.
  • July 2021: BASF introduced Ideltis as the seed brand name for its future hybrid wheat to enable higher and more stable performance in yield and quality for farmers.

Wheat Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Value Chain Analysis
    • 4.1.1 Value Chain Overview
    • 4.1.2 Price Mark Ups in the Value Chain
    • 4.1.3 Stakeholder Analysis
    • 4.1.4 Issues and Challenges in the Value Chain

5. MARKET OPPRUTUNITIES AND FUTURE TRENDS

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Wheat Industry Segmentation

Wheat is a cereal grass of the genus Triticum and family Poaceae, cultivated widely for its seed and cereal grain, which is the major staple food in the region. The many species of wheat together make up the genus Triticum, out of which the most widely grown is common wheat (Triticum aestivum). The other major varieties are durum wheat (T. durum) and club wheat (T.compactum).

The wheat value chain analysis report offers the value chain overview, price markups in the value chain, stakeholder analysis, and issues and challenges in the value chain.

The market sizing has been done in value terms in USD for all the abovementioned segments.

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Wheat Market Research FAQs

What is the current Wheat Market size?

The Wheat Market is projected to register a CAGR of 5.31% during the forecast period (2025-2030)

Which is the fastest growing region in Wheat Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Wheat Market?

In 2025, the Asia-Pacific accounts for the largest market share in Wheat Market.

What years does this Wheat Market cover?

The report covers the Wheat Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Wheat Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Wheat Industry Report

Statistics for the 2025 Wheat Value Chain Analysis market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Wheat Value Chain Analysis analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.