Rye Market Size, Share, Industry, Forecast and outlook (2024-2031)

Market Overview

The global rye market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is expected to exhibit a CAGR of 3.2% during the forecast period (2023-2030).

Vitamin B6, thiamine, niacin, iron, folate, fiber, and riboflavin are all present in the rye in adequate amounts. In addition to these micronutrients, rye also includes trace amounts of zinc, pantothenic acid, phosphorus, magnesium, and calcium. Rye can lower inflammation, help with blood sugar regulation, support digestive health, improve heart health, and lower the chance of several cancers. The Food and Agriculture Organization (FAO) estimated that in 2021, the world's top producers of rye will be Germany, Poland, Russia, Belarus, Denmark, Ukraine, and China, who will collectively contribute 3,325.6 thousand metric tons. Other major producers will contribute 2,472.8 thousand, 1,721.9 thousand, 845 thousand, 672.4 thousand, 593.1 thousand, and 512.2 thousand metric tons.

Scope

Dynamics

Demand for fiber-rich foods is driving the market growth

The primary element contributing to the growth of the rye market is the rising demand for food products high in fiber. Rye has the highest amount of dietary fiber of all grains. Rye flour is used to make bread to change their flavour and up the fibre content. With the rising popularity of rye whole grains in baked products including muffins, crackers, cupcakes, and biscuits, this trend is progressively gaining traction. For instance, rye bread is becoming more and more popular as a result of its various advantages. Those who have a moderate gluten sensitivity or have trouble digesting conventional bread should benefit from this type of bread. Before adding the grains to the flour, they are sprouted. Moreover, sprouting increases the quantity of essential nutrients like vitamin B, vitamin C, folate, fibre, and certain amino acids. These advantages will promote the use of rye whole grain products and fuel the market's expansion over the forecast period.

Increasing wellness and beauty trends are driving the demand for rye

Rye is a significant source of fiber, which is increasingly used for domestic and commercial uses to meet nutritional needs. Products made up of rye are used by fitness enthusiasts and gym goers because it helps people lose weight. Rye fibers have a phenomenal capacity to bind water and swiftly elicit feelings of satiety and fullness, making finished goods made from rye, an invaluable resource for anyone trying to lose weight. Rye cosmetics are appropriate for skin and hair care products. Magnesium, zinc, iron, and calcium are among the minerals that make hair strong and smooth while also preventing the early signs of ageing. Rye cosmetics works well on lines and imperfections. Therefore, these factors are expected to increase demand for rye cosmetics in the cosmetic industry, thereby driving the market growth.

The rapid climatic changes is hampering the rye market growth

The negative effects of climate change may decrease grain production in a number of areas, affecting global food security. The typical grain yield and grain growth time may both be shortened by rising temperatures. The rise in temperature can also have an impact on water supply, soil moisture, and nutrient levels. On the other hand, a 1°Celsius rise in temperature during the rice plant's growth cycle can shorten that time by about four days. Such unfavorable climate changes could lower grain output, which would impede the market's expansion over the forecast period.

Segment Analysis

The global rye market is segmented based on product type, application, and region.

Rising demand for rye for human consumption is expected to drive the human consumption segment growth

The human consumption segment in the rye market has the largest share. 90% of the rye produced is consumed by people. It offers numerous health advantages, such as enhancing digestive health when wholegrain rye is consumed. It can even lower the risk of type 2 diabetes, chronic illnesses, and colorectal cancer. Compared to wheat bread, rye meals have well-established positive benefits on insulin metabolism. Therefore, these factors are expected to drive the human consumption segment growth and in turn, propel the market growth.

Source: DataM Intelligence Analysis (2023)

Top of Form

Geographical Penetration

The high demand for rye in Europe

Eastern, Central, and Northern Europe are the prominent regions where rye is produced. The main rye belt extends from northern Germany through Poland, Ukraine, Belarus, Lithuania, and Latvia into central and northern Russia. The two countries that produce and consume the most rye in Europe are Germany and Poland.  About half of the rye that is grown is used to make animal feed.

Rye consumption in the region has increased further by the increased demand for rye in the production of alcohol. The yield of this crop stayed high, enabling Europe nations to trade rye with other nations. Euro data show that domestic prices within Europe have decreased to allow for the export of this crop. The price of maize has a big impact on rye's domestic prices in the region.

Source: DataM Intelligence Analysis (2023)

Competitive Landscape

The major global players in the market include Agrex Inc., Archer Daniels Midland Co., Louis Dreyfus Co. BV, Agrozan Commodities DMCC, The Soufflet Group, Olam International Ltd., The Scoular Company, Vandaele Seeds Ltd, AB Enzymes, and SAZERAC CO, INC.

COVID-19 Impact Analysis

By Product Type

• Rye Flour
• Rye Berries
• Rye Chops
• Rye Flakes
• Others

By Application

• Human Consumption
• Animal Feed
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In January 2023, the first 100% Irish rye whisky in the world was introduced by Powers Irish Whiskey. The U.S., Ireland, Northern Ireland, Dublin Airport, and internet marketplaces all carry Powers Irish Rye.
• In January 2021, a novel enzyme, VERON® RYEO, was introduced by AB Enzymes for rye applications. The product will assist producers of bread improvers in developing improved rye-based products with enhanced rheological characteristics. The next-generation product VERON® RYEO is designed to meet the technological requirements of processing rye dough in both artisanal and industrial settings.

Why Purchase the Report?

• To visualize the global rye market segmentation based on product type, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of natural food colors market-level with all segments.
• PDF report consisting of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as Excel consisting of key products of all the major market players.

The global rye market report would provide approximately 93 tables, 109 figures and 190 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies