Top Companies in Wheat Market | Growth Analysis of Industry Top Key Players by VMR
Wheat is widely cultivated for its seed and cereal grain, both of which are staple foods around the world.
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Upcoming Trends in Wheat Market
The Global Wheat Market is valued at USD 731.5 Million in the year 2021 and is projected to reach a value of USD 848.3 Million by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 2.5% over the forecast period.
The wheat protein concentrates market is likely to gain tailwinds from the rising popularity of innovative protein concentrates in the food and beverages industry. The surging propensity for high glutamine intake is predicted to be a primary growth lever for the Wheat Market. Moreover, the health attributes of Wheat protein concentrates, such as enhanced digestibility, is further likely to propel revenue growth of the Wheat Market.
Manufacturers in the Wheat Market are offering products that are aimed at overcoming high-protein challenges. Strategic launches of this kind are helping the aspiring players of the Wheat Market to gain a strategic edge over their rivalry. For instance, Archer Daniels Midland (ADM), a global leader in food processing, introduced a new product ‘Nutriance’ to its existing portfolio to overcome the issue of incorporation of high protein and glutamine levels.
Some of the key players operating in Wheat Market are listed below:
|
Company Name |
Revenue in USD |
|
$85 Billion |
|
$22 Million |
|
$134 Billion |
|
$11 Billion |
|
$18 Billion |
|
$2 Billion |
|
$21 Million |
|
$7 Billion |
|
<$5 Million |
|
<$5 Million |
The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company is listed as ADM (NYSE) in the New York stocks market. In the second quarter of 2022, the company has generated revenue of USD 28.52 billion and has approximately 38,332 employees working.
Allied Mills Australia Pty Limited is located in North Fremantle, Western Australia and is part of the Grain and Oilseed Milling Industry. Allied Mills Australia Pty Limited has 5000 employees at this location and generates USD 177,985 in sales (USD). There are 237 companies in the Allied Mills Australia Pty Limited corporate family.
Cargill, Inc., is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. In 2018 the company generated revenue of USD 11.46 billion and has 1,66,000 employees working across its major locations.
Formerly known as ConAgra Foods, ConAgra Mills is an American consumer packaged goods holding company headquartered in Chicago, Illinois.
General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller. The company is listed as GIS (NYSE) in the New York stocks market.
George Weston Foods is one of the largest consumer products companies in Australia. It is a wholly-owned subsidiary of Associated British Foods Plc. Its brands include Tip Top and Top Taste. In 2003, Weston's biscuits were put up for sale in order to consolidate the company's product lines.
Hodgson Mill is rock solid. The company touts its use of grinding stones (rather than the steel blades that the big companies use) to mill a variety of grains, including Wheat, oats, rye, and corn. The Missouri mill was built in 1837; company founder Alva Hodgson purchased the mill after its second rebuilding in 1882.
ITC Limited is an Indian conglomerate company headquartered in Kolkata. ITC has a diversified presence across industries such as FMCG, hotels, software, packaging, paperboards, specialty papers, and agribusiness. The company has 13 businesses in 5 segments. It exports its products to 90 countries. Listed in the stock market as ITC (NSE). In 2021, the company generated revenue of USD 6.21 billion and has 36,500 employees working across the globe.
Jaora Flour and Foods Private Limited are located in Ratlam, Madhya Pradesh, India and is part of the Grain and Oilseed Milling Industry. Jaora Flour and Foods Private Limited has 27 total employees across all of its locations.
Kale Flour Milling was established in 1984. The company would like to introduce itself as a well-known Turkish company involved in the milling industry. To the present moment, the company has 24-year experience in Wheat flour production.
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