Wheat Market Size, Growth, and Trends 2025 to 2035

Wheat Market Size 2025 to 2035

The global wheat market size reached at USD 210.74 billion in 2025 with projections indicating a rise from USD 219.80 billion in 2026 to reach around USD 321.06 billion by 2035, expanding at a CAGR of 4.3% throughout the forecast period from 2026 to 2035. The growing shift towards improved agricultural productivity and significant efforts for sustainable agriculture practices make wheat crop production of the utmost importance. 

Key Highlights

• By region, Asia Pacific dominated the market with the highest share of 51% in 2025, due to the growing shift towards food security, grain production, grain security, and supply. 
• By region, North America is expected to grow at the fastest CAGR, due to the significant efforts of governments to understand potential opportunities in the market. 
• By region, Europe is a notably growing area, driven by the remarkable production and supply of soft wheat across the European markets and globally. 
• By nature, the conventional segment contributed the largest market share of 95% in 2025, due to advanced farming research and increased crop yield through conventional farming practices. 
• By nature, the organic segment is expected to grow at the fastest CAGR during the forecast period, driven by the production of natural products through organic farming methods. 
• By end user, the B2B segment dominated the market share in 2025, driven by the potential benefits of B2B channels related to increased sales and improved brand recognition. 
• By end users, the B2C segment is expected to grow at the fastest CAGR during the forecast period, attributed to the ideal features of B2C platforms in delivering big customer reach and fast product sales.

Wheat Industry Coverage

Market Overview

How Could the New Wheat Varieties offer Higher Yields and Drive the Global Wheat Market? 

Wheat production in the rabi season is expected to reach 115.43 million tonnes in the year 2024-25. According to the Ministry of Agriculture and Farmers' Welfare, India achieved the production of rice, wheat, and maize in the period 2024-25 in the Kharif season. In June 2024, the UK Flour Millers published an online wheat guide that can be used by farmers and agronomists to know the preferences of miller varieties. India is the biggest wheat consumer and grower in the world after China. It is expected that India will produce 105 million metric tons of wheat in 2024. Wheat is one of the most important grains in the world and requires high environmental costs. According to the National Research Institute for Agriculture, Food and Environment (INRAE) of France and researchers at the Technical University of Munich (TUM), new varieties of wheat can produce higher yields with the same amount of nitrogen fertilizer. 

• According to Grains Australia, 12 new varieties of wheat were classified in the year 2024-25, which include Borlaug 100, Dozer CL Plus, Firefly, Genie, Intrigue, Jumbuck, LRPB Major, LRPB Tracer, LRPB Vortex, Mammoth, Possum, and Thumper in August 2024. (Source: Grains Australia)
• In November 2024, the Central Government of India announced the allocation of 3.69 lakh tonnes of wheat and 2.91 lakh tonnes of rice from the Food Corporation of India (FCI) to launch phase II of subsidized retail sales of wheat flour and rice under the Bharat brand. (Source: DH-deccan herald)

The Global Wheat Consumption (1,000 metric tons) in September 2024-25 by the U.S. Department of Agriculture (USDA), Economic Research Service

(Source: USDA)

Wheat Market Trends

How Crucial is the Role of Agtech Innovations in Driving Sustainable Crop Production? 

• Satellite-based Crop Health Monitoring and AI-driven Advisory Systems: The utilization of multispectral satellite imagery enables farmers to gain real-time insights into soil health, moisture levels in soil, vegetation health, and other complex parameters. This data proves to be helpful to farmers in making informed decisions related to pest management, irrigation, and fertilizer usage. It results in the optimization of crop yields and reduced wastage of resources. 
  However, AI offers personalized farm advisory services with real-time data about weather forecasts and crop management strategies. The analysis of satellite data enables AI to generate personalized advices for enhanced efficiency and improved agricultural productivity. 
• Resource Management Tools and Carbon Footprint Tracking: These tools include features to manage farm resources efficiently. They also enable fleet management for large farming operations. These tools are helpful in reducing operational costs and improving overall management of farms. 
  However, the carbon footprint tracking capabilities are equipped with features that help farmers to monitor farming fields and reduce their impact on the environment. This creates new opportunities for the market.

The Global Wheat Trade in 2024-25 by the U.S. Department of Agriculture (USDA), Economic Research Service

(Source: USDA)

Market Opportunity

What is the Future of Wheat Farming Strategies? 

There are several opportunities to farmers, and they can have access to premium markets. By accessing premium markets, farmers can achieve a consistent production of high-quality wheat and better prices. The integration of advanced technologies and precision agriculture technologies enables farmers to achieve improved yields, reduced costs, and better alignment with market demands. The various digital platforms allow farmers to connect with international buyers to increase their profit margins. The implementation of sustainable environment-friendly agricultural practices maintains a competitive edge among farmers from all around the world. 

Market Challenges

How Precision Agriculture Plays a Significant Role in Handling Market Fluctuations? 

Precision agriculture technology is one of the smart solutions and an important tool for agribusinesses and farmers. It helps to resolve the complexities associated with crop yield forecasting, resource optimization, risk management, and market intelligence. Farmers do not face challenges in predicting crop yields due to advanced satellite-based monitoring systems which provide accurate and timely data about crop yields. The farmers found the best solutions to optimize water, pesticides, and fertilizers with the help of precision agriculture tools.

These smart solutions introduce reduced input costs and improved profitability even in challenging situations in the market. The agtech solutions can provide real-time data on crop health and weather conditions, which helps to meet risks associated with climate change and fluctuations in the market. There can be better decision-making about sales timing, pricing strategies, and crop selection due to the insertion of market intelligence. 

Trade Analysis of the Wheat Market 

• In 2023, India exported $50.5 million worth of wheat, positioning it as the 38th largest wheat exporter among 134 nations globally. During the same year, wheat ranked as the 593rd most exported product out of 1,219 in India. 
• The primary destinations for India's wheat exports in 2023 included Nepal ($47.8 million), the United Arab Emirates ($1.18 million), Ethiopia ($485,000), Bhutan ($206,000), and Malaysia ($194,000).
• Furthermore, in 2023, India imported $73.9 million of wheat, making it the 89th largest wheat importer among 194 countries worldwide. That year, wheat ranked as the 529th most imported product out of 1,215 in India, with imports largely originating from Australia ($33.1 million), Canada ($23.7 million), Romania ($13.7 million), Ukraine ($2.57 million), and Turkey ($375,000).
• The marketing year 2024/2025 projected a resurgence in U.S. wheat exports, primarily driven by recovery in domestic wheat production and competitive pricing. Overall, total U.S. wheat exports increased by nearly 16% year-over-year, reaching 820 million bushels (22.3 million metric tons), as per the USDA's June 2025 World Agricultural Supply and Demand Estimates (WASDE) report.
• In 2023, Germany imported $1.5 billion worth of wheat, ranking as the 13th largest wheat importer globally among 194 countries. Wheat was the 178th most imported product out of 1,222 in Germany that year, with primary imports coming from Czechia ($600 million), Poland ($423 million), France ($111 million), Slovakia ($96.6 million), and Hungary ($65.5 million).

Regional Insights

How Asia Pacific Dominated the Wheat Market in 2025? 

Asia Pacific dominated the wheat market in 2025. In South Asia, the planting of the wheat crop in 2025 is driven by favorable conditions for soil and soil moisture. Farmers are looking for affordable and accessible ways to obtain fertilizers, pesticides, herbicides, fuel, etc. to improve agricultural production. People are focusing on sustainable establishment and early development of crops. Efforts are made to protect the crops from frost damage, snow, and freezing temperatures to maintain the yields.

Asia Pacific Wheat Market Size 2025 to 2035

The Asia Pacific wheat market size reached at USD 107.48 billion in 2025 with projections indicating a rise from USD 112.10 billion in 2026 to reach around USD 165.35 billion by 2035, expanding at a CAGR of 4.40% throughout the forecast period from 2026 to 2035.

Central Asia

The Kazakh Ministry of Agriculture announced that it will provide financial support to suppliers to export 1.5 million tonnes of food grain to major markets at an amount of 30 billion tenge and at 20,000 tenge per tonne. For this purpose, the ministry developed rules and action plans to assist suppliers with money through a national budget. These allocations were planned to provide through China to the Southeast Asian markets, Iran, Afghanistan, Georgia, etc.

East Asia and the Pacific

The East Asian and Pacific countries are facing rising food prices that present challenges associated with food security and economic stability. In Myanmar, the rice prices are approximately 40% higher than last year. Agricultural production and the lives of people are largely impacted by climate conditions. The governments across the region took several initiatives to improve food security. They make efforts to promote domestic production by raising crop yields and reducing dependency on imports. The government authorities planned to expand the farming land by 4.5 million hectares along with advancements in irrigation systems.

• In May 2025, Pacific Island countries and the Ministers of Agriculture and Forestry of these countries declared their approval and support for the 'Growing the Pacific 2050' Strategy intended for agriculture and forestry to advance agrifood systems. (Source: FAO)

What is the Significant Scenario Regarding Food Security in China?

The Central Government of China focuses on food security by increasing agricultural productivity and imports. The president of China makes efforts to promote domestic food security and related policies. The stronger measures ensure stable agricultural production and supply of products in both the rural areas and industries. The Central Rural Work Conference of 2023 focused on the importance and maintenance of grain production, grain security, and supply. Local governments play major roles in seed security, food security, agricultural innovations, and security of genetically modified seeds. 

• In May 2025, the Food and Agriculture Organization of the United Nations announced the recognition of three sites in China having expertise in freshwater pearl mussels, pears, and white pea as the GIAHS (Globally Important Agricultural Heritage Systems). (Source: FAO)

North America is Expected to Grow at the Fastest CAGR in the Wheat Market During the Forecast Period

The National Association of Wheat Growers was introduced by the producers willing to work together towards the betterment of the industry. It states that wheat is one of the most important plants in the world and about 50 million acres of wheat is produced by U.S. farmers. The farmers in northern American countries provide food for hundreds of millions of people at home and abroad. They also support jobs of people in rural communities, mills, bakeries, restaurants, and grocery stores.

• In April 2025, Bunge Limited announced the entry into definitive agreements to sell its corn milling business and dry corn business in North America. (Source: BUNGE)

How Does the U.S. Make Significant Efforts to Understand the Challenging Markets? 

According to the National Agricultural Statistics Service of the U.S. Department of Agriculture (USDA), U.S. farmers are expected to produce 1.28 billion bushels of wheat in the winter of the year 2024. This was a 2% increase in winter wheat production compared to 2023. 

The U.S. Wheat Associates Board team met with customers and 3 unique markets along with the producers from Arizona, Idaho and Nebraska to exchange information about U.S. wheat. They have explored challenges and opportunities in Morocco, Egypt, and Portugal in June 2025. 

The Wheat Supply in the U.S. in 2024-25 (in Million Bushels) by the U.S. Department of Agriculture (USDA), Economic Research Service

(Source: USDA)

Europe is Seen to Grow at a Notable Rate in the Wheat Market in 2025

According to the EU agricultural outlook 2024-2035, the agricultural sector of the European Union is expected to become the net exporter of agri-food products such as wheat, barley, dairy products, meat, olive oil, wine, etc. It contributes to global food security while staying self-sufficient for several communities. The amount of land for agriculture and forestry in the European Union is projected to remain stable in the period 2024-2035. The European Union is the second-largest wheat consumer and the largest producer globally. 

• In April 2025, Bunge Limited and Repsol announced an achievement in the development of renewable fuels in Europe by incorporating intermediate novel crops such as camelina and safflower in the production of renewable fuels. (Source: BUNGE)

How did Soft Wheat gain traction in the United Kingdom and European Countries? 

The EU and the UK play major roles in global wheat production. France is the largest producer of soft wheat in the EU, and which also faces some challenges due to adverse weather conditions during production. The imports of soft wheat have increased in the EU, driven by Spain and Germany. The UK suppliers, including Ukraine and Canada, have strengthened their presence in the market. There was a strong demand in the UK, Spain, and Italy for product exports from Canada. Red Spring Wheat grades 1 and 2 were the largest contributors to the export growth rate of Canada.

Soft Wheat Production in the European Union in thousand tons in 2024 by the European Commission based on Eurostat Crop Production Annual Data

(Source: Canada.ca)

Latin America Wheat Market Trends

Wheat consumption has significantly increased in South American countries, particularly Brazil, Colombia, and Argentina, in recent years. The high nutritional value of wheat has broadened its application in the food and processing industries throughout the region. Improved living standards and augmented disposable income have heightened health awareness among urban consumers, while the rise in lifestyle-related diseases has further positively influenced demand for wheat consumption.

Brazil's wheat market is marked by substantial domestic production along with increased exports and significant imports. Recent trends indicate an abundant local supply, leading to reduced prices, particularly with the arrival of new harvests. However, global conditions, such as large harvests elsewhere, exert pressure on the market, notwithstanding the ongoing robust demand for wheat-based products and gluten for pet food, thereby ensuring continued trade activity.

Wheat Market Segmental Insights

Nature Insights 

How Conventional Segment Dominated the Wheat Market in 2025? 

The conventional segment dominated the wheat market in 2025. Conventional wheat production offers opportunities to explore new modes in farming practices by incorporating synthetic chemicals to control pests and improve growth. Conventional farming methods can also increase crop yield with the help of different chemicals and modern techniques. Researchers are looking into emerging trends and innovations in conventional farming practices to achieve improved agricultural productivity.

The Organic Segment is Expected to Grow at the Fastest CAGR in the Wheat Market During the Forecast Period

Organic wheat production provides favorable farming opportunities without the use of herbicides, fertilizers, and synthetic pesticides. The organic wheat farming practices focus on maintaining soil health by using natural pest control methods and promoting biodiversity. The organic products are cleaner, natural, and nutrient-rich.

End User Insights 

What Made B2B the Dominant Segment in the Wheat Market in 2025? 

The B2B segment dominated the wheat market in 2025. The B2B channels help businesses to reach more buyers and explore new markets. B2B communications result in increased sales of products and improved brand recognition. Business to business opportunities lead to enhanced efficiency of businesses through rapid delivery and reduced costs. The B2B end users enable businesses to stay competitive in the global market. It also accelerates the analytics and scalability of businesses. 

The B2C Segment is Expected to Grow at the Fastest CAGR in the Wheat Market During the Predicted Timeframe

The B2C platforms offer bigger customer reach, reduced overhead costs, and faster sales cycles. They provide favorable opportunities to build brands by introducing flexibility and adaptability. The presence of various types of B2C businesses, such as direct sellers, online intermediaries, advertisement-based, community-based, and fee-based, present different business models and target different audiences. 

Recent Developments in the Wheat Market

Ardent Mills

• Launch: In November 2024, Ardent Mills announced the launch of two new ingredient solutions in the fiscal year 2024 based on the data provided by the company’s 2024 environmental, social, and governance report. (Source: Food Business News)

Grain Craft

• Acquisition: In September 2024, Grain Craft announced the acquisition partnership with Central Milling by signing off an agreement including three flour mills situated in Logan, Richmond, and Collinston. (Source: Grain Craft)

Wheat Market Leading Companies

• Archer Daniels Midland Company
• Cargill
• Ardent Mills
• General Mills Inc
• MGP Ingredients Inc
• Bunge Limited
• The King Milling Company
• Grain Craft
• Manildra Group
• The Scoular Company
• Glencore
• Adani Wilmar
• LT Foods
• KRBL
• CHS Inc.
• Louis Dreyfus Company

Segments Covered in the Report

By Nature 

• Organic 
• Conventional 

By End User

• B2B
  • Food & Beverages
  • Animal Feed
  • Industrial Use (Biofuels, Starch, Adhesives, Pharmaceuticals)
  • Others (Cosmetics, Personal care products, and Construction materials)
• B2C
  • Offline
  • Online

By Region 

• North America
• Asia Pacific 
• Europe
• Middle East and Africa
• Latin America