The global triticale market is projected to witness a CAGR 2.8% during the forecast period (2020-2025).
Key Highlights
- Europe is the major triticale producing region with 11,479,366 metric tons in 2018, which accounted for 89.7% of the global triticale production. Poland, Germany, and France are the major producers of triticale in the European region.
- Triticale is gaining popularity among the livestock growers across the globe as it can be used in the animal feed. Triticale has the digestibility and water-soluble sugars similar to oats and cereal rye. Additionally, triticale can also thrive in drought, low-fertile soil which attracts more forage growers and livestock growers. This increasing adoption of triticale in animal feed is one of the major driving factors for the global triticale market.
Key Market Trends
Increasing use of triticale in Animal Feed in North America
Triticale is been increasingly used in animal feed by livestock growers. This can also be used as a substitute for oats and cereal rye. In the United States, North Florida Research and Education Center has developed two triticale varieties such as Trical 342 and Monarch, which are the majorly grown triticale varieties for the purpose of forage. According to a study conducted in Florida, North Dakota, and Canada, the performance of finisher pigs fed with triticale was similar to the finisher pigs fed with corn. The cheaper price of triticale compared to corn will attract more livestock growers to use triticale in animal feed. This will drive the market for North America triticale in the upcoming years.
Europe is the Major Producer of Triticale
Europe is the major triticale producing region with 11,479,366 metric tons in 2018, which accounted for 89.7% of the global triticale production. Poland, Germany, and France are the major producers of triticale in the European region. Poland accounted for 35.6% of the European triticale production in 2018, whereas Germany, France, and Belarus accounted for 16.9%, 12.0%, and 8.8%, respectively, in the same year.
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