Functional Flour Market (By Raw Material: Maize, Wheat, Rice and Others; By Type: Pre-Cooked Flours,Fortified FloursandSpecialty Flours; By Product Type; By Application; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024
21 Oct 2022
Healthcare & Pharmaceuticals
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022...
The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Global Functional Flour Market is estimated to reach $120billion by 2024; growing at a CAGR of 6.6% from 2016 to 2024. Flour is a finely ground powder, made from a variety of raw grains such as rice, oats, barley, corns, rye and peanuts and others. They are used for making food products and baked products. Wheat is the most commonly used among all the flours and is widely used in baking. It also contains additives in very small quantities. For instance, oxidizing agents such as potassium bromate, azodicarbonamide and chlorine dioxide are added to the flour to enrich the flour's baking quality. Pure wheat barn flour is the key source of minerals, dietary fiber, vitamin B6 and niacin, among all the other flour. Gluten-free flour which includes brown rice flour, coconut flour, almond flour and others are suitable for people who have gluten related disorders.
Growing export opportunities and high demand for gluten-free flour are fueling the growth of the functional flour market. Expansion of restaurants and cafes, and changing lifestyle are also boosting the growth of the market. Though, high use of addictive and unfavorable conditions at warehouses may restrain the growth of the market. Nevertheless, expanding aquatic feed industry and availability of gluten-free alternatives may provide growtg opportunities in coming years.
The global functional flour market has been segmented based on the raw material, type, product type, application and geography. By raw material, it is segmented into wheat, rice, maize, and others. By type, the market is segmented into fortified flours, pre-cooked flours and specialty flours. Product type can be segmented into conventional flours and addictive based flours. Furthermore, application is segmented into bakery products, non-food applications, noodles & pasta and others.
By geography the market has been bifurcated into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada and Mexico are covered under North America wherein Europe covers U.K., Germany, Italy, France, Spain and others. Asia-Pacific covers China, India, Japan, and others. Rest of the World (RoW) covers South America, Middle East and Africa.
The key market players of the market are Wilmar International Limited, General Mills Inc., ITC Limited, Hindustan Unilever Limited, Archer Daniels Midland Company, King Arthur Flour Company, Inc., Heartland Mills, Inc., Hodgson Mill, Associated British Foods plc, and ConAgra Foods, Inc. among others.
The key takeaways from the report:
The report will provide detailed analysis of Functional Flour Market with respect to major segments such as raw material, type, product type and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be included in the report
An exhaustive regional analysis of Functional Flour Market has been provided in the report
Profile of the key players in the Functional Flour Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Functional Flour Market
Raw Material Segments
Product Type Segments
addictive based flours
noodles & pasta
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook