According to the Global Functional Flour market is expected to grow from $51.48 billion in 2016 to reach $91.23 billion by 2023 with a CAGR of 8.5%. Growing demand for healthier food products, increasing adoption in bakery products productions, and raising market for Gluten-Free Flour are some of the factors propelling the market growth. However, strict regulations on food quality, intensified competition from substitutes are hindering the market growth.
Ready-to-Eat Product application segment sector leads the market globally with the biggest market share and is expected to register substantial growth rate during the forecast period. The growth of this segment is attributed to changing life style habits and rapid urbanization in emerging countries. North America is expected to command the global market with largest market revenue due to increasing health awareness, growing demand for bakery products. Asia Pacific is projected to witness high growth rate during the forecast period.
Some of the key players in global functional flour market include Agrana Beteiligungs-AG, Archer Daniels Midland Company, Associated British Foods PLC, Bunge Limited, Cargill, Incorporated, General Mills, Inc., Ingredion, Limagrain, Maticnjak, Parrish and Heimbecker, Limited, Sunopta, Inc., The Hain Celestial Group Inc., and The Scoular Company.
Ingredients Types Covered:
Pre-Cooked Flours
Specialty Flours
o Enzyme-Treated Flours
o Gluten-Free Flours
o Extruded & Partially Transformed Flours
o Pre-Gelatinized Flours
Other Functional Flours
Raw Materials Covered:
Sprouted Grain
Tapioca
Wheat
Corn
Maize
Peanut
Rice
Other Raw Materials
Form Types Covered:
Granulated Functional flours
Instant Formula
Waxy Functional Flours
Multi benefit functional flours
Applications Covered:
Soups & Sauces
Ready-to-Eat Products
o Snacks
o Pasta Products
o Breakfast Cereals
o Others
Bakery Products
o Donuts & Rolls
o Cookies
o Cakes & Pastries
o Breads
o Other Bakery Products
Other Applications
o Spreads & Infant Formula
o Special Diet Food
o Seasoning Bases and Coatings & Breadings
o Beverages
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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