Functional Flour Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Functional Flour Market: By Type (Fortified Flours, Gluten-Free Flours, Specialty Flour, and Pre-Cooked Flours), By Source (Maize, Rice, and Wheat), By Application (Bakery, Soups and Sauces, Ready-to-Eat Products, and Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

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Report

Description

Global functional flour market is expected to grow at 7.0% Compound Annual Growth Rate (CAGR) over 2021 to 2027. Functional flour is the hydro-thermally treated flours. They are also known as HT flours. The flours are made of various types of grains such as rice, wheat, maize which contain less gluten than the conventional wheat flours. These functional flours are treated to enhance the nutrient quality which plays a prominent role in adding benefits to health. Functional flours are used as active components in the production of high-quality food that is also healthier than regular meals. Consumers today are less interested in mid-market items. These customers are exhibiting a trend in which they are reducing their spending on basic goods and instead experimenting with new premium products on the functional flour market. This development in functional flour has been most noticeable in baking goods containing such flours. Women are the primary drivers of this surge in premium food purchases. Another factor for premium foods’ popularity is internet selling, which offers substantial discounts. For critical nutrients, consumers all across the world are attempting to incorporate a combination of grains, cereals, and lentils into their daily diets. Furthermore, rising gluten allergies are fueling demand for non-wheat flour. Functional flours, such as soy flour, rye flour, and oat flour, are in high demand as a result of this. Functional flours are modified wheat or non-traditional flours that promise to promote health and provide additional health advantages beyond those provided by flour’s nutrients. Flours supplemented with vitamins, herbs, and even nutraceuticals are examples of functional flour.

Functional Flour Market

MARKET SUMMARY
-
7% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 7%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Functional Flour Market

  • The report on global Functional Flour Market gives historical, current, and future market sizes (US$ Bn) on the basis of type, source, application and geography.
  • Functional Flour Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • The Hain Celestial Group, Inc. (U.S.)
  • SunOpta, Inc. (Canada)
  • Parrish and Heimbecker, Limited (Canada)
  • Cargill, Incorporated (U.S.)
  • Archer Daniels Midland Company (U.S.)
Dynamics

Functional Flour Market

Increase in the health consciousness among the people is the key factor driving the growth of the functional flour market. The rising demand for the bakery products and ready-to-eat bakery products such as buns, biscuits, and cakes are boosting the growth of the functional flour market. The growing demand for flours from the food processed industry is anticipated to drive the growth of the functional flour market. However, the high cost of the raw material is hampering the growth of the market. The stringent government regulations are likely to hamper the growth of the functional flour market over the forecast period.


North-America got significant share

Functional Flour Market

Geographically, global functional flour market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe constitute the largest share in thefunctional flour market owing to its gaining popularity of convenience food such as snacks, pasta products, cereals, and nutrient bars. Europe functional flour market is driven by increase in production of bakery products. The Asia Pacific region is expected to grow exponentially over the upcoming years due to its growing economy along with rising population.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenari0

Functional Flour Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • The Hain Celestial Group, Inc. (U.S.)
  • SunOpta, Inc. (Canada)
  • Parrish and Heimbecker, Limited (Canada)
  • Cargill, Incorporated (U.S.)
  • Archer Daniels Midland Company (U.S.)
  • Bunge Limited (U.S.)
  • General Mills, Inc. (U.S.)
  • Associated British Foods plc (U.K)

Description

Global functional flour market is expected to grow at 7.0% Compound Annual Growth Rate (CAGR) over 2021 to 2027. Functional flour is the hydro-thermally treated flours. They are also known as HT flours. The flours are made of various types of grains such as rice, wheat, maize which contain less gluten than the conventional wheat flours. These functional flours are treated to enhance the nutrient quality which plays a prominent role in adding benefits to health. Functional flours are used as active components in the production of high-quality food that is also healthier than regular meals. Consumers today are less interested in mid-market items. These customers are exhibiting a trend in which they are reducing their spending on basic goods and instead experimenting with new premium products on the functional flour market. This development in functional flour has been most noticeable in baking goods containing such flours. Women are the primary drivers of this surge in premium food purchases. Another factor for premium foods’ popularity is internet selling, which offers substantial discounts. For critical nutrients, consumers all across the world are attempting to incorporate a combination of grains, cereals, and lentils into their daily diets. Furthermore, rising gluten allergies are fueling demand for non-wheat flour. Functional flours, such as soy flour, rye flour, and oat flour, are in high demand as a result of this. Functional flours are modified wheat or non-traditional flours that promise to promote health and provide additional health advantages beyond those provided by flour’s nutrients. Flours supplemented with vitamins, herbs, and even nutraceuticals are examples of functional flour.

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