Functional Flours - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Functional Flours Market is accounted for $57.71 billion in 2018 and is expected to reach $133.01 billion by 2027 growing at a CAGR of 9.7% during the forecast period. Increased consumer spending coupled with the favourable government regulations and rising demand for premium food products is major factors driving the market growth. However, volatile price fluctuation in the raw materials is restraining market growth.
Functional flours are grain and non-grain flours modified to enhance the values of their individual components for different applications. The functional flours are manufactured and treated to have enhanced nutrient qualities with health benefits.
Based on the type, the pre-cooked flour segment is likely to have a huge demand due to the increasing usage of pre-cooked flours in bakery food items and improving the nutritional values, while maintaining functional and sensory properties in baked products. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to its ever-increasing population and increase in consumer expenditure on processed food items.
Some of the key players profiled in the Functional Flours Market include The Scoular Company, The Hain Celestial Group Inc., Sunopta, Inc., Parrish and Heimbecker, Limited, General Mills, Inc., Cargill, Incorporated, Bunge Limited, Associated British Foods PLC, Archer Daniels Midland Company, and Agrana Beteiligungs-AG.
• Additive Based Flour
• Conventional Flour
• Genetically Modified Flour
• Others Sources
Sales Channels Covered:
• Business to Consumers
• Business to Business
• Speciality Flours
• Instant Flour Mixes
• Enriched Flours
• Composite Flours
• Pre-Cooked Flour
• Fortified Flour
• Soups & Sauces
• Noodles & Pasta
• Savoury Snacks
• Bakery Products
• Ready To Eat
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- 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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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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