Flour Market report, published by Allied Market Research, forecasts that the global market is expected to garner $270,895 million by 2022, growing at a CAGR of 4.4% during the period 2016 - 2022. The wheat segment dominated this market, occupying more than three-fourths of the total share of revenue in 2015.Rise in health concerns for high-protein flour provides impetus for product innovation in alternatives such as rice flour, maize flour, corn flour, and soya flour. Owing to the urbanization and modern lifestyle, the demand for flour-based foods has boomed the market.
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2. FLOUR MARKET
“The rice segment is expected to witness the highest growth during the
forecast period, owing to increasing use of rice-based food products and
rising demand for rice in regions where people possess relatively low per
capita disposable incomes.”
Eswara Prasad
3. • Flour Market report, published by Allied Market Research, forecasts that the global
market is expected to garner $270,895 million by 2022, growing at a CAGR of 4.4%
during the period 2016 - 2022.
• The wheat segment dominated this market, occupying more than three-fourths of
the total share of revenue in 2015.
• Rise in health concerns for high-protein flour provides impetus for product
innovation in alternatives such as rice flour, maize flour, corn flour, and soya flour.
• Owing to the urbanization and modern lifestyle, the demand for flour-based foods
has boomed the market.
Read more at : https://www.alliedmarketresearch.com/flour-market
FLOUR MARKET OVERVIEW
4. FLOUR MARKET KEY BENEFITS
• The study provides an in-depth analysis of the flour market with key drivers,
restraints, and opportunities with impact analysis to elucidate the imminent
investment pockets.
• Current and future trends are outlined to determine the overall flour market
potential and single out profitable trends to gain a stronger foothold.
• Extensive analysis is conducted by following key product positioning and monitoring
the top competitors within the market framework.
• Quantitative analysis of the current market and future estimations through 2014-
2022 are provided to showcase the financial competency of the market.
• Key players are profiled and their strategies are analyzed thoroughly, which helps in
understanding competitive outlook of the global market.
6. • Wet technology segment is anticipated to grow at the fastest rate during the
analysis period.
• Asia-Pacific is estimated to continue to lead the market, growing at a CAGR of 4.9%,
in terms of revenue.
• Noodles & pasta occupied for more than two-ninths of the total share of the global
flour market in 2015.
• Non-food application is estimated to grow at the highest CAGR of 6.5%, in terms of
revenue.
• Others segment is expected to show a significant growth in the Asia-Pacific region.
FLOUR MARKET KEY FINDINGS
8. KEY PLAYERS IN INDUSTRY
• Ardent Mills Canada
• Archer Daniels Midland Company
• Associated British Foods plc
• ConAgra Foods, Inc.
• General Mills Inc.
• Hindustan Unilever Limited
• Hodgson Mill.
• ITC Limited
• King Arthur Flour Company, Inc.
• White Wings
• Willmar International
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10. TOP INVESTMENT POCKETS
Currently, bread & bakery products segment has witnessed large-scale adoption of flour,
owing to increase in demand for bread. Moreover, rise in government support fuels the
need for flour products. Noodles & pasta, wafers, crackers & biscuits, animal feed, and
others are other popular segments in the global flour market. The rapid growth of flour in
these applications is expected in subsequent years due to rising demand for flour and
need for higher quality flour.