Clean Label Flour Demand Assessment Market Size Estimated to Reach $3.45 Billion by 2025

Clean Label Flour Demand Assessment Market size is estimated to reach $3.45bn by 2025, growing at a CAGR of 7% during the forecast period 2020-2025. Clean Label is a consumer term that has been broadly accepted by the food industry, consumers, academics and even regulatory agencies. It means making a product using as few ingredients as possible. Increase in the consciousness among individuals, increase in the demand for organic and healthier products, advancements in technology, growing demand for clean label foods and increase in the demand for wheat are the factors that are set to drive the growth of the global market for the forecast period 2020-2025.

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By Product Type- Segment Analysis

Based on the Product Type, the Wheat segment held the largest share in 2019 owing to the factors such as rapid increase in the demand from developing countries, growing demand for diversity in diets and increase in the demand for food. Rice segment is estimated to be the fastest growing segment during the forecast period 2020-2025. The growth in this segment is owing to the factors such as rapid increase in the population and increase in the production.

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By Application- Segment Analysis

Based on the Application, Bakery Products segment held the largest share in 2019 owing to the factors such as increase in the investment by the major companies, increase in the inclination towards sedentary lifestyle and growing preference for convenience foods. Pasta and Noodles segment is estimated to be the fastest growing segment owing to the factors such as increase in the demand for instant foods, increase in the disposable income of individuals, increase in the availability of choice of flavors and growing inclination towards taste.

By Geography - Segment Analysis

Based on the Geography, Europe held the largest share in 2019. The growth in this segment is owing to the factors such as increase in the consciousness among individuals, advancements in technology, sedentary lifestyle and increase in the demand for food. Asia-Pacific is estimated to be the fastest growing segment owing to the factors such as increase in the investment by the major companies in the developing nations, increase in the awareness among customers and rapid increase in the population.

Drivers – Clean Label Flour Demand Assessment Market

Increase in the health consciousness among individuals and increase in the demand for healthier products

The increase in the health consciousness among individuals owing to increase in the number of chronic diseases is estimated to enhance the growth of Clean Label Flour Demand Assessment Market. Advancements in technology and increase in the demand for healthier products are also the factors, which enhance the growth of Clean Label Flour Demand Assessment Market.

Increase in the investment by the major companies on clean label products and increase in the disposable income of individuals.

There is a rapid increase in the investments, by the major companies on clean label products owing to the growing demand. This led to rapid increase in the growth of Clean Label Flour Demand Assessment Market. Increase in the disposable income of individuals is also estimated to enhance the growth of the Clean Label Flour Demand Assessment Market.

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Challenges – Clean Label Flour Demand Assessment Market

Low purchasing power in undeveloped nations and high costs associated with the deployment of clean label flour solutions

Low purchasing power in the undeveloped nations is one of the major factors that is estimated to reduce the growth of the Clean Label Flour Demand Assessment Market. High costs associated with the deployment of clean label flour solutions is also said to reduce the growth of the Clean Label Flour Demand Assessment Market.

Clean Label Flour Demand Assessment Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Clean Label Flour Demand Assessment Market. Key companies of this market are Ingredion Incorporated, Ardent Mills, Cargill Inc, Kerry Group, Arrowhead Mills, Codrico, Hodgson Mill, Grain Craft Inc, Groupe Limagrain, Siemer Specialty Ingredients among others.

Acquisitions/Product Launches:

In 2017, Ingredion Incorporated has launched a range of clean label tapioca flours, based on more than two decades of research to understand the role tapioca can play in clean label applications. Additionally, the range delivers higher viscosity than clean label starches in some applications.

In 2019, Ingredion Incorporated has launched new clean label called NOVATION Lumina in Europe, Middle East and Africa for supporting the natural and clean label positioning customers increasingly seek and offering manufacturers wide functionality and they can be used simply as corn flour or corn starch.

In 2016, Ardent Mills has launched a new line of clean label bread flour, all-purpose flour, pastry flour and whole-wheat flour made without bleach, bromate or other additives.

Key Takeaways

Geographically, Europe Clean Label Flour Demand Assessment Market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the high demand.

The increase in the technology and increase in the consciousness among customers is likely to aid in the market growth of Clean Label Flour Demand Assessment Market.

Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Clean Label Flour Demand Assessment Market report.

The increase in the demand for clean labels and increase in the demand for wheat are creating higher opportunities for the growth of market for the forecast period 2020-2025.

Related Reports :

A. Gluten Free Flour Market
https://www.industryarc.com/Research/Gluten-Free-Flour-Market-Research-507330

B. Noodles Market
https://www.industryarc.com/Report/17773/noodles-market.html

For more Food and Beverages Market reports @ https://www.industryarc.com/Domain/6/food-beverages-market-research.html

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