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Flour Market to Witness an Outstanding Growth by 2028

01-18-2022 10:04 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: FactMR

The robustly growing world population is creating a huge demand in the food and beverage sector. There is increasing demand for processed food due to the growing urban population as well as an increase in the working population across the globe. Cereal-based foods are a staple food for the majority of the population across the world. These foods are made from grains like wheat, rice, maize, barley, sorghum, millet, etc. Most products containing cereals are made from grain flour. Flour is nothing but the powder made by grinding grains, and is used to make a variety of food products.

Flour is used to make products like bread, which is a staple in many regions. Wheat flour is an important ingredient in the diet of European, Indian, North American, Middle Eastern, South American, and some African cultures.

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Growing Demand for Wheat Flour Due to Multiple Applications in Various Segments in the Food industry
The global flour market is expected to rise in the near future with the continuous increase in applications and the introduction of innovative products. The rise in the consumption of fast food, continuous increase in global population, and increased spending on food due to rise in per capita income are some of the major drivers of the global flour market. The increase in consumption of ready-to-consume food and bakery products, shift in the taste of the millennial generation, and increased tendency to try new food products are some secondary factors that are driving the flour market.

There is an increasing demand for fortified and healthy food products, with increased value especially from developed countries, thus leading to a rise in the demand for value-added flours. The introduction of gluten-free flour products has boosted the flour market among the gluten intolerant and rising number of health concerned consumers.

Global Flour Market Key Players
Some of the key players in the global flour market are

King Arthur Flour Company Inc.
Hindustan Unilever
Cargill
ConAgra Foods
Archer Daniels Midland Co.
Ardent Mills
General Mills
Hodgson Mills
Grain Millers Inc.
Interflour Group Pte Ltd.
Grain Craft.
More companies

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Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
Eastern Europe (Russia, Poland, CIS)
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

Global Flour Market Segmentation
On the basis of source, the global flour market has been segmented as:

Wheat
Rice
Maize
Oats
Others
On the basis of technology, the global flour market has been segmented as:

Dry Technology
Wet Technology
On the basis of application, the global flour market has been segmented as:

Bread and Bakery Products
Pasta and Noodles
Snacks
Baby Food
Animal Feed
Others
On the basis of sales channel, the global flour market has been segmented as:

Direct
Indirect
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
e-Retail

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About Fact.MR

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