Flour Market Outlook 2020 | Industry Trends and Growing Opportunities

According to a research report by Transparency Market Research (TMR), a leading market research and intelligence firm, the global flour market is expected to witness a high growth rate in the near future. The report provides a thorough analysis of this market on the basis of the key trends and future prospects. With a large pool of participants, the worldwide flour market demonstrates a highly competitive business landscape. The key players in the global flour market, such as Archer Daniels Midland Co., Ardent Mills Canada, ConAgra Foods Inc., Associated British Foods Plc, Hindustan Unilever Ltd., ITC Ltd., and General Mills Inc., have been focusing on product differentiation on the basis of flavour and nutritional value to remain significant in the competition. Going forward, these players are projected to shift their focus towards regional expansion in order to increase their visibility across the world in the near future. A considerable rise in their market investments can also be witnessed in the coming years, states the research report.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 -https://www.transparencymarketresearch.com/flour-market.html

The research report by TMR further states that the worldwide flour market will register a steady growth at a healthy CAGR of 4.30% over the period from 2014 to 2020. Flour is extensively utilized in the preparation of noodles and pastas, breads and bakery products, wafers, crackers, biscuits, and animal feeds across the world. Among these, the demand for flour in the breads and bakery products segment is relatively higher. The increasing preference for burgers, sandwiches, and other food items prepared using bread among consumers is the main factor behind this rise in demand. Experts at TMR predict this scenario to remain so over the next few years.
On the basis of the geography, Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America are the main segments in the global flour market. In terms of revenue, Europe has been leading this market, whereas, Asia Pacific has acquired the top position in terms of the volume of consumption. Since bread is a staple food item in a number of European countries, such as the U.K. and Germany, the demand for flour is likely to remain high in Europe over the next few years. Similarly, consumers in various Asian economies prefer to eat wheat-based products, such as flat breads, which is expected to propel wheat yield in Asia Pacific, thereby reflecting positively on the Asia Pacific flour market in the near future, states the research report.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐅𝐨𝐨𝐝 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐥𝐨𝐮𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

"The increasing need to cater to the high demand for food across the world is reflecting on wheat production, which in turn, is boosting the global flour market," says a TMR analyst. The urban population is swiftly taking up fast food as their staple. The demand for bread and bakery products has been constantly high across the world. In addition, the mushrooming of cafes and fast food joints is adding to the demand of bakery products significantly. All these factors are driving the growth in the flour market across the world and are expected to continue to do so over the next few years, notes the market study.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2069

𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐏𝐞𝐫𝐭𝐚𝐢𝐧𝐢𝐧𝐠 𝐭𝐨 𝐈𝐥𝐥 𝐄𝐟𝐟𝐞𝐜𝐭 𝐨𝐟 𝐆𝐥𝐮𝐭𝐞𝐧 𝐭𝐨 𝐋𝐢𝐦𝐢𝐭 𝐅𝐥𝐨𝐮𝐫 𝐂𝐨𝐧𝐬𝐮𝐦𝐩𝐭𝐢𝐨𝐧

On the other hand, the augmenting awareness among consumers regarding the harmful effect of gluten may limit the demand for flour across the world in the near future. Wheat flour has a high gluten content, which is causing consumers to shift to alternatives. However, the increasing demand for food from the ever-rising global population will balance the impact of hindrances in the growth trajectory of this market over the next few years, states the research report.

𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 | 𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 -
https://www.transparencymarketresearch.com/checkout.php?rep_id=2069<ype=S
The review is based on a report by Transparency Market Research, titled "Flour Market (Application - Noodles and Pastas, Breads and Bakery Products, Wafers, Crackers, and Biscuits, Animal Feeds (Pet Foods), Roux and Baby Foods, and Non-food Applications (Bioplastics, Biomaterials, and Glue); Technology - Dry and Wet; Raw Material - Maize (Corn Flour), Rice, Wheat (Durum Flour), and Oat Flour and Rye Flour) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020."

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.accesswire.com/720283/Environment-Testing-Services-Market-to-Reach-US-214-Bn-by-2030-TMR-Study

𝐍𝐮𝐭𝐫𝐢𝐭𝐢𝐨𝐧 𝐁𝐚𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.prnewswire.com/news-releases/nutrition-bars-market-to-reach-us-1-8-bn-by-2030--tmr-study-301641492.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭

Nikhil Sawlani
Transparency Market Research Inc.
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