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Flour Global Market By Raw Material, By Product Type, By Manufacturers, By Technology, By Application, By Regional Forecast 2023-2032 | Ardent Mills, General Mills Inc., Grain Craft, Hodgson Mill, Grain Millers
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Flour Market Size, Growth Rate, And Forecast
The global flour market size is expected to grow from $96.51 billion in 2022 to $102.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global flour market size is expected to reach $125.33 billion in 2027 at a CAGR of 5.0%.
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Flour Market Drivers
The rise in the consumption of bakery products is expected to propel the growth of the flour market going forward. Bakery products refer to goods that are often made from flour or other grains.
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Flour Market Segments
• By Type: Wheat, Maize, Rice, Oats, Other Types
• By Form: Wet, Dry
• By Sales Channels: Direct, Indirect
• By Application: Noodles And Pasta, Bread And Bakery Products, Animal Feed, Wafers, Crackers, And Biscuits, Non-Food Applications, Plastics, Biomaterials, And Glue, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Flour Market.
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Flour Market Key Players
Major competitors in the Flour market are Archer-Daniels-Midland, Ardent Mills, General Mills Inc., King Arthur Baking Company Inc., Grain Craft, Hodgson Mill, Grain Millers, Conagra Brands Inc., Hindustan Unilever Limited, Arrowhead Mills, Sunrise Flour Mills, Hayden Flour Mills, Heartland Mill, Interflour Group Pte Ltd., and US Durum Milling Inc.
The Business Research Company's "Global Flour Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Flour Market Include:
1. Executive Summary
2. Flour Market Characteristics
3. Flour Market Trends And Strategies
4. Flour Market - Macro Economic Scenario
5. Flour Market Size And Growth
.....
26. Africa Flour Market
27. Flour Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flour Market
29. Flour Market Future Outlook And Potential Analysis
30. Appendix
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