Press release
Organic Flour Market Trends, Size, Forecast 2024-2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2086The Business Research Company offers in-depth market insights through Organic Flour Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The organic flour market size has grown strongly in recent years. It will grow from $2.9 billion in 2023 to $3.05 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to expanding organic agriculture practices, consumer demand for organic products, awareness of health benefits, rise in gluten-free and paleo diets, expansion of specialty and health food stores..
The organic flour market size is expected to see strongly grown in the next few years. It will grow to $3.74 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to innovations in organic flour varieties, growing vegan and plant-based diets, investments in organic farming research, expansion of organic bakeries and cafes, focus on locally sourced and small-batch products.. Major trends in the forecast period include online retail, clean label movement, collaborations and partnerships, integration of technology in organic farming, traceability and supply chain transparency..
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Market Segmentation:
The organic flour market covered in this report is segmented -
1) By Type: Wheat, Rice, Maize, Soya
2) By Distribution Channel: Specialist Retailers, Independent Stores, Hypermarkets And Supermarkets, Convenience Stores
3) By Application: Bakery Products, Restaurants, Household, Dietary Supplements, Other Application
Major Driver - Growing Consumer Preference Boosts Organic Flour Consumption In Food And Beverages
Increasing consumption and use of organic flour in food and beverages are expected to propel the growth of the organic flour market going forward. Organic food is a chemical-free food with high health benefits, as a result, people are interested in consuming organic food with no chemicals. Increasing consumer interest in organic food is increasing the consumption and use of organic flour in food as they are a healthier option for consuming food. For instance, in Dec 2021, according to Utah state university, a US-based public research university survey on organic bakery survey data, among 45 bakeries, 37 bakeries currently use organic wheat flour, organic whole wheat bread flour (86%) followed by organic white bread flour (70%), and organic all-purpose flour (49%). Further, the bakeries source organic wheat flour from millers (67%) and distributors, wholesalers, and brokers (64%) and utilize between 1 to 2 suppliers (73%). Therefore, increasing the consumption and use of organic flour in food and beverages drives the organic flour market.
Competitive Landscape:
Major companies operating in the organic flour market report are Heartland Mill Inc., Bob's Red Mill Natural Foods, Lindley Mills Inc., Ardent Mills, Daybreak Mill, The Hain Celestial Group Inc., Sunrise Flour Mill, Sresta Natural Bioproducts Pvt. Ltd., Yorkshire Organic Millers Limited, Fairhaven Organic Flour Mill, Conagra Brands Inc., Archer Daniels Midland Co., General Mills Inc., Willmar International Limited, Associated British Foods plc., Hindustan Unilever Limited, ITC Limited, Hayden Flour Mills LLC, Grain Craft Inc., King Arthur Flour, The Birkett Mills, To Your Health Sprouted Flour, Great River Organic Milling, Arrowhead Mills, Nature's Path Foods, Shipton Mill, Doves Farm Foods, Eden Foods, La Milanaise, Central Milling Company, Champlain Valley Milling, Farmer Ground Flour, Janie's Mill, Maine Grains, Palouse Brand, Pleasant Hill Grain, Wild Hive Farm .
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Top Trend - Key Players Launching Innovative Organic Atta To Elevate Offerings In The Flour Market
Product innovation is a key trend gaining popularity in the organic flour market. Major companies operating in the organic flour market are focused on developing new products to strengthen their position in the market. For instance, in May 2022, Amul Federation, an India-based food product marketing organization, announced the launch of Amul Organic Atta. The production of Amul Organic Atta is being done at the state of art processing facility. The facility processes a range of Amul products using highly automated and sophisticated gear. Amul Organic Atta is manufactured from wheat that has been certified organic and is devoid of all pesticides. The product undergoes a rigorous process of laboratory testing several times to ensure that it satisfies the Government of India's organic standards.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Organic Flour Market Characteristics
3. Organic Flour Market Trends And Strategies
4. Organic Flour Market - Macro Economic Scenario
5. Organic Flour Market Size And Growth
…..
27. Organic Flour Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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