Enriched Flour Market Size to Boost USD 333.65 Billion By 2032 | CAGR 7.3% - Published by Emergen Research

The global Enriched Flour Market size is expected to reach USD 333.65 Billion in 2032 and register a steady revenue CAGR of 7.3% during the forecast period, according to the latest analysis by Emergen Research. Rising awareness among individuals regarding proper nutrition is a major factor driving the market revenue growth. Enriched white bread and other enriched grain products are rich in iron, vitamin B including thiamin, niacin, riboflavin, and folic acid, and complex carbohydrates. Thiamin improves digestion and enhances the body's fat and carbohydrate metabolism. Riboflavin is an important vitamin that aids the body's protein utilization which contributes to market revenue growth. By incorporating these nutrients into flour, enriched flour helps to ensure that the finished products, such as bread, pasta, and cereals, have essential vitamins and minerals, thereby addressing nutrient inadequacies and driving market revenue growth.

Rising demand for packaged and convenience food products is another factor driving the market revenue growth. The addition of nutrients to white flour that are eliminated during milling is known as flour enrichment. It is used in bread, cakes, cookies, and quick breads. Enriched flour provides extended shelf life to packaged and convenience food products. Food manufacturers use enriched flour to ensure that their products maintain a consistent taste, texture, and appearance hence contributing to the market revenue growth.

The latest research report serves as a perfect example of the precise analysis of the global Enriched Flour Market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Enriched Flour industry.

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Drivers of the Enriched Flour Market :

Several factors are driving the growth of the Enriched Flour Market. Notably, the growing prevalence of nutrient deficiencies and health concerns related to poor dietary habits are driving consumers towards fortified food products, including enriched flour. Moreover, government initiatives and regulations mandating food fortification programs to address nutritional deficiencies and improve public health are further propelling market growth. Additionally, the versatility and convenience offered by enriched flour in various food applications, including baking, pasta making, and snack manufacturing, contribute to its increasing adoption by food manufacturers and consumers alike.

 Restraints and Challenges

Despite its promising growth prospects, the Enriched Flour Market faces certain restraints. One significant challenge is the perception among some consumers regarding the quality and processing methods associated with enriched flour. Concerns about additives and processing techniques may lead to hesitancy in adopting enriched flour-based products among certain consumer segments. Additionally, fluctuations in raw material prices, particularly wheat, can impact the production cost of enriched flour, posing challenges for manufacturers in maintaining competitive pricing. Overcoming these challenges while educating consumers about the nutritional benefits of enriched flour remains crucial for market growth.

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The report also discusses the key players involved in the market such as:

Cargill ADM, Associated British Foods plc, Ingredion, General Mills Inc., Parrish & Heimbecker, SunOpta, Ingredion, AGRANA Beteiligungs-AG, Informa Markets.

The report provides a thorough estimation of the overall impact of the pandemic on the Enriched Flour Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Enriched Flour Market

Enriched Flour Latest Industry News

On 5 June 2023, SunOpta, announced a first-of-its-kind collaboration with Seven Sundays. Seven Sundays introduced the first-ever Oat Protein Cereal created with SunOpta's Oat Gold, a nutrient-rich recycled oat protein powder derived from oat milk manufacturing. Seven Sundays expanded its product lines with an upcycled oat protein ingredient created by SunOpta as a result of this collaboration.

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Enriched Flour Market Segment Analysis :

For the purpose of this report, Emergen Research has segmented the global enriched flour market on the basis of enrichment, source, product type, application, distribution channel, end-use, and region:

· Enrichment Outlook (Revenue, USD Billion; 2019-2032)
Vitamins
Minerals
Others
· Source Outlook (Revenue, USD Billion; 2019-2032)
Cereals
Legumes
Others
· Product Type Outlook (Revenue, USD Billion; 2019-2032)
Bread Flour
Cake Flour
Pastry Flour
Others
· Application Outlook (Revenue, USD Billion; 2019-2032)
Bakery & confectionery
Beverages
Baby Food
Soups & Snacks
Prepared Meals
Others
· Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
Retail Stores
Online Retail
Wholesale
· End-Use Outlook (Revenue, USD Billion; 2019-2032)
Household Consumers
Food Manufacturers and Processors
Foodservice Industry
· Regional Outlook (Revenue, USD Billion, 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Spain
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of MEA

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