Press release
Functional Flour Market - A New Frontier in the Food Industry - Revenue to Hit $110.93 Billion by 2030 - Arizton
According to Arizton's latest research report, the functional flour market [https://www.arizton.com/market-reports/functional-flour-market] is growing at a CAGR of 7.63% during 2024-2030.Looking for More Information? Click: [https://www.arizton.com/market-reports/functional-flour-market]
Report Scope:
Market Size (2030): $110.93 Billion
Market Size (2024): $71.34 Billion
CAGR (2024-2030): 7.63%
Historic Year:2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Product, Source, Application, End-User, Distribution Channel, and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
The Growing Demand for Functional Flours in the Global Food Industry
The global food industry is witnessing a shift towards healthier, more versatile ingredients, and functional flours are at the forefront of this transformation. These specially processed, non-traditional flours offer enhanced nutritional benefits and improved functional properties, making them an ideal choice for a wide range of food applications. Derived from cereals, legumes, ancient seeds, and nuts, functional flours are meeting the rising demand for gluten-free, high-protein, and low-glycemic index foods. With the increasing prevalence of gluten intolerance, celiac disease, and diabetes, functional flours are becoming a crucial component of modern diets. As the demand for functional flours continues to grow, innovation, consumer education, and the expansion of distribution channels will be crucial for future market success.
Specialty Flours Leading the Functional Flour Market
Specialty flour is at the forefront of the growing functional flour market, driven by consumer demand for healthier, more versatile food options. These include gluten-free flours, high-protein flours, fortified flours, flour blends, and whole grains, each catering to specific dietary needs. Gluten-free flours are essential for individuals with gluten intolerance or celiac disease, while high-protein flours, derived from nuts and legumes, appeal to those seeking protein-rich diets, especially in plant-based food segments.
Fortified flours, enriched with vitamins, minerals, and other nutrients, provide an easy way to boost nutritional value, aligning with the increasing focus on health and wellness. Specialty flours are also valued for their ability to enhance flavor, texture, and shelf life in baked goods, improving dough handling properties for manufacturers and bakers.
The growing preference for clean-label products and natural ingredients has further driven the demand for specialty flours made from whole grains and natural sources. Their versatility across various food categories-such as bakery, snacks, beverages, soups, and sauces-has solidified their place in the market. As consumers continue to prioritize health-conscious choices, specialty flour is driving innovation in the food industry, making them a dominant force in the functional flour market.
B2B the Largest Contributor in the Functional Flour Market
The functional flour market is experiencing significant growth in both B2B and B2C segments. The B2B segment, which includes bakeries, hotels, restaurants, cafeterias, food services, and food processing industries, is driven by the rising prevalence of food intolerances and allergies, along with the increasing demand for healthier food options. Functional flours are widely used as key ingredients in bakery items, snacks, breakfast cereals, soups, and sauces, making the B2B segment the dominant force in the market. Key players in this segment are focusing on product development and innovation to meet the evolving needs of food manufacturers.
On the other hand, the B2C segment is seeing robust growth, driven by rising disposable incomes and growing consumer preference for healthier food choices. This segment is expanding through retail channels such as supermarkets, hypermarkets, convenience stores, and online platforms, with e-commerce playing a significant role in increasing consumer purchases. Functional flours are available in various forms, including pre-packaged flours for home cooking and baking. Increased consumer awareness of the health benefits of functional flours is driving the growth of the B2C segment, further contributing to the overall market expansion.
North America Stronghold in the Functional Flour Market
North America holds a dominant market share in the global functional flour market. The United States and Canada are key contributors to this market, playing a crucial role in the global functional flour industry.
The increasing demand for bakery and confectionery items, as well as ready-to-eat products, is fueling the growth of functional flour in North America. In 2022, the average spend on food per person in the US was $780, indicating strong consumer spending on food products. This demand is expected to continue driving the functional flour market during the forecast period. The North American food industry is focused on introducing nutritional value through new product offerings, driving the growth of functional flours as raw materials in a wide variety of food products. The increasing availability of diversified functional flours that cater to various consumer needs, coupled with rising innovations and positive consumer perceptions, is expanding the market reach.
Manufacturers are heavily investing in research and development to enhance the taste and quality of functional flours. By prioritizing deliciousness and ensuring high-quality products that mirror traditional options, they are meeting the evolving demands of health-conscious consumers while maintaining the nutritional benefits of functional flours.
Recent Vencor Activities
* In 2023, Associated British Foods plc's ingredients division acquired Vital Solutions in Germany, which specializes in natural science-based ingredients for application in dietary supplements and functional foods.
* Cargill, Incorporated's, SimPure Soluble Rice Flour has been recognized with a 2023 Silver Edison Award Trademark for innovation in Food and Agricultural Advancements.
Looking for More Information? Click: [https://www.arizton.com/market-reports/functional-flour-market]
Key Vendors
* Associated British Foods plc
* Bunge Limited
* Cargill
* Incorporated
* General Mills, Inc.
* Ingredion Incorporated
* AGRANA Beteiligungs-AG
* GEMEF INDUSTRIES
* Gisto's
* ITC Limited
* Limagrain
* Maticnjak
* Parrish & Heimbecker
* Shipton Mill Limited
* SunOpta Inc.
* Cairoli Group
* The Hain Celestial Group, Inc.
* The Scoular Company
* Unicorn Specialty Flours
* Bob's Red Mill
* Dr. Schar AG / SPA
* Ulrick & Short Limited
* Gruma Corporation
* Namaste Foods
* SILESIAN Flour Sp. z o.o.
* King Arthur Baking Company, Inc.
* ConAgra Brands, Inc.
Segmentation & Forecasts
Product
* Specialty Flour
* Pre-Cooked Flour
* Others
Source
* Cereals
* Legumes
* Others
Application
* Bakery & Confectionery
* RTE Products
* Soups & Sauces
* Others
End-User
* B2B
* B2C
Distribution Channel
* Offline
* Online
Geography
North America
* The US
* Canada
Europe
* Germany
* The UK
* France
* Spain
* Italy
APAC
* China
* India
* Japan
* South Korea
* Australia
Latin America
* Brazil
* Mexico
Middle East & Africa
* Turkey
* South Africa
* Saudi Arabia
The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the functional flour market. Request for Free Sample to get a glance of the report now: [https://www.arizton.com/market-reports/functional-flour-market]
What Key Findings Will Our Research Analysis Reveal?
Which source segment provides more business opportunities in the global functional flour market?
How big is the global functional flour market?
Which product segment has the largest share in the global functional flour market?
Which region holds the largest share in the global functional flour market?
Who are the major players in the global functional flour market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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Contact Person: Jessica
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