Global Functional Flours Market: Numerous Applications and Augmenting Health Awareness to Aggravate Demand

The global functional flours market is predicted to gain a strong impetus from a broad scope of usage in baked and ready-to-eat food items. The growth of the world market could attain a stronger position on the back of an augmenting rate of urbanization, rising disposable income, and inflating health awareness among consumers related to the consumption of nutritious food. In a report by Transparency Market Research (TMR), titled “Functional Flours Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024,” the analysts have also shared the decisive market restraints and opportunities.

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Due to its extensive ambit of applications varying from bakery to gluten-free products, it is expected of the growth of the international functional flours market to see a new rise. When compared to foods prepared with the addition of wheat flour, functional flour foods are studied to offer better and a more number of nutritional profits because of their extra protein and fiber content. People with wheat allergies, celiac disease, and gluten intolerance can be offered gluten-free food options in the form of quinoa and amaranth. Moreover, manufacturers of functional flours can cash in on their novel tastes and unique properties as they are driven from various types of crop.

However, the world functional flours market is foreseen to experience a setback on account of strict regulations penned down by governments coupled with the labelling laws pertinent to health claims and factors such as ‘gluten free.’ Another critical constraint of the global market could be the non-native availability and high price of raw materials.

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Nonetheless, market opportunities are expected to birth from the sweeping gamut of applications of functional flour in different products such as gluten-free, infant food, spreads and seasoning bases, pasta, snacks, dairy products and beverages, breakfast cereals, and bakery product. Besides this, there are different distribution channels such as direct selling, mass retailers, and internet retailing which could suffice the need for the availability of functional flours even in remote locations. Furthermore, the different forms of functional flour such as instant formula delta tocopherols, waxy functional flours, granulated functional flours, and multi-benefit functional flour are anticipated to make the demand more aggressive.

With regard to two significant factors, i.e. selling price bearing a greater average and per capita consumption flaunting a higher rate, the Western Europe functional flours market is projected to take the lead on the basis of revenue. However, Asia Pacific is foretold to exhibit a telling market share and an impressive CAGR.

Some of the popular names making their presence known in the global functional flours market are General Mills, Inc., Associated British Foods plc, Bunge Limited, Archer Daniels Midland Company, and Cargill, Incorporated.

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