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Pregelatinized Flour Market Predicted to Witness Highest Revenues from Europe and North America
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Global Pregelatinized Flour Market: Forecast
The global pregelatinized flour market has been witnessing moderate growth rate since past years. The global pregelatinized flour market, according to Persistence Market Research, is anticipated to grow at a CAGR of 4.5% throughout the period of forecast 2017-2025. This market is estimated to reach a value of about US$ 1.7 Bn by 2025 from a value of US$1.2 Bn in 2017. The volume growth of this market is slated to register a CAGR of 3.7% during the assessment period.
Global Pregelatinized Flour Market: Segmental Highlights
The global pregelatinized flour market is segmented by source (rice, wheat, corn and others), by application (food, pet food and industrial) and by region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa). The food segment in application is further sub segmented by bakery and confectionery, dairy, soups and sauces and snacks and others.
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Global pregelatinized flour market to witness moderate growth during 2017-2025
According to Persistence Market Research, the global pregelatinized flour market is expected to grow at moderate growth rate and reach a significant market value by the end of the forecast period. The pregelatinized flour market has been witnessing steady growth during 2012-2016 period. It is anticipated to grow at a CAGR of 4.5% throughout the period of assessment to reflect a market value of US$ 1.7 Bn by 2025 from a value of US$ 1.2 Bn in 2017. The growth of the global pregelatinized flour market can be attributed to the increasing demand for gluten free products, increasing preference for baked products and rising demand for clean label products.
Food segment to witness high growth during the forecast period
By application, the food segment is expected to grow at the highest rate to register a value CAGR of 4.8% throughout the period of forecast. This segment also reflects high market evaluation, and reflects US$ 1.4 Bn in 2025. The food segment by application is anticipated to create an incremental dollar opportunity of US$ 435.4 Mn between 2017 and 2025. The pet food segment follows the food segment, and is growing at a CAGR of 3.8% by value. The industrial segment shows sluggish growth rate during the assessment period.
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𝐆𝐥𝐨𝐛𝐚𝐥 𝐏𝐫𝐞𝐠𝐞𝐥𝐚𝐭𝐢𝐧𝐢𝐳𝐞𝐝 𝐒𝐭𝐚𝐫𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 𝐔𝐒𝐃 𝟐.𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧. 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐢𝐧𝐝𝐢𝐜𝐚𝐭𝐞 𝐭𝐡𝐚𝐭 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐭𝐡𝐢𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐢𝐥𝐥 𝐫𝐞𝐚𝐜𝐡 𝐚𝐫𝐨𝐮𝐧𝐝 𝐔𝐒𝐃 𝟒.𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟒.𝟑𝟏% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟐
𝐏𝐫𝐞𝐠𝐞𝐥𝐚𝐭𝐢𝐧𝐢𝐳𝐞𝐝 𝐒𝐭𝐚𝐫𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
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