According to a new market report published by Lucintel, the future of the global functional flour market looks promising with opportunities in the bakery products, soups and sauces, noodles and pasta, and ready-to-eat product markets. The global functional flours market is expected to grow with a CAGR of 7% to 9% from 2022 to 2027. The major drivers for this market are increase in demand for premium food products, changing lifestyle of consumers, and rise in demand for convenience & healthy bakery products.
Browse through 150 pages and in-depth TOC on “Global Functional Flour Market"
In this market, pre-cooked flour, specialty flour, and fortified flour are the major types of functional flours. On the basis of its comprehensive research, Lucintel forecasts that specialty flour will remain the largest segment over the forecast period as several food manufacturers are using more gluten-free food materials to produce bakery and RTE products, rising demand for enriched food items, and increase in health-related consumer awareness.
Within this market, additive-based flour, conventional flour, and genetically modified flour are the major products.. Additive-based flour is expected to remain the largest segment due to the flour being produced by combining legumes that are loaded with nutrients and display water retention properties.
North America will remain the largest region due to the increase in the presence of health-conscious consumers and gluten-intolerant population in this region and the demand for premium products.
Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for healthier low fat alternatives and increasing consumption of nutrient-enriched foods to improve overall health. Cargill Incorporated, Archer Daniels Midland Company, The Scoular Company, Associated British Foods Plc, The Hain Celestial Group Inc, General Mills Inc, ConAgra Foods, Inc, ITC Limited, The Caremoli Group and Ingredion Inc, are the major suppliers in the global functional flour market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global functional flour market by source, type, product type, application and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Functional Flours Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global functional flours market by source, type, product type, application and region, as follows:
Functional Flours Market by Source [Value ($B) shipment analysis for 2016-2027]:
•Rice
•Tapioca
•Sunflower
•Linseed
•Lentils
•Wheat
•Others
Functional Flours Market by Type [Value ($B) shipment analysis for 2016-2027]:
•Pre-Cooked Flour
•Specialty Flour
•Fortified Flour
Functional Flours Market by Product Type [Value ($B) shipment analysis for 2016-2027]:
•Additive-based Flour
•Conventional Flour
•Genetically Modified Flour
Functional Flours Market by Application [Value ($B) shipment analysis for 2016-2027]:
•Bakery Products
•Soups And Sauces
•Noodles
•Pasta
•Ready-To-Eat Products
•Others
Functional Flours Market by Region Type [Value ($B) shipment analysis for 2016-2027]:
•North America
oUS
oCanada
oMexico
•Europe
oGermany
oFrance
oRussia
oUnited Kingdom
•Asia Pacific
oChina
oJapan
oSouth Korea
oIndia
oIndonesia
•The Rest of the World
oBrazil
oArgentina
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/functional-flour-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the functional flour market by source (rice, tapioca, sunflower, linseed, lentils, wheat and others), type (pre-cooked flour, specialty flour, and fortified flour), product type (additive-based flour, conventional flour, and genetically modified flour), application (bakery products, soups and sauces, noodles and pasta, ready-to-eat products, others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?