Functional Flour Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

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Report Code: ZMR-2664 | Report Format : | Status : Upcoming |

Abstract

Global Functional Flour Market: Overview

Functional flours are grain and non-grain flour which are custom-made to improve the worth and value of the substance for various applications, during blending, breeding, and further processing. Apart from offering the texture and structure of food items, functional flours claim to enhance health and give better health advantages as compared to regular flour. Functional flour also comprises flour fortified with minerals, vitamins, herbs, and other dietary components, and nutraceuticals.

Global Functional Flour Market: Growth Factors

Growing number of health-conscious customers demanding for gluten-free, specialty, and fortified trends are propelling the development of function flour market. People suffering from gluten intolerance, celiac disease, and wheat allergies, and other syndromes, are going for specialty flour consumption, this is, in turn, propels the functional flour market expansion. As functional flours hold wide applications into bakery items, the rapid development of bakery sector is another most important factor fuelling market growth worldwide. Foodstuff products made by utilizing functional flour contain more protein, low fat, and fiber, along with other better nutritional benefits as compared to the commonly used wheat flour. Understanding the health advantages offered by a variety range of functional flours, different governments are encouraging the functional flours, as well as supporting the manufacturers and suppliers.

Global Functional Flour Market: Segmentation

Functional flour market is classified based on by type, source, by applications. Based on the source, the global functional flour market is bifurcated into legumes and cereals. The cereals division includes barley, flours of rice, maize, wheat, millet, corn, triticale, sorghum, etc. Cereals flours are very popular and are used frequently. Flour prepared from various types of nuts, beans, lentils and peas such as carob, soybean, mesquite clover, etc. come under legume division. Understanding dietary values of legumes are always preferred in food products, hence market demand and popularity for legume functional flours are anticipated to be higher in the coming future. Functional flour market is further categorized based on types such as gluten-free flours, fortified flours, specialty flours, and other flours. Functional flour market is divided based on applications into soups and sauces, bakery, ready to eat food products, and others.

Global Functional Flour Market: Regional Analysis

By region, the global functional flour market is classified into Europe, North America, Asia-Pacific, and the Middle East and Africa. North America is anticipated to be the largest market for the global functional flour and is expected to grow at a significant rate in the coming years. Europe is also expected to have a leading share in the global functional flour market. The quickly increasing popularity and demand of convenience food, along with the rising awareness regarding health benefits in the Asia Pacific region, is projected to increase the demand for the functional flour market especially from countries such as China, Japan, and India.

Global Functional Flour Market: Competitive Players

Some of the most important companies in the global functional flour market are Archer Daniels Midland Company, Cargill Incorporated, Associated British Foods Plc, The Scoular Company, General Mills, Inc., The Hain Celestial Group, Inc., Parrish and Heimbecker Ltd., ConAgra Foods, Inc., The Caremoli Group, ITC Limited, Unicorn Grain Specialties, Ingredion Inc., SunOpta Limited, and Bunge Limited, among others.

Global Functional Flour Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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