The Global Functional Flour Market size was valued at USD 62.5 billion in 2022 & is estimated to grow at a CAGR of around 7.8% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global Functional Flour Market Driver:
Surging Need for Nutritional Food Products & Changing Lifestyle of the Individuals – The market is expanding as a result of escalating interest in health & wellness as well as higher consumption of foods that promote good health. To keep healthy & active, individuals all over the world are turning towards diets rich in grains, lentils, grains, cereals, and other nutritional foods. In most of the region there is a prevalence of several diseases due to the unhealthy eating habits. Thus, the individuals are preferring to included foods that contains functional ingredients to reduce the risk of several health concerns like, obesity, diabetes, weight management, etc., which is influencing the demand for functional flours in the market.
Additionally, consumers suffering from gluten-intolerance, wheat allergies, celiac disease, and others are also adopting functional flour-based food products in their diet as these flours are gluten-free, have low-fat, and contains more protein & fiber. This, in turn, is upscaling the growth of the Global Functional Flour Market.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Functional Flour Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Source
- Cereals- Market Size & Forecast 2019-2030, (Thousand Tons)
- Legumes- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Type
- Specialty Flour- Market Size & Forecast 2019-2030, (Thousand Tons)
- Pre-Cooked Flours- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Application
- Bakery – Market Size & Forecast 2019-2030, (Thousand Tons)
- Soup and Sauces- Market Size & Forecast 2019-2030, (Thousand Tons)
- Ready to Eat Products – Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Archer Daniels Midland (ADM), Bunge Limited, Associated British Foods, Cargill Incorporated, Ingredion Incorporated, The Scoular Company, Hain Celestial Group, Sunopta Inc., GEMEF Industries, The Caremoli Group, Ulrick & Short, General Mills, Inc., Limagrain, Parrish & Heimbecker, Others are looking forward to strengthening their market positions.
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