Global Functional Flours Market is projected to propel at a rapid pace and register a formidable CAGR during the forecast period 2023-2027. The market growth can be attributed to the flourishing food business across the world along with increasing demand for healthy food by the consumers. The rising health consciousness among the consumers has accelerated the demand for flour made of lentils, grains and cereals which is enriched in essential nutrients. Flour is a primary ingredient that is added in several food products such as bakery products, pasta, pizza etc as functional flour helps in maintain the consistency of the food products and reduces the processing time as well. As a result, it is highly adopted by the foodservice businesses. In addition to this, the accelerating adoption of packaged food and ready-to-eat food products is also strengthening the global market for functional flours. Apart from this, people suffering from celiac diseases, gluten intolerance and allergies related to wheat, are increasingly opting for speciality flours, which in turn, is anticipated to propel the growth of the global functional flour market.
The global functional flours market is segmented in the basis of type, raw material, source, application, competitive landscape, and regional distribution. Based on the type the market is bifurcated into pre-cooked flours, specialty flours and others. By raw material the market is fragmented among wheat, rice, and maize. Based on the source the market is divided between legumes and cereals. Among these, the wheat segment is anticipated to hold a significant market share in the coming years. This is primarily because wheat is widely used as a base flour for most of the functional flours. By application the market is bifurcated into bakery products, rt e products, soups & sauces and others. The market analysis also studies the regional segmentation, divided among North America, Europe & CIS, Asia Pacific, Middle east and Africa, South America.
Some of the leading players in the Global Functional Flours Market are The Hain Celestial Group Inc., Archer Daniels Midland Company, Cargill, Bunge Limited, Sunopta Inc., Parrish and Heimbecker Limited, Associated British Foods PLC, General Mills Inc. etc.
In this report, Global Functional Flours Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Functional Flours Market, By Type:
- Pre-Cooked Flours
- Specialty Flours
Functional Flours Market, By Raw Material:
Functional Flours Market, By Source:
Functional Flours Market, By Application:
- Bakery Products
- RT e Products
- Soups & Sauces
Functional Flours Market, By Region:
- Asia Pacific
- South Korea
- Europe & CIS
- United Kingdom
- North America
- United States
- South America
- Middle East and Africa
- South Africa
- Saudi Arabia
- Asia Pacific
Company Profiles: Detailed analysis of the major companies present in Functional Flours Market.
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
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