Global Functional Flour Market: Growing Expansion of Cafes & Fast Food Restaurants Globally to Propel Market Growth
As per the latest report published by Variant Market Research, Global Functional Flour Market size was valued at $72 billion in 2016, and expected to reach $120 billion by 2024, growing at a CAGR of 6.6% from 2016 to 2024. Asia Pacific and North America are expected to grow at a CAGR of 8.2% and 6.4%, respectively, over the forecast period.
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Global Functional Flour Market Dynamics
Global functional flour market trends are increasing population, growing expansion of cafes & fast food restaurants worldwide, and change in lifestyle. Though, increasing usage of additives, and unfavourable conditions at warehouses may hamper the market growth. Furthermore, growing aquatic feed industry, gluten-free alternatives such as brown rice flour would generate growth opportunities during for global functional flour market industry in the upcoming years.
Market Segmentations
The key segments covered under the scope of global functional flour market are raw material; product type, type, and application. Raw material comprises wheat, rice maize, and others. Wheat held the highest market share in 2016, whereas maize is anticipated to grow at a fastest CAGR from 2016 to 2024. Furthermore, type segment consist specialty flours, pre-cooked flours, and fortified flours. Bakery products, noodles & pasta, non-food applications and other applications are the key sub segments of application. Bakery products accounted the highest market share of 42.9% in 2016.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/food-beverages/functional-flour-market/toc
Geographical Analysis
Key geographical sub segments are North America, Europe, Asia-Pacific and Rest of the World (RoW). North America dominated the global market with highest market share of 33.1% in 2016, driven by demand for retain packed bread &whole grain pastas, significant surge in per capita consumption, and popularity of gluten-free diet. Asia Pacific is anticipated to grow at a fastest CAGR from 2016 to 2024. The growth is attributed to growing fast food chains, rise in population, surge in consumer expenditure, and growing demand for gluten-free flours.
Competitive Landscape
The major players operating in the global functional flour market are Hindustan Unilever Limited, General Mills Inc., Hodgson Mill, ITC Limited, Associated British Foods plc, Wilmar International Limited, Heartland Mills, Inc., Archer Daniels Midland Company, King Arthur Flour Company, Inc., and ConAgra Foods, Inc. among others.
To browse the complete report, visit @ https://www.variantmarketresearch.com/report-categories/food-beverages/functional-flour-market
Scope of Functional Flour Market
Raw Material Segments
• Maize
• Wheat
• Rice
• Others
Type Segments
• Pre-Cooked Flours
• Fortified Flours
• Specialty Flours
Product Type Segments
• Conventional Flours
• Addictive Based Flours
Application Segments
• Noodles & Pasta
• Bakery Products
• Non-Food Applications
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Germany
o Italy
o France
o Spain
o Others
• Asia-Pacific
o China
o India
o Japan
o Others
• RoW
o South America
o Middle East
o Africa
Related Topics
1. Global Food Encapsulation Market is estimated to reach $52.4 billion by 2024, Says Variant Market Research
2. Global Fast Food Market is estimated to reach $850.6 Billion by 2024, Says Variant Market Research
3. Global Fish Oil Market is estimated to reach $2,364 million by 2024, Says Variant Market Research
4. Kombucha Market Global Scenario Market Size, Outlook, Trend and Forecast, 2016 – 2024
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy &Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant- market-research
Contact US:
John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com
Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/food-beverages/functional-flour-market/sample-request
Global Functional Flour Market Dynamics
Global functional flour market trends are increasing population, growing expansion of cafes & fast food restaurants worldwide, and change in lifestyle. Though, increasing usage of additives, and unfavourable conditions at warehouses may hamper the market growth. Furthermore, growing aquatic feed industry, gluten-free alternatives such as brown rice flour would generate growth opportunities during for global functional flour market industry in the upcoming years.
Market Segmentations
The key segments covered under the scope of global functional flour market are raw material; product type, type, and application. Raw material comprises wheat, rice maize, and others. Wheat held the highest market share in 2016, whereas maize is anticipated to grow at a fastest CAGR from 2016 to 2024. Furthermore, type segment consist specialty flours, pre-cooked flours, and fortified flours. Bakery products, noodles & pasta, non-food applications and other applications are the key sub segments of application. Bakery products accounted the highest market share of 42.9% in 2016.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/food-beverages/functional-flour-market/toc
Geographical Analysis
Key geographical sub segments are North America, Europe, Asia-Pacific and Rest of the World (RoW). North America dominated the global market with highest market share of 33.1% in 2016, driven by demand for retain packed bread &whole grain pastas, significant surge in per capita consumption, and popularity of gluten-free diet. Asia Pacific is anticipated to grow at a fastest CAGR from 2016 to 2024. The growth is attributed to growing fast food chains, rise in population, surge in consumer expenditure, and growing demand for gluten-free flours.
Competitive Landscape
The major players operating in the global functional flour market are Hindustan Unilever Limited, General Mills Inc., Hodgson Mill, ITC Limited, Associated British Foods plc, Wilmar International Limited, Heartland Mills, Inc., Archer Daniels Midland Company, King Arthur Flour Company, Inc., and ConAgra Foods, Inc. among others.
To browse the complete report, visit @ https://www.variantmarketresearch.com/report-categories/food-beverages/functional-flour-market
Scope of Functional Flour Market
Raw Material Segments
• Maize
• Wheat
• Rice
• Others
Type Segments
• Pre-Cooked Flours
• Fortified Flours
• Specialty Flours
Product Type Segments
• Conventional Flours
• Addictive Based Flours
Application Segments
• Noodles & Pasta
• Bakery Products
• Non-Food Applications
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Germany
o Italy
o France
o Spain
o Others
• Asia-Pacific
o China
o India
o Japan
o Others
• RoW
o South America
o Middle East
o Africa
Related Topics
1. Global Food Encapsulation Market is estimated to reach $52.4 billion by 2024, Says Variant Market Research
2. Global Fast Food Market is estimated to reach $850.6 Billion by 2024, Says Variant Market Research
3. Global Fish Oil Market is estimated to reach $2,364 million by 2024, Says Variant Market Research
4. Kombucha Market Global Scenario Market Size, Outlook, Trend and Forecast, 2016 – 2024
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy &Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant- market-research
Contact US:
John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com