Functional Flour Market Breakdown By Size, Share, Growth, Trends, and Industry Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Global Functional Flour. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Functional Flour Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The 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.
What are the major Driver the Global Functional Flour industry?
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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What segments define the Global Functional Flour from 2024 to 2030? How do these segments contribute to market dynamics and growth?
- By Source
- Cereals- Market Size & Forecast 2019-2030, (Thousand Tons)
- Legumes- Market Size & Forecast 2019-2030, (Thousand Tons)
According to report, Legumes application accounted for the majority of the market share in the past years & is envisioned to follow a similar trend in the forecast years as well.
- 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)
According to report, Specialty flour captures the potential share of the Global Functional Flour Market.
- 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)
Explore the Complete Global Functional Flour Analysis Report –
https://www.marknteladvisors.com/research-library/functional-flour-market.html
Geographical Analysis: Global Functional Flour
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Functional Flour Share & Competitive Landscape:
The Functional Flour Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Functional Flour are:
- 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
Global Functional Flour Industry Recent Developments
- July 2021: Ulrick & Short introduced functional flour. It focused on enhancing the viscosity, texture & structure of gluten-free bakery products.
Questions Addressed in this Study
1.What factors are driving the Global Functional Flour growth?
2.How is the Global Functional Flour expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Functional Flour?
4.What is the current size of the Global Functional Flour, and how is it projected to change in the future?
6.What is the future outlook for the Global Functional Flour in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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