Global Functional Flour Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Functional Flour Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Source (Cereals, and Legumes), Type (Specialty Flour, and Conventional Flour), Application (Bakery, Savory Snacks, Soups and Sauces, Ready-to-Eat products, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Functional Flour Market was valued at USD 84,306.1 million in 2023 and is expected to reach USD 153,976.2 million by 2031 while growing at a CAGR of 7.8% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global functional flour market growth. Functional flour, designed for added health benefits, goes beyond basic nutrition. Developed to meet specific preferences and dietary needs, it offers enhanced properties like increased fiber, reduced allergens, and added vitamins.
Increasing consumer awareness of health and wellness, along with a growing demand for gluten-free and allergen-free products, is driving the growth of the functional flour market. Despite these positive factors, obstacles such as the higher cost of functional flours and challenges in taste and texture may impede market expansion.
Furthermore, the global functional flour industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Source Analysis
The Global Functional Flour Market is segmented among Cereals, and Legumes, based on Source. In 2023, Cereals accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Functional Flour Market is segmented among Specialty Flour, and Conventional Flour, based on Type. In 2023, Conventional Flour accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Functional Flour Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Cargill, Inc, Archer Daniels Midland Company, Associated British Foods plc, Ingredion Inc., Parrish and Heimbecker Limited, Bunge Limited, Südzucker AG (Agrana Beteiligungs-AG), The Scoular Company, GEMEF Industries, and The Caremoli Group.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Functional Flour Market Dynamics
Drivers
Restraints
Opportunity
4. Global Functional Flour Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Functional Flour Market Segmentation, By Source
Global Functional Flour Market Share Analysis, By Source
Global Functional Flour Market Growth Analysis, By Source
Global Functional Flour Market Trends, By Source
o Cereals
o Legumes
6. Global Functional Flour Market Segmentation, By Type
Global Functional Flour Market Share Analysis, By Type
Global Functional Flour Market Growth Analysis, By Type
Global Functional Flour Market Trends, By Type
o Specialty Flour
o Conventional Flour
7. Global Functional Flour Market Segmentation, By Application
Global Functional Flour Market Share Analysis, By Application
Global Functional Flour Market Growth Analysis, By Application
Global Functional Flour Market Trends, By Application
o Bakery
o Savory Snacks
o Soups and Sauces
o Ready-to-Eat products
o Other Applications
8. Global Functional Flour Market Segmentation, By Region
Global Functional Flour Market Share Analysis, By Region
Global Functional Flour Market Growth Analysis, By Region
Global Functional Flour Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Cargill, Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Archer Daniels Midland Compan
Associated British Foods plc
Ingredion Inc.
Parrish and Heimbecker Limited
Bunge Limited
Südzucker AG (Agrana Beteiligungs-AG)
The Scoular Company
GEMEF Industries
The Caremoli Group
*Similar analysis will be provided for each company listed above.