Functional Flour Market Growth Outlook Through 2024-2033

Spread the love

Overview and Scope
Functional flours refer to specialist goods that undergo hydrothermal treatment for various uses in the food and beverage sector. They are healthier than regular ingredients and are used to create high-end culinary products. It is used for cleaner-label, healthier, and more nutrient-dense food, and feed products are available.

Sizing and Forecast
The functional flour market size has grown strongly in recent years. It will grow from $66.79 billion in 2023 to $71.22 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to functional flour in food processing industry, specific health benefits, specialty diet demand, personalized nutrition, innovations in product formulation..

The functional flour market size is expected to see strong growth in the next few years. It will grow to $91.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to rising demand for specialty flours, clean label preferences, functional attributes, health and wellness trends, gluten-free and allergen-free requirements.. Major trends in the forecast period include regulatory changes and labeling standards, functional flour in food processing, global culinary fusion, sustainable and ethical sourcing, innovation in food technology..

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/functional-flour-global-market-report

Segmentation & Regional Insights
The functional flour market covered in this report is segmented –

1) By Type: Speciality Flours, Enzyme Treated, Gluten Free, Extruded And Partially Transformed, Pre-Gelatinized, Pre Cooked Flours
2) By Raw Material: Maize, Rice, Wheat, Other Raw Materials
3) By Application: Non-Food Applications, Bakery Products, Noodles And Pasta, Other Applications

North America was the largest region in the functional flour market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the functional flour market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8261&type=smp

Major Driver Impacting Market Growth
The increase in demand for ready-to-eat products is significantly contributing to the growth of the functional flour market. Ready-to-eat products refer to a group of pre-cleaned, pre-cooked, packaged foods that are ready for consumption without prior cooking. Functional flours help improve health and provide more health benefits than regular flours. The changing lifestyles and increased disposable incomes of the population have shown increased demand for ready-to-eat product types as they help save time and effort. For instance, in August 2022, according to China Daily, a US-based journal website, annual sales of China’s ready meals market are expected to exceed $148 billion in the next six to seven years with an annual growth rate of 20%. Therefore, the rapid growth in ready-to-eat products is driving the functional flour market.

Key Industry Players
Major companies operating in the functional flour market report are Cargill Incorporated, Archer Daniels Midland Company, Bunge Limited, Associated British Foods plc, General Mills Inc., Ingredion Incorporated, Tate & Lyle plc, Döhler GmbH, Kerry Group plc, Sensient Technologies Corporation, AGRANA Beteiligungs-AG, SunOpta Inc., The Scoular Company, The Hain Celestial Group Inc., Parrish and Heimbecker Limited, Diana Food SAS, Olam International Limited, SVZ International BV, Kanegrade Ltd., FruitSmart Inc., Milne Fruit Products, Tree Top Inc., Welch Food Inc., Frutarom Industries Ltd., Givaudan SA, Symrise AG, Firmenich SA, MGP Ingredients Inc.

The functional flour market report table of contents includes:

1. Executive Summary

2. Functional Flour  Market Characteristics

3. Functional Flour  Market Trends And Strategies

4. Functional Flour  Market – Macro Economic Scenario

5. Global Functional Flour  Market Size and Growth

.
.
.

31. Global Functional Flour  Market Competitive Benchmarking

32. Global Functional Flour  Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Functional Flour  Market

34. Functional Flour  Market Future Outlook and Potential Analysis

35. Appendix

Top Major Players:

Cargill Incorporated,

Archer Daniels Midland Company,

Bunge Limited,

Associated British Foods PLC,

General Mills Inc

Explore the trending research reports from TBRC:

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: [email protected]

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model


Spread the love

About Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [[email protected]}

View all posts by Top PR News →