The Business Research Company recently released a comprehensive report on the Global Organic Flour Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company’s, The organic flour market size has grown strongly in recent years. It will grow from $2.9 billion in 2023 to $3.05 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to expanding organic agriculture practices, consumer demand for organic products, awareness of health benefits, rise in gluten-free and paleo diets, expansion of specialty and health food stores..
The organic flour market size is expected to see strongly grown in the next few years. It will grow to $3.74 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to innovations in organic flour varieties, growing vegan and plant-based diets, investments in organic farming research, expansion of organic bakeries and cafes, focus on locally sourced and small-batch products.. Major trends in the forecast period include online retail, clean label movement, collaborations and partnerships, integration of technology in organic farming, traceability and supply chain transparency..
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Market Drivers and Trends:
Increasing consumption and use of organic flour in food and beverages are expected to propel the growth of the organic flour market going forward. Organic food is a chemical-free food with high health benefits, as a result, people are interested in consuming organic food with no chemicals. Increasing consumer interest in organic food is increasing the consumption and use of organic flour in food as they are a healthier option for consuming food. For instance, in Dec 2021, according to Utah state university, a US-based public research university survey on organic bakery survey data, among 45 bakeries, 37 bakeries currently use organic wheat flour, organic whole wheat bread flour (86%) followed by organic white bread flour (70%), and organic all-purpose flour (49%). Further, the bakeries source organic wheat flour from millers (67%) and distributors, wholesalers, and brokers (64%) and utilize between 1 to 2 suppliers (73%). Therefore, increasing the consumption and use of organic flour in food and beverages drives the organic flour market.
Product innovation is a key trend gaining popularity in the organic flour market. Major companies operating in the organic flour market are focused on developing new products to strengthen their position in the market. For instance, in May 2022, Amul Federation, an India-based food product marketing organization, announced the launch of Amul Organic Atta. The production of Amul Organic Atta is being done at the state of art processing facility. The facility processes a range of Amul products using highly automated and sophisticated gear. Amul Organic Atta is manufactured from wheat that has been certified organic and is devoid of all pesticides. The product undergoes a rigorous process of laboratory testing several times to ensure that it satisfies the Government of India’s organic standards.
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Major Key Players of the Market:
Heartland Mill Inc.; Bob’s Red Mill Natural Foods; Lindley Mills Inc.; Ardent Mills; Daybreak Mill; The Hain Celestial Group Inc.; Sunrise Flour Mill; Sresta Natural Bioproducts Pvt. Ltd.; Yorkshire Organic Millers Limited; Fairhaven Organic Flour Mill; Conagra Brands Inc.; Archer Daniels Midland Co.; General Mills Inc.; Willmar International Limited; Associated British Foods plc.; Hindustan Unilever Limited; ITC Limited; Hayden Flour Mills LLC; Grain Craft Inc.; King Arthur Flour; The Birkett Mills; To Your Health Sprouted Flour; Great River Organic Milling; Arrowhead Mills; Nature’s Path Foods; Shipton Mill; Doves Farm Foods; Eden Foods; La Milanaise; Central Milling Company; Champlain Valley Milling; Farmer Ground Flour; Janie’s Mill; Maine Grains; Palouse Brand; Pleasant Hill Grain; Wild Hive Farm
Organic Flour Market 2024 Key Insights:
•The organic flour market size will grow to $3.74 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.
•Growing Consumer Preference Boosts Organic Flour Consumption In Food And Beverages
•Key Players Launching Innovative Organic Atta To Elevate Offerings In The Flour Market
•Asia-Pacific was the largest region in the organic flour market in 2023
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