The specialty flours market size is expected to see rapid growth in the next few years. It will grow to $17.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to functional flour trends, plant-based diets and veganism, adoption of ancient grains, custom blends and mixes, investments in sustainable sourcing, focus on gut health.. Major trends in the forecast period include innovation in gluten-modified flours, online retail channel growth, cleanand non-gmo trends, focus on sustainable and ethical sourcing, advancements in milling technology, health and wellness messaging.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/specialty-malt-global-market-report
Segmentation & Regional Insights
The specialty flours market covered in this report is segmented –
1) By Nature: Organic, Conventional
2) By Distribution channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail, Other Distribution Channel
3) By Application: Bakery Products, Noodles and Pasta, Animal Feed and Pet Food, Meat Products, Snacks and Savory Products, Tortillas, Soups and Sauces, Others
North America was the largest region in the specialty flours market in 2023. The regions covered in the specialty flours 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=9027&type=smp
Major Driver Impacting Market Growth
Growing demand for premium foods is expected to propel the growth of the specialty flours market. Premium foods are food products that are of high quality and priced high. Premium foods such as specialty flour are in high demand because they provide benefits such as aroma, texture, and even shape, are complete and balanced, contain all the nutrients a pet needs in the right proportions, and are highly digestible. For instance, in May 2021, according to IRI, a US-based company engaged in software, the shift to premium ingredients in 2020 was most visible in the spices and seasoning segment, which saw an 11.4% increase in premiumization in 2020 compared to the previous year. IRI discovered that 11.8% of start-up households, who tend to be younger and have lower incomes, spent more money on premium or specialty food items to prepare restaurant-style meals at home, compared to 5.2% of total respondents. Therefore, the growing demand for premium foods is expected to propel the growth of the specialty flours market over the coming years.
Key Industry Players
Major companies operating in the specialty flours market report are Cargill Inc., King Arthur Flour Company Inc., Giusto’s Specialty Foods LLC, Swiss Bake Ingredients Private Limited, General Mills Inc., Lindley Mills Inc., MAURI, Bob’s Red Mill, The Scoular Company, AGRANA Beteiligungs-AG, Archer-Daniels-Midland Company, Natural Foods and Rogers Food Limited, Conagra Brands Inc., Capricorn Food Products India Limited, Alfa Laval AB, Capuzzo SRL, Freudenberg Group, Saraf Foods Limited, Bunge Limited, Associated British Foods plc, The Hain Celestial Group Inc., SunOpta Inc., Parrish and Heimbecker Limited, Rogers Foods Limited, The Caremoli Group, Unicorn Grain Specialties B.V., ITW Food Equipment Group, ITC Limited, Ingredion Incorporated, CerealVeneta S.r.l.
The specialty flours market report table of contents includes:
1. Executive Summary
2. Specialty Malt Market Characteristics
3. Specialty Malt Market Trends And Strategies
4. Specialty Malt Market – Macro Economic Scenario
5. Global Specialty Malt Market Size and Growth
……………….
31. Global Specialty Malt Market Competitive Benchmarking
32. Global Specialty Malt Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Specialty Malt Market
34. Specialty Malt Market Future Outlook and Potential Analysis
35. Appendix
Explore the trending research reports from TBRC:
https://goodprnews.com/precision-gearbox-machinery-global-market-size/
https://goodprnews.com/protein-engineering-global-market-size/
https://goodprnews.com/renewable-chemicals-global-market-size/
https://topprnews.com/precision-gearbox-machinery-global-market-share/
https://topprnews.com/protein-engineering-global-market-share/
https://topprnews.com/renewable-chemicals-global-market-share/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedi.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
Overview and Scope Information technology (IT) Infrastructure Services refer to a comprehensive set of offerings…
Overview and Scope A housekeeping platform refers to an online service or software platform that…
Overview and Scope E-scooter sharing refers to a transportation service where electric scooters are made…
Overview and Scope Enterprise storage refers to the infrastructure and technology used by businesses to…
Overview and Scope English language training (ELT) refers to the activity and industry of teaching…
Overview and Scope Endpoint detection and response (EDR) refers to a cybersecurity technology that focuses…