Global Functional Flour Market Forecast 2024-2030: Growth at 7.8% CAGR Expected

Global Functional Flour Market Overview: 2024-2030

Base Year: 2023

Historical Years:  2019-22

Forecast Years: 2024-2030

The Global 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.

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Global Functional Flour Market Dynamics: 2024-2030

Global Functional Flour Market Drivers:

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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Global Functional Flour Market (2024-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Source

-Cereals- Market Size & Forecast 2019-2030, (Thousand Tons)

-Legumes- Market Size & Forecast 2019-2030, (Thousand Tons)

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)

Specialty flour captures the potential share of the Global Functional Flour Market. It is utilized in the bakery on a large scale & is used to make bread,

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)

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

North America is anticipated to be the dominant region globally, with a substantial amount of Global Functional Flour Market’s share. 

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Top Companies Operating in the Global Functional Flour Market:

-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.

Industry Recent Development:

• July 2021: Ulrick & Short introduced functional flour. It focused on enhancing the viscosity, texture & structure of gluten-free bakery products.

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