Flour MarketOpportunities andForecasts, 2014- 2022Pages: 167Published: 2016
FLOUR MARKETThe rice segment is expected to witness the highest growth during the forecast period, owing to increasing use of rice-based food products and rising demand for rice in regions where people possess relatively low per capita disposable incomes.
Flour Marketreport, published by Allied Market Research, forecasts that the global market is expected to garner $270,895 million by 2022, growing at a CAGR of 4.4% during the period 2016 - 2022.
The wheat segment dominated this market, occupying more than three-fourths of the total share of revenue in 2015.
Rise in health concerns for high-protein flour provides impetus for product innovation in alternatives such as rice flour, maize flour, corn flour, and soya flour.
Owing to the urbanization and modern lifestyle, the demand for flour-based foods has boomed the market.
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FLOUR MARKET OVERVIEW
FLOUR MARKET KEY BENEFITSThe study provides an in-depth analysis of the flour market with key drivers, restraints, and opportunities with impact analysis to elucidate the imminent investment pockets.
Current and future trends are outlined to determine the overall flour market potential and single out profitable trends to gain a stronger foothold.
Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
Quantitative analysis of the current market and future estimations through 2014-2022 are provided to showcase the financial competency of the market.
Key players are profiled and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the global market.
TOP FACTORS IMPACTING GLOBAL FLOUR MARKET
Wet technology segment is anticipated to grow at the fastest rate during the analysis period.
Asia-Pacific is estimated to continue to lead the market, growing at a CAGR of 4.9%, in terms of revenue.
Noodles & pasta occupied for more than two-ninths of the total share of the global flour market in 2015.
Non-food application is estimated to grow at the highest CAGR of 6.5%, in terms of revenue.
Others segment is expected to show a significant growth in the Asia-Pacific region.FLOUR MARKET KEY FINDINGS
TOP WINNING STRATEGIES IN THE FLOUR MARKET (2013-2016)
KEY PLAYERS IN INDUSTRYArdent Mills CanadaArcher Daniels Midland CompanyAssociated British Foods plcConAgra Foods, Inc.General Mills Inc.Hindustan Unilever LimitedHodgson Mill.ITC LimitedKing Arthur Flour Company, Inc.White WingsWillmar International
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BREAKDOWN OF PRIMARY RESPONDENTS
TOP INVESTMENT POCKETS
Currently, bread & bakery products segment has witnessed large-scale adoption of flour, owing to increase in demand for bread. Moreover, rise in government support fuels the need for flour products. Noodles & pasta, wafers, crackers & biscuits, animal feed, and others are other popular segments in the global flour market. The rapid growth of flour in these applications is expected in subsequent years due to rising demand for flour and need for higher quality flour.
FLOUR MARKET SEGMENTATION
FLOUR MARKET BYGEOGRAPHYNorth America
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