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Flour Market- Global Industry Insights, Trends

Flour Market, by Product Type (Wheat Flour, Rice Flour, Oat Flour, Maize, Rye Flour, and Others), by Application (Food, Feed, and Others), and by Technology (Dry Technology and Wet Technology) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

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Flour Market- Global Industry Insights, Trends

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  1. Flour Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017-2025

  2. REPORT DESCRIPTION Flour Market Outlook In 2016, Europe held major share in global flour market and is estimated to uphold its supremacy over the forecast period. Increasing consumption of bakery products and growing demand for different types of flour from restaurants, cafes, and others are expected to accelerate growth of flour market in this region. According to NABIM (National Association of British and Irish Millers), UK flour milling industry’s annual revenue was around US$ 1.73 billion in 2017. According to European Millers Association, around 30% of flour is used by bakeries, followed by 14% biscuit and rusk manufacturers. Increasing demand for flour from bakery and other industries is driving the flour market in North America. According to Government of Canada, total revenue from bread and bakery products in Canada in 2014 was US$ 6.5 billion, which increased to US$ 6.8 billion in 2015. Furthermore, market players are launching new products to cater the growing demand for flour in food industry. For instance, in April 2014, CF Global Holdings (CFG) launched Coffee Flour, an innovative flour derived from coffee cherries. Asia Pacific is a lucrative flour market, owing to significant demand for flour from food industry. According to the National Restaurant Association of India (NRAI), food services industry in India is expected to reach US$ 68.16 billion by 2018. Furthermore, wide availability of raw materials such as grains is propelling growth of flour market in this region.

  3. REPORT DESCRIPTION Flour is a fine powder obtained by milling and sifting starchy food grains such as wheat, rice, corn, rye, and others. Flour is used in the preparation of many food items such as bread, biscuits, cakes, pies, pastries, noodles, pasta, and others. Increasing demand for flour from fast food and processed food industry along with growth in food industry is driving the flour market. For instance, according to India Brand Equity Foundation (IBEF), food processing industry in India is estimated to reach US$ 482 billion over the forecast period. Increasing use of flour in bread and bakery products, and wide availability of raw materials is propelling the growth of flour market. According to Food and Agriculture Organization (FAO), global wheat production in 2015-2016 was 735.2 million tons, which increased to 761.3 million tons in 2016-2017. Furthermore, launch of innovative products such as flours fortified with nutrients is fueling the growth of flour market. For instance, Bay State Milling Company launched HealthSens high fiber wheat flour, which was derived from wheat with high amylose content in June 2017. However, increasing consumption of gluten free products, owing to gluten intolerance and celiac disease along with health benefits of gluten free diet such as weight loss are the factors restraining growth of global flour market. According to Canada Celiac Association, around 22% of Canadians avoided gluten and around 6% of Canadians suffered from gluten sensitivity in 2013. This is increasing the demand for gluten-free flour such as rice flour. Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1425

  4. REPORT DESCRIPTION

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES

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