Press Release
Global Functional Flour Market is Expected to Reach $120 Billion 2024, Says Variant Market Research
 Published Date:  May 2017  Publish By: Variant Market Research

Global Functional Flour Market Report, published by Variant Market Research, forecast that the global market is expected to reach $120 billion by 2024 from $72billion in 2016; growing at a CAGR of 6.6% from 2016 to 2024. By geography, Asia Pacific and North America are expected to grow at a CAGR of 8.2% and 6.4%, respectively, during the forecast period.

"Functional Flour Market (By Raw Material:Maize, Wheat, Rice and Others; By Type: Pre-Cooked Flours,Fortified FloursandSpecialty Flours; By Product Type: Conventional Flours and Addictive Based Flours;By Application: Noodles & Pasta, Bakery Products, Non-Food Applications and Others; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at: https://www.variantmarketresearch.com/report-categories/food-beverages/functional-flour-market

Increasing expansion of cafes & fast food restaurants globally, rising population, and change in lifestyle are the major drivers of functional flour market. Additionally, expansion of commercial farmlands owing to the rising export opportunities and high demand for gluten-free flour globally fuel the growth of the market. However, unfavorable conditions at warehouses and increasing usage of additives may hinder the growth of the market. Moreover, gluten-free alternatives such as brown rice flour, and corn flour, among others and growing aquatic feed industry would provide growth opportunities in the upcoming years.

Raw material, type, product type, and application are the key segments of the functional flour market. By raw material, the market is further segmented into wheat, maize, rice and others. Wheat accounted for the largest market share in 2016, whereas maize is likely to dominate the market with highest CAGR during the forecast period 2016-2024. Moreover, by type, the market is segmented into pre-cooked flours, specialty flours and fortified flours. By application, the market is further segmented into bakery products, noodles & pasta, non-food applications and others. Bakery products dominated the applications segment accounting for42.9% in 2016.

Geographically, the global functional flour market is categorized into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America accounted for the largest market share of 33.1% in 2016, owing to the remarkable surge in per capita consumption in the recent years, demand for retain packed bread &whole grain pastas and popularity of gluten-free diet. Asia Pacific accounted for the second largest market share of 29.6%and is likely to continue its dominance during the forecast period 2016-2024, owing to the increasing fast food chains, growing population, increase in consumer expenditure, changing lifestyles and increasing demand for gluten-free flours.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Value Chain Analysis
    3.4 Market Dynamics
          3.4.1 Drivers
                   3.4.1.1 Impact Analysis
          3.4.2 Restraints
                   3.4.2.1 Impact Analysis
          3.4.3 Opportunities
    3.5 Porter’s five forces analysis
          3.5.1 Factors Impact Analysis
Chapter 4 Functional Flour Market by Raw Material: Market Size and Forecast, 2015 – 2024
    4.1 Maize
          4.1.1 Current Trend and Analysis
          4.1.2 Market Size and Forecast
    4.2 Wheat
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Rice
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Others
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
Chapter 5 Functional Flour Market by Type: Market Size and Forecast, 2015 – 2024
    5.1 Pre-Cooked Flours
          5.1.1 Current Trend and Analysis
          5.1.2 Market Size and Forecast
    5.2 Fortified Flours
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 Specialty Flours
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
Chapter 6 Functional Flour Market by Product Type: Market Size and Forecast, 2015 – 2024
    6.1 Conventional Flours
          6.1.1 Current Trend and Analysis
          6.1.2 Market Size and Forecast
    6.2 Addictive Based Flours
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
Chapter 7. Functional Flour Market by Application: Market Size and Forecast, 2015 – 2024
    7.1 Noodles & Pastas
          7.1.1 Current Trend and Analysis
          7.1.2 Market Size and Forecast
    7.2 Bakery Products
          7.2.1 Current Trend and Analysis
          7.2.2 Market Size and Forecast
    7.3 Non-Food Applications
          7.3.1 Current Trend and Analysis
          7.3.2 Market Size and Forecast
    7.4 Others
          7.4.1 Current Trend and Analysis
          7.4.2 Market Size and Forecast
Chapter 8. Functional Flour Market by Geography: Market Size and Forecast, 2015 – 2024
    8.1 North America
          8.1.1 Current Trend and Analysis
          8.1.2 Market Size and Forecast
          8.1.3 US
          8.1.4 Canada
          8.1.5 Mexico
    8.2 Europe
          8.2.1 Current Trend and Analysis
          8.2.2 Market Size and Forecast
          8.2.3 Germany
          8.2.4 France
          8.2.5 United Kingdom
          8.2.6 Spain
          8.2.7 Italy
          8.2.8 Others
    8.3 Asia-Pacific
          8.3.1 Current Trend and Analysis
          8.3.2 Market Size and Forecast
          8.3.3 China
          8.3.4 India
          8.3.5 Japan
          8.3.7 Others
    8.4 RoW
          8.4.1 Current Trend and Analysis
          8.4.2 Market Size and Forecast
          8.4.3 Middle East
          8.4.4 South America
          8.4.5 Africa
Chapter 9 Company Profiles
    9.1 General Mills Inc.
    9.2 Hindustan Unilever Limited
    9.3 ITC Limited
    9.4 Hodgson Mill
    9.5 Wilmar International Limited
    9.6 Archer Daniels Midland Company
    9.7 Heartland Mills, Inc.
    9.8 King Arthur Flour Company, Inc.
    9.9 Associated British Foods plc
    9.10 ConAgra Foods, Inc.

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