Global Wheat Flour Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global wheat flour market in its upcoming report titled, “Global Wheat Flour Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global wheat flour market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global wheat flour market report has been segmented on the basis of product type, end user, application, distribution channel and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Wheat flour is derived from wheat grains by grinding process. Wheat flour is available in two forms: high gluten content and low gluten content. Wheat flour with high gluten content is called as hard or strong type, while the one with low gluten content is called as soft or weak type. Hard gluten flour is used for baking purposes while soft flour is used for baking cakes. Wheat flour offers various health benefits such as nourishment, skin protection, and energy to the individuals. In addition, regular consumption of wheat flour has many health benefits such as it reduces risk of heart diseases, helps diabetes, improves whole system, prevents many types of cancer, and many more.
Growing health awareness among individuals globally is a major factor driving growth of the global wheat flour market. Wheat flour contains high fiber, vitamin E, vitamin B, minerals, and catalytic elements which increases its demand among end-users. Increasing preference towards healthy lifestyle as wheat flour helps to regulate blood sugar levels and reduce cholesterol is another factor fueling growth of the target market.
However, shorter shell life of wheat flour and lack of good storage facilities for wheat flour are factors expected to hamper growth of the global wheat flour market.
The market in Asia Pacific accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing to consumption of what flour in everyday meal and large amount of local wheat production in the region. India and China are the top two wheat producing countries in the world. The market in Europe is expected to account for second-highest share in the market in terms of revenue over the forecast period, owing to increasing use of wheat flour for bakery products, pasta, noodles in the region. The market in North America is expected to show a moderate growth.
Global Wheat Flour Market Segmentation:
Segmentation by product type:
- All-purpose flour
- Cake flour
- Pastry flour
- Bread flour
- Others (Durum flour, Instant flour, etc.)
Segmentation by end user:
- Food service
- Food manufacturers
Segmentation by application:
- Bakery products
- Others (Pizza crust, pancakes, etc.)
Segmentation by distribution channel:
- Hypermarkets and Supermarkets
- Retail stores
- Online stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Archer-Daniels-Midland Company
- Cargill Inc.
- General Mills, Inc.
- Ardent Mills Corporate
- Conagra Brands, Inc.
- Bunge Milling, Inc.
- King Arthur Flour Company, Inc.
- M. Smucker Company
- Bob's Red Mill Natural Foods, Inc.
- ITC Limited
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