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.
Key Findings of the Study: Functional Flour Market
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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Scope of the Report and Functional Flour Market Segmentation
By Source
-Cereals
-Legumes
- Legumes application accounted for the majority of the market share in the past years & is envisioned to follow a similar trend in the forecast years as well.
By Type
-Specialty Flour
-Pre-Cooked Flours
-Others
By Application
-Bakery
-Soup and Sauces
-Ready to Eat Products
-Others
Top leading companies in the Functional Flour Market includes:
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, Ulrick & Short, General Mills, Inc., Limagrain, Parrish & Heimbecker, Others
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Geographical analysis:
North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
- 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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