Global Flour Market 2023-2027

Global Flour Market 2023-2027

The flour market is forecasted to grow by USD 40,926.8 mn during 2022-2027, accelerating at a CAGR of 4.51% during the forecast period. The report on the flour market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for bakery items, expansion in the retail landscape, and increasing global production of wheat-based items.

Technavio's flour market is segmented as below:

By Type

• Wheat
• Maize/corn
• Rice

By Application

• Bakery products
• Noodles and Pasta
• Biscuits/waffles/wafers
• Animal feed and others

By Geography

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the increasing demand for organic and gluten-free bakery products as one of the prime reasons driving the flour market growth during the next few years. Also, increasing adoption of online distribution channel and rise in consumption of international cuisines will lead to sizable demand in the market.

The report on the flour market covers the following areas:

• Flour market sizing
• Flour market forecast
• Flour market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flour market vendors that include Archer Daniels Midland Co., Ardent Mills LLC, Associated British Foods Plc, Bay State Milling Co., Bunge Ltd., Burapa Prosper Co. Ltd., Cargill Inc., General Mills Inc., GrainCorp Ltd., Hodgson Mill, ITC Ltd., King Arthur Baking Co. Inc., Lieng Tong Rice Vermicilli Co. Ltd., Manildra Flour Mills Pty. Ltd., Parrish and Heimbecker Ltd., PT Sriboga Raturaya, Savage Services Corp., Thai Flour Industry Co. Ltd., Thai Wah Public Co. Ltd., and Wilmar International Ltd. Also, the flour market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.