Published on : Apr 19, 2018
Albany, New York, April 19, 2018: There are various types of flour available in the markets which are manufactured by some of the most leading brands in the country. Recently, a new study has been compiled which reveals that rising health concerns among people and increasing need for gluten-free diets are assisting the demand for commercial flour. Market Research Hub (MRH) has broadcasted this study to its wide repository, which is titled as “Commercial Flour Market - Global Industry Analysis and Opportunity Assessment, 2017-2025”. The study offers comprehensive insights from the market with a prime attention on key regions. The main motive of the study is to provide an in-depth analysis of the market trends, factors in the current market along with industry growth prospects from 2013 to 2017, and forecast to 2025.
As rice and corn flour are naturally gluten-free products, consumers across the world are expected to sustain consumption of these two products in coming years. Increasing sensitiveness for gluten-free flour, such as white rice flour and corn flour, are driving the market for commercial flour. As per the analyst projections, revenue generated from the global commercial flour market valuated at US$ 44,008.3 Mn in 2017, which is expected to reach a value of US$ 52,518.6 Mn by the end of 2025. Expanding at this pace, the global commercial flour market is expected to register a CAGR of 2.2% during the forecast period.
Rising demand for convenience foods, innovation in packaging, and food preferences of expanding young population are also expected to provide traction to market growth in near future. In this study, the analysts found that baked products and snacks such as cakes, pizzas, pastries, cookies, and other products are gaining popularity among children and the younger generation, which is likely to create further growth opportunities for flour manufacturers. This, as a result, will lead to a rise in commercial flour utilization in different regions.
Geographical and Segmental Overview
Another important section of the report offers brief segmental analysis of the global commercial flour market which helps readers to grasp information on its regional expansion, demand from end-user and its usage. The market has been segmented on the basis of type, source, end-use and geography. Regions highlighted in the study include North America, Middle East and Africa, Asia-Pacific, Latin America and Europe.
The research states that by type, the wheat flour segment is likely to be the most attractive segment in the forecast period. On the basis of source type, the commercial flour market can be segmented into organic and conventional type. Further, the analyst predicts that, in terms of value, APAC and Europe are likely to account for a collective value share of 68.6% by the end of 2025.
At last, major players in the global Commercial Flour market are briefly studied. Some of them are Cargill Inc., ARDENT MILLS LLC, The Mennel Milling Company, ConAgra Foods, Inc., General Mills, Inc., Riviana Foods Inc, King Arthur Commercial Flour Company, Inc, Bunge Limited, Archer Daniels Midland Company, Bob's Red Mill Natural Foods, Inc., Bartlett and Company, Ingredion Incorporated, Grain Craft, Inc, Miller Milling Company, The White Lily Foods Company, and North Dakota Mill.
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