Global Functional Flour Market is Expected to Reach $120 Billion 2024,

Says 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. 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.

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Growing population, change in lifestyle, and surge in expansion of cafes & fast food
restaurants globally are driving the demand of the functional flour market. Moreover,
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 increased use for additives may hinder the
growth of the market. Furthermore, 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.

The global functional flour market has been segmented based on the raw material, type,
product type, application and geography. By raw material, it is segmented into wheat,
maize, rice and others. By type, the market is segmented into pre-cooked flours,
specialty flours, and fortified flours. Product type can be segmented into conventional
flours and addictive based flours. Furthermore, application is segmented into bakery
products, noodles & pasta, non-food applications and others.

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By geography the market has been bifurcated into North America, Europe, Asia-Pacific
and Rest of the World (RoW). The U.S., Canada and Mexico are covered under North
America wherein Europe covers U.K., Germany, Italy, France, Spain and others. Asia-
Pacific covers China, India, Japan, and others. Rest of the World (RoW) covers South
America, Middle East and Africa.

The key market players of the market are General Mills Inc., Hindustan Unilever
Limited, ITC Limited, Hodgson Mill, Wilmar International Limited, Archer Daniels
Midland Company, Heartland Mills, Inc., King Arthur Flour Company, Inc., Associated
British Foods plc, and ConAgra Foods, Inc. among others.
Scope of Functional Flour Market

Raw Material Segments

Maize
Wheat
Rice
Others

Type Segments

Pre-Cooked Flours
Fortified Flours
Specialty Flours

Product Type Segments

Conventional Flours
Addictive Based Flours

Application Segments

Noodles & Pasta

Bakery Products
Non-Food Applications
Others

Geography Segments

North America
o US
o Canada
o Mexico
Europe
o U.K.
o Germany
o Italy
 o France
o Spain
o Others
Asia-Pacific
o China
o India
o Japan
o Others
RoW
o South America
o Middle East
o Africa

Table Of Content
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: Companys 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 Porters five forces analysis
3.5.1 Factors Impact Analysis
.
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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