Flour Market by Raw Material, Application, Technology - Global Opportunity Analysis & Industry Forecast, 2014-2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Flour Market by Raw Material, Application, Technology - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.

Flour Market report, forecasts that the global market is expected to garner $270,895 million by 2022, growing at a CAGR of 4.4% during the period 2016 - 2022. The wheat segment dominated this market, occupying more than three-fourths of the total share of revenue in 2015.

Rise in health concerns for high-protein flour provides impetus for product innovation in alternatives such as rice flour, maize flour, corn flour, and soya flour. Owing to the urbanization and modern lifestyle, the demand for flour-based foods has boomed the market. Expansion of commercial farmlands and growth of aquatic feed industry in Asia-Pacific have raised the application of flour in animal husbandry. Growth in the global population and rise in per capita income are two major drivers of the market. Furthermore, increase in average selling price of flour in most of the countries has positively impacted the growth in the market.

In 2015, the bread & bakery products segment occupied approximately two-fifths of the overall flour market revenue, and is anticipated to maintain its dominance throughout the forecast period. This is due to increase in use of a diverse variety of flours in the production of bread and other bakery products as well as rise in trend of adoption of on-the-go food habits, especially among youngsters worldwide.

Key Findings of Flour Market:

  • Wet technology segment is anticipated to grow at the fastest rate during the analysis period.
  • Asia-Pacific is estimated to continue to lead the market, growing at a CAGR of 4.9%, in terms of revenue.
  • Noodles & pasta occupied for more than two-ninths of the total share of the global flour market in 2015.
  • Non-food application is estimated to grow at the highest CAGR of 6.5%, in terms of revenue.
  • Others segment is expected to show a significant growth in the Asia-Pacific region.

Key Topics Covered:

Chapter: 1 Introduction

Chapter: 2 Executive Summary

Chapter: 3 Market Overview

Chapter: 4 World Flour Market, By Raw Material

Chapter: 5 World Flour Market, By Application

Chapter: 6 World Flour Market, By Technology

Chapter: 7 World Flour Market, By Geography

Chapter: 8 Company Profiles

Companies Mentioned

  • Archer Daniels Midland Company
  • Ardent Mills Canada
  • Associated British Foods plc
  • ConAgra Foods, Inc.
  • General Mills Inc.
  • Hindustan Unilever Limited
  • Hodgson Mill.
  • ITC Limited
  • King Arthur Flour Company, Inc.
  • White Wings
  • Willmar International

For more information about this report visit http://www.researchandmarkets.com/research/rtfkmt/flour_market_by.

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Food Ingredients

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Food Ingredients