Functional Flour Industry Forecast, Share, Size, Opportunities, Growth Forecast- Global Industry Outlook


Functional Flour Industry Forecast, Share, Size, Opportunities, Growth Forecast- Global Industry Outlook

Functional Flour Market – Overview

Due to the health benefits associated with functional flour consumption, the market is growing at an incremental pace globally. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Functional Flour Market Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.

Functional flour usually refers to flour which have been hydro-thermally treated. Functional Flours Industry Forecast is prepared after combining various grain and non-grain ingredients which helps to boost the level of nutrition. The blend of multiple ingredients also helps in lowering the level of gluten and increase sensory appeal. The gluten-free flour helps in improving the quality of products due to its modified properties. Owing to rising consciousness on adverse effects of gluten, the demand for functional flour is expected to accelerate significantly. Also, the modification of functional flour is commonly related to solubility parameters and viscosity profile. Therefore, enhanced nutrient quality coupled with low-gluten content has augmented the demand of the product. Furthermore, with the growing inclination of consumers towards more natural and healthy food, the demand for clean-label functional flour is increasing significantly. And, manufacturers are capitalizing on the opportunity by introducing innovative line of multi-functional clean label flours in the market.

Moreover, functional flour is used in various applications such as bakery items, snacks, culinary products and there is a growing demand from processed food industry which has further accelerated the demand for functional flours. Owing to effective promotional strategy, it is expected that the market will grow at an incremental pace during the forecast period. The key players are also offering customization options to attract consumers’ attention. However, stringent government rules and regulations for various health claims and high cost of raw materials acts as a hindrance for the market growth.

Latest Industry Updates

Sep 2017: Ingredion launched multi-functional rice flours, Homecraft Create 835 and 865 to enhance its product portfolio. The new product can be used for soups and sauces as well.

Aug 2016 Ingredion Incorporated has entered into an agreement to acquire the rice starch and rice flour business from Sun Flour Industry Company Ltd based in Thailand. The acquisition is in line with Ingredion’s global strategy to increase its higher-value specialty ingredients business.

Global Functional Flour Market - Competitive Analysis

Global functional flour market is progressively working on technological innovations over the recent years. Manufacturers are investing heavily in R&D activities to improve existing products and procedures to develop new products. R&D will lead to the development of new products by improving its functionality through better formulations. Key industrial players have been developing nutritive products to accommodate the healthy food movement, with clean labels ensuring food safety.

The key players profiled in Functional Flour are Cargill, Archer Daniels Midland Company, Bunge Limited, Associated British Foods PLC, General Mills, Inc., The Scoular Company, Ingredion Inc, Agrana Beteiligungs-AG, The Hain Celestial Group Inc., Sunopta, Inc, and Parrish & Heimbecker Limited among many others.

Global Functional Flour Market – Segments

The Global Functional Flour Market has been divided into source, claim, distribution channel, and region.

On The Basis Of Source: Wheat, Corn, Rice, Rye, Peanut, Sprouted Grains, Tapioca, and Others

On The Basis Of Claim: Gluten-free, Organic, Pre-gelatinized, and Others

On The Basis Of Distribution Channel: Store based, and Non-store based

On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.

Global Functional Flour Market - Regional Analysis

The Global Functional Flour Market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global functional flour market is highly dominated by North America and Europe as the product is highly consumed in the region. APAC is fastest growing region due to changing lifestyle and improved disposable income in that region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Keywords: functional flour industry forecast


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