Published Date: Mar, 2021 | 168 Pages | Report ID: MRU_116873
Functional Flour Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
116873 | Date :
Feb, 2023 | Pages :
168 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Functional Flour industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Functional Flour by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The functional flours market is directly influenced by the growing processed food industry. The rise in consumption of bakery and R.T.E products in developing economies is driving the market. Busy work schedules demand on-the-go consumption and convenient meals. In addition to this, health and wellness consciousness among consumers, and rise in income levels have boosted sales of functional flours as base ingredients and thickening agents. Food safety legislations and health hazards of gluten (for gluten-sensitive individuals) have helped in educating consumers about the benefits offered by functional flours in food products. In light of the benefits offered by different functional flours, and the increasing demand for bakery and R.T.E. products, governments of various countries are promoting the functional flours industry, assisting the manufacturers and suppliers of this industry.
The Spain Functional Flour industry has a rather high concentration. The major manufacturers are Harinera del Mar, Oromas, Harimsa, Haricaman and Comercial Gallo. At present, Harinera del Mar is the leader, holding 22.45% Sales market share in 2017.
Functional Flour downstream is wide and recently Functional Flour has acquired increasing significance in various fields of Bakery, Soups & Sauces, R.T.E Products and others. The Functional Flour market is mainly driven by growing demand for Bakery. Bakery accounts for nearly 57.33% of total downstream consumption of Functional Flour in Spain.
Functional Flour can be mainly divided into Pre-Cooked Flour and Specialty Flour which Specialty Flour captures about 76.07% of Functional Flour market in 2017.
Spain market is expected to witness significant growth on account of rising applications, so in the next few years, Functional Flour consumption will show a trend of steady growth.
The report forecast global Functional Flour market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Functional Flour market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Functional Flour according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Pre-Cooked Flour
Specialty Flour Market by Application
Bakery
Soups & Sauces
R.T.E Products
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Functional Flour market for the forecast period 2023 - 2030?
• What are the driving forces in the Functional Flour market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Functional Flour industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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