Functional Flour Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
25130 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
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 Global Functional Flour Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Functional Flour Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Harinera del Mar
Oromas
Harimsa
Haricaman
Comercial Gallo
Unilever (MAIZENA)
Harinera Vilafranquina
Ebro Foods (Santa Rita Harinas)
Ingredion
Limagrain
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Pre-Cooked Flour
Specialty Flour In Market segmentation by applications :
Bakery
Soups & Sauces
R.T.E Products
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
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? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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