Global Flour Market Is Expected To Grow At 2.4% CAGR, by Revenue, and 1.8% CAGR, by Volume, 2017 – 2025
The Flour Market report offers a complete analysis and forecast of the market on global and regional level. The analysis of the market dynamics including major driving factors and restraints, pricing signals, demand, competitive landscape, opportunities in the emerging segments is depicted in this research report. The report projects market size and share, current trends along with profiles of the leading companies operating in the global market. Flour is powdered base materials used for the production of different bakery products, confectionery items, wafers, noodles and animal feed among other. Wheat, rice, maize, and rye are primarily being used as raw material for the production of flour. The flour market has been segmented on the basis of raw material, application, and region. It also provides a cross-sectional study of the global market across broad regional segments such as North America, Europe, Asia-Pacific (APAC), Middle-East & Africa (MEA) and Latin America under its scope. The market is primarily being driven by the rising demand of flour-based bakery products among consumers of different age group and growing consumption flour-based noodles and pasta in Asian countries. In addition, growth in animal feed application of flour is also driving the growth of the market.Flour Market revenue is estimated to attain US $376.15 Billion by 2025 from US $303.50 Billion in 2016, at a CAGR of 2.4% Click To Tweet
The scope of the Report
A comprehensive analysis of market dynamics, which include the market drivers, restraints, and opportunities, is included under the scope of the report. Market dynamics for the different segments, namely raw material and application, have been covered separately, under the purview of the report. Additionally, the country level trend for each region has also been covered under the scope of the report. Thus, this report provides an exhaustive study of the global market and also provides the forecast of the flour market for the period from 2017 – 2025.
Analysis Covered in the Report
Under the scope of the report on global flour market, several high-level analyses have been covered. This includes the product-market trend analysis, product lifecycle analysis, Porter’s five forces analysis and market attractiveness analysis. Key trends analysis discusses the current and upcoming trends of this market. Product lifecycle analysis analyzes the current lifecycle stage of the product in the five wide geographic regions, such as whether the product is approaching maturity in a region or whether it is a new entrant etc. Porter’s five forces analysis provides insights on the competitive scenario, with regards to new entrants, substitutes, buyers, and suppliers. For providing a detailed insight into the global market, the market attractive analysis has been provided in the report. Market attractiveness analysis details the investment attractiveness, by each raw material, application, and geography.
The Competitive Profiling
The competitive profiling of the key players in the global flour market and their business segments have been exhaustively covered under the purview of the study. Moreover, the specific business strategies of key players in the market have also been covered in the report.
Some Major Players in the Flour Market
Some major players in the market are:
- Archer Daniels Midland Company (The U.S.), General Mills, Inc. (The U.S.), ConAgra Foods, Inc. (The U.S.), King Arthur Flour Company, Inc. (The U.S.), Hodgson Mill (The U.S.), Cargill, Inc. (The U.S.) and Bunge Limited (The U.S.)
- Unilever (The U.K), Associated British Foods plc (The U.K) and
- ITC Limited (India) among others.
The market has been segmented as follows:
Flour Market, by Raw Material
Flour Market, by Application
- Noodles and Pasta
- Biscuits, Crackers, and Wafers
- Animal Feed
Flour Market, by Region
- North America
- The U.S.
- The U.K
- Scandinavia + CIS
- Rest of the Europe
- Asia Pacific
- Rest of the Asia Pacific
- Middle-East & Africa (MEA)
- The United Arab Emirates
- South Africa
- Rest of the MEA
- Latin America
- Rest of the Latin America
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