Global Flour Market Is Expected To Grow At 2.4% Compound Annual Growth Rate (CAGR), by Revenue, and 1.8% CAGR, by Volume, from 2017 – 2025; Rising Demand of Flour Based Bakery Products is Fuelling the Growth of the Market: Factor & Equilibrium

Flour Market Size Analysis Report: CG-101-102817 | Category: Consumer Goods

Format:pdf file icon excel file icon | No. of Slides: 150 | No. of Figures: 47 | No. of Tables: 32


Flour Market Size Analysis Report - Introduction

Flour Market Size and Revenue Forecast
Flour Market Revenue Forecast (2017-2025)

As per a new market research report published by Factor & Equilibrium (www.factorandequilibrium.com), “Flour Market – Global Industry Insights Market Size, Estimation and Growth Forecast By Raw Material (Wheat, Maize, Rice and Others), By Application (Bakery, Noodles and Pasta, Biscuits, Crackers and Wafers, Animal Feed and Others), & By Regions, 2017-2025” is expected to reach USD 376.15 Billion by 2025 in terms of revenue. In 2016, the market was valued USD 303.50 Billion in terms of revenue. In terms of volume, flour market size was 242,800.0 Kilotonne in 2016 and expected to reach 284,965.7 Kilotonne by 2025.

Browse 32 Data Tables and 47 Figures in the full report at https://www.factorandequilibrium.com/market-report/flour-market-size-analysis

Flour Market Size & CAGR By Geography
Flour Market Size By Geography, 2025 (US $Billions)
 

Market Overview

The flour market size is expected to grow at a stable rate during 2017 to 2025. Flour is a fine powder, which is produced through grinding of cereals, grains, roots, and seeds. Wheat is used as a common raw material for producing flour. Flour produced from cereals is used as major ingredients in bread. Applications of flour include bakery items, fast foods, animal feed, noodles, wafers etc. Growing consumption of bakery and dough products across globally is acting as a major growth driver for the flour market. Furthermore, rising demand for flour-based noodles in Asian countries has created a significant growth opportunity for the flour market.

Rising consumption of flour based bread and bakery products has been boosting the growth of the flour market.

Flour Market Size & Revenue Share (%)
Flour Market Revenue Share By Geography, 2016 Vs 2025
 

Segmentation Overview

Based on raw material, the global flour market has been segmented into wheat, maize, rice, and others. Others include oat and rye flour. As of 2016, in terms of both revenue and volume, wheat (including durum flour) held the largest share in flour market size, accounting for more than 75% and 77% accordingly. Durum flour has major application in pasta production. Wide application of wheat flour based food products and comparatively low price are major reasons behind such large market share of this segment.

In terms of both revenue and volume, wheat was the largest raw material of flour market in 2016.

Based on application, the global flour market has been segmented into bakery, noodles and pasta, biscuits, crackers and wafers, animal feed and others. Others include nonfood applications such as bioplastics, glue, and biomaterials. Roux is also covered under others segment. As of 2016, in terms of both revenue and volume, bakery held the largest share in the market, accounting for more than 35% and 38% accordingly. Rising consumption of bread based fast foods and gluten-free bread flours among consumer are driving the growth of the market. A shift in consumer taste towards flour-based bakery & confectionery products in Asian countries is also identified as long term growth driver for the flour market.

In terms of revenue and volume, the bakery was the largest application of flour market in 2016.

Inquiry before Buying: https://www.factorandequilibrium.com/inquire-before-buy

 

Regional Overview

By region, the global flour market has been segmented into five regions; North America, Europe, Asia Pacific (APAC), Middle-East & Africa (MEA), and Latin America. In 2016, Europe occupied the largest revenue share of the flour market, accounting for more than 25%. The large market share can be attributed to high consumption flour-based food products among consumers, lack of availability of alternatives and wide availability of bakery products.

Europe occupied the largest revenue share of the flour market.
 

Leading Player Mapping

Some major players in the market are: Archer Daniels Midland Company (The U.S.), Associated British Foods plc (The U.K), General Mills, Inc. (The U.S.), ConAgra Foods, Inc. (The U.S.), King Arthur Flour Company, Inc. (The U.S.), Unilever (The U.K), ITC Limited (India), Hodgson Mill (The U.S.), Cargill, Inc. (The U.S.) and Bunge Limited (The U.S.) among others.

Browse Related Upcoming Reports: https://www.factorandequilibrium.com/market-research/consumer-goods-market
 
The market has been segmented as follows:
Flour Market, by Raw Material

  • Wheat
  • Maize
  • Rice
  • Others

Flour Market, by Application

  • Bakery
  • Noodles and Pasta
  • Biscuits, Crackers, and Wafers
  • Animal Feed
  • Others

Flour Market, by Region:

  • North America (The U.S. and Canada)
  • Europe (The U.K, Germany, Italy, Scandinavia + CIS and Rest of the Europe)
  • Asia Pacific (China, Japan, India, ASEAN and Rest of the Asia Pacific)
  • Middle-East & Africa (MEA) (Egypt, United Arab Emirates, South Africa and Rest of the MEA)
  • Latin America (Brazil, Mexico, Argentina and Rest of the Latin America)

 
About Factor & Equilibrium

Factor & Equilibrium is a leading market research and strategy consulting firm. We specialize in helping clients to identify market trends, business opportunities and develop growth strategies. Factor & Equilibrium has engagement model to identify requirements of clients efficiently. We offer premium research studies across different industry verticals including chemicals and materials, semiconductors & electronics, healthcare, and food & beverages.

We work as market research and consulting partner for government agencies, companies and research institutes have a presence across different countries globally. We are knowledge partner of leading players operating in different industries such as chemicals and materials, semiconductors & electronics, healthcare and food & beverages.

 
Contact

Arupratan Chattopadhyay
Marketing Manager
Factor & Equilibrium
New York City, NY

Email: sales@factorandequilibrium.com
Website: www.factorandequilibrium.com

Get Free Samples for Market Research Reports.
The privacy and security of your shared information are very important to us. Our website is secure and your personal details are safe.

This website is secure and safe. Read our Privacy Policy.

Ask for Customization for Market Research Reports.
The privacy and security of your shared information are very important to us. Our website is secure and your personal details are safe.

This website is secure and safe. Read our Privacy Policy.