Functional Flour Market on Track for 7.8% CAGR Growth | Demand & Technological Trends

MarkNtel Advisors recently published a detailed industry analysis of the Global Functional Flour Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Functional Flour Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Functional Flour Market****  size was valued at USD 62.5 billion in 2022 & is estimated to grow at a CAGR of around 7.8% during the forecast period, i.e., 2024-30.

Key Findings in Global Functional Flour Market:

• Historical Analysis: 2019–2022
• Base Year: 2023
• Forecast Period: 2024–2030

Leading Market Players- Archer Daniels Midland (ADM), Bunge Limited, Associated British Foods, Cargill Incorporated, Ingredion Incorporated, The Scoular Company, Hain Celestial Group, Sunopta Inc., GEMEF Industries, The Caremoli Group, Ulrick & Short, General Mills, Inc., Limagrain, Parrish & Heimbecker, Others

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Global Functional Flour Market?

Surging Need for Nutritional Food Products & Changing Lifestyle of the Individuals – The market is expanding as a result of escalating interest in health & wellness as well as higher consumption of foods that promote good health. To keep healthy & active, individuals all over the world are turning towards diets rich in grains, lentils, grains, cereals, and other nutritional foods. In most of the region there is a prevalence of several diseases due to the unhealthy eating habits. Thus, the individuals are preferring to included foods that contains functional ingredients to reduce the risk of several health concerns like, obesity, diabetes, weight management, etc., which is influencing the demand for functional flours in the market.

Additionally, consumers suffering from gluten-intolerance, wheat allergies, celiac disease, and others are also adopting functional flour-based food products in their diet as these flours are gluten-free, have low-fat, and contains more protein & fiber. This, in turn, is upscaling the growth of the Global Functional Flour Market.

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What segments define the Global Functional Flour Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

By Source

• Cereals- Market Size & Forecast 2019-2030, (Thousand Tons)
• Legumes- Market Size & Forecast 2019-2030, (Thousand Tons)

According to report, Legumes application accounted for the majority of the market share in the past years & is envisioned to follow a similar trend in the forecast years as well.

By Type

• Specialty Flour- Market Size & Forecast 2019-2030, (Thousand Tons)
• Pre-Cooked Flours- Market Size & Forecast 2019-2030, (Thousand Tons)
• Others- Market Size & Forecast 2019-2030, (Thousand Tons)

According to report, Specialty flour captures the potential share of the Global Functional Flour Market.

By Application

• Bakery - Market Size & Forecast 2019-2030, (Thousand Tons)
• Soup and Sauces- Market Size & Forecast 2019-2030, (Thousand Tons)
• Ready to Eat Products - Market Size & Forecast 2019-2030, (Thousand Tons)
• Others- Market Size & Forecast 2019-2030, (Thousand Tons)

Explore the Complete Global Functional Flour Market Analysis Report – https://www.marknteladvisors.com/research-library/functional-flour-market.html

Geographical Analysis: Global Functional Flour Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Global Functional Flour Market Recent Development:

•  July 2021: Ulrick & Short introduced functional flour. It focused on enhancing the viscosity, texture & structure of gluten-free bakery products.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global Functional Flour Market?
• How is the Global Functional Flour Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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