IMARC Group, a leading market research company, has recently releases report titled “Wheat Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global wheat flour market trends share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the wheat flour market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 241.0 Billion |
| Market Forecast in 2028 | US$ 305.8 Billion |
| Growth rate (2023 to 2028) | CAGR of 3.9% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is wheat flour?
Wheat flour is a type of flour made by grinding whole wheat kernels or grains. It is one of the most used flours in the world and is a staple ingredient in many types of bread, baked goods, and pasta. Wheat flour is produced by first removing the outer bran and germ from the wheat kernels, leaving only the starchy endosperm. This endosperm is then grounded into a fine powder to create flour. The degree of grinding and the quality of the wheat used can affect the color, texture, and flavor of the flour. Wheat flour can be classified into several types based on the protein content and how finely it is ground. The most used types are all-purpose flour which is a general-purpose flour with a medium protein content, suitable for a wide range of baking applications, bread flour which is a high-protein flour specifically designed for making bread, with a stronger gluten structure that helps to create a chewy and elastic dough, cake flour which is a low-protein flour that is finely ground, with a lower gluten content that produces a tender and delicate crumb in cakes and pastries, whole wheat flour which is made by grinding the entire wheat kernel, including the bran and germ, and is higher in fiber and nutrients than refined wheat flour. Wheat flour is a rich source of carbohydrates, protein, and dietary fiber, as well as minerals like iron, zinc, and magnesium. However, it is also high in gluten, which can cause digestive issues for some people with gluten intolerance or celiac disease.
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What are the growth prospects and trends in the wheat flour Industry:
The rising health consciousness among consumers represents a key factor driving the market growth across the globe. This, coupled with shifting consumer preference toward healthful product varieties that improve the overall health and wellness is acting as a major growth-inducing factor. In addition to this, whole wheat flour is rich in fiber, vitamins, and minerals, and is associated with a range of health benefits, including improved digestion, lower cholesterol levels, and reduced risk of chronic diseases, which is driving the adoption of wheat flour worldwide. In line with this, the rising trend of clean-label, such as non-GMO and organic bakery products and whole-grain products, are contributing to the growth of the market. Moreover, the rising popularity of whole wheat food commodities, including cookies, bread, cakes, pasta, and noodles is boosting the market growth. The market is also driven by the increasing demand for baked goods. Other factors, such as the easy availability and affordability of the product, rising population, and rapid urbanization, are creating a positive outlook for the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- All-Purpose Flour
- Semolina Flour
- Whole-Wheat Flour
- Fine Wheat Flour
- Bread Flour
- Other
Breakup by End-Use:
- Food Use
- Feed Use
- Bio-Fuel
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
- Specialty Stores
- Online
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Wudeli Flour Mill Group
- Ardent Mills LLC
- Archer Daniels Midland Company
- General Mills
- Allied Pinnacle Pty Limited
- Manildra Milling Pvt Ltd
- Acarsan Flour
- Korfez Flour Mills
- George Weston Foods Limited
- Hodgson Mill, Inc.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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