Global Functional Flour Market Size, Shares, Growth, Segments, Industry Analysis & Outlook 2018-2024

The Functional Flour Market’s segment market shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates. Each segment represented visually with supporting reasons to justify the growth rates. IGR’s report also covers drivers and restraints in the functional flour market.

Infinium Global Research’s report covers the annual growth of the Global functional flour market. It also includes chapters on the Global functional flour industry trends, geographic analysis, and competitive landscape.

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The report also includes a SWOT analysis to present the indicators of strength, weakness, prospects, and risk of the market until the completion of the projection period in 2024.

Functional Flours Market: Industry Insights

Functional flours are hydro-thermally treated specialty flours. It is also known as Heat Treated flour. The functional flours are manufactured to enhance nutrient qualities with health-related benefits. Functional flours are made from genetically modified and other types of grains such as wheat, rice, maize contain less gluten than the conventional wheat flours. This product has a variety of applications in the food and beverages industry.

Functional Flours Market: Drivers and Restraints

Functional flour improves health and provides higher health benefits than that of regular flours. The quantity of gluten is more is regular flours than functional flour and gluten intolerance refers to celiac disease and wheat allergy. Going gluten-free is the biggest health trend which fueling the growth of functional flour market. Awareness regarding personal health is rising among consumers who drive the market. Due to better nutritional advantages, the demand for functional flour is increasing in food, bakery and beverages industries. The high cost of raw material hampers the growth of functional flour market. Strict government regulations also hamper the growth of the market.

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Functional Flours Market: Segmentation

On the basis of raw material, the market is segmented into wheat, rice, maize, soy, and others. The growth of wheat flour is more than other raw materials. On the basis of product, the market is segmented into additive based flour, conventional flour, and genetically modified flour. The demand for conventional flour is increasing. Consumer concern regarding the effect of genetic modification on human health is increased. On the basis of type, the sub-markets include fortified flour, pre-cooked flour, and specialty flour. Fortified flours are fortified with specific vitamins and nutritional elements. Specialty flours are prepared by mixing of four to five different seeds as per requirement. On the basis of applications, the sub-markets include noodles and pasta, bakery products, ready to eat products, and soups and sauces.

Functional Flours Market: Regional Insights

North America and Europe are the largest markets for functional flour market. Consumption of functional flour is more in North America. The demand for bakery products, pasta and noodles are more in this region. In the Asia-Pacific region, the demand for ready to eat convenience food is rapidly increasing in China, Japan, and India. Awareness of health benefits in developing economies is increasing which leads to an increase in the consumption of functional flour.

Functional Flours Market: Competitive Analysis

Some of the industry participants of the global functional flours market are ITC Limited, Parrish and Heimbecker, Limited, The Hain Celestial Group, Inc., Associated British Foods Plc, Archer Daniels Midland Company, ConAgra Foods, Inc., General Mills Inc., SunOpta, Inc., The Scoular Company, and Cargill Incorporated among the others.

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