Press release
Consumption Of Non-GMO Flour Across The World Is Predicted To Increase At A CAGR Of 3.2% By 2032
The global non-GMO flour market has reached a size of US$ 64.25 billion and is anticipated to increase to US$ 88.46 billion by the end of 2032. Consumption of non-GMO flour across the world is predicted to increase at a CAGR of 3.2% between 2022 and 2032.Increasing popularity of organic products across the world is anticipated to drive demand for non-GMO ingredients such as non-GMO salt, non-GMO rice, non-GMO corn flour, and other non-GMO products over the coming years.
Rising consumer preference for organic products, rising demand for non-GMO ingredients from the millennial population, the growing popularity of plant-based and vegan foods, and increasing focus on fitness are other crucial factors that could potentially drive non-GMO flour demand through 2032.
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Key Segments Covered in Non-GMO Flour Industry Research
Non-GMO Flour Market by Source :
Wheat
Rice
Maize
Barley
Others
Non-GMO Flour Market by Application :
Bakery Products & Confectionery
Pasta & Noodles
Non-Food Applications
Others
Non-GMO Flour Market by Region :
North America
Latin America
Europe
APAC
MEA
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Competitive Landscape
Non-GMO flour brands are focusing on launching new products to meet increasing demand as consumers demand organic products. Non-GMO flour manufacturers are also focusing on mergers and acquisitions to increase their overall market presence.
In February 2022, Benson Hill, a soybean processing company, announced the launch of a new line of non-GMO ingredients with high protein content. The TruVail line of ingredients also features a high-protein non-GMO soy flour.
In May 2022, Tate & Lyle, a global ingredients manufacturer, announced the acquisition of Nutriati, an ingredient technology company focused on developing plant-based ingredients. Nutriati uses a protein extraction process that has a lower environmental footprint than others for chickpeas. Tate & Lyle has forayed into the plant-based protein market through this acquisition.
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After reading the In Non-GMO Flour Market Report, readers can:
Understand the drivers, restraints, opportunities and trends affecting the growth of the global Non-GMO Flour Market.
Analyze key regions holding significant share of the total Non-GMO Flour Market revenue.
Study the growth outlook of the global market scenario, including production, consumption, history and forecast.
Learn consumption pattern and impact of each end use on the market growth.
Investigate the recent R&D projects performed by each Non-GMO Flour Market player
Report Benefits & Key Questions Answered
Non-GMO Flour Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
Non-GMO Flour Market Historical volume analysis: The report provides a comparison of Non-GMO Flour Market historical sales and projected sales performance for 2021-2031.
Non-GMO Flour Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Non-GMO Flour Market It carefully gauges the impact of changing healthcare needs of key demographics globally
Non-GMO Flour Market Consumption by demographics: The report investigates consumer behavior affecting Non-GMO Flour Market demand outlook for the assessment period. Effect of their keenness for digital trends on Non-GMO Flour Market is carefully analyzed
How Fact.MR Assists in Making Strategic Moves?
The data provided in the In Non-GMO Flour Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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