Functional Flours Market Worth to Outgrow by USD 103.6 BN By 2027
Posted On April 15, 2021
According to the research report by Value Market Research, the Global Functional Flours Market is likely to grow to USD 103.6 BN by 2027 with a CAGR of 7.5% during the year 2021-2027. Increased adoption of healthy diets and consumers' willingness to pay more for healthy functional foods and ingredients are the primary drivers for the functional flours market. Growing demand for baked goods, high disposable income, and evolving dietary preferences will benefit the market's growth. Using multiple functional flour varieties, like rye flour, soy flour, and oat flour, over the conventional variants becoming a recent trend, will positively impact market growth. The rising preference for gluten-free or low-gluten foods will fuel further investments in the market. Rising awareness regarding personal health and functional flours' health benefits over conventional alternatives will boost the market growth. The volatility in prices of grains and the decline in the demand for store-bought flours due to health issues are a few market restraints.
Functional flours are types of flours that are hydrothermally treated to offer health benefits that are beyond their nutritional value. They contain supplements or other additional ingredients designed to improve health. These flours are made from rice, maize, wheat, tapioca, pulses, and quinoa. Savory soups, delightful dairy, and smoother and silkier sauces can be made using functional flours. The use of these flours delivers creamy textures and a longer-lasting mouthfeel without compromising flavor. There are functional flours laden with fiber, protein-rich, non-GMO, and gluten-free ingredients.
"Global Functional Flours Market Report By Type (Pre-Cooked Flours, Specialty Flours, Others (Enriched Flours, Instant Flour Mixes, And Composite Flours), By Application (Bakery Products, Soups & Sauces, RTE Products, Others (Seasoning Bases, Coatings, Spreads & Infant Formula, Special Diet Foods, And Beverages), By Source (Cereals, Legumes) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" is an elaborate report providing market data on the basis of segments and geography.
On the basis of type the market is segmented into Pre-Cooked Flours, Specialty Flours, Others (Enriched Flours, Instant Flour Mixes, and Composite Flours). By application the functional flours market is categorised as Bakery Products, Soups & Sauces, RTE Products, Others (Seasoning Bases, Coatings, Spreads & Infant Formula, Special Diet Foods, and Beverages).By source the functional flours market is categorised as Cereals, Legumes. By geography the report is bifurcated into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Functional Flours is the dominating region. The data tables in this section depict the market estimate by market segment.
The Report Segments Global Functional Flours Market -
- Pre-Cooked Flours
- Specialty Flours
- Others (Enriched Flours, Instant Flour Mixes, and Composite Flours)
- Bakery Products
- Soups & Sauces
- RTE Products
- Others (Seasoning Bases, Coatings, Spreads & Infant Formula, Special Diet Foods, and Beverages)
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
Archer Daniels Midland Company, Cargill Incorporated, The Scoular Company, The Hain Celestial Group, Inc, Bunge Limited, Associated British Foods plc, General Mills Inc, Parrish and Heimbecker Ltd, ConAgra Foods, Inc, ITC Limited, Ingredion Inc, The Caremoli Group, Unicorn Grain Specialties, SunOpta Limited.
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