Flour Market- Global Industry Insights, Trends

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Flour Market- Global Industry Insight, Trends,
Outlook, and Opportunity Analysis 2017-2025

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REPORT DESCRIPTION
Flour Market Outlook
In 2016, Europe held major share in global flour
market and is estimated to uphold its supremacy
over the forecast period. Increasing consumption
of bakery products and growing demand for
different types of flour from restaurants, cafes,
and others are expected to accelerate growth of
flour market in this region. According to NABIM
(National Association of British and Irish
Millers), UK flour milling industrys annual
revenue was around US 1.73 billion in 2017.
According to European Millers Association, around
30 of flour is used by bakeries, followed by 14
biscuit and rusk manufacturers. Increasing demand
for flour from bakery and other industries is
driving the flour market in North America.
According to Government of Canada, total revenue
from bread and bakery products in Canada in 2014
was US 6.5 billion, which increased to US 6.8
billion in 2015. Furthermore, market players are
launching new products to cater the growing
demand for flour in food industry. For instance,
in April 2014, CF Global Holdings (CFG) launched
Coffee Flour, an innovative flour derived from
coffee cherries. Asia Pacific is a lucrative
flour market, owing to significant demand for
flour from food industry. According to the
National Restaurant Association of India (NRAI),
food services industry in India is expected to
reach US 68.16 billion by 2018. Furthermore,
wide availability of raw materials such as grains
is propelling growth of flour market in this
region.
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REPORT DESCRIPTION
Flour is a fine powder obtained by milling and
sifting starchy food grains such as wheat, rice,
corn, rye, and others. Flour is used in the
preparation of many food items such as bread,
biscuits, cakes, pies, pastries, noodles, pasta,
and others. Increasing demand for flour from fast
food and processed food industry along with
growth in food industry is driving the flour
market. For instance, according to India Brand
Equity Foundation (IBEF), food processing
industry in India is estimated to reach US 482
billion over the forecast period. Increasing use
of flour in bread and bakery products, and wide
availability of raw materials is propelling the
growth of flour market. According to Food and
Agriculture Organization (FAO), global wheat
production in 2015-2016 was 735.2 million tons,
which increased to 761.3 million tons in
2016-2017. Furthermore, launch of innovative
products such as flours fortified with nutrients
is fueling the growth of flour market. For
instance, Bay State Milling Company launched
HealthSens high fiber wheat flour, which was
derived from wheat with high amylose content in
June 2017. However, increasing consumption of
gluten free products, owing to gluten intolerance
and celiac disease along with health benefits of
gluten free diet such as weight loss are the
factors restraining growth of global flour
market. According to Canada Celiac Association,
around 22 of Canadians avoided gluten and around
6 of Canadians suffered from gluten sensitivity
in 2013. This is increasing the demand for
gluten-free flour such as rice flour. Request
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REPORT DESCRIPTION

• Flour Market Taxonomy
• Based on product type, flour market is segmented
  into
• Wheat flour
• Rice flour
• Oat flour
• Maize flour
• Rye flour
• Others
• Based on application, flour market is segmented
  into
• Food
• Noodles and Pasta
• Sweets and Desserts
• Snacks
• Bread
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