A
new Transparency Market Research report states that the global flour
market will expand at a CAGR of 3.8% from 2014 to 2020. In 2013, the
market stood at US$182.66 billion and is anticipated to reach
US$245.82 billion by 2020. The title of the report is “Flour Market
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020”.The global flour market is majorly stimulated by the
rising consumption of dough, expanding global population, increasing
per capita income, and the shift in the taste preferences of
consumers worldwide. Furthermore, the increase in consumer awareness
about bakery products and the rise of the fast food industry has
fuelled the global flour market. Additionally, the increasing demand
for flour that is high in protein has led to a new opportunity for
various flour millers to introduce new gluten-free substitutes to
flour. These gluten-free alternatives include rice flour, maize
flour, corn flour, and soya flour and their demand is predicted to
increase rapidly in the forecast horizon.
On
the basis of raw material, the flour market is segmented into rice,
maize, wheat, and others including rye flour and oat flour, among
others. On the basis of technology, the global flour market is
segmented into wet technology and dry technology. Flour is processed
through both wet and dry milling technologies. Companies engaged in
flour milling convert the agricultural crops, namely wheat, maize,
rice, and rye, among others, into flour by utilization of either wet
milling or dry milling technology.In the process of flour milling, a
large number of milling processes are involved, such as conditioning
of the grains, grain purifying, grain blending, etc. Particularly in
the wet milling technology, the flour is prepared through a number of
processes such as cleaning the raw crops, grinding, derivative
steeping, and end output drying, among others.
Browse
the full Flour Market report at:
http://www.transparencymarketresearch.com/flour-market.html
On
the basis of application, the flour market is segmented into bakery
and bread products, pasta and noodles, animal feed including pet
food, crackers, wafers, biscuits, and non-food applications such as
biomaterials, glue, bio plastics, etc. Other application segments
include baby food and roux.On the basis of geography, the flour
market is segmented into Europe, Asia Pacific, North America, and
Rest of the World (RoW). Among these, in 2013, on the basis of
revenue, Europe represented the biggest share in the market due to
greater per capita consumption and increased average selling price
(ASP) of flour. On the other hand, based on volume, Asia Pacific
represented the biggest share in the market the same year owing to
decreased average selling price of flour products and increased
population density.
Archer
Daniels Midland Company (U.S.), Ardent Mills Canada (Canada), ConAgra
Foods, Inc. (U.S.), Associated British Foods plc (United Kingdom),
General Mills Inc (U.S.), Hodgson Mill., ITC Limited. (U.S.),
Hindustan Unilever Limited (India), King Arthur Flour Company, Inc.
(U.S.), Wilmar International Limited (Singapore), and White Wings
(Australia), among others, are some of the key players in the market.
Request
a Brochure of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069
The
flour market has been segmented as follows:
Flour
market, by raw material:
- Maize (Including corn flour)
- Rice
- Wheat (Including durum flour)
- Others (Including oat flour, rye flour, etc.)
Flour
market, by Application:
- Noodles and pasta
- Bread and bakery products
- Wafers, crackers and biscuits
- Animal feed (Including pet food)
- Non-food application (Including bioplastics, biomaterials, glue, etc.)
- Others (Including roux, baby food, etc.)
Flour
market, by Technology:
- Dry technology
- Wet technology
Flour
market, by geography:
- North America
- Europe
- Asia Pacific
- Rest of the World (Latin America, Middle East and Africa)
Browse
the full Press Release:
http://www.transparencymarketresearch.com/pressrelease/flour-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Atil Chaudhari
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
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