Flour Market to Bring in US$254.82 Bn by 2020

The global flour market has been prognosticated in a report by Transparency Market Research (TMR) to carry fierce competition where players could give their competitors a run for their money. The competition could turn intense due to the presence of a telling count of small and large companies operating in the market. Players are expected to take bold steps to proactively enter new and promising markets such as flavored flours and baking mixes with a view to cash in on increasing consumer interest in easy-to-make food preparations. The market has been marked by the presence of prominent players including King Arthur Flour Company Inc., General Mills Inc., and ITC Limited. 

By 2020, the global flour market has been foreseen by TMR analysts to bag a whopping US$254.82 bn. In terms of application, breads and bakery products could account for a stupendous share of 37.77% by the end of the same year. Regionally, Europe has been envisaged to take control of a dominant share on the basis of revenue.

Get Brochure For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

Rise of Fast Food Industry Fuels Demand, Helping Market to Gather Pace 

Changing consumer preference vis-à-vis food taste has been anticipated to work in the favor of flour’s market growth in the coming years. However, there could be other factors largely benefiting the world flour market: rising per capita income, expanding global population, and increasing dough consumption. The demand for flour has been projected to gain impetus on the back of the expansion of the fast food industry and rising consumption of bakery products.

Introduction of new gluten-free flour options could be helped with snowballing demand for high-protein flour varieties. During the course of the forecast period, demand for soy, corn, maize, and rice flours, and other gluten-free alternatives has been prophesied to see a rise. 

Variable Costs of Few Types of Flour Slam down Growth to Some Extent

Cost difference for some flour varieties observed in several regions of the global market has been envisioned to curtail the rise in demand, thus pressurizing players to find new ways to generate growth. Nonetheless, launch of new product lines meeting consumer expectations and vast developments in milling process could create a slew of worthwhile opportunities in the market. Europe could act as a breeding ground for growth owing to magnified popularity of value-added bakery ingredients in its developed countries. Growth of the Europe flour market has been forecasted to produce ample of lucrative prospects riding on the rise in domestic wheat production for bread preparation. 

On the other hand, Asia Pacific has been triggering a decent demand for flour while taking advantage of growing fast food consumption, increasing disposable income, rising expenditure on staple foods, and expanding population base.

Flour Market to Exhibit 4.3% CAGR from 2014 to 2020

The global flour market has been prognosticated in a report by Transparency Market Research (TMR) to carry fierce competition where players could give their competitors a run for their money. The competition could turn intense due to the presence of a telling count of small and large companies operating in the market. Players are expected to take bold steps to proactively enter new and promising markets such as flavored flours and baking mixes with a view to cash in on increasing consumer interest in easy-to-make food preparations. The market has been marked by the presence of prominent players including King Arthur Flour Company Inc., General Mills Inc., and ITC Limited. 

By 2020, the global flour market has been foreseen by TMR analysts to bag a whopping US$254.82 bn. In terms of application, breads and bakery products could account for a stupendous share of 37.77% by the end of the same year. Regionally, Europe has been envisaged to take control of a dominant share on the basis of revenue. 

Request Sample For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

Rise of Fast Food Industry Fuels Demand, Helping Market to Gather Pace 

Changing consumer preference vis-à-vis food taste has been anticipated to work in the favor of flour’s market growth in the coming years. However, there could be other factors largely benefiting the world flour market: rising per capita income, expanding global population, and increasing dough consumption. The demand for flour has been projected to gain impetus on the back of the expansion of the fast food industry and rising consumption of bakery products. 

Introduction of new gluten-free flour options could be helped with snowballing demand for high-protein flour varieties. During the course of the forecast period, demand for soy, corn, maize, and rice flours, and other gluten-free alternatives has been prophesied to see a rise. 

Variable Costs of Few Types of Flour Slam down Growth to Some Extent 

Cost difference for some flour varieties observed in several regions of the global market has been envisioned to curtail the rise in demand, thus pressurizing players to find new ways to generate growth. Nonetheless, launch of new product lines meeting consumer expectations and vast developments in milling process could create a slew of worthwhile opportunities in the market. Europe could act as a breeding ground for growth owing to magnified popularity of value-added bakery ingredients in its developed countries. Growth of the Europe flour market has been forecasted to produce ample of lucrative prospects riding on the rise in domestic wheat production for bread preparation.

On the other hand, Asia Pacific has been triggering a decent demand for flour while taking advantage of growing fast food consumption, increasing disposable income, rising expenditure on staple foods, and expanding population base.

Flour Market to Bring in US$254.82 Bn by 2020 as Demand for High-protein Varieties Births New Opportunities

The global flour market has been prognosticated in a report by Transparency Market Research (TMR) to carry fierce competition where players could give their competitors a run for their money. The competition could turn intense due to the presence of a telling count of small and large companies operating in the market. Players are expected to take bold steps to proactively enter new and promising markets such as flavored flours and baking mixes with a view to cash in on increasing consumer interest in easy-to-make food preparations. The market has been marked by the presence of prominent players including King Arthur Flour Company Inc., General Mills Inc., and ITC Limited.

By 2020, the global flour market has been foreseen by TMR analysts to bag a whopping US$254.82 bn. In terms of application, breads and bakery products could account for a stupendous share of 37.77% by the end of the same year. Regionally, Europe has been envisaged to take control of a dominant share on the basis of revenue.

Get Brochure For More Information @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

Rise of Fast Food Industry Fuels Demand, Helping Market to Gather Pace

Changing consumer preference vis-à-vis food taste has been anticipated to work in the favor of flour’s market growth in the coming years. However, there could be other factors largely benefiting the world flour market: rising per capita income, expanding global population, and increasing dough consumption. The demand for flour has been projected to gain impetus on the back of the expansion of the fast food industry and rising consumption of bakery products.

Introduction of new gluten-free flour options could be helped with snowballing demand for high-protein flour varieties. During the course of the forecast period, demand for soy, corn, maize, and rice flours, and other gluten-free alternatives has been prophesied to see a rise.

Variable Costs of Few Types of Flour Slam down Growth to Some Extent

Cost difference for some flour varieties observed in several regions of the global market has been envisioned to curtail the rise in demand, thus pressurizing players to find new ways to generate growth. Nonetheless, launch of new product lines meeting consumer expectations and vast developments in milling process could create a slew of worthwhile opportunities in the market. Europe could act as a breeding ground for growth owing to magnified popularity of value-added bakery ingredients in its developed countries. Growth of the Europe flour market has been forecasted to produce ample of lucrative prospects riding on the rise in domestic wheat production for bread preparation.

On the other hand, Asia Pacific has been triggering a decent demand for flour while taking advantage of growing fast food consumption, increasing disposable income, rising expenditure on staple foods, and expanding population base.

Global Flour Market to Exhibit 4.3% CAGR from 2014 to 2020; Rising Demand for Gluten-free Products to Stimulate Growth

With a large number of small and large companies and an intense competitive landscape, the global flour market has companies looking for ways of expanding across budding and promising regional markets for better revenue and growth opportunities, observes a recent market research report by Transparency Market Research. Companies are also proactively venturing into promising new market segments such as baking mixes and flavored flours to benefit from rising consumer interest in easy-to-make recipes.

Some of the leading companies in the market are ITC Limited., General Mills Inc., King Arthur Flour Company Inc., Hodgson Mill, ConAgra Foods Inc., Hindustan Unilever Limited, Ardent Mills Canada, Associated British Foods plc, and Archer Daniels Midland Company.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

According to the report, the global flour market will expand at a CAGR of 4.3% from 2014 to 2020. If the numbers hold true, the market, which stood at US$198.57 bn in 2015, is anticipated to reach US$254.82 bn by 2020.

Europe Accounts for Dominant Revenue Share in Global Market

On the basis of geography, Europe represented the largest share in the market’s revenue pie in 2013. This can be attributed to the high per-capita consumption and increased average selling price (ASP) of a variety of flours. On the other hand, based on volume, Asia Pacific held the biggest share in the market the same year owing to reduction in average selling price of flour products and increased population density. On the basis of technology, the segment of dry milling saw the most preference and held a lion’s share in the overall market in 2013. The technology is also likely to remain the most preferred one over the report’s forecast period, attributed chiefly to its simplicity.

Rising Demand for High in Protein Flour to Help Market Pick Pace

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.

Rising Popularity of Value-added Bakery Products to Open Up new Growth Opportunities

The market could be negatively affected by factors such as the variable costs of some varieties of flour across different regional territories and the rising demand for gluten-free foods across the globe. On the other hand, vast advancements in milling process in the recent years has led to the emergence of product lines of gluten-free bakery products and baking mixes. Additionally, the increased popularity of value-added bakery industry in developed economies, especially in region such as Europe, could help open lucrative growth opportunities for companies operating in the global flour market.

Global Flour Market to Exhibit 3.8% CAGR During 2014-2020

Global Flour Market: Snapshot

Flour consumption is witnessing a steady growth across the globe owing to the rising demand for bakery and fast food products among different classes of consumers. The increasing number of cafes and fast food restaurants worldwide is driving the flour market. Moreover, the development of flour milling industry in the developing regions such as Asia Pacific and the Middle East and Africa is working in favor of the growth of the market. The growing population and decreasing flour prices along with the establishment of new flour mills are supporting the demand for flour in these regions, which in turn is fuelling the overall market.

Download exclusive Sample of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

However, the market is adversely affected by the rising awareness regarding the health hazards of gluten. Due to high gluten content in wheat flour, consumers are shifting to its substitutes. The opportunity in the global flour market was pegged at US$198.57 bn in 2015 and is poised to reach US$254.82 bn by 2020, rising at a CAGR of 4.3% from 2014 to 2020.

Growing Uptake of Bread-based Fast Foods to Fuel Growth of Bread and Bakery Products Segment

Based on application, the bread and bakery products segment will continue to dominate until 2020, accounting for 37.77% of the overall market revenue. The increasing consumption of bread-based fast foods in emerging countries is augmenting the growth of the segment. The rising health awareness among people in different countries is leading to the increased demand for gluten-free brown bread flours, thereby contributing to the growth of the segment. On the other hand, the non-food application segment is anticipated to expand at a CAGR higher than any other segment during the forecast period.

On the basis of technology, dry milling will continue to command the leading share, representing 92.90% of the overall market revenue. Wide applications of dry technology among flour millers is driven by multiple factors, including less complex milling process, low-cost advantage, and compatibility with wheat flour milling process. The growing acceptance of non-gelatinized flour is also driving the adoption of dry technology among flour millers globally. The wet drilling technology will expand at a CAGR of 6.4% during the same period.

Europe to Lead Revenue Generation through 2020 Owing to Evolution of Value-added Processed Bakery Industry

While Europe will be the dominant regional market in terms of revenue throughout the forecast period, Asia Pacific will continue to be the leading volume contributor. In countries such as the U.K. and Germany, increase in domestic production of wheat for making bread has triggered the growth of the flour market in Europe. Evolution of the value-added processed bakery industry in the Netherlands, Italy, Germany and France among others is estimated to drive future growth of the region.

In Asia Pacific, the flour consumption is driven by the growing population, increasing consumer expenditure on staple food, rising disposable income, and the growing demand for fast food. Moreover, the increasing consumption of flour based noodles, breads, and other products is providing significant boost to the growth of the region. The Rest of the World market for flour is expected to exhibit a CAGR of 5.2% during the same period. The development of the retail bakery market in the Middle East is assisting the growth of the market. Moreover, the increasing wheat planting in Chile and other Latin American countries is leading to the rise in domestic wheat flour production output in this region.

Some of the leading players in the market are Archer Daniels Midland Company, Ardent Mills Canada, Associated British Foods plc, ConAgra Foods Inc., Hindustan Unilever Limited, General Mills Inc, Hodgson Mill., ITC Limited., White Wings, King Arthur Flour Company Inc., and Wilmar International Limited. 

Flour Market: Extensive consumption of Bakery Products to Bolster Uptake

Some of the prominent players in the global flour market are King Arthur Flour Company Inc., ITC Limited., Hodgson Mill, General Mills Inc., Hindustan Unilever Limited, ConAgra Foods Inc., Associated British Foods plc, Ardent Mills Canada, and Archer Daniels Midland Company. Several companies are offering products made with a unique baking mix and containing a variety of flavors. Leading companies are also focusing on emerging regions such as Asia Pacific and the Middle East and Africa to consolidate their market presence, observes Transparency Market Research (TMR). In some regional markets, the landscape is fairly competitive on account of domestic players who are offering locally milled flour with competitive pricing.

Download ToC: https://www.transparencymarketresearch.com/report-toc/2069

The global flour market is projected to rise at a positive single-digit CAGR from 2014 to 2020. The market is expected to witness substantial opportunities from the rapidly growing demand for bakery products among a variety of consumers and the increasing uptake of fast food products in various populations world over.

Of all the regional markets for flour, Europe is, currently, the major contributor of revenue and is projected to lead throughout the forecast period. The dominance of this regional market is attributed to the substantial per capita consumption of various flour types. The growth of the Europe market is expected to be fueled by the increasing production of wheat to meet the burgeoning demand for bread in several nations. Based on technology, the market is bifurcated into wet and dry milling. Of these, the dry milling technology for flour is projected to hold a lion’s share of the overall revenue and is expected to rise at an impressive pace. The growth of the segment is propelled by its extensive demand, attributed to the simplicity of the process.

Extensive consumption of Bakery Products to Bolster Uptake

The global flour market is primarily propelled by the rising consumption of flour and bakery products in various regions. The rapidly growing demand for fast food products in restaurants, cafes, and food chains in various developing and developed nations is bolstering the demand for flour milling. The rising demand for flour confections is expected to boost the market, especially in developing regions. Furthermore, the burgeoning flour milling industry in several emerging regions is anticipated to accentuate the market through the forecast period.

The market is expected to benefit from a growing demand for bakery products with nutritional benefits and containing unique flavors. In addition, the decrease in flour prices in some regions and the development of a large number of flour mills in several developing nations is a key factor boosting the market.

The advent of baking mix lines by players in developed markets and a vast growth of operations of local mills are crucial trends expected to catalyze the growth of the flour market. The growing expenditure on staple food is a key factor expected to accentuate the market. To meet a burgeoning demand for flour, there is a substantial increase in the production of wheat in some regions. In addition, the growing demand for noodles and breads in various regions is expected to bolster the uptake.

Recent Advancements in Milling Process Bode Well for Market

The variability of the prices of some of the flour types in international markets and the rising popularity of gluten-free foods in health conscious populations are the key factors likely to negatively affect the growth of the market. On the other hand, advancement in milling process has led to the production of gluten-free bakeries and an innovative line of baking mix. In addition, the rising prominence of the value-added processed bakery industry in developed regions, particularly in parts of Europe, is expected to open lucrative growth avenues for market players.

The growing demand for flour confections with a variety of flavors is likely to open up exciting opportunities for market players. In addition, the substantial demand for wafers and biscuits in some populations is predicted to boost the market. Furthermore, the increasing acceptance of non-gelatinized flour in the making of processed food is expected to open up promising avenues for market players.

Research Report and Overview on Flour Market, 2014-2020

This report provides strategic analysis of the global flour market. The scope of the report includes competitive analysis of various market segments based on raw material, technology, applications and in-depth cross sectional scrutiny of the flour market across different geographic segments. Retail market for global flour industry has been covered under the scope of this report. Growing demand for bread and bakery products and convenience staple foods across globally has fuelled the growth of flour market. Flours are used as principal ingredients for processing bakery items, corn based coating of fried food, bread, fast food and wafers among others. Increasing penetration of fast food industry in terms of quick service restaurants (QSRs), fast food chains and cafes is driving the consumption of food items such as donuts, burgers, cakes and fried meat items among others. As a result, consumption of flour is estimated to rise during the forecast period.

Rising health concerns for high protein flour has created opportunity for flour millers to make product innovation by using gluten free flour alternatives such as rice flour, maize flour, corn flour and soya flour. Deregulation of government control on private flour millers in Asia Pacific has created opportunity for private players to increase their production capacity and innovate product offerings. Demand for flour based convenience staple foods has been fuelled by factors such as increase in extent of urbanization and modernization of lifestyle. Expansion of commercial farmlands and growth of aquatic feed industry in Asia Pacific have conjointly impacted the application of flour in the form of animal feed. Growth of global population and rising per capita income are two major drivers driving growth of flour market. On the other hand, increase in average selling price for flour in most of the countries has positively impacted the growth of global flour market.

To aid in strategic decision making, the report also includes competitive profiling of leading players in the industry and their market share in different geographic regions (North America, Europe, Asia Pacific and Rest of the World). Moreover, various business strategies adopted by leading players has also been discussed in the report. The market attractiveness analysis and Porter’s Five Forces analysis included in the report provide insight into market dynamics and industry competition.

Make an Enquiry @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

The report also provides breakdown and review of various factors impacting the market growth, which are appropriately described as market drivers, restraints, and opportunities. These factors determine various existing trends and their impact on market growth. Overall, the report includes a holistic analysis of the global flour market, and provides an estimate of growth for the period 2014 to 2020, keeping in mind the various factors that has an impact on the market.

Some of the leading players in the market are Ardent Mills Canada (Canada), Archer Daniels Midland Company (U.S.), Associated British Foods plc (United Kingdom), ConAgra Foods, Inc. (U.S.), General Mills Inc (U.S.), Hindustan Unilever Limited (India), Hodgson Mill., ITC Limited, (U.S.), King Arthur Flour Company, Inc. (U.S.), White Wings (Australia) and Wilmar International Limited (Singapore) among others.

The report segments the global flour market as:

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: Rising Prominence of Value-Added Processed Bakery Industry Throw up Exciting Opportunities

Some of the prominent players in the global flour market are King Arthur Flour Company Inc., ITC Limited., Hodgson Mill, General Mills Inc., Hindustan Unilever Limited, ConAgra Foods Inc., Associated British Foods plc, Ardent Mills Canada, and Archer Daniels Midland Company. Several companies are offering products made with a unique baking mix and containing a variety of flavors. Leading companies are also focusing on emerging regions such as Asia Pacific and the Middle East and Africa to consolidate their market presence, observes Transparency Market Research (TMR). In some regional markets, the landscape is fairly competitive on account of domestic players who are offering locally milled flour with competitive pricing.

The global flour market is projected to rise at a positive single-digit CAGR from 2014 to 2020. The market is expected to witness substantial opportunities from the rapidly growing demand for bakery products among a variety of consumers and the increasing uptake of fast food products in various populations world over.

Of all the regional markets for flour, Europe is, currently, the major contributor of revenue and is projected to lead throughout the forecast period. The dominance of this regional market is attributed to the substantial per capita consumption of various flour types. The growth of the Europe market is expected to be fueled by the increasing production of wheat to meet the burgeoning demand for bread in several nations. Based on technology, the market is bifurcated into wet and dry milling. Of these, the dry milling technology for flour is projected to hold a lion’s share of the overall revenue and is expected to rise at an impressive pace. The growth of the segment is propelled by its extensive demand, attributed to the simplicity of the process.

Extensive consumption of Bakery Products to Bolster Uptake

The global flour market is primarily propelled by the rising consumption of flour and bakery products in various regions. The rapidly growing demand for fast food products in restaurants, cafes, and food chains in various developing and developed nations is bolstering the demand for flour milling. The rising demand for flour confections is expected to boost the market, especially in developing regions. Furthermore, the burgeoning flour milling industry in several emerging regions is anticipated to accentuate the market through the forecast period.

Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

The market is expected to benefit from a growing demand for bakery products with nutritional benefits and containing unique flavors. In addition, the decrease in flour prices in some regions and the development of a large number of flour mills in several developing nations is a key factor boosting the market.

The advent of baking mix lines by players in developed markets and a vast growth of operations of local mills are crucial trends expected to catalyze the growth of the flour market. The growing expenditure on staple food is a key factor expected to accentuate the market. To meet a burgeoning demand for flour, there is a substantial increase in the production of wheat in some regions. In addition, the growing demand for noodles and breads in various regions is expected to bolster the uptake.

Recent Advancements in Milling Process Bode Well for Market

The variability of the prices of some of the flour types in international markets and the rising popularity of gluten-free foods in health conscious populations are the key factors likely to negatively affect the growth of the market. On the other hand, advancement in milling process has led to the production of gluten-free bakeries and an innovative line of baking mix. In addition, the rising prominence of the value-added processed bakery industry in developed regions, particularly in parts of Europe, is expected to open lucrative growth avenues for market players.

The growing demand for flour confections with a variety of flavors is likely to open up exciting opportunities for market players. In addition, the substantial demand for wafers and biscuits in some populations is predicted to boost the market. Furthermore, the increasing acceptance of non-gelatinized flour in the making of processed food is expected to open up promising avenues for market players.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Flour Market (Raw Material - Maize, Rice, Wheat, Oat Flour, and Rye Flour; Application - Noodles and Pasta, Bread and Bakery Products, Wafers, Crackers and Biscuits, Animal Feed, Baby Food, and Non-Food Application (Bioplastics, Biomaterials, and Glue); Technology - Dry and Wet Technology) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

The global flour market is segmented based on:

Raw Material

• Maize (Including corn flour)
• Rice
• Wheat (Including durum flour)
• Oat Flour
• Rye Flour

Flour Market: Rising Demand for Bakery Products to Drive Sales of Flour

As companies engaged in the production of flour offer similar products with very limited differentiation attributes, the degree of competition in the global flour market is significantly high, says Transparency Market Research in a new study. To maintain a strong hold in the market and expand their business, the established flour manufacturers are focusing on acquiring smaller companies or entering into joint ventures. The leading players in the global flour market are Ardent Mills Canada, Cargill, Associated British Foods plc, ConAgra Foods, Archer Daniels Midland Company, Hindustan Unilever Limited, ITC Limited, Hodgsmon Mill, Wilmar International Limited, and White Wings. Of these, ConAgra Foods, Inc., Archer Daniels Midland Company, and Cargill together accounted for 49% of the overall revenue in 2013 in the global flour market.

Given the ubiquity of flour as a daily consumable, many local players are compelled to compete with international companies with wider product variants and low cost. The leading companies are aiming at product and packaging innovation to enable consumers to differentiate their products from the available variants. As a result of this, the competition in the global flour market is expected to intensify further in the coming years.

The global flour market is anticipated to exhibit a CAGR of 3.8% from 2014 to 2020. In 2013, the global flour market was worth US$182.7 bn and is projected to touch a valuation of US$245.8 bn by the end of 2020.

Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

Rising Demand for Bakery Products to Drive Sales of Flour

With the increase in the demand for bakery products across the world, the demand for good quality flour has also taken a boost. “As flour is the most important ingredient used in bread and other baked sweets and savories, the rise in the demand for baked goods is likely to cause a spike in the sales of flour in the coming years,” states a TMR analyst. The consumption of baked products is significantly high in Europe, India, North America, North Africa, and the Middle East.

Among all flour varieties, wheat flour is the most consumed type in these regions. Moreover, the emergence of cafes and the growing fast food sector is likely to further augment the demand of flour. Grocery and supermarkets are also likely to aid the sales of flour as manufacturers enhance their retail options to expand their reach in the market.

Price Volatility of Raw Materials to Inhibit Growth of Flour Industry

The price volatility of raw materials used in the production of flour is likely to hamper in the progress of the flour industry. As a result of low price margin and volatility in the prices of raw materials, consumers are shifting their focus towards the consumption of value added bakery products. Due to low yield and scarcity of row crops, the cost of raw materials is likely to rise resulting to an increase in the price of flour. To survive this price volatility, companies are resorting to risk management strategies.

Non-food Application of Flour to Provide Lucrative Growth Opportunities to Manufacturers

Researchers across the world are experimenting with the use of flour in biomaterials. As a result of strict environmental regulations imposed by governments across the world regarding the use of plastics and curbing global warming, the demand for biodegradable products is likely to increase in the coming years. With a growing interest in renewable and eco-friendly products, the use of flour in the formulation of biodegradable materials is likely to provide manufacturers of flour with future growth prospects. Moreover, starch based non-food products such as starch-based packaging, starch-based adhesives, and soil conditioners are anticipated to gain popularity over the coming years

Asia Pacific is anticipated to lead the global flour market by 2020 in terms of consumption with a projected volume share of 66,611.8 kilo tons in the year. Bread and bakery products are likely to emerge dominant in the applications segment with a volume of 63,544.9 kilo ton by 2020.

The review is based on the findings of a TMR report titled, “Flour Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

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)

Rising Consumption of Bakery Products Drives Flour Market Globally

Global Flour Market: Snapshot

Flour consumption is witnessing a steady growth across the globe owing to the rising demand for bakery and fast food products among different classes of consumers. The increasing number of cafes and fast food restaurants worldwide is driving the flour market. Moreover, the development of flour milling industry in the developing regions such as Asia Pacific and the Middle East and Africa is working in favor of the growth of the market. The growing population and decreasing flour prices along with the establishment of new flour mills are supporting the demand for flour in these regions, which in turn is fuelling the overall market.

Download exclusive Sample of this report:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

However, the market is adversely affected by the rising awareness regarding the health hazards of gluten. Due to high gluten content in wheat flour, consumers are shifting to its substitutes. The opportunity in the global flour market was pegged at US$198.57 bn in 2015 and is poised to reach US$254.82 bn by 2020, rising at a CAGR of 4.3% from 2014 to 2020.

Growing Uptake of Bread-based Fast Foods to Fuel Growth of Bread and Bakery Products Segment

Based on application, the bread and bakery products segment will continue to dominate until 2020, accounting for 37.77% of the overall market revenue. The increasing consumption of bread-based fast foods in emerging countries is augmenting the growth of the segment. The rising health awareness among people in different countries is leading to the increased demand for gluten-free brown bread flours, thereby contributing to the growth of the segment. On the other hand, the non-food application segment is anticipated to expand at a CAGR higher than any other segment during the forecast period.

On the basis of technology, dry milling will continue to command the leading share, representing 92.90% of the overall market revenue. Wide applications of dry technology among flour millers is driven by multiple factors, including less complex milling process, low-cost advantage, and compatibility with wheat flour milling process. The growing acceptance of non-gelatinized flour is also driving the adoption of dry technology among flour millers globally. The wet drilling technology will expand at a CAGR of 6.4% during the same period.

Europe to Lead Revenue Generation through 2020 Owing to Evolution of Value-added Processed Bakery Industry

While Europe will be the dominant regional market in terms of revenue throughout the forecast period, Asia Pacific will continue to be the leading volume contributor. In countries such as the U.K. and Germany, increase in domestic production of wheat for making bread has triggered the growth of the flour market in Europe. Evolution of the value-added processed bakery industry in the Netherlands, Italy, Germany and France among others is estimated to drive future growth of the region.

In Asia Pacific, the flour consumption is driven by the growing population, increasing consumer expenditure on staple food, rising disposable income, and the growing demand for fast food. Moreover, the increasing consumption of flour based noodles, breads, and other products is providing significant boost to the growth of the region. The Rest of the World market for flour is expected to exhibit a CAGR of 5.2% during the same period. The development of the retail bakery market in the Middle East is assisting the growth of the market. Moreover, the increasing wheat planting in Chile and other Latin American countries is leading to the rise in domestic wheat flour production output in this region.

Some of the leading players in the market are Archer Daniels Midland Company, Ardent Mills Canada, Associated British Foods plc, ConAgra Foods Inc., Hindustan Unilever Limited, General Mills Inc, Hodgson Mill., ITC Limited., White Wings, King Arthur Flour Company Inc., and Wilmar International Limited.

Shifting Consumer Preference towards Baked Goods to Augment Sales of Flour Globally, Reports TMR

As companies engaged in the production of flour offer similar products with very limited differentiation attributes, the degree of competition in the global flour market is significantly high, says Transparency Market Research in a new study. To maintain a strong hold in the market and expand their business, the established flour manufacturers are focusing on acquiring smaller companies or entering into joint ventures. The leading players in the global flour market are Ardent Mills Canada, Cargill, Associated British Foods plc, ConAgra Foods, Archer Daniels Midland Company, Hindustan Unilever Limited, ITC Limited, Hodgsmon Mill, Wilmar International Limited, and White Wings. Of these, ConAgra Foods, Inc., Archer Daniels Midland Company, and Cargill together accounted for 49% of the overall revenue in 2013 in the global flour market.

Download Free exclusive Sample of this report:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

Given the ubiquity of flour as a daily consumable, many local players are compelled to compete with international companies with wider product variants and low cost. The leading companies are aiming at product and packaging innovation to enable consumers to differentiate their products from the available variants. As a result of this, the competition in the global flour market is expected to intensify further in the coming years.

The global flour market is anticipated to exhibit a CAGR of 3.8% from 2014 to 2020. In 2013, the global flour market was worth US$182.7 bn and is projected to touch a valuation of US$245.8 bn by the end of 2020.

Rising Demand for Bakery Products to Drive Sales of Flour

With the increase in the demand for bakery products across the world, the demand for good quality flour has also taken a boost. “As flour is the most important ingredient used in bread and other baked sweets and savories, the rise in the demand for baked goods is likely to cause a spike in the sales of flour in the coming years,” states a TMR analyst. The consumption of baked products is significantly high in Europe, India, North America, North Africa, and the Middle East.

Among all flour varieties, wheat flour is the most consumed type in these regions. Moreover, the emergence of cafes and the growing fast food sector is likely to further augment the demand of flour. Grocery and supermarkets are also likely to aid the sales of flour as manufacturers enhance their retail options to expand their reach in the market.

Price Volatility of Raw Materials to Inhibit Growth of Flour

Industry

The price volatility of raw materials used in the production of flour is likely to hamper in the progress of the flour industry. As a result of low price margin and volatility in the prices of raw materials, consumers are shifting their focus towards the consumption of value added bakery products. Due to low yield and scarcity of row crops, the cost of raw materials is likely to rise resulting to an increase in the price of flour. To survive this price volatility, companies are resorting to risk management strategies.

Non-food Application of Flour to Provide Lucrative Growth

Opportunities to Manufacturers

Researchers across the world are experimenting with the use of flour in biomaterials. As a result of strict environmental regulations imposed by governments across the world regarding the use of plastics and curbing global warming, the demand for biodegradable products is likely to increase in the coming years. With a growing interest in renewable and eco-friendly products, the use of flour in the formulation of biodegradable materials is likely to provide manufacturers of flour with future growth prospects. Moreover, starch based non-food products such as starch-based packaging, starch-based adhesives, and soil conditioners are anticipated to gain popularity over the coming years

Asia Pacific is anticipated to lead the global flour market by 2020 in terms of consumption with a projected volume share of 66,611.8 kilo tons in the year. Bread and bakery products are likely to emerge dominant in the applications segment with a volume of 63,544.9 kilo ton by 2020.

The review is based on the findings of a TMR report titled, “Flour Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

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

Global Flour Market to Exhibit 3.8% CAGR 2014-2020 Owing to Increasing Per Capita Income Consumption of Bakery Products

The global flour market is expected to benefit from factors such as rising global population, shifting consumption choices of consumers, and rising disposable incomes, states a recent market intelligence report by Transparency Market Research. The report states that the market will expand at a moderate, yet positive 3.8% CAGR from 2014 through 2020. Expanding at this rate, the market is expected to rise from a valuation of US$182.66 bn in 2013 to US$245.82 bn by 2020.The market is titled “Flour Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” and is available on the company website for sale.

Apart from the high demand from the mounting and economically stabilizing global population, the global flour market will also be driven by the rising consumption of bakery products, rising fast food industry, and the increased demand for high protein and gluten-free varieties of flour. The demand for gluten-free flour is expected to be a major driver of the global flour market as the prevalence of gluten-tolerance is on a significant rise across the globe.

Flour milling refers to the process of producing a fine or course powder by grinding grains, cereals, seeds, and roots, utilize either the dry or wet technology for milling. The milling process involves a variety of processes such as conditioning of grains, grain blending, and grain purifying. Flour is the major ingredient of a number of recipes and forms the core of many cuisines across the globe.

The global flour market has been segmented on the basis of four criteria in the report: Raw material, technology, application, and geography. Based on raw material, the market has been examined for rice, maize, wheat, and other varieties such as oat and rye. Technology-wise, the market has been segmented into dry technology and wet technology. Application-wise, the report includes analysis of sectors such as wafers, crackers and biscuits, noodles and pasta, bread and bakery products, animal feed, non-food applications such as glue, biomaterial and bioplastics, and other areas such as baby food and roux.

Download Free exclusive Sample of this report:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2069

From a geographic perspective, the flour market has been examined for Asia Pacific, North America, Europe, and Rest of the World (RoW). Among these, Europe dominated the global flour market in terms of revenue in 2013. The region led the global market owing to the high per capita consumption of a variety of flours and rising average selling price of flour. Asia Pacific, on the other hand, dominated the global flour market in terms of volume in the same year, owing to high population density and decline in average selling price of flour in the region.

The report also gives a thorough overview of the competitive landscape of the global flour market. Detailed business profiles, recent developments, involvement in activities such as mergers and acquisitions, SWOT analysis, and other data pertaining to aspects such as revenues and finances for vendors operating in the market are included in the report.

Some of the market’s key vendors profiled in the report are General Mills Inc., Ardent Mills Canada, ConAgra Foods, Inc., ITC Limited, Associated British Foods plc., Archer Daniels Midland Company, Wilmar International Limited, King Arthur Flour Company, Inc., White Wings, Hindustan Unilever Limited, and Hodgson Mill.

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)