Global Functional Flour Market Insights:
According to MarkNtel Advisors, the Global Functional Flour Market is valued at XX billion in 2023 & is estimated to grow at a CAGR of around 7.8% during the forecast period, i.e., 2023-28. The rise in the consumption of healthy food & the surging inclination of consumers toward healthy eating habits is proliferating market growth. Nowadays, several individuals are trying to include vital nutrients in their diet, which is pushing them to adopt cereals, lentils, grains, etc.
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Global Functional Flour Market Definition:
Functional flours are altered flours with added nutrients, processed or heated differently from ordinary flours. These flours are produced from other grains, which vary from traditional grains. Functional flours might contain flours braced with herbs, vitamins, or even nutraceuticals.
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Global Functional Flour Market Opportunities:
Start-ups Aiming to Produce Gluten-free Flour & Food Products – With the growing prevalence in the gluten-intolerant population across the globe, a surge in the requirement for gluten-free food products is registered in several regions worldwide. This, in turn, is motivating numerous start-ups to invest on the production of gluten-free food products made from low-impact & sustainable crops, which is further generating a great opportunity for the Global Functional Flour Market. Moreover, functional flour acts as the substitute to the traditional flour that lacks amino acid & gluten found generally in grains, making it a great fit for gluten-intolerant consumers. Consequently, many new players are shifting towards the manufacturing of functional flour (gluten-free), which creating a great opportunistic arena for the market.
Global Functional Flour Market Segmentation:
1. By Source
- Cereals- Market Size & Forecast 2018-2028, (USD Million)
- Legumes- Market Size & Forecast 2018-2028, (USD Million)
2. By Type
- Specialty Flour- Market Size & Forecast 2018-2028, (USD Million)
- Pre-Cooked Flours- Market Size & Forecast 2018-2028, (USD Million)
- Others- Market Size & Forecast 2018-2028, (USD Million)
3. By Application
- Bakery – Market Size & Forecast 2018-2028, (USD Million)
- Soup and Sauces- Market Size & Forecast 2018-2028, (USD Million)
- Ready to Eat Products – Market Size & Forecast 2018-2028, (USD Million)
- Others- Market Size & Forecast 2018-2028, (USD Million)
Global Functional Flour Market Geographically Analysis:
4. By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Functional Flour Leading Companies:
- Archer Daniels Midland (ADM)
- Bunge Limited
- Associated British Foods
- Cargill Incorporated
- Ingredion Incorporated
- The Scoular Company
- Hain Celestial Group
- Sunopta Inc.
- GEMEF Industries
- The Caremoli Group
- Ulrick & Short
- General Mills, Inc.
- Limagrain
- Parrish & Heimbecker
- Others
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