Company Spotlight

Top 5 Companies in the Global Wheat Flour Market

Wheat Flour Market

Insights

The global wheat flour market reached a volume of about 406.27 MMT in 2023. The market is projected to grow at a CAGR of 0.9% in the forecast period of 2024-2032 to reach around 440.39 MMT by 2032.

Conagra Brands, Inc, Cargill, Incorporated, Archer Daniels Midland Company, Ardent Mills LLC, and The King Milling Company, among others, are the major players in the global wheat flour market. 

The global wheat flour market reached a volume of about 406.27 MMT in 2023. The market is projected to grow at a CAGR of 0.9% in the forecast period of 2024-2032 to reach around 440.39 MMT by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing demand from the food and beverage industry.

Wheat flour, a fundamental component in global cuisine, is crafted through the meticulous grinding of wheat grains. This process, which meticulously removes the husk and bran layers, results in a finely textured powder renowned for its versatility and ubiquity in culinary endeavours. Rich in vital nutrients such as carbohydrates, proteins, and B vitamins like folate and niacin, wheat flour contributes to essential bodily functions including energy production and digestive health. Despite its nutritional benefits, refined variants may lack certain nutrients due to processing methods. Notably, various types of wheat flour, such as all-purpose and whole wheat, offer distinct characteristics to suit diverse culinary needs.

Wheat Production by Leading Countries (2020-2022) MMT

The wheat flour market growth is fuelled by increasing demand from the food industry. Given its low gluten content, wheat flour is highly sought after by consumers with gluten allergies, further propelling its popularity.

Globally, the wheat flour market experiences significant impacts from surging population growth and evolving dietary trends. These shifts are bolstered by the swift pace of urbanisation and modern lifestyles, prompting a demand surge for convenient and adaptable food choices. Furthermore, the market's trajectory is notably influenced by the unpredictability and seasonal variation of wheat production, susceptible to fluctuations caused by varying weather patterns and crop ailments.

In May 2022, Dairy giant GCMMF, known for its Amul brand, entered the organic food market by introducing organic wheat flour. The inaugural product in this lineup was "Amul Organic Whole Wheat Atta." Additionally, Amul had planned to introduce other products such as moong dal, tur dal, chana dal, and basmati rice in its organic range. The production of Amul organic atta took place at the state-of-the-art processing facility, Tribhuvan Das Patel Mogar Food Complex. The product underwent multiple rounds of lab testing to ensure compliance with the organic standards set by the Government of India.

Top 5 Wheat Flour Companies in the World:

Conagra Brands, Inc

Headquarters: Illinois, United States
Establishment: 1919
Website: www.conagrabrands.com

Conagra, a leader in the food industry, boasts a vibrant and inclusive culture that challenges norms and fosters innovation. Renowned for its esteemed brands, robust margins, and consistent performance, Conagra blends a century-old legacy with a forward-looking entrepreneurial mindset. With around 18,000 employees, the company competes in three key domains: Frozen, Snacks, and Staples. Recognised for its community impact, Conagra is among the top 50 most community-minded companies. Headquartered in Chicago, Conagra, listed as CAG on NYSE, is committed to modernising its iconic brands, seizing new opportunities, and delivering shareholder value in a dynamic market, with annual revenue around USD 12.3 billion.

Cargill, Incorporated

Headquarters: Minnesota, United States
Establishment: 1865
Website: www.cargill.com

Cargill, a family-owned company, provides essential food, agricultural, financial, and industrial products worldwide in a safe, responsible, and sustainable manner. With over 158 years of experience, the company collaborates with producers and customers across 70 countries to deliver vital resources for daily living. Sustainability is at the core of the operations, guiding the long-term vision as anticipated and addressed through evolving needs. The company’s 155,000 employees are committed to nourishing the world responsibly, minimising environmental impact, and enhancing local communities.

ADM

Headquarters: Illinois, United States
Establishment: 1902
Website: www.adm.com

ADM, a global nutrition powerhouse, leads in both human and animal nutrition. Leveraging nature's potential, the company converts crops into ingredients and solutions for worldwide consumption. With a focus on enhancing quality of life, the company pioneers advancements in health and well-being through innovative products. Additionally, the company spearheads the transition to plant-based alternatives, reducing reliance on petroleum-based products. As a trusted agricultural supply chain manager, the company ensures food security by bridging local needs with global resources. Committed to sustainability, the company drives industry-wide decarbonisation efforts to protect the planet.

Ardent Mills LLC

Headquarters: Colorado, United States
Establishment: 1867
Website: www.ardentmills.com

Ardent Mills, a leading flour-milling and ingredient company, is dedicated to revolutionising global nourishment. With operations spanning over 40 locations, the company specialises in flour, quinoa, pulses, and organic and gluten-free products, driving innovation in plant-based solutions. The diverse portfolio addresses the evolving needs of consumers while anticipating future demands. Headquartered in Denver, Colorado, the company is deeply ingrained in North American communities, supporting local economies, and providing employment opportunities. With a workforce of over 100 certified millers, the company is committed to fostering prosperity for the people, customers, and communities globally.

The King Milling Company

Headquarters: Michigan, United States
Establishment: 1890
Website: kingflour.com

Established in 1890 along the Flat River in Lowell, Michigan, The King Milling Company remains a family-owned business, now spanning four generations of the Doyle family. Renowned for its hard and soft wheat products, meticulously processed to meet the highest industry standards, the company prioritises exceptional customer service tailored to individual needs. Its enduring success is attributed to the dedication of its employees and its commitment to embracing evolving milling technology while steadfastly delivering consistent, premium-quality flour and wheat products.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124