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The global chestnut flour industry is primarily being driven by the rising awareness of the flour’s health benefits. Chestnut flour has various nutritional and health benefits as chestnut is a rich source of probiotic fibre, which helps cultivate bacterial probiotics that exhibit health-enhancing activities. Chestnut flour is also gluten-free and has high water, protein, and starch content, along with having low-fat content as compared to other grain feed. These factors are supporting the market growth of chestnut flour. The demand for chestnut flour is also rising due to the product’s growing application in the bakery industry. Regions such as the Asia Pacific and the Middle East and Africa are particularly witnessing rapid growth due to the rising bakery and dessert industries in the regions.
The distribution channels for chestnut flour are rapidly expanding across all the major regions. Chestnut flour is widely available for the consumers, for example, on online platforms like Amazon (NASDAQ: AMZN) and hypermarkets like Walmart (NYSE: WMT). Thus, owing to the rapid expansion of its distribution channels, the sales of the product are likely to increase further in the coming years. The market is also supported by the rising demand for allergen-free, gluten-free, and organic products. Major players in the industry like Shipton Mill Ltd and Windmill Organics Ltd sell organic and gluten-free chestnut flour, which helps strengthen their position in the market.
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The major players in the global chestnut flour market are Shipton Mill Ltd, Windmill Organics Ltd, Royal Nut Company, Faith Angel Group, and Naturelka, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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