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Global Chestnut Flour Market to Grow at a Healthy Pace During 2021-2026, Aided by the Rising Bakery Industry

According to a new report by EMR titled, ‘Global Chestnut Flour Market Report and Forecast 2021-2026’, the global market for chestnut flour is being driven by the rising chestnut market, which is expected to grow at a CAGR of 2.5% between 2021 and 2026.

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.

Market Analysis by Source, Type, Distribution Channels, Applications, and Regions:

  • The sources of chestnut flour include organic and conventional.
  • The types of chestnut flour can be divided into raw and roasted.
  • The distribution channels for the product include supermarkets and hypermarkets, convenience stores, specialty stores, and online, among others.
  • Chestnut flour finds wide applications in bakery products, desserts, pudding, and stews, soups, sauces, among others.
  • The regional markets for chestnut flour include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global chestnut flour industry is primarily being driven by the robust demand from the bakery industry.
  • Chestnut flour is highly nutritious, which is further driving its demand among health-conscious consumers.
  • It is also used as a thickening agent in products such as soups, stews, and sauces to provide good consistency to the liquid products, which propelling its demand from the food industry.
  • As the product is gluten-free, it has wide demand among the people suffering from gluten intolerance, which is catalysing the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for chestnut flour for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the sources, types, distribution channels, applications, and major regions of chestnut flour.
  • It assesses the regional price trends for the (2016-2020) and (2021-2026) periods.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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