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Global Wheat Flour Market to Reach 442 Million Tons by 2026.
Wheat flour today represents an essential component of the food industry and is preferred all around the world for its cohesive and elastic properties. It consists of a protein called gluten (glutenin), which is responsible for its elasticity. Wheat flour is considered highly beneficial due to its rich content of mineral salts, calcium, magnesium, potassium, zinc, iodide, manganese, copper, Vitamin B, and Vitamin E.
Owing to its low-fat content, it helps to reduce the hazards of heart diseases and regulate blood glucose levels in diabetic patients. It is also used to combat health issues like anaemia, obesity, gallstones, breast cancer, tuberculosis, chronic inflammation, asthenia and pregnancy problems. On account of the aforementioned properties and benefits of wheat flour, it is extensively used in the preparation of a number of fast foods and bakery & confectionery products. According to a new report by Expert Market Research, the global wheat flour market reached a volume of 407 Million Tons in 2020 and is further expected to 442 Million Tons by 2026.
The market growth is catalysed by the rising demand for fast foods and bakery products. The manufacturers are focusing on quality, hygiene, health and convenience along with aggressive advertising campaigns, so as to maximise their profit margins. Some of the other factors such as growing population, increasing disposable incomes and changing lifestyles are also bolstering the growth of the global market for wheat flour.
Click here for view the summary of report: https://www.expertmarketresearch.com/reports/wheat-flour-market
Key findings from the report:
- Different types of wheat flour include whole wheat flour, semolina flour, high-gluten flour and others.
- The major end-use segments of wheat flour are noodles and pasta, bakery and confectionery, feed industry and others.
- Some of the major markets for wheat flour are North America, Europe, Asia-Pacific and others.
- The global wheat flour market is highly fragmented with a number of small and big players operating. Some of the key players include ConAgra Mills, Cargill, Archer Daniels Midland Company, Ardent Mills, The King Milling Company and others.
- In order to attract customers, these players are striving hard to distinguish themselves on the basis of quality, taste, textures and price.
Expert Market Research has analysed the global wheat flour market according to type, end-use, major regions and top players:
Market breakup by Type
- Whole Wheat Flour
- Semolina Flour
- High-Gluten Flour
- Others
Market breakup by End-Use
- Noodles and Pasta
- Bakery and Confectionery
- Feed Industry
- Others
Market breakup by Region
- North America
- Europe
- Asia Pacific
- Others
Top players
- ConAgra Mills
- Cargill
- Archer Daniels Midland Company
- Ardent Mills
- The King Milling Company
- Others
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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