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Global Functional Flour Market: By Source: Grains, Legumes; By Type: Pre-Cooked Functional Flour, Speciality Functional Flour, Others; By Application: Baking and Confectionery Industry, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Functional Flour Market Outlook
The global functional flour market is estimated to grow in the forecast period of 2023-2028 at a CAGR of 6.5%.
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Surging Health Consciousness Among Consumers in North America to Propel the Market Growth of Functional Flour
The North American region has witnessed significant growth in the market of functional flour on account of the rising popularity of functional flour, along with the increasing urban population and surging health-conscious among consumers. The rising interest and consumption of functional food like whole grains and other various confectionery food among consumers especially in the United States are further expected to drive the market growth of functional flour across North America. With the rising adoption of functional flour as it offers cost-saving, better texture, and nutrition benefits, the demand for functional flour is growing in the North American region. Moreover, the surging trends in the US, related to the consumption of gluten-free and clean label products, are further likely to boost the functional flour market in the region over the forecast period.
Market Segmentation
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Functional flour is a speciality flour, which involves hydro-thermal treatment during its production. It is used for making premium food products and offers extended health benefits not included in plain flour. These flours are produced from rice, maize, and wheat, etc. and provides extensive application in the food and beverages industry.
The market for functional flour, by source, is divided into:
- Grains
- Legumes
The market can be broadly categorised on the basis of type segments into:
- Pre-Cooked Functional Flour
- Speciality Functional Flour
- Others
By application, the market is segmented into:
- Baking and Confectionery Industry
- Food Processing Industry
- Others
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The EMR report looks into the regional markets of functional flour like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.
Rising Consumption of Healthy and Convenience Food Products to Boost the Demand for Functional Flour
The global functional flour market is driven by surging demand for quality food products among consumers. The surging awareness among consumers about the health benefits of functional foods, including flour, like protection against diseases, and prevention of nutrient deficiencies, among others, are further driving the market growth of functional flour across the globe. With surging demand for nutrient-enriched foods owing to the hectic lifestyle and rapid urbanisation, the market growth of functional flour is expected to fuel during the forecast period. The growing food and beverages industry is expected to drive the market growth globally as functional flours are specialised type of products that are hydro-thermally treated for a variety of applications in the food and beverages industry and are also used for producing premium food products as they are enriched with health promoting ingredients.
Key Players in the Global Market for Functional Flour
The report presents a detailed analysis of the following key players in the global functional flour market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- GoodMills Innovation GmbH
- Ingredion Incorporated
- Bunge Limited
- The Scoular Company
- Caremoli Spa
- GEMEF Industries
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Source |
|
| Breakup by Type |
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| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Functional Flour Market Analysis
8.1 Key Industry Highlights
8.2 Global Functional Flour Historical Market (2018-2022)
8.3 Global Functional Flour Market Forecast (2023-2028)
8.4 Global Functional Flour Market by Source
8.4.1 Grains
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Legumes
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Functional Flour Market by Type
8.5.1 Pre-Cooked Functional Flour
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Speciality Functional Flour
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Functional Flour Market by Application
8.6.1 Baking and Confectionery Industry
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Food Processing Industry
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Others
8.7 Global Functional Flour Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Functional Flour Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Functional Flour Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Functional Flour Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Functional Flour Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Functional Flour Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 GoodMills Innovation GmbH
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Ingredion Incorporated
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Bunge Limited
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 The Scoular Company
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Caremoli Spa
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 GEMEF Industries
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Functional Flour Market: Key Industry Highlights, 2018 and 2028
2. Global Functional Flour Historical Market: Breakup by Source (USD Million), 2018-2022
3. Global Functional Flour Market Forecast: Breakup by Source (USD Million), 2023-2028
4. Global Functional Flour Historical Market: Breakup by Type (USD Million), 2018-2022
5. Global Functional Flour Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Global Functional Flour Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Functional Flour Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Functional Flour Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Functional Flour Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Functional Flour Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Functional Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Functional Flour Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Functional Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Functional Flour Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Functional Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Functional Flour Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Functional Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Functional Flour Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Functional Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Functional Flour Market Structure.
Key Questions Answered in the Report
The global functional flour market is assessed to grow at a CAGR of 6.5% between 2023 and 2028.
The major market drivers include growing working population, changing lifestyles, rapid urbanisation, and innovative marketing strategies by key market players.
The key market trends include growing R&D activities and the ongoing launches of diversified functional flour by market players.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various sources that are available in the market include grains and legumes.
The different types available for the functional flour include pre-cooked functional flour, and speciality functional flour, among others.
The major market divisions, based on application, include baking and confectionery industry and food processing industry, among others.
The major players in the market are GoodMills Innovation GmbH, Ingredion Incorporated, Bunge Limited, The Scoular Company, Caremoli Spa, and GEMEF Industries, among others.
Analyst Review
The global functional flour market is driven by the increasing disposable income and growing consumption of nutritional food products, along with surging awareness about its health benefits. Aided by ongoing technological advancements and various innovations by key players, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 6.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The functional flour market, by capacity, is divided into grains and legumes. Based on type, the market is segmented into pre-cooked functional flour, speciality functional flour, among others. Based on application, the market is segmented into the baking and confectionery industry and food processing industry, among others. The major regional markets for functional flour are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include GoodMills Innovation GmbH, Ingredion Incorporated, Bunge Limited, The Scoular Company, Caremoli Spa, and GEMEF Industries, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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