Wheat flour is a fine and coarse powder manufactured by grinding or milling of the whole grain of wheat, which is one of the primary raw materials used worldwide for making flour. During 2014-2018, the global flour market grew at a CAGR of around 1%. The market is currently being driven by growing population with rise in per capita income, increasing awareness towards convenient staple foods and rising demand of nutritional and high protein flour products. This report by Expert Market Research entitled “Wheat Flour Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the wheat flour market.
Historical market trends for the wheat flour industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global wheat flour market into the following regions – North America, Asia-Pacific, Europe and other major regions. Asia-pacific currently represents the largest market. Within Asia Pacific, China and India currently represent the biggest markets. On the basis of product type, the global wheat flour market has been segmented as whole wheat flour, semolina flour, high gluten flour and others. Additionally, the report has also analysed the market on the basis of end-use which include noodles and pasta, bakery and confectionery, and the feed industry.
The value chain analysis of wheat flour has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study asses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analyzing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the wheat flour industry has also been provided. Some of the key players in this market include ConAgra Mills, Cargill, Archer Daniels Midland Company, Ardent Mills, The King Milling Company, etc.
This report provides an exhaustive insight for setting-up and running a wheat flour manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global wheat flour market?
- Which are the biggest markets (regions) for wheat flour?
- What are the major types of wheat flours? Which are the most popular?
- What are the key application areas for wheat flour?
- Who are the key manufacturers in the wheat flour market?
- What are the land and construction requirements to start a wheat flour manufacturing plant?
- What are the machinery requirements to start a wheat flour manufacturing plant?
- How is wheat flour priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a wheat flour manufacturing plant?
- What are the running costs of a wheat flour manufacturing plant?
- How much revenue can a wheat flour manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the wheat flour industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.