Health Benefits of Wheat Flour to Escalate Market Growth at 2.8% CAGR during 2020-2027
According to the latest market study on Wheat Flour Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Product Type ( All-Purpose Flour, Semolina and Durum Flour, Whole-Wheat Flour, Bread Flour, Others ); Application ( Bread, Bakery Products, Noodles and Pasta, Others ); End User ( Residential, Commercial ); Distribution Channel ( Supermarkets and Hypermarkets, Convenience Stores, Online, Others ), the market was valued at US$ 181,377.66 million in 2019 and is projected to reach US$ 219,995.42 million by 2027; it is expected to grow at a CAGR of 2.8% during 2020-2027. The report highlights key driving factors and prominent market players along with their developments in the market.
The wheat flour market has experienced tremendous growth in the past on the back of the development in food processing technologies and an increase in the demand for fast & convenience foods. The upsurge in demand for bakery products, snacks, noodles, and pasta, among others, has also bolstered the wheat flour market growth. Gluten is a naturally occurring protein in wheat, and it is responsible for the shape of the baked goods as it helps make the dough more elastic when kneaded. The amount of gluten may vary according to different varieties of wheat flour available. Low-gluten wheat variety is termed as soft or weak,and the high-gluten wheat variety is referred to as hard or strong. Different types of wheat flour are available in the market, which are used in specific applications to obtain the best possible finished product.
Wheat flour is widely known for its nutritional properties and abilities such as reducing cholesterol levels, regulating metabolism, minimizing obesity, and balancing blood sugar levels. Additionally, wheat flour is formed of highly nutritious fiber, which has abundant presence of essential nutrients such as vitamins, minerals, and catalytic elements, especially vitamin B and E. The consumption of wheat flour is also perceived to alleviate the risk of breast cancer by boosting the metabolic rate of estrogen. Moreover, wheat flour is known to impart nourishment, skin protection, and energy required for overall body functions. Rising inclination toward healthy lifestyle and growing incidence of diabetes, cancer, and other such diseases are among the factors driving the growth of the wheat flour market.
The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace globally. Lockdowns, travel bans, and business shutdown measures implemented to the spread of infection have led to the limitations on the supplies of food and beverages products. This represents a significant loss for wheat flour manufacturers.
Archer Daniels Midland Company, Acarsan Holding, Allied Pinnacle Pty Limited, Ardent Mills LLC, General Mills Inc, George Weston Foods Limited, ITC Limited, The King Arthur Baking Company, KORFEZ Flour Group, and Manildra Group are among the well-established players in the global wheat flour market.
The report segments the global wheat flour market as follows:
By Product Type
By End User
By Application
By Distribution Channel
By Geography
§ Canada
§ Mexico
§ UK
§ France
§ Italy
§ Russia
§ Rest of Europe
§ China
§ India
§ Japan
§ Rest of APAC
§ Saudi Arabia
§ UAE
§ Rest of MEA
§ Argentina
§ Rest of South America
Reasons to Buy:
According to the latest market study on Wheat Flour Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Product Type ( All-Purpose Flour, Semolina and Durum Flour, Whole-Wheat Flour, Bread Flour, Others ); Application ( Bread, Bakery Products, Noodles and Pasta, Others ); End User ( Residential, Commercial ); Distribution Channel ( Supermarkets and Hypermarkets, Convenience Stores, Online, Others ), the market was valued at US$ 181,377.66 million in 2019 and is projected to reach US$ 219,995.42 million by 2027; it is expected to grow at a CAGR of 2.8% during 2020-2027. The report highlights key driving factors and prominent market players along with their developments in the market.
The wheat flour market has experienced tremendous growth in the past on the back of the development in food processing technologies and an increase in the demand for fast & convenience foods. The upsurge in demand for bakery products, snacks, noodles, and pasta, among others, has also bolstered the wheat flour market growth. Gluten is a naturally occurring protein in wheat, and it is responsible for the shape of the baked goods as it helps make the dough more elastic when kneaded. The amount of gluten may vary according to different varieties of wheat flour available. Low-gluten wheat variety is termed as soft or weak,and the high-gluten wheat variety is referred to as hard or strong. Different types of wheat flour are available in the market, which are used in specific applications to obtain the best possible finished product.
Wheat flour is widely known for its nutritional properties and abilities such as reducing cholesterol levels, regulating metabolism, minimizing obesity, and balancing blood sugar levels. Additionally, wheat flour is formed of highly nutritious fiber, which has abundant presence of essential nutrients such as vitamins, minerals, and catalytic elements, especially vitamin B and E. The consumption of wheat flour is also perceived to alleviate the risk of breast cancer by boosting the metabolic rate of estrogen. Moreover, wheat flour is known to impart nourishment, skin protection, and energy required for overall body functions. Rising inclination toward healthy lifestyle and growing incidence of diabetes, cancer, and other such diseases are among the factors driving the growth of the wheat flour market.
The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace globally. Lockdowns, travel bans, and business shutdown measures implemented to the spread of infection have led to the limitations on the supplies of food and beverages products. This represents a significant loss for wheat flour manufacturers.
Archer Daniels Midland Company, Acarsan Holding, Allied Pinnacle Pty Limited, Ardent Mills LLC, General Mills Inc, George Weston Foods Limited, ITC Limited, The King Arthur Baking Company, KORFEZ Flour Group, and Manildra Group are among the well-established players in the global wheat flour market.
The report segments the global wheat flour market as follows:
By Product Type
- All-Purpose Flour
- Bread Flour
- Semolina and Durum Flour
- Whole Wheat Flour
- Others
By End User
- Residential
- Commercial
By Application
- Bread
- Bakery Products
- Noodles and Pasta
- Others
By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Store
- Online
- Others
By Geography
- North America
§ Canada
§ Mexico
- Europe
§ UK
§ France
§ Italy
§ Russia
§ Rest of Europe
- Asia Pacific (APAC)
§ China
§ India
§ Japan
§ Rest of APAC
- Middle East and Africa (MEA)
§ Saudi Arabia
§ UAE
§ Rest of MEA
- South America
§ Argentina
§ Rest of South America
Reasons to Buy:
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global wheat flour market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Table of Contents
1. Introduction
3. Research Methodology
4. Wheat Flour Market Landscape
5. Wheat Flour Market - Key Industry Dynamics
6. Wheat Flour - Global Market Analysis
7. Wheat Flour Market Analysis - By Product Type
8. Wheat Flour Market Analysis - By Application
9. Wheat Flour Market Analysis - By End User
10. Wheat Flour Market Analysis - By Distribution Channel
11. Wheat Flour Market - Geographic Analysis
12. Impact of COVID-19 Pandemic on Global Wheat Flour Market
13. Industry Landscape
14. Company Profiles
15. Appendix
Companies Mentioned
- Archer Daniels Midland Company
- Acarsan Holding
- Allied Pinnacle
- Ardent Mills
- General Mills Inc
- George Weston Foods Limited
- ITC Limited
- The King Arthur Baking Company
- KORFEZ Flour Group
- Manildra Group