The Global Toasted Flour Market size is expected to reach $112.7 billion by 2031, rising at a market growth of 7.6% CAGR during the forecast period.
Toasted flour imparts a rich, nutty flavor and a pleasant aroma to bread and bakery products. This enhances the sensory appeal of these products, making them more attractive to consumers who seek distinctive and enjoyable eating experiences. Hence, the bread & bakery products segment registered$20.32 billion revenue in the market in 2023. The toasting process alters the physical properties of the flour, resulting in a finer texture that can improve the crumb structure and overall mouthfeel of bread and baked goods. This leads to products with a desirable consistency and texture, which are highly valued in the bakery industry.
With the rise in health consciousness, more consumers are adopting gluten-free diets due to perceived health benefits. Consuming gluten can cause digestive troubles and other health complications in people with celiac disease, gluten intolerance, or sensitivity. Therefore, they seek alternative ingredients like toasted flour, which is naturally gluten-free and safe for consumption. As the popularity of gluten-free baking grows, so does the demand for toasted flour as a premium ingredient. In conclusion, increased demand for gluten-free products drives the market's growth.
Additionally, The COVID-19 pandemic and related lockdowns have led to more people spending time at home. Many individuals have turned to home-based activities, including baking, with limited outdoor and dining options. As a result, there has been a surge in home baking as a popular pastime and creative outlet. Toasted flour, with its unique flavor profile and versatility, provides an exciting ingredient for home bakers to incorporate into their creations, adding depth and complexity to their baked goods. Thus, the rising home baking trend is propelling the market's growth.
However, Toasted flour production requires specialized equipment and infrastructure. Manufacturers must invest in roasting ovens, milling machinery, and facilities that meet food safety standards. The initial capital investment can be substantial, especially for small-scale producers or those transitioning from conventional flour production. Handling raw materials, managing manufacturing workflows, and operating and maintaining equipment requires skilled workers. Labor-intensive processes increase operational costs and labor overheads. Therefore, high production costs are hindering the growth of the market.
Toasted flour imparts a rich, nutty flavor and a pleasant aroma to bread and bakery products. This enhances the sensory appeal of these products, making them more attractive to consumers who seek distinctive and enjoyable eating experiences. Hence, the bread & bakery products segment registered$20.32 billion revenue in the market in 2023. The toasting process alters the physical properties of the flour, resulting in a finer texture that can improve the crumb structure and overall mouthfeel of bread and baked goods. This leads to products with a desirable consistency and texture, which are highly valued in the bakery industry.
With the rise in health consciousness, more consumers are adopting gluten-free diets due to perceived health benefits. Consuming gluten can cause digestive troubles and other health complications in people with celiac disease, gluten intolerance, or sensitivity. Therefore, they seek alternative ingredients like toasted flour, which is naturally gluten-free and safe for consumption. As the popularity of gluten-free baking grows, so does the demand for toasted flour as a premium ingredient. In conclusion, increased demand for gluten-free products drives the market's growth.
Additionally, The COVID-19 pandemic and related lockdowns have led to more people spending time at home. Many individuals have turned to home-based activities, including baking, with limited outdoor and dining options. As a result, there has been a surge in home baking as a popular pastime and creative outlet. Toasted flour, with its unique flavor profile and versatility, provides an exciting ingredient for home bakers to incorporate into their creations, adding depth and complexity to their baked goods. Thus, the rising home baking trend is propelling the market's growth.
However, Toasted flour production requires specialized equipment and infrastructure. Manufacturers must invest in roasting ovens, milling machinery, and facilities that meet food safety standards. The initial capital investment can be substantial, especially for small-scale producers or those transitioning from conventional flour production. Handling raw materials, managing manufacturing workflows, and operating and maintaining equipment requires skilled workers. Labor-intensive processes increase operational costs and labor overheads. Therefore, high production costs are hindering the growth of the market.
Driving and Restraining Factors
Drivers- Increased Demand for Gluten-Free Products
- Rising Home Baking Trend
- Expansion of the Food Industry Worldwide
- High Production Costs
- Limited Shelf Life of Toasted Flour
- Expansion Into Online Retail Channels
- Advancements In Food Processing Technology
- Strong Competition from Conventional Flours
- Artisanal Manufacturing Challenges
Application Outlook
On the basis of application, the market is classified into bread & bakery products, noodles & pasta, crackers, cookies & biscuits, animal feed, and others. The animal feed segment held 14% revenue share in the market in 2023. The toasting process can reduce microbial contamination, including pathogens such as bacteria and molds. This enhances the safety of the feed, reducing the risk of infections and diseases in livestock. Toasted flour can have a higher energy density compared to raw flour, providing more calories per unit weight.Distribution Channel Outlook
By distribution channel, the market is divided into hypermarkets, convenience stores, and online stores. The hypermarkets segment procured 29% revenue share in the market in 2023. Hypermarkets have a wide assortment of goods, such as different kinds of flour and specialty items like toasted flour. The availability of a broad selection attracts consumers looking for specific ingredients and diverse options in one place.
Type Outlook
Based on type, the market is divided into soybean flour, corn flour, wheat flour, and others. In 2023, the wheat flour segment garnered 39% revenue share in the market. Wheat has ideal properties for toasting, including its protein and starch composition. When toasted, wheat develops a desirable flavor and texture that is highly valued in various culinary applications. Wheat flour is highly versatile and can be used in various products, from baked goods to soups and sauces.Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe region witnessed 42% revenue share in the market in 2023. European cuisine has a rich tradition of using various types of flour in baking and cooking. With its unique flavor and texture, toasted flour fits well into many traditional and modern European recipes, from artisanal breads to gourmet pastries. Europe has a strong demand for artisanal and gourmet food products.List of Key Companies Profiled
- P&H Milling Group (Parrish & Heimbecker Ltd.)
- Archer Daniels Midland Company
- Grain Processing Corporation (Kent Corporation)
- Cargill, Incorporated
- ITC Limited
- Bob's Red Mill Natural Foods, Inc.
- King Arthur Flour Company, Inc.
- Ardent Mills
- Conagra Brands, Inc.
- Bunge Limited
Market Report Segmentation
By Type- Wheat Flour
- Soybean Flour
- Corn Flour
- Others
- Convenience Stores
- Hypermarkets
- Online Stores
- Bread & Bakery Products
- Crackers, Cookies & Biscuits
- Noodles & Pasta
- Animal Feed
- Others
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Global Toasted Flour Market by Type
Chapter 5. Global Toasted Flour Market by Distribution Channel
Chapter 6. Global Toasted Flour Market by Application
Chapter 7. Global Toasted Flour Market by Region
Chapter 8. Company Profiles
Companies Mentioned
- P&H Milling Group (Parrish & Heimbecker Ltd.)
- Archer Daniels Midland Company
- Grain Processing Corporation (Kent Corporation)
- Cargill, Incorporated
- ITC Limited
- Bob's Red Mill Natural Foods, Inc.
- King Arthur Flour Company, Inc.
- Ardent Mills
- Conagra Brands, Inc.
- Bunge Limited
Methodology
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