- Fortified Flours
- Gluten-Free Flours
- Specialty Flour
- Pre-Cooked Flours
Functional Flour Market size was valued at USD 78 billion in 2022 and is poised to grow at a significant CAGR of 7.82% from 2023-2029. Functional flour is the hydro-thermally treated flours. They are also known as HT flours. The flours are made of various types of grains such as rice, wheat, and maize which contain less gluten than the conventional wheat flours. These functional flours are treated to enhance the nutrient quality which plays a prominent role in adding benefits to health. Functional flours are used as active components in the production of high-quality food that is also healthier than regular meals. Consumers today are less interested in mid-market items. These customers are exhibiting a trend in which they are reducing their spending on basic goods and instead experimenting with new premium products in the functional flour market. This development in functional flour has been most noticeable in baking goods containing such flour. Women are the primary drivers of this surge in premium food purchases. Another factor for premium foods' popularity is internet selling, which offers substantial discounts. For critical nutrients, consumers all across the world are attempting to incorporate a combination of grains, cereals, and lentils into their daily diets. Furthermore, rising gluten allergies are fueling demand for non-wheat flour. Functional flours, such as soy flour, rye flour, and oat flour, are in high demand as a result of this. Functional flours are modified wheat or non-traditional flours that promise to promote health and provide additional health advantages beyond those provided by flour's nutrients. Flours supplemented with vitamins, herbs, and even nutraceuticals are examples of functional flour.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Increase in the health consciousness among the people is the key factor driving the growth of the functional flour market. The rising demand for the bakery products and ready-to-eat bakery products such as buns, biscuits, and cakes are boosting the growth of the functional flour market. The growing demand for flours from the food processed industry is anticipated to drive the growth of the functional flour market. However, the high cost of the raw material is hampering the growth of the market. The stringent government regulations are likely to hamper the growth of the functional flour market over the forecast period.
The functional flour market size was valued at USD x million in 2022
The functional flour market key players are: The Hain Celestial Group, Inc. (U.S.) SunOpta, Inc. (Canada) Parrish and Heimbecker, Limited (Canada) Cargill, Incorporated (U.S.) Archer Daniels Midland Company (U.S.) Bunge Limited (U.S.) General Mills, Inc. (U.S.) Associated British Foods plc (U.K)
The functional flour market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1.Executive Summary |
2.Global Functional Flour Market Introduction |
2.1.Global Functional Flour Market - Taxonomy |
2.2.Global Functional Flour Market - Definitions |
2.2.1.Type |
2.2.2.Source |
2.2.3.Application |
2.2.4.Region |
3.Global Functional Flour Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Functional Flour Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Functional Flour Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
5.1. Fortified Flours |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Gluten-Free Flours |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Specialty Flour |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Pre-Cooked Flours |
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6.Global Functional Flour Market By Source, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
6.1. Maize |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Rice |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Wheat |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global Functional Flour Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
7.1. Bakery |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Soups and Sauces |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Ready-to-Eat Products |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8.Global Functional Flour Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Functional Flour Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Fortified Flours |
9.1.2.Gluten-Free Flours |
9.1.3.Specialty Flour |
9.1.4.Pre-Cooked Flours |
9.2. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Maize |
9.2.2.Rice |
9.2.3.Wheat |
9.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Bakery |
9.3.2.Soups and Sauces |
9.3.3.Ready-to-Eat Products |
9.3.4.Others |
9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Functional Flour Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Fortified Flours |
10.1.2.Gluten-Free Flours |
10.1.3.Specialty Flour |
10.1.4.Pre-Cooked Flours |
10.2. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Maize |
10.2.2.Rice |
10.2.3.Wheat |
10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Bakery |
10.3.2.Soups and Sauces |
10.3.3.Ready-to-Eat Products |
10.3.4.Others |
10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
10.4.6.Rest of EU |
11.Asia Pacific (APAC) Functional Flour Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Fortified Flours |
11.1.2.Gluten-Free Flours |
11.1.3.Specialty Flour |
11.1.4.Pre-Cooked Flours |
11.2. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Maize |
11.2.2.Rice |
11.2.3.Wheat |
11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Bakery |
11.3.2.Soups and Sauces |
11.3.3.Ready-to-Eat Products |
11.3.4.Others |
11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Functional Flour Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Fortified Flours |
12.1.2.Gluten-Free Flours |
12.1.3.Specialty Flour |
12.1.4.Pre-Cooked Flours |
12.2. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Maize |
12.2.2.Rice |
12.2.3.Wheat |
12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Bakery |
12.3.2.Soups and Sauces |
12.3.3.Ready-to-Eat Products |
12.3.4.Others |
12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Functional Flour Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Fortified Flours |
13.1.2.Gluten-Free Flours |
13.1.3.Specialty Flour |
13.1.4.Pre-Cooked Flours |
13.2. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Maize |
13.2.2.Rice |
13.2.3.Wheat |
13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Bakery |
13.3.2.Soups and Sauces |
13.3.3.Ready-to-Eat Products |
13.3.4.Others |
13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.The Hain Celestial Group, Inc. (U.S) |
14.2.2.SunOpta, Inc. (Canada) |
14.2.3.Parrish and Heimbecker, Limited (Canada) |
14.2.4.Cargill, Incorporated (U.S) |
14.2.5.Archer Daniels Midland Company (U.S) |
14.2.6.Bunge Limited (U.S) |
14.2.7.General Mills, Inc. (U.S) |
14.2.8.Associated British Foods plc (U.K) |
15. Research Methodology |
16. Appendix and Abbreviations |