HOME Top Market Reports Functional Flours Market by Type (Pre-cooked Flour, Specialty Flour), Application (Bakery, Soups & Sauces, R.T.E Products), Source (Cereals and Legumes), and Region (North America, Europe, Asia-Pacific, Rest of the World) - Global Forecast to 2022

Functional Flours Market by Type (Pre-cooked Flour, Specialty Flour), Application (Bakery, Soups & Sauces, R.T.E Products), Source (Cereals and Legumes), and Region (North America, Europe, Asia-Pacific, Rest of the World) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: November 2016
Report Code: FB 3385

 

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The functional flours market is projected to reach USD 78.00 Billion by 2022, growing at a CAGR of 7.82% from 2016, in terms of value and 156.92 MT by volume by 2022. The objectives of this study are to define, segment, and measure the functional flours market with respect to its type, application, source, and key regions.

Other objectives of this report are as follows:

  • To provide a global analysis of the market structure by identifying various applications of the functional flours market
  • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To provide an analysis of the research & development spending and funding activities in the functional flours market of key companies
  • To analyze the competitive developments— expansions, investments, joint ventures, agreements, and new product launches—in the functional flours market in the last five years

The years considered for the study are:

  • Base year – 2015
  • Estimated year – 2016
  • Projected year – 2022
  • Forecast period – 2016 to 2022

This report includes the estimation of market size for value (USD billion), and volume (MT). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the functional flours market and to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research (the FAO, Bloomberg Businessweek, Factiva, and companies’ annual reports), and their market share has been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Functional Flours Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The various contributors involved in the value chain of functional flours include growers, millers, functional flour manufactures; metal can manufacturers such as Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Bunge Limited (U.S.), Associated British Foods plc (U.K), and General Mills, Inc. (U.S.), The Scoular Company (U.S.), AGRANA Beteiligungs-AG (Austria), The Hain Celestial Group, Inc. (U.S.), SunOpta, Inc. (Canada), and Parrish and Heimbecker, Limited (Canada); government bodies & regulatory associations such as the Food and Drug Administration (FDA), the European Food Safety Agency (EFSA), the Codex Alimentarius, Food Safety and Standards Authority of India (FSSAI), and the Food Safety Australia and New Zealand (FSANZ); flour milling & processing associations such as European Flour Millers, North American Millers' Association, and National Association of British and Irish Flour Millers; and end users such as processed food & beverage manufacturers.

Target Audience

  • Bakery product manufacturers
  • Flour manufacturers
  • Cereal manufacturers
  • Specialty flour manufacturers
  • Flour and wheat suppliers
  • Government bodies
  • Distributors
  • End users (food industry)

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments

Scope of the Report

The functional flours market is segmented as follows:

On the basis of Type

  • Pre-cooked flour
  • Specialty flour
  • Others

On the basis of Application

  • Bakery products
  • Soups & sauces
  • R.T.E  products
  • Others

On the basis of Source

  • Cereals
    • Wheat
    • Rice
    • Corn
    • Other cereals
  • Legumes
    • Soy
    • Beans & lentils
    • Other legumes

On the basis of Region

  • North America
  • Europe
  • Asia-Pacific
  • RoW

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the client-specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Application Analysis

  • Application analysis, which gives a detailed analysis of other applications of functional flours

Regional Analysis

  • Further breakdown of the Rest of World functional flours market into Latin American countries
  • Further breakdown of the Rest of Asia-Pacific functional flours market into key contributing countries

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Periodization Considered
    1.4 Currency Considered
    1.5 Units Considered
    1.6 Stakeholders
    1.7 Limitations

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                     2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                     2.1.2.1 Key Data From Primary Sources
                     2.1.2.2 Key Industry Insights
                     2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Opportunities in the Functional Flours Market
    4.2 Key Functional Flours Markets
    4.3 Functional Flours Market, By Type
    4.4 Europe: Functional Flours Market, By Application & Country
    4.5 Functional Flours Market, By Source & Region
    4.6 Developed vs Emerging Functional Flours Markets
    4.7 Life Cycle Analysis: Functional Flours Market, By Region

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Type
           5.2.2 Application
           5.2.3 Region
    5.3 Market Dynamics
           5.3.1 Drivers
                     5.3.1.1 Increasing Consumption of Convenience and Healthy Food Products
                     5.3.1.2 Increase in Demand for Premium Food Products
                     5.3.1.3 IniTIAtives to Promote Functional Flours
                     5.3.1.4 Intensification of the Global Trade of Functional Flours
           5.3.2 Restraints
                     5.3.2.1 Stringent Government Regulations
                                         5.3.2.1.1 Fortified Flours
                                         5.3.2.1.2 Gluten-Free Flours
                     5.3.2.2 Volatile Commodity Prices
           5.3.3 Opportunities
                     5.3.3.1 Growing Demand for Healthier Low Fat Alternatives
                     5.3.3.2 Emerging Economies: Sole Frontiers of Growth
                                         5.3.3.2.1 Emerging Markets & Changing Consumer Lifestyles
                                         5.3.3.2.2 Growth Opportunities in Untapped Markets
           5.3.4 Challenges
                     5.3.4.1 Lack of Infrastructure and Technological Resources in Developing Countries
    5.4 Supply Chain
    5.5 Industry Insights

6 Functional Flours Market, By Type (Page No. - 44)
    6.1 Introduction
    6.2 Pre-Cooked Flours
    6.3 Specialty Flours
           6.3.1 Gluten-Free Flours
           6.3.2 Pre-Gelatinized Flours
           6.3.3 Enzyme-Treated Flours
           6.3.4 Extruded & ParTIAlly Transformed Flours
    6.4 Other Functional Flours

7 Functional Flours Market, By Application (Page No. - 52)
    7.1 Introduction
    7.2 Bakery Products
           7.2.1 Breads
           7.2.2 Cakes & Pastries
           7.2.3 Donuts & Rolls
           7.2.4 Cookies
           7.2.5 Others
    7.3 Soups & Sauces
    7.4 RT e Products
           7.4.1 Breakfast Cereals
           7.4.2 Snacks
           7.4.3 Pasta Products
           7.4.4 Others
    7.5 Other Applications
           7.5.1 Seasoning Bases and Coatings & Breadings
           7.5.2 Spreads & Infant Formula
           7.5.3 Special Diet Food
           7.5.4 Beverages

8 Functional Flours Market, By Source (Page No. - 63)
    8.1 Introduction
    8.2 Cereals
    8.3 Legumes

9 Functional Flours Market, By Region (Page No. - 71)
    9.1 Introduction
    9.2 North America
           9.2.1 U.S.
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Italy
           9.3.2 U.K.
           9.3.3 Spain
           9.3.4 Germany
           9.3.5 France
           9.3.6 Poland
           9.3.7 Rest of Europe
    9.4 Asia-Pacific
           9.4.1 China
           9.4.2 Japan
           9.4.3 India
           9.4.4 Australia
           9.4.5 Rest of Asia-Pacific
    9.5 Rest of the World (RoW)
           9.5.1 Latin America
           9.5.2 Africa
           9.5.3 The Middle East

10 Competitive Landscape (Page No. - 100)
     10.1 Overview
     10.2 Market Share Analysis
     10.3 Competitive Situation & Trends
               10.3.1 Acquisitions
               10.3.2 Expansions & Investments
               10.3.3 Joint Ventures & Agreements
               10.3.4 New Product Launches

11 Company Profiles (Page No. - 107)
(Overview, Products and Services, Financials, Strategy & Development)*
     11.1 Introduction
     11.2 Cargill, Incorporated
     11.3 Archer Daniels Midland Company
     11.4 Bunge Limited
     11.5 Associated British Foods PLC 
     11.6 General Mills, Inc.
     11.7 The Scoular Company
     11.8 Agrana Beteiligungs-AG
     11.9 The Hain Celestial Group Inc.
     11.10 Sunopta, Inc.
     11.11 Parrish and Heimbecker, Limited

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

12 Appendix (Page No. - 130)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports


List of Tables (74 Tables)

Table 1 Global Functional Flours Market Snapshot
Table 2 Functional Flours Market Size, By Type, 2014–2022 (USD Billion)
Table 3 Market Size, By Type, 2014–2022 (MT)
Table 4 Pre-Cooked Flours Market Size, By Region, 2014–2022 (USD Billion)
Table 5 Pre-Cooked Flours Market Size, By Region, 2014–2022 (MT)
Table 6 Specialty Flours Market Size, By Region, 2014–2022 (USD Billion)
Table 7 Specialty Flours Market Size, By Region, 2014–2022 (MT)
Table 8 Other Functional Flours Market Size, By Region, 2014–2022 (USD Billion)
Table 9 Other Functional Flours Market Size, By Region, 2014–2022 (MT)
Table 10 Functional Flours Market Size, By Application, 2014–2022 (USD Billion)
Table 11 Market Size, By Application, 2014–2022 (MT)
Table 12 Functional Flours in Bakery Products Market Size, By Region, 2014–2022 (USD Billion)
Table 13 Functional Flours in Bakery Products Market Size, By Region, 2014–2022 (MT)
Table 14 Functional Flours in Soups & Sauces Market Size, By Region, 2014–2022 (USD Billion)
Table 15 Functional Flours in Soups & Sauces Market Size, By Region, 2014–2022 (MT)
Table 16 Functional Flours in RT e Products Market Size, By Region, 2014–2022 (USD Billion)
Table 17 Functional Flours in RT e Products Market Size, By Region, 2014–2022 (MT)
Table 18 Functional Flours in Other Applications Market Size, By Region, 2014–2022 (USD Billion)
Table 19 Functional Flours in Other Applications Market Size, By Region, 2014–2022 (MT)
Table 20 Functional Flours Market Size, By Source, 2014–2022 (USD Billion)
Table 21 Market Size, By Source, 2014–2022 (MT)
Table 22 Cereal-Based Functional Flours Market Size, By Type, 2014–2022 (USD Billion)
Table 23 Cereal-Based Functional Flours Market Size, By Type, 2014–2022 (MT)
Table 24 Cereal-Based Functional Flours Market Size, By Region, 2014–2022 (USD Billion)
Table 25 Cereal-Based Functional Flours Market Size, By Region, 2014–2022 (MT)
Table 26 Legume-Based Functional Flours Market Size, By Type, 2014–2022 (USD Billion)
Table 27 Legume-Based Functional Flours Market Size, By Type, 2014–2022 (MT)
Table 28 Legume-Based Functional Flours Market Size, By Region, 2014–2022 (USD Billion)
Table 29 Legume-Based Functional Flours Market Size, By Region, 2014–2022 (MT)
Table 30 Functional Flours Market Size, By Region, 2014-2022 (USD Billion)
Table 31 Market Size, By Region, 2014–2022 (MT)
Table 32 North America: Functional Flours Market Size, By Country, 2014-2022 (USD Billion)
Table 33 North America: Market Size, By Country, 2014–2022 (MT)
Table 34 North America: Functional Flours Market Size, By Type, 2014–2022 (USD Billion)
Table 35 North America: Market Size, By Type, 2014–2022 (MT)
Table 36 North America: Pre-Cooked Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 37 North America: Pre-Cooked Flours Market Size, By Country, 2014–2022 (MT)
Table 38 North America: Specialty Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 39 North America: Specialty Flours Market Size, By Country, 2014–2022 (MT)
Table 40 North America: Other Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 41 North America: Other Flours Market Size, By Country, 2014–2022 (MT)
Table 42 Europe: Functional Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 43 Europe: Market Size, By Country, 2014–2022 (MT)
Table 44 Europe: Functional Flours Market Size, By Type, 2014–2022 (USD Billion)
Table 45 Europe: Market Size, By Type, 2014–2022 (MT)
Table 46 Europe: Pre-Cooked Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 47 Europe: Pre-Cooked Flours Market Size, By Country, 2014–2022 (MT)
Table 48 Europe: Specialty Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 49 Europe: Specialty Flours Market Size, By Country, 2014–2022 (MT)
Table 50 Europe: Other Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 51 Europe: Other Flours Market Size, By Country, 2014–2022 (MT)
Table 52 Asia-Pacific: Functional Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 53 Asia-Pacific: Market Size, By Country, 2014–2022 (MT)
Table 54 Asia-Pacific: Functional Flours Market Size, By Type, 2014–2022 (USD Billion)
Table 55 Asia-Pacific: Market Size, By Type, 2014–2022 (MT)
Table 56 Asia-Pacific: Pre-Cooked Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 57 Asia-Pacific: Pre-Cooked Flours Market Size, By Country, 2014–2022 (MT)
Table 58 Asia-Pacific: Specialty Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 59 Asia-Pacific: Specialty Flours Market Size, By Country, 2014–2022 (MT)
Table 60 Asia-Pacific: Other Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 61 Asia-Pacific: Other Flours Market Size, By Country, 2014–2022 (MT)
Table 62 RoW: Functional Flours Market Size, By Region, 2014–2022 (MT)
Table 63 RoW: Functional Flours Market Size, By Type, 2014–2022 (USD Billion)
Table 64 RoW: Market Size, By Type, 2014–2022 (MT)
Table 65 RoW: Pre-Cooked Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 66 RoW: Pre-Cooked Flours Market Size, By Country, 2014–2022 (MT)
Table 67 RoW: Specialty Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 68 RoW: Specialty Flours Market Size, By Country, 2014–2022 (MT)
Table 69 RoW: Other Flours Market Size, By Country, 2014–2022 (USD Billion)
Table 70 RoW: Other Flours Market Size, By Country, 2014–2022 (MT)
Table 71 Acquisitions, 2012–2016
Table 72 Expansions & Investments, 2012–2016
Table 73 Joint Ventures & Agreements, 2012–2016
Table 74 New Product Launches, 2012–2016
 
 
List of Figures (51 Figures)
 
Figure 1 Market Segmentation
Figure 2 Functional Flours Market: Research Design
Figure 3 Breakdown of Primary Interviews, By Company Type, Designation, and Region
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Specialty Flours Segment to Dominate the Global Functional Flours Market, in Terms of Value (2016–2022)
Figure 8 Soups & Sauces Segment is Estimated to Grow at the Highest CAGR From 2016 to 2022 (USD Billion)
Figure 9 Cereals Segment to Lead the Functional Flours Market
Figure 10 Asia-Pacific Projected to Be the Fastest-Growing Regional Functional Flours Market
Figure 11 Opportunities in the Functional Flours Market, 2016–2022
Figure 12 Asia-Pacific to Register A High Growth Rate From 2016 to 2022
Figure 13 North America is Estimated to Dominate the Functional Flours Market, By Type, in 2016
Figure 14 RTE Products Segment is Estimated to Dominate the European Functional Flours Market in 2016
Figure 15 Cereals Segment is Projected to Grow at the Highest Rate From 2016 to 2022
Figure 16 China & Australia are Projected to Be the Most Attractive Markets for Functional Flours, 2016–2022
Figure 17 Asia-Pacific Market is Projected to Grow at A Significant Rate, 2016–2022
Figure 18 Functional Flours Market Segmentation, By Type
Figure 19 Market Segmentation, By Application
Figure 20 Market Segmentation, By Source
Figure 21Market Segmentation, By Region
Figure 22 Growing Demand for Convenience Food Products is an Important Driver of the Market
Figure 23 Raw Material Suppliers are Vital Components of the Supply Chain
Figure 24 Technological Developments is the Most Prevailing Strategic Trend in the Functional Flours Industry
Figure 25 Functional Flours Market Size, By Type, 2016 vs 2022 (USD Billion)
Figure 26 Market Size, By Type, 2016 vs 2022 (MT)
Figure 27 Functional Flours Market Size, By Application, 2016 vs 2022 (USD Billion)
Figure 28 Functional Flours Market, By Source, 2016 vs 2022 (USD Billion)
Figure 29 Market, By Source, 2016 vs 2022 (MT)
Figure 30 Geographic Snapshot (2016-2022): Markets in Asia-Pacific are Emerging as New Hot Spots
Figure 31 North American Functional Flours Market Snapshot
Figure 32 European Functional Flours Market Snapshot
Figure 33 RoW: Functional Flours Market Size, By Region, 2014-2022 (USD Billion)
Figure 34 Expansons & Investments:The Most Preferred Strategy By Key Players, 2012–October 2016
Figure 35 Functional Flours Market Share Analysis, 2015
Figure 36 Acquisitions Fueled Growth, 2012–October 2016
Figure 37 Acquisitions: the Key Strategy, 2012–October 2016
Figure 38 Geographical Revenue Mix of Top Five Players
Figure 39 Cargill: Company Snapshot
Figure 40 Cargill: SWOT Analysis
Figure 41 ADM: Company Snapshot
Figure 42 ADM: SWOT Analysis
Figure 43 Bunge: Company Snapshot
Figure 44 Bunge: SWOT Analysis
Figure 45 ABF: Company Snapshot
Figure 46 ABF: SWOT Analysis
Figure 47 General Mills: Company Snapshot
Figure 48 General Mills: SWOT Analysis
Figure 49 Agrana: Company Snapshot
Figure 50 Hain Celestial: Company Snapshot
Figure 51 Sunopta: Company Snapshot

The global market for functional flours is projected to reach USD 78.00 Billion by 2022, growing at a CAGR of 7.82% from 2016, in terms of value, and 156.92 MT by volume by 2022. The rise in demand from industries such as bakery, R.T.E products, and soups & sauces is driving the functional flours market. Rise in consumer spending on processed food products is also estimated to be the key driving factor for the functional flours market. Government initiatives to promote the functional flours industry and increase in trade of these commodities have complemented the overall growth of this industry. However, strict food labeling legislations and seasonal variations affecting the supply of raw materials with fluctuating prices restrain the growth of the market.

The functional flours market is segmented on the basis of type into pre-cooked flours, specialty flours, and other flours (enriched flours, instant flour mixes, and composite flours). The specialty flours segment is projected to grow at a higher rate in terms of value, as food manufacturers use more gluten-free flours for the production of bakery and R.T.E products. The demand for specialty flours such as gluten-free flours and enriched flours is rising, owing to the increase in consumer awareness about health issues. Based on source, the functional flours market is segmented into cereals and legumes. The cereals segment dominated the functional flours market due to the growth of food processing industries.

Based on application, the global market is segmented into bakery products, soups & sauces, R.T.E products, and others (including seasoning bases, coatings & breadings, spreads & infant formula, special diet foods, and beverages.) The R.T.E products segment dominated the functional flours market due to rise in population and increase in disposable incomes, affecting market dynamics significantly. RTE products such as breakfast cereals, snacks, and pastas offer convenient snacking options and are thus very popular among the urban, working population.

On the basis of region, the global market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America dominated the global functional flours market due to the presence of a developed food processing industry and a higher consumption of bakery and R.T.E products in this region.

Functional Flours Market

Stringent government regulations and volatile commodity prices are the major restraints for the growth of the global functional flours industry. Increase in demand for premium food products, growth in consumption of convenience and healthy food products, and intensification of the global trade of functional flours are the primary driving factors for global functional flours market.

The functional flours market is fragmented and competitive, with a large number of players operating at regional and local levels. The key players in the market adopted expansions & investments as their preferred growth strategies. The key players include Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Bunge Limited (U.S.), Associated British Foods plc (U.K), and General Mills, Inc. (U.S.). Other players such as The Scoular Company (U.S.), AGRANA Beteiligungs-AG (Austria), The Hain Celestial Group, Inc. (U.S.), SunOpta, Inc. (Canada), and Parrish and Heimbecker, Limited (Canada) also have a strong presence in the global functional flours market.

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