The functional flours market is directly influenced by the growing processed food industry. The rise in consumption of bakery and R.T.E products in developing economies is driving the market. Busy work schedules demand on-the-go consumption and convenient meals. In addition to this, health and wellness consciousness among consumers, and rise in income levels have boosted sales of functional flours as base ingredients and thickening agents. Food safety legislations and health hazards of gluten (for gluten-sensitive individuals) have helped in educating consumers about the benefits offered by functional flours in food products. In light of the benefits offered by different functional flours, and the increasing demand for bakery and R.T.E. products, governments of various countries are promoting the functional flours industry, assisting the manufacturers and suppliers of this industry.
The Spain Functional Flour industry has a rather high concentration. The major manufacturers are Harinera del Mar, Oromas, Harimsa, Haricaman and Comercial Gallo. At present, Harinera del Mar is the leader, holding 22.45% Sales market share in 2017.
Functional Flour downstream is wide and recently Functional Flour has acquired increasing significance in various fields of Bakery, Soups & Sauces, R.T.E Products and others. The Functional Flour market is mainly driven by growing demand for Bakery. Bakery accounts for nearly 57.33% of total downstream consumption of Functional Flour in Spain.
Functional Flour can be mainly divided into Pre-Cooked Flour and Specialty Flour which Specialty Flour captures about 76.07% of Functional Flour market in 2017.
Spain market is expected to witness significant growth on account of rising applications, so in the next few years, Functional Flour consumption will show a trend of steady growth.
According to this study, over the next five years the Functional Flour market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Functional Flour business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Functional Flour market by product type, application, key manufacturers and key regions and countries.
This study considers the Functional Flour value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pre-Cooked Flour
Specialty Flour
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Bakery
Soups & Sauces
R.T.E Products
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Harinera del Mar
Oromas
Harimsa
Haricaman
Comercial Gallo
Unilever (MAIZENA)
Harinera Vilafranquina
Ebro Foods (Santa Rita Harinas)
Ingredion
Limagrain
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Functional Flour consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Functional Flour market by identifying its various subsegments.
Focuses on the key global Functional Flour manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Functional Flour with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Functional Flour submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Functional Flour . Industry analysis & Market Report on Functional Flour is a syndicated market report, published as Global Functional Flour Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Functional Flour market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.