Global Functional Flours Probe Market valued approximately USD 48.22 billion in 2016 is forecasted to grow with a healthy growth rate of more than 7.34% over the forecast period 2018-2025. The major factors speculated to augment the markets are increasing trade of the functional flour and escalating consumer spending along with the beneficial government ordinances imposed in order to encourage the consumption of healthy products. Functional Flours are defined as those special type of products which are hydro-thermally treated for a diversity of applications in the food & beverages industry. The functional flours are treated and manufactured to have improved nutrient qualities with health-related benefits. The regional analysis of Global Functional Flours Probe Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe and North American regions are the leading region across the world in terms of market share. Whereas, owing to countries viz. India, Indonesia, China, and Japan, the Asia Pacific region is expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Raw Material: Soy Wheat Rice Maize Beans Others
By Type: Specialty Flour Pre-cooked Flour
By Product: Additive Based Flour Conventional Flour Genetically Modified Flour
By Application: Bakery Products Soups & Sauces Noodles & Pasta Ready-To-Eat Products
By Regions: North America o U.S. o Canada Europe o UK o Germany Asia Pacific o China o India o Japan Latin America o Brazil o Mexico Rest of the World
Furthermore, years considered for the study are as follows: Historical year – 2015, 2016 Base year – 2017 Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include ITC Ltd., Cargill Inc., ConAgra Foods, Inc., Archer Daniels Midland Company, Parrish and Heimbecker Ltd., The Scoular Company, The Caremoli Group, Associated British Foods plc, Ingredion Inc., General Mills, Inc., and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Target Audience of the Functional Flours Probe Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors
