Those with gluten allergies prefer alternative flours or substitute flours, but it is also considered an excellent option to add nutrients. There are so many alternative flours, each with its unique flavors and baking properties. Amaranth flour, banana flour, buckwheat flour, chickpea flour, coconut flour, millet flour, nut flours, oat flour, potato flour, quinoa flour, sorghum flour are the most common alternative flours sold in the market.
MARKET DYNAMICS
The alternative flours market has witnessed significant growth due to the rise in food industry. Moreover, rising prevalence of allergies to wheat provides a huge market opportunity for the key players operating in the alternative flours market. However, strict government regulations are projected to hamper the overall growth of the alternative flours market in the forecast period.
MARKET SCOPE
The "Global Alternative Flours Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the alternative flours market with detailed market segmentation type, category, distribution channel, and geography. The global alternative flours market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading alternative flours market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global alternative flours market is segmented on the basis of type, category, and distribution channel. On the basis of type, the global alternative flours market is divided into corn flour, rice flour, sweet potato flour, quinoa flour, and others. On the basis of category, the global alternative flours market is divided into organic and conventional. On the basis of distribution channel, the global alternative flours market is divided into supermarkets & hypermarkets, specialty stores, online retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global alternative flours market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The alternative flours market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the alternative flours market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the alternative flours market in these regions.
MARKET PLAYERS
The reports cover key developments in the alternative flours market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from alternative flours market is anticipated to lucrative growth opportunities in the future with the rising demand for alternative flours in the global market. Below mentioned is the list of few companies engaged in the alternative flours market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the alternative flours market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ADM
- Bunge
- Cargill
- Carolina Innovative Food Ingredients
- COFCO Group
- GoodMills Group
- Jinshahe Group
- Louis Dreyfus
- Milne MicroDried
- Wilmar International
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.