Functional flours are defined as the specialized kind of products which are treated hydro-thermally to meet out a variety of applications in the food and beverages industry. These flours are produced and treated so as to obtain improved nutritional aspects along with additional health benefits. Such flours are exposed to several treatments such as enzyme treatment, heat treatment, protein treatment, amongst others so as to boost their stability, improve regularity, and other functions. Functional flours are preferred over the conventional form of product alternatives owing to its health benefits, texture and quality.
MARKET DYNAMICS
The functional flours market has witnessed a significant growth owing to factors such as rising use of convenience and healthy food products coupled with the growing demand for premium food products. Furthermore, increase in consumer spending along with the positive government regulations to boost the consumption of healthy products is further expected to boost utilization. However, volitity in the prices of raw material and commodities is projected to hamper the functional flours market growth over the projected period. Moreover, the primary trend followed in the functional flours market is rising demand for healthier low fat alternatives.
MARKET SCOPE
The "Global Functional Flours Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the functional flours market with detailed market segmentation by type, application, and geography. The global functional flours market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading functional flours market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global functional flours market is segmented on the basis of type and application. On the basis of type, the functional flours market is segmented into pre-cooked flours and specialty flours. The functional flours market on the basis of the application is classified into bakery products, soups and sauces, ready-to-eat products and other applications.
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 functional 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 functional 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 functional 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 functional flours market in these regions.
MARKET PLAYERS
The reports cover key developments in the functional flours market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product 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 payers from functional flours market are anticipated to lucrative growth opportunities in the future with the rising demand for Functional flours in the global market. Below mentioned is the list of few companies engaged in the Functional flours market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the functional 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.
- Archer Daniels Midland Company
- Bunge Limited
- Cargill, Incorporated
- General Mills, Inc.
- Ingredion Inc.
- ITC Limited
- Parrish and Heimbecker, Limited
- Sunopta, Inc.
- The Caremoli Group
- The Scoular Company
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.